Job Board - Job Detail: Scotiabank - Manager, Balance Sheet Analysis & Special Projects

Manager, Balance Sheet Analysis & Special Projects - Canadian Banking Finance

Scotiabank

Toronto, ON

Salary: Information not available

Requisition ID: 265637

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

Purpose

Contributes to the overall success of Canadian Banking Finance, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

Support month-end reporting activities, forecasting and planning for net interest income and balance sheet; work closely with other teams in Canadian Banking Finance to provide variance analysis and identify drivers of performance; maintain and improve forecast models, and prepare monthly, quarterly and yearly management reports to facilitate executive decision-making
Provide weekly updates to leadership and business partners on the Canadian Banking balance sheet portfolio trends, market rates and economic data
Play a key role in the roll-out of Anaplan, including performing UAT, ensuring data reconciliation in multiple sources, and developing forecast models and reports in the platform
Assist in operational and production activities, including support, review and assessment of the reasonability of assumptions/commentary including balance sheet & profitability analysis, forecasting, Enterprise-Wide Stress Testing (EWST)
Assist in developing financial projections & models to forecast the profitability of the Canadian Bank from a top-down perspective, which will include interpreting financial data across business lines/product areas and incorporating the most recent economic information, in order to provide timely guidance towards achieving the Canadian Bank’s longer-term financial performance targets
Support stakeholder relationship management and provide key forecast inputs to business partners, including business lines, product groups, Global Risk Management, Treasury, Capital Management and EO Finance
Maintain an effective system of internal controls over the planning, forecasting and reporting processes for interest profit and ensure that any EUC requirements and SOX controls are addressed
Leverage digital solutions to seek ways to enhance the balance sheet and interest profit planning and forecasting processes by streamlining operational and analytical processes, reducing operational risk, improving effectiveness, and resolving issues related to data consistency among various systems and processes
Support competitive analysis on the Canadian banking industry and conduct review and analysis of earnings releases to help provide recommendations that will enhance the Canadian Bank’s financial results
Provide additional resourcing and ad-hoc modeling and support for special projects during periods of peak demand
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
Actively pursue 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

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 Finance, Accounting, or a related discipline
MBA, CFA, MFin or CPA or progress towards a designation preferred
Minimum 2 to 4 years of relevant experience at a financial institution
Strong analytical skills with the ability to interpret financial data and trends
Experience with financial systems (e.g. Hyperion, Anaplan, OBI)
Proficiency in data visualization and creating impactful financial dashboards; advanced skills in Microsoft Excel, Word, PowerPoint, Access, and any other analytical tools are preferred (e.g. Power BI, Python, Alteryx)
Knowledge of Canadian Banking products is considered an asset

What’s in it for you?

The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers.
A rewarding career path with diverse opportunities for professional development.
Internal development to support your growth and enhance your skills.
A competitive compensation and benefits package.
An organization committed to making a difference in our communities– for you and our customers.
We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!

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.

We are committed to hiring military and Veteran spouses and encourage you to identify your connection with the MSEN when reaching out to us or applying to any of our open roles.

Have questions or want to learn more about us? We would love to hear from you!

rochelle.mendonca@scotiabank.com

Whenever possible, reach out to a named contact rather than a general inbox - it helps ensure a quicker, more personalized response. If you hit a bounce-back, let us know at

employment.Emploi@cfmws.com

About Scotiabank

The Scotiabank Veterans Network (SVN) is committed to supporting veterans, reservists, and military spouses by recognizing and valuing their unique skills and experiences. As a military-friendly employer, Scotiabank actively promotes the integration of veterans into civilian careers by offering a wide range of employment opportunities across the Bank. SVN plays a key role in this effort, leading initiatives such as a mentorship program designed to support both current and transitioning veterans.

The team was instrumental in driving recent enhancements to Scotiabank’s reservist leave policy and organized the inaugural Valour and Vision Expo in Q4 2024, where industry leaders pledged to support veterans entering the civilian workforce. In February 2025, Scotiabank proudly served as the lead Banking Sponsor of the Invictus Games, an international multi-sport event that aids in the rehabilitation of wounded, injured, and ill service members—both active and retired.

Additionally, SVN hosts a variety of events throughout the year, including leadership symposiums and annual Remembrance Day ceremonies, to honor and support the military community.