Job Description
Requisition ID: 250039
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Role
Contributes to the overall success of the Loyalty & Partnerships Finance team, Canadian Banking. Reporting to Director of Loyalty and Partnerships Finance, and partnering with the Loyalty and Partnerships business, the successful candidate will constantly focus on creating value via fully understanding business drivers underlying financial results and implement and maintain robust financial and accounting controls delivering flawless execution of all liability management and settlement processes.
Is this role right for you? In this role, you will:
Working closely with the Director of Loyalty and Partnerships Finance, the successful candidate will be directly responsible for rewards liability accounting and reconciliations
Individual must be able to navigate a high degree of accounting complexity regarding loyalty provisioning and rewards accounting
Individual will be accountable to ensure all financial accounting and documentation adheres to Scotia’s governance policies and are in accordance with SOX
Working with the Director of Finance and business partners, establish and maintain a monthly and quarterly financial reporting framework serving internal and external stakeholders while providing value-add business insights contributing to strategic decision making
Creating and managing several high-profile settlement processes with internal and external partners pertinent to the loyalty partnerships involved with the program
Plays a significant role in financial planning and analysis activities involving the Loyalty and Partnerships business
Strong ongoing collaboration and communication across several partners and stakeholders on a regular basis ensuring all teams are informed and up to date on the financials of the programs
Main point of contact representing Finance at the monthly loyalty attestation process involving multiple stakeholders across Retail Product Regulatory Control, Compliance, Finance, Product and Marketing teams
Supporting the Director of Loyalty and Partnerships Finance with KPIs for the loyalty rewards program, including cost per point reporting, redemption rate, liability projections and settlement forecasts
Champions 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
Skills
5+ years in consulting, finance, and/or loyalty programs
CPA/CFA and Business Degree or MBA, strong background in finance, mathematics, actuarial science
Demonstrated experience in Financial Accounting and Financial Planning and Analysis
Excellent partnership skills with a proven ability to build strong relationships based on trust
Strong accounting, modelling and business acumen
Excellent written, presentation and communication skills, ability to communicate on a broad spectrum (from operational discussions to high-level, executive vision)
Excellent analytical and critical thinking capabilities
Results-oriented, self-starter, with highly effective strategic influencing and negotiating skills
Demonstrated ability to work in a fast-paced, high energy environment with a proven ability to meet multiple deadlines and tasks
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 including 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 our 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.
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