Job Description

Requisition ID: 264172

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

Purpose

Lead expense management and transparency for Global Wealth Management (GWM) Finance. The role provides oversight, analytics, and governance across the expense base to support strategic priorities, improve decision-making, and drive operational efficiency in alignment with regulatory requirements, internal policies, and risk frameworks.This role will be responsible for managing the expense oversight function by performing insightful analysis on expense categories, including staffing levels, and providing timely information to executive management to support strategic decisions.

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

Expense Oversight, Quality and Governance

• Own the GWM expense management framework, including transparency, reporting standards, and governance processes.
• Lead benchmarking and performance tracking of key expense metrics to assess efficiency and effectiveness.
• Drive optimization initiatives to improve cost structure and align expenses with strategic priorities.
• Partner with business leaders and Finance stakeholders to ensure end-to-end cost planning and management.
• Strengthen governance through best practices, policy adherence, and audit/compliance alignment.
• Ensure activities align with the Bank’s risk appetite, controls, and regulatory obligations.

Forecasting, Planning and Analysis

• Lead consolidated expense planning, forecasting, and reporting (monthly, quarterly, annual). Key expense team deliverables include:
  • Monthly / Quarterly Management Report (expense portion)
  • Monthly Forecasting Reporting
    • EO Reasonability Submissions
    • Hyperion / Anaplan data uploads
    • Expense Data Pack (GWM)
    • Support Allocations (GIST / OBI and Apptio)
    • Direct Technology Expenses
  • Monthly Actuals Reporting
    • Expense reasonability (focusing on statutory expense, including commentary / assessment of pending entries)
    • Direct Technology Expenses
    • Expense Data Pack (GWM)
• Deliver clear, actionable insights on expense drivers, variances, productivity, and operating leverage.
• Provide decision support to senior leadership through deep-dive analysis and scenario evaluation.
• Challenge and validate allocations and support transparency across shared and direct costs.
• Identify cost-saving opportunities and operational improvements across business lines.
• Support strategic planning processes with timely, data-driven analysis and recommendations.

Stakeholder Partnership & Strategic Influence

• Build strong relationships across Finance (EO, AP&P, BL Finance, Other Divisional Finance teams, etc.), business lines (CWM, SGAM, IWM), and executive stakeholders (CFO).
• Influence cost discipline and decision-making through clear communication of insights and recommendations.
• Partner on change initiatives, including operating model optimization and expense transformation efforts.
• Maintain awareness of industry trends and best practices to enhance expense management capabilities.

Team Leadership, Coaching and Management

• Lead and develop a high-performing team, fostering accountability, collaboration, and continuous improvement.
• Set clear objectives aligned to business strategy and support employee development and succession planning.
• Promote an inclusive, transparent, and performance-driven culture.
• Ensure effective day-to-day controls, risk management, and compliance within the team’s activities.

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• University degree in Business, Finance, or related discipline; MBA or professional designation (CPA, CA, CMA) preferred.
• 10+ years of relevant experience in financial planning & analysis, expense management, or related functions.
• Strong leadership and people management capabilities.
• Advanced analytical and problem-solving skills with a focus on actionable insights.
• Excellent communication skills, with the ability to influence senior executives.
• Proven ability to manage complex stakeholder environments and drive change.
• Strong understanding of banking/business strategy and financial processes.

What’s in it for you?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

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.