Scotiabank

Manager, Expense Management

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

Qualifications

  • University degree in Finance, Accounting, or related discipline
  • 3-5+ years of relevant experience in financial planning, forecasting, or management reporting
  • Professional designation (CPA, CFA, or MBA) preferred
  • Advanced proficiency in Microsoft Excel, PowerPoint, and financial planning/reporting tools
  • Strong understanding of financial and management reporting principles
  • Proven ability to synthesize complex data into clear insights for senior audiences
  • Strong analytical judgment, attention to detail, and ability to manage multiple priorities under tight deadlines

Responsibilities

  • Own the preparation, consolidation, and analysis of Canadian Banking non-interest expenses
  • Lead corporate functions expense reporting, including variance analysis
  • Act as a trusted finance partner on all expense-related matters
  • Translate complex financial data into executive-ready insights
  • Perform detailed analytics to explain expense performance drivers
  • Own and improve expense planning, forecasting, and reporting processes
  • Lead or support change initiatives related to expense management

Benefits

  • Champion a high-performance and inclusive work environment
  • Join a forward-thinking organization with a collaborative team
  • Comprehensive benefits plan
  • Opportunities for advancement and internal training
  • Recognition and support for high-performance individuals
Full Job Description
Requisition ID: 262831

Purpose

The Canadian Banking (CB) Expense Management team is responsible for enabling effective expense management through strategic, insightful, and timely financial analysis in a fast-changing environment, including end-to-end reporting and oversight of both business line and corporate functions expense portfolios. Expenses are managed through a matrix view by expense category and CB business lines (Retail Banking, Business Banking, Commercial Banking, and Tangerine). The Manager, Expense Management plays a critical role in end-to-end ownership of expense forecasting, planning, and reporting, providing actionable insights and clear narratives to CB executive management. The role is expected to lead complex analyses, influence business partners, and drive continuous improvement in expense management processes, tools, and governance.

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

Expense Forecasting, Planning & Reporting (Primary Accountability)
  • Own the preparation, consolidation, and analysis of Canadian Banking non-interest expenses across forecasting, planning, and management reporting cycles, encompassing both business line and corporate functions expense reporting, including:
  • Post-quarter and pre-quarter forecasts
  • Quarter-end reasonability reviews
  • Stress testing and scenario analysis
  • Annual Profit Plan and multi-year outlooks
  • Ensure accuracy, completeness, and consistency of expense results and forecasts across business lines and corporate functions. Lead corporate functions expense reporting, including variance analysis and clear articulation of cost drivers, risks, and forward-looking outlooks.
  • Lead quarterly and monthly executive reporting deliverables (e.g., forecast decks, Blue Book, MMR/QMR materials), ensuring clear variance drivers and forward-looking insights.
  • Provide effective challenge to submissions from CB business lines and corporate functions partners, identifying risks, opportunities, and emerging trends.


Business Partnering & Executive Support
  • Act as a trusted finance partner to CB business lines on all expense-related matters, with primary accountability for corporate functions expense reporting, analysis, and executive commentary.
  • Translate complex financial data into clear, executive-ready insights and recommendations for senior management.
  • Respond to ad hoc executive requests with speed, rigor, and sound judgment, including deep-dive analyses and scenario modelling.


Analytics, Insights & Value-Add
  • Perform detailed analytics to explain drivers of expense performance versus forecast, plan, and prior periods, with particular focus on corporate functions expense trends and allocation impacts.
  • Develop value-added insights to support expense optimization and productivity improvement.
  • Lead scenario analysis (e.g., cost-out, reinvestment, volume sensitivity) and clearly articulate P&L and ratio impacts.
  • Synthesize insights across multiple data sources to support strategic discussions.


Process Ownership, Controls & Tools
  • Own and continuously improve expense planning, forecasting, and reporting processes, templates, and consolidation models, including those supporting corporate functions expense submissions, allocations, and downstream reporting.
  • Ensure models reflect organizational, account, and structural changes, and are appropriately updated in planning systems (e.g., Anaplan, Hyperion, SmartView, EGL/OBI).
  • Serve as a subject matter expert on CB expense systems and data flows, ensuring strong reconciliations and data integrity.
  • Maintain effective internal controls over forecasting and reporting processes, including EUC and SOX requirements, and GL attestation.


Change Management, Projects & Leadership
  • Lead or support change initiatives and special projects related to expense management, process simplification, and automation.
  • Drive continuous improvement in analytics, models, and reporting efficiency.
  • Coach and provide guidance to analysts and business partners on expense management principles, tools, and best practices.
  • Support the Senior Manager/Director in advancing team capabilities and resilience during peak reporting periods.


  • Champion 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 of his/her 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.
  • Champion a high performance environment and contribute to an inclusive work environment.


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, Accounting, or a related discipline.
  • 3-5+ years of relevant experience in financial planning, forecasting, or management reporting, preferably within Canadian Banking or a large financial institution.
  • Professional designation (CPA, CFA, or MBA) preferred.
  • Advanced proficiency in Microsoft Excel, PowerPoint, and financial planning/reporting tools (e.g., Hyperion, SmartView).
  • Strong understanding of financial and management reporting principles.
  • Proven ability to synthesize complex data into clear insights for senior audiences.
  • Strong analytical judgment, attention to detail, and ability to manage multiple priorities under tight deadlines.
  • Demonstrated ability to influence stakeholders and operate effectively in a matrixed, fast paced environment.


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.
  • A competitive compensation and comprehensive benefits plan.
  • 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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