Senior Manager, Retail Deposits Finance

Scotiabank; Toronto; On-site; CAD 60,000 - 87,000; Full time

Job summary

Scotiabank seeks a Senior Manager for Retail Deposits Finance to enhance operational efficiency while ensuring compliance with regulations. This role involves financial planning and analytics to support the bank's objectives, ideal for a candidate with advanced financial skills and leadership capabilities.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Career development opportunities

Qualifications

• Advanced financial modeling skills required.
• Familiarity with deposits and investments is a plus.
• Experience in FP&A and reporting systems essential.

Responsibilities

• Oversee Retail & ADS Savings and Term Deposit portfolios.
• Lead annual profit planning and forecasting.
• Consult with senior business partners for strategic decision making.

Skills

Analytical Skills

Customer Focus

Leadership

Education

Post-secondary degree in Finance, Accounting, Mathematics, or related field

MBA, CFA, or CPA

Tools

Microsoft Excel

PowerPoint

Funds Transfer Pricing knowledge

Job description

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Requisition ID: 226882

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

Contributes to the overall success of Canadian Banking Finance by supporting the Retail Deposits & Investment business team deliver on their objectives and business strategies. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures.

The Senior Manager oversees the Retail & ADS Savings and Term Deposit portfolios from a financial perspective and is accountable for supporting the Retail Deposits & Investments business through financial planning, analytics, forecasting, and reporting in an effort to support Executive-level decision making in a fast-paced environment. The incumbent is also responsible for supporting other deposit and investment products (D2D, Mutual Funds) as required.

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

• Champions a customer focused culture to deepen client relationships and leverage broader Bank Relationships, systems, and knowledge
• Lead the Retail & ADS Savings and Term Deposit business planning process (including annual profit planning, 5-year profit planning, stress testing and forecasting), while supporting all other deposit products as required
• Manage the development, enhancement and production of various reports and dashboards on a monthly, quarterly, and annual basis, including coordinating business performance commentary and variance analyses
• Consult regularly consult with senior business partners, ensuring they have the most recent / accurate information to make strategic business decisions on a daily basis in a fast-paced, dynamic environment
• Develop, review and analyze business cases that incorporate financial modeling with business-oriented presentation of the problem, impact, alternatives, business justification and other parameters for management decision-making
• Maintain focus on continuous improvement in profitability, competitiveness, and positioning through business analyses
• Develop and maintain a process for planning, approving, tracking, and reporting expenses related to both day-to-day operations and business cases
• Continuously improve operational effectiveness and efficiency, while ensuring the adherence to business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and Guidelines for Business Conduct
  
  

Skills

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

• Post-secondary degree in Finance, Accounting, Mathematics, Statistics, Economics or related field
• Advanced skills with Microsoft Excel and PowerPoint
• MBA, CFA, or CPA
• FP&A experience
• Familiarity with deposits and investments
• Familiarity with Funds Transfer Pricing
• Knowledge of the Bank’s source and reporting systems (e.g. OBI, Hyperion, SmartView)
  
  

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.
  
  

#scotiafinancejobs

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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Business Development

• Industries

  Banking

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