Global Risk Management Finance Expert
2 weeks ago
We are seeking a highly skilled Senior Financial Analyst to join our Global Risk Management (GRM) Finance team at Scotiabank. The successful candidate will be responsible for supporting financial reporting, planning, forecasting, and expense management for various risk functions within GRM.
About the RoleThe Senior Financial Analyst will collaborate with multiple teams across the Bank, including GRM, corporate functions, and business line stakeholders, to optimize resource utilization and meet financial objectives. Key responsibilities include:
- Expense Management & Financial Analysis:
- Oversee operating expenses within approved budgets, identifying variances and investigating their causes.
- Ensure accurate monthly accruals and adherence to Bank policies.
- Monitor actual expenses against budget, prepare accruals, reconcile financial statements, and resolve outstanding issues with accounting teams.
- Investigate unusual expense variances and conduct reasonability checks to ensure accuracy.
- Planning, Forecasting & Reporting:
- Compile and analyze monthly/quarterly financial data, including expense and headcount metrics, providing variance analyses and commentaries.
- Develop and maintain financial models, automating reporting processes and creating process controls to enhance data accuracy and efficiency.
- Produce monthly and quarterly management financial reports, summarizing financial performance for senior management and stakeholders.
- Relationship Management & Stakeholder Support:
- Build and maintain strong relationships with internal and external stakeholders, including GRM, Corporate Functions, Finance, and accounting teams.
- Partner with departments to provide financial insights and analysis, enabling data-driven decisions on budget planning, cost reduction activities, and ongoing financial management.
To succeed in this role, you should possess:
- A Bachelor's degree in finance, Accounting, or a related field.
- Minimum 3+ years of experience in financial analysis, planning, or management reporting, preferably within a financial institution.
- Proficiency in analyzing large data sets in Excel, applying filters and pivot tables, data management tools (e.g., Alteryx, SQL), and visualization tools (e.g., Power BI).
- Knowledge of financial systems such as EGL, OBI, Hyperion, or Smart View is an asset.
- Organized and detail-oriented, with a curiosity to streamline and standardize processes.
In return for your expertise, we offer a competitive salary range of $80,000 - $120,000 per annum, depending on experience. Additionally, you will enjoy:
- An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success.
- A comprehensive rewards package, including a performance bonus, Employee Share Ownership Program, and Pension Plan Matching.
- Access to career development and progression opportunities, helping you grow professionally and personally.
We thank all applicants for their interest in this role, however, only those selected for an interview will be contacted.
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