Senior Manager, AI Financial Management

Requisition ID: 266534

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

The Senior Manager, AI Financial Management supports the execution and operationalization of AI FinOps strategy across the enterprise. This role is responsible for delivering financial transparency, cost optimization insights, and reporting for AI-related spend (e.g., infrastructure, models, data, and platforms). The incumbent partners with Technology, Finance, and AI teams to provide actionable analytics, improve cost visibility, and enable informed decision-making, contributing to the scaling of AI capabilities with strong financial discipline and value realization.

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

• Supports the implementation of AI FinOps frameworks, including governance processes, policies, and standards for managing AI-related spend.
• Develops and maintains cost attribution models, unit economics, and consumption-based reporting to improve transparency of AI investments.
• Delivers financial analysis and insights on AI cost drivers (e.g., training vs. inference, usage trends, model selection), identifying optimization opportunities.
• Partners with Technology and AI teams to align financial insights with operational drivers and business outcomes.
• Supports budgeting, forecasting, and scenario planning processes for AI-related investments, incorporating demand signals and cost drivers.
• Identifies and drives cost optimization initiatives (e.g., resource utilization, workload efficiency, model optimization, vendor usage).
• Contributes to the development of dashboards and KPIs to track AI spend, performance, and value realization.
• Ensures adherence to governance, controls, and financial policies related to AI spend and reporting.
• Supports vendor and cloud cost analysis, benchmarking, and financial tracking.
• Prepares materials and insights for leadership reporting, including inputs for CFO-level discussions.
• Promotes adoption of FinOps best practices and cost accountability across stakeholders.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team 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.
• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.

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, business, or a related field (MBA or CPA considered an asset)
• 5–7 years of experience in financial planning and analysis or related roles, with some leadership experience
• Strong understanding of AI/ML cost structures (cloud computing, data pipelines, model training/inference)
• Experience translating business requirements into well-defined process flows, procedures, decision points, controls, and performance measures.
• Ability to balance strategic thinking with execution, ensuring process designs are practical, measurable, and aligned with business outcomes.
• Experience with FinOps practices or cloud cost management
• Strong analytical and financial modeling skills
• Familiarity with tools such as Apptio, Azure/AWS/GCP cost platforms, Databricks is an asset
• Strong communication skills with ability to translate technical cost drivers into business insights
• Proven ability to partner across Finance and Technology teams
• Ability to operate in a fast-paced, evolving environment with ambiguity

What’s in it for you?

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities – for you and our customers.
• A competitive rewards program includes annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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.