manager, finance
Title posted on CareerBeacon -
Director, Business Deposit Products Canada, Global Transaction Banking - Toronto
Posted on April 27, 2024
by
Employer details
Scotiabank
Job details
Requisition ID: 198145Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Global Transaction Banking Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us. As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB's comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk. At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization. Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture. PurposeLeads Business Deposit Products in Canada ensuring that business deposit strategies, plans and initiatives are executed/delivered and contribute to the sustainable and profitable growth of the portfolio, while following governing regulations, internal policies and procedures. The Portfolio consists of a variety of deposit products that primarily consists of Interest Bearing and Non Interest Bearing Accounts, as well as GICs/Term Deposits. The incumbent partners with Sales (Corporate, Commercial, Small Business, and Wealth) to identify and prioritize business deposit opportunities by leveraging on-the-ground expertise and resources, adjusting support to meet segment needs and capabilities. The incumbent and their team also support the develop of deposit acquisition strategies and assist with performance measurement and target setting. The contributions of this unit represent a significant source of revenue for the Bank, with strong visibility and focus within the Bank and across the marketplace. What You'll Do: Leads and drives a customer focused culture throughout their team to deepen client relationships by leveraging institutional knowledge and broader Bank relationships. Identifies, develops, and executes strategic plans that contribute to the sustainable growth, profitability and overall success of business deposit portfolios across Canadian Banking, Global Banking & Markets (GBM) and Global Wealth Management (GWM). Collaborates with GTB units, GBM, Commercial, Small Business and GWM to develop and communicate a vision and strategy to guide the future growth of the business deposits across diverse markets. Identifies and monitors business trends, competitive intelligence, market best practices, regulatory restrictions, and client feedback to ensure strategies meet client needs. Identifies and evaluates market- and segment-specific opportunities, potential new products/product enhancements, sales strategies, and market positioning options, with guidance from local market and other GTB partners with a deposit focused mandate. Reviews, evaluates, and leads the development of strategic proposals and business cases that contribute to business line deposit strategies and objectives of GTB and its partners. Where required, lobby with internal and external stakeholders to obtain buy-in and resources to proceed with projects. Formulates and communicates GTB's strategic objectives to the field and provides direction, advice and/or authorization on issues with strategic implications. Sponsors customer and product research and analysis to improve product revenue and market share. Oversees all aspects of Deposit Product Management in conjunction with applicable stakeholders: development, maintenance, systems, strategy, client & sales support, marketing, documentation, regulation,
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LocationToronto, ON
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SalaryNot available
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Terms of employment
Full time
- Start date
Starts as soon as possible
- vacancies
1 vacancy
- Source
CareerBeacon
#2036616
Advertised until
2024-05-27
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