Director & Head Finance, RPUL & Loyalty

6 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Requisition ID: 239552 Purpose Provides input into the strategic direction, leadership and oversight for all finance matters for Retail Payments and Unsecured Lending (RPUL) and the Loyalty and Partnership programs, ensuring business strategies, plans and initiatives are supported in compliance with governing regulations, internal policies and procedures. Accountabilities Leadership and collaborate across the Bank Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Develop and maintain strong working relationships within Canadian Banking Finance and RPUL business unit as well as divisional support functions. Sustain strategic relationships and develop alliances with key contacts, business partners (EO groups and CFOs) and stakeholders (BLs, Executive Management) to deliver on mandate and provide value‑added analysis and insight. Build and reinforce effective working relationships and collaboration within and across the Finance Community and the CB Retail Bank. As a strategic Partner to the Business Line, provide analysis, support and counsel to business line management related to financial management of the area. Leverage strong understanding of product portfolio and business model to provide value‑added advice and recommendations. Conduct financial reviews / investigations of strategic business initiatives including new acquisitions / products / markets with a view to profitability and accounting issues. Directs financial reviews or initiatives to support strategic priorities and/or improve management processes and standardize methodologies. Implement and maintain constantly evolving performance measurement practices, and reporting. Strategic Financial Oversight Participate in monitoring the financial and general health of the business including oversight and governance. Oversee planning, forecasting and reporting for RPUL growth and financial metrics across channels. Oversee the financial analysis to support strategic investments. Lead financial planning, forecasting, and performance analysis for loyalty and partnership programs. Evaluate the ROI of loyalty initiatives and partner collaborations. Create, coordinate, analyze and verify regular business line analytics and reporting to support strategic objectives and campaigns. Develop pricing models, cost‑benefit analyses, and financial frameworks for new and existing programs. Partnership Management Identify, negotiate, and manage strategic partnerships that enhance loyalty offerings (e.g., co‑branded credit cards, travel partners, retail alliances). Ensure financial alignment and mutual value creation in partner agreements. Oversee contract execution and integration with internal systems. Loyalty Program Optimization Analyze customer behavior and program performance to improve engagement, retention, and profitability. Recommend enhancements to loyalty structures (e.g., point accrual/redemption, tier benefits). Collaborate with marketing and product teams to align financial goals with customer experience. Work closely with finance, marketing, legal, tech, and data teams to ensure seamless execution of loyalty and partnership strategies. Present insights and recommendations to senior leadership. Innovation & Growth Explore new monetization opportunities within loyalty ecosystems. Stay ahead of industry trends and competitor strategies. Leadership Provide strong leadership to motivate both individual and team performance to achieve high professional standards. Recruit, develop, retain and advance high quality talent and implement an effective succession plan for the RPUL & Loyalty Finance area. Direct day‑to‑day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. Communicate the Bank’s risk culture and risk appetite statement throughout their teams. Build a high performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team. Education / Experience / Other Information MBA and/or Accounting Designation preferred Minimum of 10 years directly related experience in a financial area Thorough knowledge of Canadian Banking’s products/services, business lines, financial reports, compliance, performance measurement, planning and analysis, service standards, legal and regulatory requirements. Must have comprehensive knowledge of management/accounting methods and practices including funds transfer pricing, product profitability, ROEE measurement techniques. MIS must be developed and applied consistently to all business lines within Canadian Banking. The incumbent must be able to assess complex business cases including large acquisition/divestiture proposals. Strong strategic and analytical skills required to develop the vision, goals, strategies, and plans for the Finance Department aligning with the overall Bank strategy. Thorough knowledge of all aspects of finance and the ability to continuously and critically analyze the current state for new concepts, insights and opportunities for improvement. Strong initiative, forward thinking and creative problem solving skills with the ability to create or stimulate integrated cross‑disciplinary strategic solutions. Skilled in gaining the organizational commitment and alignment of various stakeholders in Canadian Banking through the use of strong interpersonal skills and win‑win outcomes. Effective negotiation and influencing skills that can be applied across all functional levels and areas within the organization. Demonstrated leadership skills and relationship management expertise. 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. Seniority Level Director Employment Type Full‑time Job Function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Scotiabank by 2x #J-18808-Ljbffr