Scotiabank

Senior Manager, Technology Business Management

Scotiabank • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
8 - 10 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 10-15 years of experience in financial management, business management, or technology finance within a large, regulated organization.
  • Bachelor's degree in finance or a STEM discipline; MBA or CPA preferred.
  • Deep expertise in financial and management reporting and banking business planning processes.
  • Highly structured critical thinker with advanced problem-solving skills.
  • Proven ability to mobilize stakeholders and drive resolution of complex issues under pressure.
  • Advanced Excel proficiency with experience managing large datasets and developing analytical tools.
  • Demonstrated experience with financial and reporting tools including Power BI, PeopleSoft, and Visio.

Responsibilities

  • Produce insightful business commentary for management and regulatory forums.
  • Develop narrative explanations translating financial data into actionable insights.
  • Support senior leadership with timely management reporting and performance updates.
  • Manage end-to-end oversight of the annual budget process, ensuring accuracy in reporting and tracking.
  • Analyze variances and risks, providing recommendations for optimization.
  • Oversee technology cost allocations and improve service cost transparency.
  • Lead financial governance processes for new business cases, including CAPEX and OPEX validation.

Benefits

  • Diversity and inclusion initiatives to foster an inclusive work culture.
  • Accessibility and workplace accommodations to create an equitable environment.
  • Opportunities for upskilling through online courses and tuition assistance.
  • Competitive rewards program with flexible vacations and benefits starting on day one.
  • Community engagement programs that promote belonging and collaboration.
Full Job Description
Requisition ID: 256632

The Role:

The Sr Manager, Technology Business Management supports the execution and performance management by managing and supporting financial planning, analysis, and reporting. The role delivers data driven insights, strengthens financial controls, and enables effective expense management and decision making for Global Banking and Markets Enterprise Technology and Global Wealth Management Technology through budget management, allocations, and ongoing financial oversight.

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

  • Produce clear, insightful, and decision-oriented business commentary for recurring Management and Executive Committees, Board materials, and regulatory forums.
  • Develop narrative explanations that translate financial and operational data into meaningful insights, risks, and opportunities.
  • Support senior leadership with timely, accurate management reporting and performance updates.


Financial Management and Control

  • Provide end-to-end financial management and oversight of the annual budget process, including reporting, forecasting, accruals, allocations, invoice tracking, and invoice payments.
  • Lead systematic tracking and reporting of operational and project budgets, ensuring accuracy and transparency.
  • Analyze plan vs. actuals and forecasts; identify and communicate variances, risks, and optimization opportunities.
  • Oversee initiatives to achieve annual financial targets while maintaining strong financial discipline and controls.


Technology Cost Allocations

  • Analyze and manage the allocation of technology costs across business units and services.
  • Partner with stakeholders to improve service taxonomy, cost transparency, and underlying data structures.
  • Identify opportunities to enhance the accuracy, efficiency, and scalability of technology allocation processes.
  • Support continuous improvement initiatives aligned with Technology Business Management (TBM) best practices.

Tech Finance Transformation
  • Promote transparency in technology spending and support broader technology finance transformation initiatives.
  • Partner with Technology Finance on key programs, including efficiencies, Contractor Pool Optimization, Cost Centralization, and other strategic initiatives.
  • Help embed new financial frameworks into business-as-usual operations.

Project Portfolio
  • Manage, track, and report on the financial performance of the overall program portfolio and major / critical projects, ensuring alignment to defined Key Performance Indicators.
  • Coordinate with enterprise program management teams on initiatives with U.S. impact.
  • Lead the financial governance process for new business cases, including:
  • Coordinating business case development with Technology and Business partners
  • Reviewing and validating CAPEX and OPEX financial assumptions
  • Supporting approval processes and ongoing financial tracking


Control Framework & Monitoring
  • Develop leadership analysis including target management, trending, and projections.
  • At the direction of engagement leaders, prepare status reports and updates for management and committee forums.
  • Develop, define, and embed policies, procedures, guidelines, and controls related to:
      • Operational and project financials
      • Forecasting and resource management
      • Vendor and cost management
  • Support day to day business operations, strategic planning, prioritization, and expense management.


Regulatory and Controls
  • Apply the Bank's risk appetite and risk culture to day-to-day activities and decision-making.
  • Contribute to regulatory requests and inquiries, ensuring clarity, accuracy, and completeness of responses.
  • Serve as the primary point of contact for audits, annual policy reviews, and control assessments (e.g., Mandatory Absence, Clean Desk, and related controls).


Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
  • 10-15 years of relevant experience in financial management, business management, or technology finance within a large, complex, and regulated organization.
  • Bachelor's degree in finance or a STEM discipline required; MBA and/or professional designation (CPA) preferred.
  • Deep expertise in financial and management reporting, with a strong understanding of banking business planning processes, accounting systems, budgeting, internal controls, and cost allocation methodologies.
  • Highly structured, critical thinker with advanced problem-solving capabilities.
  • Proven ability to mobilize stakeholders, align decisionmakers, and drive resolution of complex issues under pressure.
  • Sound judgment in assessing priorities, risks, and tradeoffs, with appropriate escalation to senior leadership.
  • Advanced Excel proficiency required, including hands-on experience managing large datasets, integrating multiple data sources, and developing dynamic analytical tools.
  • Strong ability to translate complex data into clear insights, metrics, and executive-ready visualizations.
  • Demonstrated experience with key financial and reporting tools, including PPM, Power BI, Apptio, PowerPoint, Visio, PeopleSoft, SmartView, and MARS.

What's in it for you?
  • 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 employee 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 everyone 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.
  • Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
  • Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
  • Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!


#LI-Hybrid

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Senior Manager, Technology Business Management jobs:

NationwideToronto, ON