Tag: Scotiabank

Company: Scotiabank

Location: Toronto, ON

Expected salary:

Job date: Thu, 05 Jun 2025 01:59:34 GMT

Job description: Requisition ID: 227123Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.As Canada’s leading digital bank, Tangerine technology is at the heart of everything we do. We have redefined what digital banking is, and we continue to evolve to tackle any opportunity and face every challenge through progressive technology and the power of collaboration.Do you like new challenges? Are you ready to reach new heights in your career and become part of an established disruptor? If so, come join us and help redefine the Canadian banking landscape!What you will be doing:Leads and oversees Tangerine’s Chequing business ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures; leads strategic business partnerships focused on day-to-day deposit growth and customer primacy.Is this role right for you? In this role, you will:

• Supporting the business strategy and operating model:

• Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Manages Profit and Loss statements for the Chequing business lines including delivering on financial goals/targets for revenue, NII, and deposit growth/volume. Works with the Finance and Portfolio Pricing teams to provide business line forecasts used in management of the business.
• Leads all aspects of product management for product development, pricing, distribution, and regulatory requirements including working with partners on campaigns, rates, digital enablement and marketing with a focus on delivering business line results.
• Partners with Deposit, Lending and Payment Teams to envision and establish strategic partnerships that drive primary relationships. Plays a leadership role in vendor management related to Chequing Products.
• Develops and executes business line strategies that align with targets, divisional and overall business goals. Works with partners as required to implement strategic direction.
• Leads and oversees key projects related to the business lines as required. May include new product launches, policy reviews etc.
• Partners with Deposit and Payment teams to articulate the Chequing Product Strategy; works closely with Lending, Credit Risk Management and operations teams to define Overdraft Product Strategy
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Support the business to deliver great customer experience:

• Collaborates with Client Experience and other functions to envision, business case, test, and deploy digital innovations, along with developing user experience journeys for the Deposit products.
• Communicates Chequing strategies and tactics internally with staff members to ensure collaboration and alignment.
• Reports and manages the KPI’s and KRI’s for the Chequing business, including establishing departmental goals, projects and operational initiatives aligned with key business objectives.
• Ensures that all Chequing priorities are aligned strategically and have been validated through both qualitative and quantitative methods, including consumer feedback.
• Partners with the Product Agile Squads and Marketing to develop and implement marketing tactics that will target value conscious Canadians and clients to help drive profitable volume growth.

• Leading a team:

• Provides strong strategic leadership to motivate and develop leaders and build collaborative and cross-functional team performance.
• Works with members of the organization to create, reinforce and ensure that culture is aligned with defined organizational values.
• Responsible for timely and effective change management communication and training leading to the successful implementation of corporate priorities.
• As a key member of the Deposit and Everyday Solutions leadership team, actively participates in overall strategic and operational planning and in the development of financial objectives and strategic imperatives for Tangerine and Scotiabank.
• 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.
• 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:

• Bachelor’s Degree in Finance, Business Administration, Marketing, Economics, or a related field or 7+ years product management experience with direct exposure to Deposits and related products
• Master’s Degree in Business an asset
• 10+ years of experience in financial services with a focus on product management
• P&L acumen
• Proven track record in developing and managing products, including experience with product lifecycle management and new product development
• Demonstrated ability to lead cross-functional teams, mentor, coach, and influence stakeholders
• Strong understanding of regulatory requirements and compliance in banking, especially as they pertain to Deposit products
• Customer-centric mindset with experience in identifying customer needs and adapting products to enhance customer experience

What’s in it for you?

• You will be part of a diverse and inclusive team of Client-focused go-getters looking to learn from each other in an environment that celebrates and recognizes success!
• You will have access to thousands of online and in person courses so you can shape your career growth with the support from diverse industry leaders.
• You will get our help to save for your future and to invest in your total wellbeing through our Tangerine benefits*.
• You belong here, we are equal and un-complicated. Bring your true self to work, dress codes don’t apply here.
• You will enjoy workspace flexibility and all the excitement that comes from working at the official Bank of the Toronto Raptors.

*Tangerine employees participate in Scotiabank’s pension & benefits programs (available to permanent employees)Location(s): Canada : Ontario : TorontoAt Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.

Requisition ID: 227123 Summary:

Tangerine, Canada’s leading direct bank, focuses on providing innovative banking services and award-winning customer support. The company emphasizes creating a positive impact on both clients and employees within its community, promoting an empowering culture.

Role Overview:
The position involves leading the Chequing business, ensuring compliance with regulations, and managing strategic partnerships to enhance deposit growth and customer relationships.

Key Responsibilities:

1. Business Strategy and Operations:

   • Drive a customer-focused culture and manage profit and loss for Chequing lines.
   • Oversee product management, including development, pricing, and regulatory compliance.
   • Collaborate with various teams on strategy and business direction.

2. Customer Experience:

   • Work with teams to develop and deploy digital innovations.
   • Align Chequing priorities with business objectives using qualitative and quantitative methods.

3. Team Leadership:

   • Foster a high-performance environment and drive change management.
   • Participate in strategic planning and ensure adherence to organizational values.

Qualifications:

• Bachelor’s degree in Finance or related field; Master’s is a plus.
• Over 10 years in financial services, focusing on product management and P&L experience.
• Strong skills in regulatory compliance, mentoring, and customer-centric product development.

Benefits:

• Access to training and courses for career growth.
• Participation in comprehensive benefits and pension programs.
• A flexible, inclusive workplace environment that values individuality.

In summary, this role calls for an innovative leader to drive the success of Tangerine’s Chequing products while enhancing customer experience and fostering a collaborative team culture.