Managing Director, Strategy & Transformation

Scotiabank; Toronto; On-site; CAD 230,000 - 320,000; Full time

Job summary

Scotiabank is seeking a Managing Director, Strategy & Transformation to shape enterprise priorities and lead critical transformation initiatives across Wealth Management. The role partners with EVP-level leaders and enterprise partners to translate priorities into integrated plans, governance routines, and measurable outcomes.

The position requires a track record of guiding complex, cross-functional programs with strong governance, risk management and stakeholder alignment, while fostering an

Qualifications

• Post-secondary degree, preferably in Business Administration.
• 10+ years of progressive leadership experience in strategy, transformation, wealth management or financial services.
• Experience advising EVP/SVP-level executives on strategy, governance and priorities.

Responsibilities

• Lead enterprise-wide strategy and transformation initiatives with measurable outcomes.
• Provide executive reporting, governance routines and performance insights.
• Partner with senior leaders to align strategic priorities with risk, client, employee and financial goals.
• Drive change management and communication across Global Wealth Management and enterprise functions.
• Build and maintain relationships with senior stakeholders to enable execution and accountability.

Skills

Strategy

Leadership

Governance

Change management

Executive advisory

Stakeholder management

People leadership

Performance insights

Risk management

Education

Business Administration degree

Job description

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Managing Director, Strategy & Transformation provides strategic direction, transformation leadership, executive advisory support and oversight for the Strategy & Transformation function. This role is accountable for shaping and advancing business-critical priorities, strengthening executive decision-making, enabling disciplined transformation execution, and ensuring strategic initiatives are aligned to financial, client, employee, risk and operational outcomes.

The Managing Director operates as a senior partner to the EVP business heads and key enterprise partners, translating Wealth Management priorities into integrated plans, governance routines, insights and measurable outcomes. The role leads a multi-disciplinary team responsible for strategic projects, executive reporting, employee engagement, client insights and change enablement, while ensuring activities are conducted in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role you will:

• Lead and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Function as a strategic advisor and trusted partner to the EVP and business heads, providing insight, challenge and recommendations on business strategy, organizational priorities, performance, client outcomes and transformation initiatives to support executive decision‑making.
• Shape and leads the enterprise-wide CWM strategy, governance framework and operating cadence translating Canadian Wealth Management and Global Wealth Management priorities into integrated, multi-execution roadmaps with clear accountability, disciplined execution and measurable business outcomes
• Lead the identification, prioritization and execution oversight of enterprise and business‑critical initiatives, assessing strategic trade‑offs, resource implications, stakeholder impacts and organizational readiness to advance key business objectives.
• Provide executive oversight of a portfolio of complex, cross-functional initiatives with significant business, client, employee and operational impact, ensuring appropriate governance, risk management, stakeholder alignment and realization of intended outcomes.
• Act as the primary point of integration between Global Wealth Solutions leadership, the Office of the Group Head and enterprise partners to ensure strategic priorities are effectively coordinated, communicated and advanced across the organization.
• Establish executive reporting, performance management and business insight frameworks that provide leadership with actionable intelligence, performance transparency and visibility into progress against strategic priorities.
• Provide strategic oversight of client, employee and business performance insights, including ScotiaPulse results, ensuring findings are translated into actionable strategies that strengthen business performance, employee engagement and client outcomes.
• Shape and advances the Global Wealth Solutions transformation agenda by driving alignment across strategy, communications, change management, culture, inclusion initiatives and organizational effectiveness initiatives to support sustainable business growth and performance.
• Build and sustains influential relationships with senior leaders across Global Wealth Management and enterprise functions, leveraging influence and strategic partnership to achieve outcomes in a highly matrixed environment.
• Lead a function through Director and Senior Manager-level direct reports, with accountability for strategic direction, prioritization, governance, quality of executive deliverables, stakeholder alignment and people leadership across the Strategy & Transformation mandate.
• Direct day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. Communicates the Bank’s risk culture and risk appetite statement throughout their teams.
• Create an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Build a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.

Education, Professional Experience, Certifications and Skills required:

• Post-secondary degree, preferably in Business Administration
• 10+/12+ years of progressive experience in strategy, business transformation, wealth management, financial services, distribution channel, management consulting, business management or related leadership roles.
• Demonstrated experience advising EVP/SVP-level executives on business strategy, transformation priorities, performance insights, governance and stakeholder alignment.
• Proven ability to lead complex, cross-functional mandates with enterprise dependencies, competing priorities and senior-level decision‑making requirements.
• Deep understanding of wealth management business drivers, client experience, employee engagement, risk/control expectations and operating model considerations.
• Experience establishing governance routines, executive reporting frameworks, KPIs and insights that support prioritization, accountability and business performance.
• Demonstrated ability to influence senior stakeholders in a matrixed environment, including business lines, enterprise functions and external partners.
• Strong people leadership experience, including leading through Director/Senior Manager-level roles, building capability, setting strategic direction and managing performance.
• Proven ability to connect strategy to execution through integrated planning, change management, communications and measurement.
• High degree of judgment, discretion and executive presence, with ability to navigate sensitive and confidential business matters

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.