Senior Manager, GBM Financial Planning & Analysis

Requisition ID: 213812

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

Reporting to the Director, Expense Forecasting & Analysis, the Senior Manager, GBM Financial Planning & Analysis is part of a team responsible for providing value-added analytical and strategic support on expenses to GBM's business lines, regions and senior management to facilitate the achievement of GBM's expense targets. The GBM Expense team is the primary point of contact between Global Finance and GBM's business lines with respect to expense management and control. The position has a business partner role and elevates analytical output to deliver value added analysis and insights to internal clients as well as to support the main bank's process like Strategic Plan, Forecast, quarter and month end reporting, etc.

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

• Lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Work together with others to prepare and update financial plans, forecasts, budgets, stress tests, business and project pipelines, and other forward-looking financial outlooks. Identify issues and provide commentary related to financial results and/or forecasts.
• Develop and maintain reports and key expense metrics to provide analytical guidance on the expense reporting framework including productivity savings, controllable expenses and other expense reduction opportunities
• Provide analysis, support and counsel to business line management related to planning and forecasting.
• Conduct financial reviews/investigations of strategic business initiatives.
• Work collaboratively with other stakeholders in Global Banking Markets (GBM) to access MIS data required to perform the duties of the position
• Support ad hoc requests from Executive Management, auditors, regulators, ratings agencies, research analysts and other external parties as required.
• Prepare and provide analytical support including analysis and data related to business line, product, geographic, or client profitability or balance sheet, capital, and/or funding usage.
• Contribute to an environment in which the team works together to produce creative and value-added strategic analysis while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• 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? We'd love to work with you if you have experience with:

• Degree in Finance, Economics or Business Administration, Chartered Professional Accountant or Chartered Financial Analyst designation or comparable experience
• Minimum 5 years work experience in a Finance Function (Financial Planning and Analysis), Global Banking Markets business line is preferred.
• Understanding of GBM's capital markets business lines, financial reporting process, compliance policies, performance measurement, planning and analysis, service standards, and legal and regulatory requirements.
• Knowledge of the Bank's financial reporting systems such as EGL, OBI and Hyperion strongly desired.
• Excellent analytical skills and excel skills including financial modelling.
• Advanced presentation and communication skills and proven ability to provide insightful and influential analysis to Senior Management.
• A demonstrated ability to work in a team environment under tight deadlines, in some cases on special projects and tasks requiring creative analysis and solutions.

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package:
• Performance bonus, Employee Share Ownership Program, and Pension Plan Matching
• Health Benefits from day one!
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters! You will have access to career development and progression opportunities.

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.