Scotiabank

Director, Financial Planning & Analysis, GTB

Scotiabank • $125K — $150K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
11 - 15 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • MBA or MS in Finance or Accounting required
  • CPA preferred
  • 12+ years of financial planning experience
  • Ability to create and implement FP&A management reporting
  • Strong knowledge of IFRS regulations and complex accounting principles
  • Understanding of risk management concepts
  • Track record in supporting internal control systems

Responsibilities

  • Lead a customer-focused culture to deepen client relationships
  • Design, coordinate, and maintain management reporting
  • Prepare and update financial forecasts, budgets, and plans
  • Develop strategic insights for GTB initiatives
  • Collaborate on management information systems for performance data
  • Support ad hoc requests from executive management and external parties
  • Enhance team performance while ensuring compliance with operational risk

Benefits

  • Champion a high-performance and inclusive work environment
  • Join a forward-thinking organization with a collaborative team
  • Make a difference in your community and for customers
  • Recognition and rewards for high performance
  • Support for career advancement and internal training programs
Full Job Description
Requisition ID: 263988

Designs and implements the management reporting framework for GTB Finance ensuring specific goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies, and procedures. The FP&A Director reports to Director, Head GTB Finance and is responsible to design, coordinate, and renovate management reporting, and to develop and maintain management metrics for GTB. He/she has responsibility to manage and coordinate the financial forecast and budget process, contribute to global capital planning, and provide insights and analysis to enable expense management capabilities. The incumbent also has responsibility to develop and maintain procedures for all management reporting, and influence over Global Finance initiatives.

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

Capital Accuracy Initiative and Execution
  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

  • Culture / Team Environment - Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge. Contribute to an environment in which the team works together to produce creative and value-added strategic analysis while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls.
  • Management Reporting - Design, renovates, and coordinates management reporting, and develops and maintains management metrics for GTB. Develop and maintains procedures for management reporting.
  • Financial Forecasting and Planning - Work together with others to prepare and update financial plans, forecasts, budgets, stress tests, business and project pipelines, and other forward-looking financial outlooks. Identify issues and provide commentary related to financial results and/or forecasts with respect to the capital position or metrics
  • Strategic Initiatives - Develop recommendations and analysis related to the execution of GTB strategic initiatives including Balance Sheet Optimization and aligning the business mix. Leverage strong understanding of key business constraints including wholesale funding, regulatory capital, and liquidity metrics to help optimize the balance sheet resources to maximize profitability in consideration of these constraints.Influence Global Finance initiatives on behalf of GTB.
  • Management Information Systems - Work collaboratively with other stakeholders in GTB to access management information systems required to perform the duties of the position including data related to profitability and performance as well as proxy capital and funding usage on a business line, product, geographic, or client basis.
  • Ad Hoc Requests-Support ad hoc requests from Executive Management, auditors, regulators, ratings agencies, research analysts and other external parties as required. Prepare and provide analytical support including analysis and data related to business line, product, geographic, or client profitability, capital, and/or funding usage.
  • Risk Culture -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 his/her team pursues effective and efficient operations of his/her respective areas, 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.
  • Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • MBA or MS in Finance or Accounting.
  • CPA preferred.
  • 12+ years of financial planning experience
  • Creative design and implementation capabilities to develop FP&A management reporting
  • Strong knowledge in financial accounting (IFRS regulations), statutory and other complex accounting principles, P&L reconciliations, profitability analysis, ABC costing models, performance management models, and knowledge of financial and models is required.
  • Understanding of risk management concepts.
  • Track record in supporting systems of internal controls.
  • Highly developed understanding of capital markets business lines, financial reporting process, compliance policies, performance measurement, planning and analysis, service standards, and legal and regulatory requirements.
  • Advanced presentation and communication skills and proven ability to provide insightful and influential analysis to Executive Management.
  • Expert ability to balance competing or conflicting goals of various departments/stakeholders, requiring a mature, diplomatic approach and highly developed negotiation and influencing skills.
  • Demonstrated ability to work in a team environment under tight deadlines.


What's in it for you?
  • Champion a high-performance environment and contribute to an inclusive work environment.
  • The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
  • An organization committed to making a difference in our communities - for you and our customers.
  • You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.


Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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