Job Description
Requisition ID: 220+24
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Manager, Global Wealth Competitive Analysis, will work closely with Global Wealth Management Finance teams across the Bank, providing competitive benchmarking and relative performance. The Global Wealth Competitive team provides their expertise around planning, forecasting and reporting processes, as well as providing guidance and leadership. Contributes to the overall success of Global Wealth Management ensuring specific individual goals, plans and initiatives are executed in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
Is this role right for you? In this role, you will:
Competitive benchmarking and relative performance
Support and provide Global Wealth Management, International Wealth Management and Global Finance leadership coverage of competitor trends, peer strategic financial reviews, financial analysis and macro/industry trends
Assist with developing various financial models & projections to support strategic projects and Global Wealth Management forecast
Ensure precision, timeliness, and integrity of financial results through effective management of Business reviews
Act as a trusted business partner and work closely with several finance teams and International Business teams, not limited but including product and business groups, Investor Relations and Global Finance
Develop and implement Business line KPI reporting processes, encompassing Customer Primacy, Partnership, Channel, and Staffing
P&L and Finance Support
Develop and implement Business line P&L models integrating macroeconomic factors, product and profitability metrics and leveraging strategic insights
Coordinate Forecast and Business Plan processes across financial and non-financial KPIs
Support Country and Business line leaders on financial projections and alignment across internal partners and targets
Conduct monthly review meetings and financial summaries with Business Lines and leadership
Strategic and Business Case support
Develop and implement Business Cases integrating macroeconomic drivers, product profitability metrics and strategic insights to establish creditable 5-year financial forecasts
Maintain and conduct external fact-based research and consulting engagements
Support overall Bank and Business strategy, including integration of divestitures, newly acquired entities in existing reporting, forecasting and plan processes
Identify and capture material opportunities based on performance analysis of the business lines
Other
Support other ongoing Finance and International Wealth Management initiatives, including but not limited to: Enterprise-Wide Stress Testing (EWST), Global Wealth Management Competitive Analysis, peer relative performance, Business Line Management initiatives, Profitability Models, Business Development initiatives, operational efficiencies and any other finance-related inquiries as formulated by Senior Management and Sales Management Groups
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
CFA or MBA and/or Accounting Designation preferred
8 years’ work experience in financial industry, experience in Research, Strategy, Investment Banking and or Wealth Business lines
Excellent written & verbal communication skills, especially with senior level management
Material knowledge of the Wealth Management and Financial Institutions industry and their products/businesses
High proficiency in Excel, PowerPoint and other MS Office products
Built complex dynamic financial models to analyze investment opportunities and project future earnings
Experience with Oracle Essbase, Hyperion Planning & Forecasting and PeopleSoft
Fluency in Spanish an asset
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.
#scotiafinancejobs
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. 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.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Manager, Global Wealth Competitive Analysis, will work closely with Global Wealth Management Finance teams across the Bank, providing competitive benchmarking and relative performance. The Global Wealth Competitive team provides their expertise around planning, forecasting and reporting processes, as well as providing guidance and leadership. Contributes to the overall success of Global Wealth Management ensuring specific individual goals, plans and initiatives are executed in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
Is this role right for you? In this role, you will:
Competitive benchmarking and relative performance
Support and provide Global Wealth Management, International Wealth Management and Global Finance leadership coverage of competitor trends, peer strategic financial reviews, financial analysis and macro/industry trends
Assist with developing various financial models & projections to support strategic projects and Global Wealth Management forecast
Ensure precision, timeliness, and integrity of financial results through effective management of Business reviews
Act as a trusted business partner and work closely with several finance teams and International Business teams, not limited but including product and business groups, Investor Relations and Global Finance
Develop and implement Business line KPI reporting processes, encompassing Customer Primacy, Partnership, Channel, and Staffing
P&L and Finance Support
Develop and implement Business line P&L models integrating macroeconomic factors, product and profitability metrics and leveraging strategic insights
Coordinate Forecast and Business Plan processes across financial and non-financial KPIs
Support Country and Business line leaders on financial projections and alignment across internal partners and targets
Conduct monthly review meetings and financial summaries with Business Lines and leadership
Strategic and Business Case support
Develop and implement Business Cases integrating macroeconomic drivers, product profitability metrics and strategic insights to establish creditable 5-year financial forecasts
Maintain and conduct external fact-based research and consulting engagements
Support overall Bank and Business strategy, including integration of divestitures, newly acquired entities in existing reporting, forecasting and plan processes
Identify and capture material opportunities based on performance analysis of the business lines
Other
Support other ongoing Finance and International Wealth Management initiatives, including but not limited to: Enterprise-Wide Stress Testing (EWST), Global Wealth Management Competitive Analysis, peer relative performance, Business Line Management initiatives, Profitability Models, Business Development initiatives, operational efficiencies and any other finance-related inquiries as formulated by Senior Management and Sales Management Groups
Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursues effective and efficient operations, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
CFA or MBA and/or Accounting Designation preferred
8 years’ work experience in financial industry, experience in Research, Strategy, Investment Banking and or Wealth Business lines
Excellent written & verbal communication skills, especially with senior level management
Material knowledge of the Wealth Management and Financial Institutions industry and their products/businesses
High proficiency in Excel, PowerPoint and other MS Office products
Built complex dynamic financial models to analyze investment opportunities and project future earnings
Experience with Oracle Essbase, Hyperion Planning & Forecasting and PeopleSoft
Fluency in Spanish an asset
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.
#scotiafinancejobs
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. 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.
💡 Quick Summary
Seeking a career-building opportunity? The Manager, Competitive Analysis- Global Asset Management Finance position is now open for candidates interested in the Bank Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
