Scotiabank

Senior Financial Analyst

Scotiabank • $80K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial analysis, accounting, or financial management
  • Strong knowledge of accounting principles and financial reporting
  • Advanced proficiency in Microsoft Excel, PowerPoint, and Word
  • Experience with financial systems such as OBI, Hyperion, and Anaplan
  • Exceptional attention to detail and high-quality work production
  • Strong verbal and written communication skills
  • Ability to build collaborative relationships across functions

Responsibilities

  • Support development of annual profit plans, forecasts, and P&L financial reporting
  • Monitor and forecast business performance by analyzing Balance Sheet and P&L trends
  • Conduct month-end, quarter-end, and year-end financial analysis and reporting
  • Analyze financial performance, identify key drivers, and provide actionable insights
  • Develop and maintain financial models, dashboards, and management reports
  • Produce reports comparing actual results against plans, focusing on volumes, revenue, and expenses
  • Engage in projects ensuring compliance with bank policies and risk management

Benefits

  • Diverse opportunities for professional development
  • Commitment to community impact for employees and customers
  • Competitive rewards program with bonuses, flexible vacation, and comprehensive benefits starting on day one
  • Focus on Diversity, Equity, Inclusion & Allyship within the workplace
  • Commitment to creating an accessible and inclusive environment
Full Job Description
Requisition ID: 274979

The Sr. Financial Analyst plays a key role in providing financial and operational support to Commercial Banking and Canadian Banking Finance. The position contributes to strategic decision-making, business performance management, and the integrity of financial results, systems, and reporting through financial planning, forecasting, analysis, expense management, and performance reporting.

Is this role right for you? In this role you will:
  • Support the development of annual profit plans, forecasts, and financial reporting for the full P&L.
  • Monitor business line performance and provide accurate forecasts by analyzing Balance Sheet and P&L trends.
  • Perform month-end, quarter-end, and year-end financial analysis and reporting of business line results.
  • Analyze financial performance, identify key drivers and variances, and provide insights, recommendations, and commentary to business and finance leaders.
  • Develop and maintain financial models, reporting packages, dashboards, and management reports to support planning, tracking, and decision-making.
  • Produce and analyze reports comparing actual results to plan across volumes, revenue, margins, and expenses.
  • Manage, monitor, and report on business line expenses, including support, allocated, and non-interest expenses, to support effective cost control.
  • Conduct reasonability reviews, validate financial data, and collaborate with partners to ensure accurate reporting and explanations.
  • Monitor complement and expense overruns to help ensure business line targets and budgets are achieved.
  • Partner closely with stakeholders across Commercial Banking, Canadian Banking Finance, and support functions to deliver timely and effective financial support.
  • Evaluate opportunities to improve efficiencies, maximize benefits, increase revenues, and minimize costs through analysis and process improvements.
  • Participate in projects and initiatives while ensuring compliance with Scotiabank policies, controls, and risk management requirements.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • You have experience in a related financial analysis, accounting, or financial management role.
  • You have strong knowledge of accounting principles, financial management, and financial reporting.
  • You have advanced proficiency in Microsoft Excel, PowerPoint, and Word.
  • You have experience working with financial systems and reporting tools such as OBI, Hyperion, and Anaplan.
  • You have strong analytical, problem-solving, and financial modeling skills.
  • You have exceptional attention to detail and the ability to produce accurate, high-quality work.
  • You have strong verbal and written communication skills, including the ability to present financial insights clearly to stakeholders.
  • You have proven organizational, planning, and process management skills, with the ability to manage multiple priorities and deliverables.
  • You have experience developing reports, dashboards, and management presentations to support business decision-making.
  • You have the ability to build collaborative relationships and work effectively with business partners across multiple functions.
  • You are adaptable and comfortable working in a dynamic environment with changing priorities and responsibilities.
  • You demonstrate curiosity, energy, accountability, and a strong commitment to teamwork and continuous improvement.


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

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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