Director, Real Time Payments, Enterprise Payments -Toronto

Requisition ID: 194739
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB's comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

Purpose
The Director, Real Time Payments will be responsible for defining the vision, associated roadmap, and delivery execution of Real-time and Batch Payments imperatives across Scotiabank. This role will lead a team to strategize, visualize, prioritize, and implement Payment's products that unlock value for the bank and its customers and modernize our legacy platforms. This includes developing new and innovative propositions for businesses and consumers in collaboration with internal product groups.
The Director will represent Scotiabank at various Real-time Payments industry forums informing the bank's perspectives and internal delivery plans. In addition, this role will lead Real-time Payments commercialization strategies and activities associated with launching new Real-time Payments products in the market. Success in this role will require a self-starter, capable of close collaboration with technology, business product, compliance, legal, operations, and other stakeholders.

What You'll Do:

• Identify Real-time Payments opportunities relevant to customer demands and emerging ecosystems
• Partner with stakeholders across consumer and business payments product groups to determine needs, gaps, and strategic fit for new Real-time Payments products
• Develop Real-time Payments commercialization strategies including distilling market research, internal insights, and global practices
• Implement a modernized Payment Platform supporting the processing of domestic Electronic Funds Transfers (EFTs) responsible for $1.9 Trillion in annual value
• Define business case(s) and benefits for identified opportunities/products
• Execute Real-time and EFT Payments program delivery partnering with technology, sales, product, operations, and other groups
• Collaborate with the bank's International Banking (IB) partners to identify and implement new propositions, leading practices, and related business initiatives
• Support Real-time Payments industry discussions and workstreams with Payments Canada, Financial Institutions, and other industry partners/vendors
  

What You'll Bring:

• 8+ years of relevant Strategy, Consulting, or Product experience within the financial services industry
• Deep understanding of digital payments - Electronic Funds Transfers (EFTs), Bill Payments, Real-Time Payments, Wire Payments, Cross-Border Payments, International ACH and/or other emerging payments methods
• Strong influencing and collaboration skills to drive cross-functional teams to deliver Real-time Payments based products/propositions
• Previous experience in delivering complex, large-scale initiatives across cross-functional teams in Lean/Agile operating environments
• Proactive and effective communicator, experienced in presenting information to various internal/external audiences along with ability to facilitate large group discussions to drive alignment
• An affinity for payments and its future, deep curiosity about current trends and upcoming innovations
• Proven track record of defining and executing payments strategies, decision making and critical thinking

Work Arrangement:
This position is currently a hybrid role, with the expectation that you will work at least 2-3 days a week in the office. Please note that this is subject to change based on the needs of the business.

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.