Manager, Business Initiatives - International Wealth Management Finance

Requisition ID: 193819
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, Business Initiatives - International Wealth Management (IWM) Finance, will work closely with several finance teams across the Bank's international footprint, providing support in the planning/forecasting and reporting processes, as well as providing guidance and leadership. Contributes to the overall success of International Wealth Finance in Canada ensuring specific individual goals, plans, initiatives are executed in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

1) Partnerships & Relationship Management

• Work closely with several finance teams and International Business teams
• Ensure precision, timeliness, and integrity of financial results through effective management of Business reviews
• Develop and implement Business line KPI reporting processes, encompassing Customer Primacy, Partnership, Channel, and Staffing
• Act as a trusted business partner and drive segment/product discussion with Country leadership

2) P&L and Finance Support

• Develop and implement Business line P&L models integrating macroeconomic factors, product and profitability metrics and leveraging strategic insights
• Coordinate Forecast and Business Plan processes across financial and non-financial KPIs
• Support Country and Business line leaders on financial projections and alignment across internal partners and targets
• Conduct monthly review meetings and financial summaries with Business Lines and leadership

3) Strategic and Business Case support

• Develop and implement Business Cases integrating macroeconomic drivers, product profitability metrics and strategic insights to establish creditable 5-year financial forecasts
• Maintain and conduct external fact-based research and consulting engagements
• Support overall Bank and Business strategy, including integration of divestitures, newly acquired entities in existing reporting, forecasting and plan processes
• Identify and capture material opportunities based on performance analysis of the business lines

4) Other

• Support other ongoing Finance and International Wealth Management initiatives, including but not limited to: Enterprise-Wide Stress Testing (EWST), Global Wealth Management Competitive Analysis, peer relative performance, Business Line Management initiatives, Profitability Models, Business Development initiatives, operational efficiencies and any other finance-related inquiries as formulated by Senior Management and Sales Management Groups
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations, while ensuring the adequacy, adherence to and effectiveness of day-to-day 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 the Guidelines for Business Conduct.

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

• CFA or MBA and/or Accounting Designation preferred
• 8 years' work experience in financial industry, experience in Research, Strategy, Investment Banking and or Wealth Business lines
• Excellent written & verbal communication skills, especially with senior level management
• Material knowledge of the Wealth Management and Financial Institutions industry and their products/businesses
• High proficiency in Excel, PowerPoint and other MS Office products
• Built complex dynamic financial models to analyze investment opportunities and project future earnings
• Experience with Oracle Essbase, Hyperion Planning & Forecasting and PeopleSoft
• Fluency in Spanish an asset

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.