Vp, Savings
7 months ago
**Requisition ID**: 187704
Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.
**_
Purpose_**
Reporting to the SVP Retail Banking of Tangerine, the Vice President, Savings and Everyday Banking Solutions is a member of Tangerine’s Leadership team and a member of the Risk and Governance Committee. This role has overall accountability for the general management of the Deposits & Chequing business lines, including strategy, mid-term business plans and tactical execution of key initiatives to achieve desired business results.
This role, strategically, must continue to evolve the Tangerine digital product offering to maintain and grow its current leadership in Deposits amongst Digital Banks, while leveraging the brand and integrated banking experience to further build on Tangerine’s status in the Digital Chequing solutions space.
***:
**_ Accountabilities_**:
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
- Accountable for the development of Deposits & Everyday Banking Solutions strategy to achieve the Bank’s short
- and long-term objectives.
- Responsible to identify opportunities for new products, innovative tools and features and distribution alternatives.
- Engage in public relations as an ambassador of the Bank’s Deposits & Everyday Banking Solutions businesses.
- Owns the general management of the businesses including profit and loss accountability.
- Determine and managing the KPI’s and KRI’s for the businesses, including establishing departmental goals, projects and operational initiatives aligned with key business objectives.
- Provide leadership to execute tactical plans through collaboration with key stakeholder functions including Marketing, Service and Sales, Operations and IT.
- Oversee the budgeting process and assume on-going accountability for operational expenses related the businesses.Embrace and ensure communication and accountability related to Tangerine’s promises and leadership competencies.
- Responsible for understanding and complying with the Regulatory Compliance Framework including the Anti-Money Laundering/Anti-Terrorist Financing and Sanctions Policy and all AML related policies, procedures and controls within the department.
- Directs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits. Communicates the Bank’s risk culture and risk appetite statement throughout their teams.
- Creates an environment in which his/her team pursues effective and efficient operations of his/her 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.
**_
Education and Experience_**:
- University Degree or equivalent experience
- 5+ years of leadership experience
- Chartered Investment Manager (CIM) designation or other relevant Professional Degree (LLB, CFA, or others) in good standing is preferred.
Location(s): Canada : Ontario : Toronto
At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.
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