Requisition ID: 223710
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Leads and oversees the Business Line Support function ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

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

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Owns the overall framework, processes, and risk management activities under which BL Allocations are planned, forecasted, and reported.
• Lead and oversee the BL Allocation and TSA process for Technology. Activities include planning, forecasting, reporting & analysis, testing for reasonability and reporting of BL Allocations against budgets on a monthly, quarterly and annual basis
• Oversee reporting, analysis and commentary for Business Line Allocations on quarterly results and variances for inclusion in the Quarterly Financials, including for BlueBook as required
• Develop and maintain meaningful cost allocation methodologies to support sound management accounting principles, and in addition, provide support to various profitability models used throughout the Bank
• 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 his/her team pursues effective and efficient operations of his/her 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.
• 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.

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

• Minimum of 10 years relevant experience within a large organization
• Undergraduate degree in relevant field with either professional designation (e.g. CPA, CFA) or graduate degree (e.g. MBA)
• Extensive experience and knowledge of financial and management reporting principles as applied to banking issues, thorough understanding of the business planning process, dealing with accounting systems, budgets and internal controls

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.

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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.