Manager, International Wealth Management Finance

Job title:

Manager, International Wealth Management Finance

Company

Scotiabank

Job description

Requisition ID: 203833Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Manager of International Wealth Management Finance, will work closely with several finance teams across the Bank’s international footprint, providing support in the planning/forecasting, and reporting processes, as well as providing guidance and leadership. Contributes to the overall success of International Wealth Finance in Canada ensuring specific individual goals, plans, 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:1) Drives the Quarterly Forecasts and Annual Plan for Offshore and Head Office, including:

• Coordinating the high level and detail Forecast and Business Planning processes
• 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) Manage the reporting of Offshore and Head Office results (actuals)

• Ensure accuracy and challenge variances
• Hold monthly review meetings with the units
• Improve quality and timing of information reported
• Review country 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 forwarded looking in discussions

3) Identify and report trending and variances in expenses in the international footprint

• Support the expense analysis for IWM including LatAm and CCA
• Ensure accuracy and challenge variances in expenses in the footprint
• Provide Ad-hoc analysis for expenses in countries

4) 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.

5) Manages 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.

6) Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.7) Other

• 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 of his/her/they 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.
• Champions a high performance environment and contributes to an inclusive work environment.

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

• Undergraduate degree in Accounting, Business, Economics or quantitative discipline.
• Professional designation, or MBA, preferred
• 3+ year’s work experience in financial industry, experience in FP&A
• Excellent written & verbal communication skills, especially with senior level management (VP+)
• Experience with Oracle Essbase, Hyperion Planning & Forecasting and PeopleSoft
• Knowledge of wealth management products/businesses
• High proficiency in Excel, PowerPoint and other MS Office products
• Fluency in Spanish is 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.

#scotiafinancejobsLocation(s): Canada : Ontario : TorontoScotiabank 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 . 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.

Expected salary

Location

Toronto, ON

Job date

Sat, 27 Jul 2024 03:45:04 GMT

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