Work Location:Toronto, Ontario, Canada
Hours:37.5
Line of Business:Finance
Pay Details:$96,900 - $136,800 CAD
This role is eligible for a discretionary variable compensation award that considers business and individual performance.
Job Description:Job Summary:Financial & Management Reporting: Lead the monthly and quarterly reporting process for fixed income businesses, providing in-depth analysis of financial activities, including operations, financial products, liquidity solutions, and capital markets.
Process and Stakeholder management: Contribute to the enhancement of financial reporting processes, present financial insights, key risks, and strategic implications to senior management and cross-functional stakeholders.
Accounting Knowledge: Have strong grasp of accounting principles and financial reporting standards; CPA or similar qualification is preferred.
Data Accuracy and Controls - Collaborate with senior leadership, and business units to validate financial inputs, implement controls and proactively challenge assumptions to ensure accuracy, compliance, and consistency with internal policies and regulatory standards.
Technology & Process Improvement - Leverage financial technologies (FinTech), enhance data analytics, and improve financial processes for greater efficiency.
Team Leadership & Development - Supervise junior financial analysts, provide training, and foster a strong financial management team.
Independent starter and great problem solving skills - strong sense of ownership that can lead complex investigations and find best solutions for business inquiries
AI / Data Analytics capabilities - Power BI, Tableau, Co-Pilot, Python
CUSTOMER- Work closely with business partners to gain deep understanding of the business and relevant objectives in order to contribute to the strategic direction of respective business and/or the enterprise
- Formulate relevant and meaningful data analysis through comprehensive data visualization tools, profiling tools, segmentation, as well as leveraging advanced modeling and analytics
- Lead on the interpretation of complex business issues, generate multifaceted insights and identify opportunities to help drive business growth or address business/enterprise needs
- Effectively communicate relevant / meaningful recommendations on a range of finance management issues or related operational processes to all levels within the organization
- Act as a subject matter expert for LOB Finance area supported and provide guidance/ advice and recommendations to support dealings with internal / external partners
- Identify and develop key business performance measures or metrics for own area and ensure benchmark / best practice information is shared with appropriate parties
- Work to maximize shareholder value by developing key strategies / tactics for own unit and by conducting business and/or financial analysis to support key business decisions and the achievement of business partner or department objectives
- Leverage advanced data and analytics where possible to ensure business leaders are provided with comprehensive information to enable strategic decision support
- Develop and/or assess significant business cases / new initiatives applying expertise and ensuring criteria for own area are met (e.g., taxation, accounting practices, forecasted rates of return, evaluate outcomes, test assumptions, interface with others for appropriate input, identify benchmarks)
- Proactively partner and support the business to develop business, financial, operational, or organizational strategy for the organization
- Ensure alignment between business segment and enterprise goals / thresholds
- Provide strategic insights & propose solutions for the organizations they support that deliver superior risk adjusted profitability
- Create "story-telling" presentations on business performance (competitive analysis, etc.)
- Acts as a catalyst in driving forward initiatives critical to delivering strategy
- Develop and implement growth strategies
- Partner with the business to develop financial plans and forecasts
- Apply management-level focus
SHAREHOLDER- Acts as a respectful "challenger" to provide alternative points of view
- Lead the development / implementation of new financial models, operating service standards, methodologies, frameworks and paradigms to support on-going reporting, audit and/or analysis functions for own area
- Synthesize complex and vast amount of information and translate into actionable insights and strategy
- Monitor and analyze financial performance, acting as custodians of cost
- Adhere to enterprise frameworks or methodologies that relate to activities for our business area
- Ensure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
- Consistently exercise discretion in managing correspondence, information and all matters of confidentiality and privacy; escalate issues where appropriate
- Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
- Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations
- Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience
- Conduct meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
- Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist
- Identify / recommend / support the implementation of actions / remediation plans to address performance / risk /governance issues
- Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
- Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
- Maintain a culture of risk based management and control, supported by effective processes in alignment with risk appetite
EMPLOYEE / TEAM- Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
- Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit
- Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
- Participate in personal performance management and development activities, including cross training within own team
- Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
- Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
- Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
- Contribute to a fair, positive and equitable environment that supports a diverse workforce
- Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
BREADTH & DEPTH:- Scope of role may have pan-business impact and focus is on comprehensive reviews, specialized analysis, audits and/or initiatives with a yearly time span
- Accountable for conducting financial analysis / research, reviews and/or audits to support functional goals / objectives
- May act as interface with Finance partners/ leaders and external parties
- Serves as a source of advice to senior management in field of specialty; may lead team(s) of related specialists/experts
- Undertakes and completes a variety of complex projects and initiatives requiring seasoned business partner specialist knowledge and/or the integration of cross functional processes within own area of expertise
- Work is guided by policies and industry standards/methods
- Requires innovative thinking to develop new solutions
- Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
- Works autonomously as the lead and guides others within area of expertise
- Generally reports to a Senior Manager or above
EXPERIENCE AND / OR EDUCATION- Undergraduate degree
- 7+ years of relevant experience
- Accounting or financial designation preferred
Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line.
Language Requirement (Quebec only):Sans Objet
