Senior Manager, International Wealth Management Finance

Title:
Senior Manager, International Wealth Management Finance

Requisition ID:
211215

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

The Senior Manager of International Wealth Management (IWM) Finance will provide support in the planning, forecasting and reporting processes, as well as providing financial guidance and leadership to the International Wealth Management business. They will have a strong data mindset with the ability to distill complex financial scenarios and provide recommendations that will enhance the International Wealth Management results. The incumbent reports to the Director and will be instrumental in driving the customer profitability framework for IWM. They will work in close partnership with the business leaders, Global Wealth Management Finance, International Banking Finance and other business partners to drive insightful analysis and continuously look for opportunities for process optimization.

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

1. Lead Wealth Segmentation forecast and annual Plan across our international footprint including LatAM and Caribbean countries and our Offshore business units:
   
   • Lead coordinating the high level and detail Forecast and Business Planning processes per Wealth Segment
   • Review Business and Country growth assumptions and assess for reasonability when comparing with economic forecasts and available product assumptions
   • Coordinating the projections with the Country and Business Line heads and ensuring alignment among internal partners & targets
   • Preparing executive summaries for Finance and Business Line executives
2. Own the reporting of the Wealth Segment results (forecast/actuals)
   • Ensure accuracy and challenge variances
   • Hold monthly review meetings with Segment leaders
   • Improve quality and timing of information reported
   • Review Segment allocations on an ongoing basis for appropriateness
   • Draft and own concise financial commentary
   • Review for commentary with executives and business teams
     • Point out trends, risk and opportunities
     • Always be forward-looking in discussions
3. Act as Business Partner to support the Bank/ business strategy
   • Support the implementation of strategies such as the Global Wealth Customer Primacy strategy
   • Support the Integration of divestitures and newly acquired entities in existing reporting, forecasting and plan processes
   • Identify and capture material opportunities based on performance analysis of the business lines
   • Drive quarterly segment/ product discussion with countries
   • Continue to act as trusted business partner
4. Manage ad-hoc Business analysis to support business strategies
   • Examples include Enterprise-Wide Stress Testing (EWST), 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
5. Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
6. Other
   • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
   • Actively pursue effective and efficient operations of respective areas, 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, MBA, MFin and/or Accounting Designation preferred
• 8 years work experience in financial service industry, experience in Finance, Strategy, Global Banking and Markets and or Global Wealth Management
• Material knowledge of the Wealth Management and Financial Institutions industry and their products/businesses
• Excellent written & verbal communication skills, especially with senior level management
• High proficiency in Excel, PowerPoint and other MS Office products
• Experience with Oracle Essbase, Hyperion Planning & Forecasting and PeopleSoft
• Built complex dynamic financial models to analyze investment opportunities and project future earnings
• Fluency in Spanish is advantageous

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.

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 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.