Manager, Global Transfer Pricing Governance

Requisition ID: 214655

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Bank of Nova Scotia (BNS) performs many activities in Canada to support its foreign operations (whether branches or subsidiaries). These services may include management, operational support (e.g. HR services, fraud support, etc.) and oversight (e.g. Audit).. The Global Transfer Pricing program helps ensure that the costs of providing a service borne by one BNS entity for the benefit of another are allocated appropriately and comply with legislative tax and transfer pricing requirements. The Global Transfer Pricing team supports the governance of BNS' Global Transfer Pricing program. This role has two primary responsibilities:

1. Governance/Oversight of BNS' Global Transfer Pricing Program by providing guidance on execution of the Program Framework and ensuring all activities are conducted in compliance with governing regulations, internal policies and procedures.
2. Serving as the Region's Transfer Pricing (RTP) lead for services where BNS Canada is a party to the intragroup arrangement requiring certain workflow steps be completed within BNS' centralized Global Transfer Pricing tool/portal (GIST).

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

• Oversight of the Service Level Agreement (SLA) Templates: Maintain the Global Master Service Level Agreement (MSLA) schedule template, including coordination with appropriate stakeholders in Legal and Global Taxation, to support and deliver updates to the MSLA Schedule template in the GIST tool.
• Framework and SLA queries: Provide guidance to stakeholders on the Global Transfer Pricing Framework and the MSLA process; coordinate and provide revisions to meet country specific regulatory requirements where applicable.
• Service Catalogue: Own and manage the Global Services Catalogue including service descriptions and data points, processes and workflow. Support includes reviewing all Bank related services to ensure consistency with Bank's Transfer Pricing Guidelines.
• Dispute Resolution: Assist in the Dispute Resolution Process by documenting issues, gathering necessary information and escalating.
• Assist with the development of tools to monitor the status and progress of open requests as managed via GIST. Contribute to the timely follow up of such open items to ensure a quick resolution.
• SLA Delivery: Support the end-to-end process of a successful delivery of SLAs. Coordination includes facilitating the creation and approval of SLAs in GIST, ongoing monitoring of SLA adherence, communicating outcomes, identifying opportunities for improvement to ensure consistency with the Transfer Pricing Framework and refresh/review SLAs every 3 years.
• SLA Repository: Manage the GIST system including access to SLA schedules, billing and all other transfer pricing related content to determine what gaps may exist in SLAs vs. services delivered for Head Office.
• Service Reviews: Work closely with Service Providers in defining services that reflect the support provided to their service recipients, overseeing compliance with local regulators, OECD Guidelines and internal policies/guidelines. Work with the Region's Finance Team (RFT) to provide guidance on suitable cost drivers used to allocate costs.
• Develop a sound knowledge of the Bank's transfer pricing procedures to identify opportunities for continuous improvement of execution frameworks to deliver training related to Transfer Pricing for the Intragroup Services Framework, as required.
• Work on ad hoc requests from key stakeholders and participate in special projects, as required.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Results oriented individual who finds the right balance between simple solutions that meet business objectives, while complying with regulatory requirements and adequately managing tax risks.
• Excellent written, verbal and presentation skills with the ability to interact effectively with stakeholders.
• Ability to identify and communicate a broad range of issues related to implementation of transfer pricing guidelines.
• Confidence and experience in presenting internally and answering authoritatively on subject matter.
• Experience in transfer pricing operations for tax transfer pricing purposes preferred.
• Familiarity with transfer pricing rules and OECD guidance preferred.
• Ability to embrace change and be flexible to changing business needs.

What's in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.