Job Information
Scotiabank Senior Manager, Deposit Products- International Banking in Toronto, Ontario
Senior Manager, Deposit Products- International Banking
Requisition ID: 219251
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Scotiabank is Canada's most international bank, with an international presence unmatched by other Canadian Banks. Our operations include providing a full range of financial products, solutions and advice to retail, small business and commercial customers in Latin America, the Caribbean, Central America, and the Asia Pacific. In addition, our partnerships with associated corporations in China, Curacao, Thailand, and Venezuela provide an entire suite of personal, commercial, wealth management and insurance services to over 24 million customers globally.
Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Supports the Director in providing central strategic leadership and oversight for the Retail & Small Business Deposits Products (Day to Day and Term Deposits) for IB Retail, comprising 10+ countries across Latin America. Partners with Retail Product leaders across the enterprise and countries for execution. Ensures that business strategies, plans, and initiatives deliver sustained and profitable growth in the short, medium, and long term and are supported in compliance with governing regulations, internal policies, and procedures.
What You’ll Do:
Customer-Focused Culture: Drives a customer-focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
P&L Management: At the regional level, acknowledging that P&L is a local accountability, assists in managing Profit and Loss statements request for the Retail & Small Business Deposits Products, including delivering on financial goals/targets for NII, NIR, and NIAT.
Business Growth: Develops and supports strategic plans to grow the International Retail Baking in partnership regional and country teams. Leverage a deep understanding of market trends, evolving client needs and competitive / regulatory landscape to drive our International Retail Baking strategy. Identify opportunities for product innovation and product expansion.
Product Management: Supports all aspects of product management for the business line, including product strategy, design & development, to deliver on go-to-market strategy and value proposition across segments.
Product Strategy: Supports all aspects of product management for the business line, including product strategy, design & development. Strong partnership with local product teams is required to gather local product input and insights.
Product Design & Development: Provides support to maintain a best-in-class deposit products shelf standardized for the region with clear value propositions for prioritized segments and products that support client primacy. Innovates continuously to meet changing client needs and keep up with industry trends. Work with Product, Digital, Legal, Risk and Compliance to document and address product risk. Partner with Technology, Operations, Client Service and Implementations to improve client experience.
Performance Monitoring: Assists in overseeing the implementation of key performance indicators (KPIs) to evaluate the success of strategies within the retail & small business deposits products.
Stakeholder Engagement: Builds and maintains relationships with key stakeholders in the region, ensuring effective communication and understanding of the central strategy.
Centre of Excellence: Supports the COE for retail deposit products deployment. Shares best practices across the region and standardizes retail deposits products strategy.
Operational Efficiency: Aligns retail deposits products model to a regional scale by overseeing the implementation of a new operating model for the retail deposit products for all segments. Embrace an end-to-end focus on controls as a part of established business strategy.
Operational Compliance: Ensures effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles. Ensures the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.
Team Leadership: 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 behaviors. Communicates vision/values/business strategy and manages succession and development planning for the team.
What You'll Bring:
Bilingual (English-Spanish)
Bachelor’s degree required and master’s degree preferred in Business/Finance/Economics.
Minimum of 5 years’ experience in the financial sector.
Strong knowledge on transactional banking and desired regulatory environment for Latam countries.
Strategic mindset with ability to anticipate, garner buy-in and execute on opportunities.
Demonstrated strategic influencing ability, and a high degree of collaboration with diverse stakeholders.
Structured product manager,preferably with experience with deposits and payroll products,with the ability to lead complex product implementations
Strong commercial discipline, desired record of making commercially viable business decisions
Strong financial and business acumen with a result-oriented and problem-solving mindset.
Excellent communication and presentation skills.
Experience in applying agile principles and practices.
Exceptional business planning, product strategy development, and project execution skills.
Recognized and resilient team leader skills who inspires a result-oriented customer-centric culture
Work Arrangement:
Work in a standard office-based environment; non-standard hours are a common occurrence.
Occasional travel internationally might be required.
#LI-Hybrid
Interested?
If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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.