Manager, Investment Portfolio Management

Requisition ID: 197851
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Manager, Portfolio Management contributes to the overall success of the Retail Deposits portfolio in Canada, ensuring business strategies, plans and initiatives are executed/ delivered in compliance with governing regulations, internal policies, and procedures.

This role is also responsible for monitoring and analyzing market and business data to support business decisions and identify trends in liquidity management and client behaviors, with the goal of identifying deposit growth opportunities for the Bank.

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

• Provide actionable insights for portfolio volume/margin management and business casing of new initiatives using a quantitative and data-driven approach
• Monitor, assess and evaluate portfolio trends and provide ongoing timely insights on developing portfolio trends and KPIs which are important for Retail Savings to achieve its annual growth targets
• Manage or support strategic projects or ad-hoc assignments for Retail Deposits & Investments in partnership with business line, finance, analytics, retail channel and external partners
• Manage portfolio performance routine including weekly/ monthly results, monthly forecasting, annual planning in collaboration with Product and Finance for Retail Savings portfolio
• In partnership with Product, manage the rate pass-through strategy with changes in Bank of Canada rate
• Monitor competitor offers and ensure strategic positioning of Retail Savings and across Retail Deposits
• Contribute to business management decisions by developing timely and actionable analysis of financial and non-financial results and trends
• Provide the post-implementation analysis and tracking of key initiatives, monitoring the results to measure success against projects KPIs
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions

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 or higher in commerce/business, economics, finance, or analytics
• 3+ years of experience in financial services industry, 1+ year(s) of data processing experience and 1+ year(s) Machine Learning Models experience
• Experience in product P&L management, Finance and/or Business Analytics
• Good understanding of retail deposits and investments market, products, services, and processes
• Strong analytical and communication skills
• Solid project management skills to prioritize, manage and implement competing initiatives
• Excellent time management skills and a proven ability to meet deadlines
• Advanced user of Microsoft products including Word, Excel, Access, and PowerPoint
• Working experience with SAS/SQL preferred

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.