Senior Manager, Enterprise Strategy - Scotiabank, Toronto

AI Summary

The Senior Manager, Enterprise Strategy at Scotiabank in Toronto, Ontario, leads critical strategic projects and drives the bank's strategic planning processes. This senior management role involves developing strategic advice for enterprise and business line initiatives, conducting research and financial analysis, and presenting recommendations. Successful candidates require a business or engineering degree and significant experience in consulting or corporate strategy.

About the Role

As a Senior Manager, Enterprise Strategy at Scotiabank, you will play a pivotal role in shaping the future direction of Canada's leading international bank. This strategic position involves leading customized strategy development and advisory support across both enterprise and business line levels. Your responsibilities will encompass comprehensive research, in-depth analysis, and the formulation of compelling strategic recommendations designed to solve complex business problems. This could involve high-touch support, where your team actively drives strategy development in specific business areas, or low-touch advisory services, such as participating in steering committees for key initiatives or engaging in specific project workstreams. You will be responsible for preparing detailed project plans, gathering essential data, performing intricate financial analyses to diagnose issues, and creating financial models to assess future state benefits and costs. Managing multiple project workstreams, including leading problem-solving sessions, workshops, and interviews with cross-functional and business line working team members and subject matter experts, will be a core part of your day-to-day activities. Ultimately, you will synthesise findings and present clear recommendations and implementation plans to ensure impactful project outcomes, fostering collaborative relationships with key internal and external stakeholders throughout the bank.

Beyond project leadership, a significant portion of this senior management role is dedicated to strategic planning. You will drive the execution and ongoing management of strategy planning at both the enterprise and business line levels, performing strategic and business analysis to identify key issues and propose recommendations for the bank’s overarching strategy. Communicating the bank's strategic plan and priorities effectively will be crucial. This also involves completing competitive and business environment research and benchmarking to identify emerging issues and trends, analysing their impact and implications on the bank's strategic plan. Furthermore, you will assist with organising strategy offsites for senior management and the Board of Directors, facilitating ongoing discussions around the bank’s long-term strategy. This role offers a unique opportunity to contribute to the strategic direction of a major financial institution, working closely with senior management and diverse stakeholders across the entire enterprise.

Skills and Experience

To succeed in this senior management role within Scotiabank's dynamic strategy team, candidates should possess a robust academic background, ideally an undergraduate degree in business or engineering, with a graduate business degree being highly valued. A minimum of two years of post-MBA experience or five years of post-undergraduate experience in demanding fields such as consulting, corporate strategy and development, or investment banking is essential. While experience within the financial services industry is preferred, it is not a mandatory requirement. The ideal candidate will demonstrate a proven ability to deliver results consistently in a fast-paced, challenging, and dynamic business environment.

Key competencies for this strategic position include superior interpersonal skills, strong leadership capabilities, and the ability to influence stakeholders at all levels across the bank. Exceptional planning and analytical skills are paramount, enabling you to discern critical research information and data to focus on the most pressing business issues. Highly developed relationship management skills are crucial for effectively navigating and managing relationships with various partners and external vendors throughout the bank. Furthermore, exceptional presentation and written communication skills are required to articulate complex strategic recommendations clearly and persuasively. A proven track record of delivering innovative solutions, from initial concept through to change management, is highly desirable. Excellent knowledge of Microsoft Office Suite, including Word, Excel, and PowerPoint, is also expected for this senior role. This position offers a chance to join a high-performing team committed to results within an inclusive and collaborative culture.