Requisition ID: 73646
Join the Global Community of Scotiabankers to help customers become better off.
The Director, Canadian Banking Strategy contributes to the overall success of the Canadian Banking Strategy team in support of the bank’s strategy and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. The Director is part of a growing, high performing team that develops and executes strategy at an enterprise and business line levels of the Bank. The Director works closely with senior management, business line leaders and a diverse set of stakeholders to deliver strategic advice that solves business problems through research, analysis, compelling strategic recommendations and execution monitoring. The Canadian Banking Strategy group is focused on Scotiabank’s domestic operations across all business lines in Canada, including Retail Products & Services, Retail Distribution, Wealth Management, Small Business and Commercial Banking, Insurance, Automotive Lending, and Tangerine.
Lead teams of managers and analysts from the Scotiabank Strategy Unit and across business lines to provide customized strategy development and advisory support; including research, analysis, issue identification and preparing compelling strategic recommendations that solve business problems. This could take 2 approaches:
Low-touch support; where the team will be providing advisory services, e.g., participating at the steering committees for key initiatives, engaging in specific work streams of the project
High-touch support; where the team will be on-the-ground driving strategy development in specific areas / businesses within the Bank.
Create comprehensive project plans, coordinated with business lines where applicable, to ensure deliverables and timelines are met by all work streams and members of the team
Lead teams to gather relevant data, perform financial analyses to diagnose issues, structure and create financial models to assess future state financial benefits / costs
Manage multiple project work streams, including leading problem-solving sessions, workshops and interviews with cross-functional, business line working team members and subject matter experts
Synthesize findings and present clear recommendations and implementation plans to ensure impactful project outcomes to senior leaders within the Bank
Foster and maintain collaborative relationships with key internal and external stakeholders including senior leaders within the Bank to support the achievement of deliverables and overall objectives
Help business line senior leaders design their strategy within the Bank’s strategic planning guidelines and develop implementation plans to enhance execution
Drive the execution and ongoing management of strategy planning with key business lines to ensure alignment with the overall Bank’s strategic plan.
Support business lines and senior leaders within the Bank in definition of key performance indicators and targets for their strategy; set and keep track of Divisional BSC and senior leaders’ APPs.
Complete competitive / business environment research and benchmarking to determine emerging issues and trends and analyze the impact / implications of those trends in the various business line strategic plans
Assist with organizing strategy offsites for senior management to facilitate ongoing discussions around the Bank’s strategy
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 his/her 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 customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Champion a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team
Education / Experience / Other Information
MBA, PhD or relevant post Graduate degree
3-4 years of experience in top-tier management consulting firm; banking industry expertise is highly preferred
Ability to deliver results in a fast-paced, challenging and dynamic business environment
Capable to engage and work directly with senior leaders across the Bank (from SVP to Group Heads) – ability to win gain trust and build strong professional relationships
Superior interpersonal skills, leadership and influencing capabilities in a multi-cultural environment
Self-motivated; ability to work both independently and collaboratively with multi-functional teams
Exceptional planning and analytical skills, ability to discern research information / data and focus on the critical business issues
Highly developed relationship management skills to effectively manage relationships across the Bank, its partners and external vendors
Exceptional presentation and written communication skills
Proven track record delivering innovative solutions from concept to change management
Excellent knowledge of MS Office including Word, Excel and PowerPoint
Work in a standard office-based environment; non-standard hours are a common occurrence
Location(s): Canada : Ontario : Toronto
As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.
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.