Manager, Pricing Retail Deposits

Requisition ID: 267420

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

The Manager, Pricing, Retail Deposits contributes to the overall success of Retail Deposits in Canada, ensuring specific individual goals, plans, initiatives are executed in support of the team’s business strategies and objectives. You will also ensure all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

• Manage the Deposits Exception Pricing Desk and the SmartBot 2.0 tool, supporting across Canadian Retail Banking and Advisor Deposit Services channels
• Promote a culture of partnership by working with the frontline in providing prompt and professional advice
• Monitor, track and provide key insights to the Pricing committee on exception trends and competitor offers
• Assist in managing the GIC Exception Inbox to review the exception cases for redeeming non-redeemable GICs and GIC Backdating
• Assist the pricing optimization and execution of the approved pricing changes across the Retail products and Advisor Deposit Services in a timely manner to provide positive customer experiences, prevent adverse impact to our P&L, and ensure no regulatory breaches
• Recommend opportunities to improve our exception policy and increase operational efficiency by enhancing processes and tools
• 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
• Champion a high performance environment and contribute to an inclusive work environment
• Ad-hoc activities as they arise.

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

• Related post-secondary education / MBA or other advanced degree preferred
• Solid knowledge of GIC products and services including competitive products
• Experience in Pricing is considered an asset
• Excellent communication, interpersonal and networking skills
• Good analytical and market research skills
• Mid-level proficiency in the use of Microsoft Excel

What's in it for you?

• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation package.
• An organization committed to making a difference in our communities– for you and our clients.
• You can expect to be recognized and rewarded for high-performance. You’ll be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Working Conditions

• This role is located in our downtown Toronto, ON office location. Non-standard hours may be required to meet business objectives

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.