Senior Manager, P&L Management And Analysis, Global Business Payments - Toronto, On [Scotiabank]

Requisition ID: 181591

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

Senior Manager, P&L Management & Analysis / Global Business Payments

Global Banking and Markets

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Overview

The Senior Manager, P&L Management and Analysis contributes to the success of Global Business Payments through a dedicated focus on operational efficiency and accuracy in expense and client rebate processing, expense results analysis, process management and ensuring that all activities conducted are in compliance with governing regulations, internal policies and procedures.

What You'll Do

• Act as subject-matter-expert for the forecasting and planning team providing guidance and support in line with quarterly and annual cycles.
• Provide on-going support to the Director on communications and consolidation of the GBP P&L, articulating the value proposition of the wider business and showcasing the business' alignment with all-bank strategy.
• Work directly with Business Line Finance partners (Canadian Banking, Global Banking and Markets, International Banking) to communicate GBP's expense results and key business drivers to executives in a concise yet informed manner.
• Lead a team in charge of day-to-day processing of vendor invoices for services rendered to the business and our customers, commercial card rebate programs, month-end accrual procedures and managing senior executive escalation requirements in line with policies and procedures.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring 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.
• Engage with partners in back and middle office to efficiently review and escalate service issues or errors that require customer credits or debits for remediation, likewise within the approved escalation framework, and liaise with Strategic Pricing team for resolution.
• 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 behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.
• Leads and drives a customer focused culture throughout their team to deepen client relationships and primacy, and leverage broader Bank relationships, systems and knowledge.
• Manage annual business line allocation surveys and continuous review of the GBP value proposition to the business lines, ensuring costs are allocated to Business Lines appropriately.

What You'll Bring

• General knowledge of global payments trends and emerging payments technologies
• 5+ years of experience in the banking industry, preferably transaction banking and cash management.
• Experience covering quarterly and monthly financial reporting cycles and associated deadlines (preferred).
• Excellent communication skills both written and verbal; experience and comfort presenting to large groups and executive level management both digitally and in person.
• Applies superior conflict management skills and expertise to persuade and negotiate effectively
• Ability to clearly articulate and communicate complex business concepts associated with the payment's domain
• Strong SQL, Excel and Word skills.

Work Arrangement

• Work in a standard office-based environment; non-standard hours are a common occurrence. Limited travel domestically.

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, 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.