Scotiabank

Manager, Domestic Money Movements - Retail Payments

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

Qualifications

  • Undergraduate degree in business or finance; MBA is a plus.
  • 3+ years of experience in payments, product management, or consulting.
  • Familiarity with payment technologies and regulations in the Canadian market.
  • Ability to thrive in fast-paced and ambiguous environments.
  • Proven skills in translating strategy into actionable plans.
  • Strong influencing and problem-solving abilities.
  • Excellent written and presentation skills; proficient in MS Office.

Responsibilities

  • Assist in creating product roadmaps and enhancements.
  • Lead competitive analysis to inform product strategy.
  • Participate in daily management of core payments products.
  • Build partnerships with stakeholders to streamline implementation.
  • Work with analytics to define and measure KPIs for products.
  • Drive customer-focused culture and deepen client relationships.
  • Ensure adherence to compliance and risk management practices.

Benefits

  • Collaborative environment with innovative thinkers.
  • Comprehensive compensation and benefits package.
  • Opportunities for community involvement and impact.
  • Recognition and rewards for high performance.
  • Supportive leadership for professional growth and development.
Full Job Description
Requisition ID: 260330

The Manager, Domestic Money Movements reports to the Director, Money Movement Products and is part of the Retail Banking Payments Products team.

This role will be responsible for the management of one or more retail core payments products for Canadian Banking. Core Payments money movement services include e-Transfer, Debit, Retail Bill Pay and Account Transfers.

You'll bring a strong understanding of customer needs, market trends, and payments capabilities to define problems worth solving and deliver product outcomes that simplify how clients move money. Ensures business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role, you will:
  • Product Strategy & Planning
    • Assist in development and analysis of strategic product roadmaps, product enhancement and development to gain maximum benefit from each product.
    • Lead ongoing competitive and market intelligence efforts by monitoring industry trends, benchmarking against competitors, and translating insights into actionable product strategy and roadmap decision
    • Support business cases development to secure funding for new initiatives
  • Product Management
    • Participate in day-to-day product management for core products such as product delivery, client experience, and client communication strategies as well as help the team prioritize, negotiate, and remove obstacles to achieve business results
    • Build strong partnerships with key stakeholders (technology, digital, fraud, AML, Day to Day) to unblock implementation challenges and clarify trade-offs.
    • Partner with analytics to define, measure, and analyze KPIs for new and enhanced features, translating results into product decisions.
    • Contribute to achievement of acquisition targets, product financial performance, revenue performance, and expense management goals as well as oversee identification and execution of opportunities and gaps business plans
    • Own and drive key business metrics for money movement services
  • Drives customer focused culture throughout their team 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.
  • 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:
  • Undergraduate education in business or finance-related fields, MBA an asset
  • 3+ years of experience in payments, product management, strategy or consulting (considered an asset)
  • Knowledge of emerging technologies, industry trends, and competitive experiences in payments space (Canada and/or global), including knowledge of payment rails, digital money movement journeys, as well payments regulations, fraud, and AML considerations
  • Thrive in a fast-paced challenging business environment and consistently deliver results despite ambiguity and competing priorities
  • Demonstrate the ability to translate strategy and concepts into execution - from market insight and opportunity framing through planning and delivery
  • Ability to influence without authority, facilitate productive group problem solving, synthesize insights through strong critical / analytical thinking, and demonstrate exceptional planning skills
  • Bring exceptional written and presentation skills, and the ability to create high quality materials (strategy decks, business cases, plans, dashboards) that support senior decision making
  • Highly proficient in MS Office (PowerPoint, Excel, Word) with a strong focus on structured storytelling and insight driven reporting


What's in it for you?
  • The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
  • A competitive compensation and benefits package.
  • An organization committed to making a difference in our communities- for you and our clients.
  • You can expect to be recognized and rewarded for high-performance. You'll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.


Working Conditions
  • This role is located at our downtown Toronto, ON, Canada office. Work in a standard office-based environment; non-standard hours may be required to meet business objectives. Limited travel required.


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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