Scotiabank

Senior Manager, AI Financial Management

Scotiabank • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
5 days ago
Job Overview by Ladders

Qualifications

  • University degree in finance, business, or related field (MBA or CPA preferred)
  • 5-7 years of experience in financial planning and analysis with some leadership experience
  • Strong understanding of AI/ML cost structures, including cloud computing and data pipelines
  • Experience transforming business requirements into clear processes and performance measures
  • Ability to balance strategic thinking with practical execution
  • Experience in FinOps or cloud cost management
  • Strong analytical skills with financial modeling expertise
  • Familiarity with platforms such as Apptio, Azure, AWS, GCP, and Databricks

Responsibilities

  • Implement AI FinOps frameworks, governance processes, and standards for managing AI-related spending
  • Develop and maintain cost attribution models and consumption-based reporting
  • Deliver financial analysis on AI cost drivers and identify optimization opportunities
  • Align financial insights with operational drivers and business outcomes
  • Support budgeting and forecasting processes for AI investments
  • Drive cost optimization initiatives focusing on resource utilization and efficiency
  • Create dashboards to track AI spend, performance, and value realization
  • Prepare insights for leadership and contribute to CFO-level discussions

Benefits

  • Opportunities for professional development and diverse career paths
  • Commitment to community impact for employees and customers
  • Competitive rewards program including annual bonuses and comprehensive benefits starting on day one
  • Focus on Diversity, Equity, Inclusion & Allyship in workplace culture
  • Accessibility and workplace accommodations to remove barriers for all employees
Full Job Description
Requisition ID: 266534

The Senior Manager, AI Financial Management supports the execution and operationalization of AI FinOps strategy across the enterprise. This role is responsible for delivering financial transparency, cost optimization insights, and reporting for AI-related spend (e.g., infrastructure, models, data, and platforms). The incumbent partners with Technology, Finance, and AI teams to provide actionable analytics, improve cost visibility, and enable informed decision-making, contributing to the scaling of AI capabilities with strong financial discipline and value realization.

Is this role right for you? In this role you will:
  • Supports the implementation of AI FinOps frameworks, including governance processes, policies, and standards for managing AI-related spend.
  • Develops and maintains cost attribution models, unit economics, and consumption-based reporting to improve transparency of AI investments.
  • Delivers financial analysis and insights on AI cost drivers (e.g., training vs. inference, usage trends, model selection), identifying optimization opportunities.
  • Partners with Technology and AI teams to align financial insights with operational drivers and business outcomes.
  • Supports budgeting, forecasting, and scenario planning processes for AI-related investments, incorporating demand signals and cost drivers.
  • Identifies and drives cost optimization initiatives (e.g., resource utilization, workload efficiency, model optimization, vendor usage).
  • Contributes to the development of dashboards and KPIs to track AI spend, performance, and value realization.
  • Ensures adherence to governance, controls, and financial policies related to AI spend and reporting.
  • Supports vendor and cloud cost analysis, benchmarking, and financial tracking.
  • Prepares materials and insights for leadership reporting, including inputs for CFO-level discussions.
  • Promotes adoption of FinOps best practices and cost accountability across stakeholders.
  • 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.
  • Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.


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 a related field (MBA or CPA considered an asset)
  • 5-7 years of experience in financial planning and analysis or related roles, with some leadership experience
  • Strong understanding of AI/ML cost structures (cloud computing, data pipelines, model training/inference)
  • Experience translating business requirements into well-defined process flows, procedures, decision points, controls, and performance measures.
  • Ability to balance strategic thinking with execution, ensuring process designs are practical, measurable, and aligned with business outcomes.
  • Experience with FinOps practices or cloud cost management
  • Strong analytical and financial modeling skills
  • Familiarity with tools such as Apptio, Azure/AWS/GCP cost platforms, Databricks is an asset
  • Strong communication skills with ability to translate technical cost drivers into business insights
  • Proven ability to partner across Finance and Technology teams
  • Ability to operate in a fast-paced, evolving environment with ambiguity


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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