Scotiabank

Manager, AI Financial Management

Scotiabank • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • University degree in finance, business, or a related field.
  • 3-6 years of experience in financial analysis, planning, or reporting.
  • Foundational understanding of cloud and/or technology cost drivers (AI exposure is an asset).
  • Strong analytical and Excel/data skills.
  • Exposure to financial systems and reporting tools (e.g., Power BI, Apptio, cloud cost tools) preferred.
  • Strong attention to detail and data accuracy management.
  • Effective communication and collaboration skills.

Responsibilities

  • Execute end-to-end financial tracking and analysis of AI-related spend.
  • Maintain and enhance cost attribution models and reporting frameworks.
  • Perform in-depth analysis of AI cost drivers and identify trends.
  • Support budgeting and forecasting processes with driver-based analyses.
  • Identify cost optimization opportunities and recommend actions.
  • Develop and deliver dashboards and financial insights for stakeholders.
  • Ensure data integrity and consistency across financial reporting.

Benefits

  • A rewarding career path with diverse opportunities for professional development.
  • Commitment to making a difference in communities for employees and customers.
  • Competitive rewards program, including annual bonus, flexible vacation, and comprehensive benefits starting on the first day.
  • Focus on Diversity, Equity, Inclusion & Allyship with employee resource groups and bias-free practices.
  • Commitment to creating and maintaining an inclusive and accessible environment.
Full Job Description
Requisition ID: 266539

The Manager, AI Financial Management is responsible for executing core financial analysis, reporting, and cost monitoring activities related to AI spend. This role provides foundational support for transparency, budgeting, and optimization efforts across AI initiatives. The incumbent partners with Technology, Finance, and AI teams to track AI costs, produce insights, and maintain financial data integrity, enabling disciplined and efficient AI investment management.

Is this role right for you? In this role you will:
  • Executes end-to-end financial tracking and analysis of AI-related spend across infrastructure, platforms, models, and data, ensuring visibility into key cost drivers.
  • Maintains and enhances cost attribution models and reporting frameworks, improving accuracy and usefulness of AI financial insights.
  • Performs in-depth analysis of AI cost drivers (e.g., compute consumption, model utilization, workload patterns), identifying trends, anomalies, and efficiency opportunities.
  • Supports budgeting and forecasting processes by developing driver-based analyses, variance insights, and forward-looking projections for AI investments.
  • Proactively identifies cost optimization opportunities (e.g., underutilized resources, inefficient workloads, model usage patterns) and recommends actions to the team.
  • Develops and delivers recurring dashboards, performance metrics, and financial insights that inform stakeholder decision-making.
  • Partners with Technology and AI teams to understand operational drivers of cost and validate financial assumptions and trends.
  • Ensures data integrity and consistency across financial reporting, resolving discrepancies and improving data quality processes.
  • Supports governance and control processes by applying financial policies, tracking adherence, and identifying potential risks in AI spend.
  • Contributes to vendor financial management activities, including cost tracking, invoice validation, and basic benchmarking analysis.
  • Continuously builds knowledge of AI/ML cost structures and FinOps practices, applying learnings to enhance analysis and insights.
  • Interprets financial results and communicates implications clearly to stakeholders, escalating key risks or opportunities as needed.
  • 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 their 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 effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • University degree in finance, business, or related field
  • 3-6 years of experience in financial analysis, planning, or reporting
  • Foundational understanding of cloud and/or technology cost drivers (AI exposure is an asset)
  • Strong analytical and Excel/data skills
  • Exposure to financial systems and reporting tools (e.g., Power BI, Apptio, cloud cost tools) preferred
  • Strong attention to detail and ability to manage data accuracy
  • Effective communication and stakeholder collaboration skills
  • Eagerness to learn and grow in AI FinOps and technology finance


What's in it for you?
  • A rewarding career path with diverse opportunities for professional development
  • An organization committed to making a difference in our communities - for you and our customers.
  • A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
  • Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
  • Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.


Location(s): Canada : Ontario : Toronto

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.

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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