Scotiabank

Senior Manager, GRM Budget Management and Financial Analysis

Scotiabank • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • University degree in Accounting, Finance, Economics, Business, or a related field.
  • CPA, CFA, or MBA designation considered an asset.
  • 5 to 7 years in financial planning, analysis, or expense management.
  • Strong analytical and critical thinking skills with attention to detail.
  • Excellent communication and interpersonal skills.
  • Demonstrated leadership skills with team development experience.
  • Proficiency in Microsoft Office tools and financial reporting software.

Responsibilities

  • Analyze financial results for GRM risk functions for management reports.
  • Lead maintenance and production of forecasting models for monthly and quarterly reports.
  • Support strong financial discipline and efficient resource use.
  • Manage month-end cut-off processes and deadlines for GRM functions.
  • Partner with GRM teams to provide timely support and insights for decision-making.
  • Develop and maintain relationships with key stakeholders across functions.
  • Communicate financial information clearly to stakeholders and resolve issues.

Benefits

  • Career path with opportunities for professional development.
  • Commitment to community impact and corporate social responsibility.
  • Competitive rewards including annual bonus and flexible vacation.
  • Focus on diversity, equity, inclusion, and allyship.
  • Accessibility initiatives to maintain an inclusive environment.
Full Job Description
Requisition ID: 273210

The Senior Manager is accountable for all aspects of GRM's annual operating expense budget, forecast updates, and reporting. The Senior Manager works closely with GRM Senior Management, Global Finance, HR, and other business partners to deliver accurate reports and insights to executives. This role is also responsible for identifying reporting and analysis efficiencies, as well as opportunities for process improvement.

This role contributes to the overall success of the Global Risk Management (GRM) Finance department by ensuring individual goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives. The incumbent ensures all activities are conducted in compliance with governing regulations, internal policies, and procedures.

Is this role right for you? In this role you will:
  • Analyze financial results for GRM risk functions for management reporting purposes.
  • Lead the maintenance and production of forecasting models and reporting decks used to prepare monthly and quarterly management financial reports for GRM and Business Line stakeholders.
  • Support strong financial discipline, with a focus on prioritization and the efficient use of resources.
  • Manage month-end cut-off processes and deadlines for all GRM risk functions.
  • Partner with GRM risk function management teams to provide timely support, transparency, and insights that enable effective decision-making and resource allocation.
  • Develop and maintain strategic relationships with key stakeholders, including HR, PMOs, Corporate Functions, and Business Line Finance teams.
  • Provide expense allocation transparency to Business Lines, including detailed information as required.
  • Communicate financial information to internal and external stakeholders, explain financial transactions, and resolve related issues.
  • Develop and execute meaningful employee development plans; motivate and support direct reports in achieving strong performance in their current roles and preparing for future opportunities.
  • Recognize direct report development needs and take an active role in addressing gaps.


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • A university degree in Accounting, Finance, Economics, Business, or a related field.
  • CPA, CFA, or MBA designation is considered an asset.
  • 5 to 7 years of experience in financial planning and analysis, expense management, or a related area.
  • Strong analytical and critical thinking skills, with the ability to manage multiple competing priorities while maintaining attention to detail.
  • A self-driven, highly energetic approach and a collaborative team-player mindset.
  • Excellent communication and interpersonal skills.
  • Demonstrated leadership skills, with the ability to coach and develop a team of financial professionals.
  • Experience preparing executive summaries and presentation decks.
  • Proficiency with Microsoft Office tools, particularly Excel and PowerPoint, as well as financial reporting software such as Hyperion, OPEX, and OBI; working knowledge of Power BI is highly desirable.
  • Strong organizational skills, with the ability to deliver multiple requirements within tight deadlines.


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 that includes an 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 embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow, and participate through our various Employee Resource Groups (ERGs), which span diverse gender identities, ethnicities, races, ages, abilities, and veteran statuses.
  • 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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