Requisition ID: 269072
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
Leads and oversees the U.S. Client Support & Payments Support functions within Global Transaction Banking (GTB), ensuring business strategies, growth initiatives, and operational objectives are executed in compliance with governing regulations, internal policies, and risk management standards.
The role is accountable for establishing and leading scalable client and payments support operating models that support Deposit, payments, Liquidity Management and Commercial Card products. The incumbent provides strategic leadership for payment infrastructure support, payment governance, industry testing, and operational readiness activities, including initiatives associated with payment modernization, clearing enablement, and emerging transaction banking capabilities.
The position executes long-term operational strategies, drives continuous improvement, strengthens risk and control frameworks, and fosters a client-focused culture that supports the Bank's growth agenda and target operating model.
Accountabilities
- Leads establishment and management of a client support function responsible for supporting operational client needs across Deposit, Payments, Liquidity Management, and other Cash Management products, ensuring exceptional operational support, timely issue resolution, client communications, and callback activities.
- Develops, implements, and maintains scalable operating models, service frameworks, and governance standards that support both existing and emerging transaction banking products and services while enhancing the client experience and operational effectiveness.
- Oversees the Payments Support function responsible for facilitating the processing, control, and support of exception payment activities across Payment Engine platforms, core deposit systems, Commercial Card platforms, and related payment infrastructure, ensuring operational excellence, regulatory compliance, and risk mitigation.
- Leads the development and execution of operational frameworks supporting payment clearing and future payment capabilities, while ensuring processes, controls, and governance structures align with business objectives and industry standards.
- Drive and develop governance centralization for industry testing, payment certifications, network changes, market infrastructure initiatives, and strategic payment-related programs, ensuring consistent execution, oversight, documentation, and control.
- Partners with business lines, product teams, technology teams, and external stakeholders to support growth initiatives, new product launches, strategic transformation programs, and operating model enhancements across U.S. Cash Management and Transaction Banking.
- Monitors operational performance, service delivery, client outcomes, financial efficiency, and key risk indicators, leveraging data and management information to drive operational resiliency, scalability, and sustainable business growth.
- Continually acquire and enhance knowledge of the Bank's business strategies, policies, and risk management practices, methodologies, product offerings, financial markets, financial instruments and regulatory requirements. Keep abreast of Operations procedural changes and rapidly process technology to be able to provide effective, efficient and innovative business solutions and pointer to the operations groups and business lines.
- 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 they 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 effective operation controls to meet obligations with respect to operational real compliance and AML/ATF/sanctions.
- Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates knockout deep amid their team of coaches and behaviours; communicating vison/values/business strategy; and, managing either planning for the team.
Reporting Relationships
Primary Manager: Director, US Cash Management Operations
Direct Reports: Manager, Client & Payments Support Operations
Dimensions
- Supports Global Transaction Banking, Global Banking and Markets and other global utilities.
- Coverage primarily spans Canada, United States, and Mexican stakeholders.
- Usage and knowledge of multiple in-house or external systems.
- Exposure to regulatory bodies such as Federal Reserve Banks or Canada Deposit Insurance Corporation.
- Significant interaction with product management, sales, treasury, technology, risk management, compliance, legal, audit, operations, and executive leadership.
Education / Experience / Other Information
- Bachelor's degree in Finance, Business Administration, Accounting, Economics, Information Systems, or related discipline preferred.
- 7-12 years of progressive experience in Transaction Banking, Treasury Management, Payments, Corporate/Commercial Deposits, Banking Operations, Client Service, or related financial services disciplines, including leadership experience managing managers and building high-performing operational organizations.
- Extensive knowledge of transaction banking products, including Deposits, Liquidity Management,