Director, GTB Finance Global Banking & Markets Business Partner

Requisition ID: 239169

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

Purpose

The Director leads financial planning, performance management, and strategic advisory for the GTB business line, ensuring alignment with Global Banking & Markets (GBM) objectives. The Director is responsible for overseeing all financial aspects of the GTB division, including financial planning and analysis, performance management, capital allocation, risk oversight, and strategic decision support.

The Director will partner closely with senior GBM GTB executives and leadership teams, providing critical financial insights, supporting the planning process, and coordinating efforts across multiple geographies. This role will lead financial reporting initiatives, ensuring accuracy, timeliness, and compliance with regulatory standards.

The incumbent will drive the overall success of the GTB Finance team by executing key goals, plans, and initiatives aligned with the team’s business strategies. All activities will be conducted in strict compliance with governing regulations, internal policies, and procedures.

Accountabilities

Analysis:

• Strategic Business Partnership: Serve as the primary finance advisor to GTB Global Banking & Markets (GBM)leadership, providing insights and recommendations to drive business performance and strategic decision-making.
• Financial Planning & Analysis (FP&A): Lead the annual planning, forecasting, and monthly performance review processes for GTB within Global Banking & Markets (GBM) .
• Evaluate financial performance by supporting and monitoring key metrics and performance measurement criteria. This includes delivering detailed analysis for Forecasts, MD&A, Stress Tests, Investor Presentations, Board Slides, Quarterly Reporting, Supplementary Reports, and Senior Management Scorecards.
• Collaborate with the Global Banking & Markets (GBM) Finance and Business teams to assess financial performance and identify opportunities for improvement.
• Conduct in-depth financial analysis provide to provide actionable insights to senior management regarding the division’s business performance.
• Develop and monitor financial models for ad-hoc analyses, consolidating data to review variances, trends, or sensitivity analyses.

Advisory:

• Advise local Finance teams to ensure methodology and processes align with best practices and organizational goals.
• Coordinate with country specialist teams to ensure analysis and reporting of segment trends and results are consistent.
• Work closely with the Strategy team to provide necessary financial analysis and data for strategic deliverables.

Control:

• Liaise with GTB FP&A Director, IB Segment Finance Leads to ensure the accuracy and consistency of financial data.
• Ensure the integrity and reliability of financial results and oversee the timely completion of financial reporting processes.

Other:

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

Dimensions

• Includes Global Banking & Markets (GBM) : Canada – US – Europe – Asia
• Global Banking & Markets (GBM) revenues at $726MM YTD
• NII at $496MM YTD
• NIR at $230MM YTD
• Cash Management NIR at $92MM YTD
• Trade Finance NIR at $138MM YTD
• Demand Deposits at $118Bn YTD
• GTB Forecast presentations
• Strategic outlook presentations
• Annual Profit Plan
• Monthly Forecasts
• Quarter end deliverables (analysis, consolidation, and presentation)
• GTB results – Adjustment/Management Layers review and/or maintenance
• Regulatory Bodies – Stress Testing
• Improvements projects
• Ad Hoc Requests
• Business coverage: Global Transaction Banking – GBM
• Key stakeholders: GTB Leadership, GBM Executives, Risk, Treasury, Corporate Finance
• Decision-Making Authority: High – Strategic input on financial planning, investments, and performance
• Oversight of GTB GBM plan
• Actively 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

Education / Experience / Other Information

Education:

• Bachelor’s degree in finance, Business, Economics, Accounting, or related fields
• MBA or Master’s in finance is an asset
• CFA, CPA, or other designations are an asset

Work experience:

• Minimum 8-12 years of work experience
• Strong understanding of GTB products and GBM landscape
• Minimum 2 years in senior roles
• Banking or financial services experience
• Experience in financial reporting, planning, analysis
• Proven leadership and stakeholder management skills
• Highly familiar with accounting practices, taxation, and transfer pricing
• Excellent communication (written, verbal as well as presentation) skills;
• Excellent computer skills – Proficient in Excel (advanced modelling, macros, VBA)

Working Conditions:

• Work in a hybrid office/remote based environment; non-standard hours are a common occurrence. Minimal Travel
• required.

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.

Read Full Description