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Senior Manager, Financial Planning and Analysis (Global Wealth Management Finance)

Ontario 1 day ago

Job Description

Requisition ID: Join a purpose driven winning team, committed to results, in an inclusive and high:performing culture. The Senior Manager, Financial Planning and Analysis supports the strategic direction, leadership and oversight for finance matters for Global Wealth Management (GWM) finance business partners, ensuring business strategies, plans and initiatives are supported in compliance with governing regulations, internal policies and procedures.Responsible for defining, managing, directing, delivering, planning and forecasting the overall financial processes, controls and reporting of data for Global Wealth Management.As a key partner to the overall GWM Finance management team the Senior Manager, Financial Planning and Analysis is responsible for providing in:depth financial analysis to support the Wealth Management Profit Plan, Forecasts and Actuals for ongoing P and L and profitability reviews. This includes; applying analytics to develop and enhance the financial intelligence capabilities of Wealth Management Finance around planning and forecasting, financial analysis, regulatory changes, financial methodology, and strategic planning. This leadership role is expected to act as a lead and subject matter expert on executive reporting and expense management initiatives, including cross:training business line finance teams to enhance the overall capabilities for Global Wealth Management Finance. Is this role right for you? In this role, you will: Leadership: : Lead and drive a customer focused culture to deepen relationships and leverage broader Bank relationships, systems, knowledge and contribute to an inclusive work environment. : Independently prioritize and drive cross:functional initiatives : Develop deep relationships with finance teams and business partners across GWM to understand strategic priorities, support business activity, and help drive financial performance : Proven ability to work as an effective team leader and key partner; ability to motivate others, build trust with partners and colleagues, and work collaboratively across teams. : Lead operational improvements embedded in Finance processes. Identify and implement continuous improvement opportunities to streamline end:to:end processes, enhancing business partner and employee experiences. : Actively 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. Own and drive the reporting activities for GWM Finance (FP and A Activities): : Lead the Global Wealth Management (GWM) consolidation process for Forecasting and annual Plan across multiple business groups within GWM. Including; stylelist:style:type:circle: : Executive Reporting for Global Wealth Management Finance, including Monthly and Quarterly Management reporting, Quarterly Bluebook, Monthly Forecast and Annual Profit Plan binders : Lead coordinating the high level and detail Forecast and Business Planning processes for each segment : Review business assumptions and assess for reasonability when comparing with forecasts and plan to ensure reasonable and appropriate : Drive analysis and insights on expense streams, including IT and S project costs (SIP), preparation and timely completion of monthly forecasts and month end results reporting/analysis : Drive analysis of monthly expense results, including analyzing functional activity and consulting with leaders and business partners, and preparing insightful commentary on results and variances : Preparation of various monthly reports and dashboard leveraging tools such as Power BI platform : Work collaboratively with other finance team members to ensure

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