Senior Manager, Payments Network Partnerships
3 weeks ago
Select how often (in days) to receive an alert:
Senior Manager, Payments Network Partnerships
Requisition ID: 242314
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior Manager, Payments Network Partnerships is responsible for overseeing the day‑to‑day partnerships with the networks, supporting the development of our payments strategy and roadmap. Ensures all activities conducted are in compliance with governing regulations, and internal policies and procedures.
Is this role right for you? In this role, you will:
- Manage Payment Network relationships and organize the agenda between the network and operating model across Canadian Banking and key partners.
- Support network contract management & negotiation support, including revenue and fee analysis, scenario planning, incentives, ongoing contract KPI monitoring.
- Manage the incentives budget, SOW / approvals and ongoing spend.
- Provide oversight of network mandates, initiatives & operational improvements. Works in collaboration with VP and Director to drive strategic direction for network optimization and future roadmaps.
- In collaboration with the Director, lead critical projects to deliver new payments solution with an cross‑functional project team.
- Manage network reporting requirements to deepen our understanding of client behavior, portfolio and industry trends.
- Structure internal payments discussions and updates with Payments leadership, and raise awareness on industry trends and potential implications for Scotia with our key partners.
- Contribute to business cases and analysis of new payment initiatives that have potential for new revenue sources, scalability and integration into additional business lines within the Bank’s Payments ecosystem.
- Champion 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.
- Create 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.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
- Post‑secondary education (MBA an asset)
- 8+ years of Payments experience
- Deep understanding of payment networks economics, industry trends and opportunities
- Excellent analytical, modeling and strategy development expertise
- Strong relationship management and collaboration across multiple stakeholders
- Excellent written and oral communication skills, especially creating and delivering strong business focused strategic plans
- MS Office including proficiency with PowerPoint, Excel presentations
- Experience leading a cross‑functional team or major project workstream
- Flexible and adaptable within a dynamic business environment with ability to anticipate and react quickly to technological/market change
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 and benefits 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.
- You’ll receive clear, transparent criteria to progress in your career.
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
At Scotiabank, we 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.
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