Senior Manager, Pricing Strategy & Optimization

Scotiabank; Toronto; On-site; CAD 120,000 - 160,000; Full time

Benefits offered by this job

Diversity & inclusion

Accessibility & accommodations

Upskilling via courses

Competitive rewards and bonus

Community engagement programs

Job summary

Scotiabank is seeking a Senior Manager, Pricing Strategy and Optimization in Canada. You will lead pricing strategy for Retail Deposits and ADS, influence pricing decisions and collaborate with analytics, data, product and technology teams to drive profitability and growth.

You will guide market analysis, model development and testing programs while ensuring risk and regulatory compliance across initiatives.

Qualifications

• 5+ years of experience in financial services or pricing strategy.
• Bachelor's degree; MBA preferred; CFA beneficial.
• Strong financial modeling and ability to manage multiple priorities.

Responsibilities

• Lead pricing strategy development using market intel and portfolio performance.
• Provide pricing insights at leadership meetings and guide changes.
• Oversee cross-functional initiatives with analytics, tech and product teams.
• Develop predictive pricing models to balance growth, retention and profitability.
• Lead testing, pilots and experiments to drive continuous improvement.

Skills

Pricing strategy

Market intelligence

Portfolio analytics

A/B testing

Forecasting

Machine learning

Education

Bachelor's degree

MBA

Tools

Excel

Job description

The Role:

The Senior Manager, Pricing Strategy and Optimization, contributes to the overall success of Retail Deposits and Investments in Canada and supports the Director, Pricing, Portfolio Management and Advisor Deposit Services in leading and overseeing the team, ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Lead the development of pricing strategy recommendations using market intelligence, competitive activity, client behaviour, portfolio performance and funding objectives to develop pricing recommendations of the Retail Deposits and ADS business.
• Leads the Pricing meeting providing key insights on competitor offers, pricing recommendations and exception trends.
• Lead approved pricing changes across the Retail products and Advisor Deposit Services and cross-functional initiatives with analytics, technology, and product teams.
• Lead advanced portfolio, client and market analytics to identify growth opportunities, optimize pricing strategies and improve business performance across Retail Deposits and Advisor Deposit Services.
• Monitor competitor activity, market developments and macroeconomic trends to identify opportunities, risks and implications for pricing and portfolio strategy.
• Partner with Analytics and Data teams to develop predictive models that improve pricing decisions, balance growth, retention and profitability.
• Lead testing and experimentation frameworks, including pricing pilots, A/B testing and controlled market rollouts, to evaluate pricing opportunities and drive continuous improvement.
• Identify and evaluate emerging technologies, including artificial intelligence and machine learning, to enhance pricing analytics, forecasting and decision-making capabilities.
• Support strategic planning, business case development and prioritization of future pricing, product and portfolio initiatives.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates 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.
• Ensure initiatives are supported by appropriate processes, controls, procedures, communications, training and performance reporting and comply with governing regulations, internal policies and the Bank’s risk appetite.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• Bachelor’s degree / MBA preferred or product management experience
• CFA designation would be beneficial
• Ability to manage multiple priorities in order to achieve objectives and must be combined with a high degree of financial knowledge and modeling in order to meet deadlines
• 5+ years of experience in the financial services industry
• Good understanding/experience in GIC and Savings market, products and services and processes
• Familiarity with financial modelling and technical skills

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank.
• We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, Humans of Digital and much more!

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.