Senior Manager, Economics, Technology, OCIO

Scotiabank • Toronto, ON

7d • Onsite

About The Position

The Senior Manager, Economics within Technology as part of OCIO contributes to the success of the Economics function within Global Technology by delivering deep financial analysis, economic modeling, and decision support insights across technology portfolio. This role is highly hands-on and is accountable for producing accurate, defensible, and executive-ready analysis to inform investment decisions, portfolio optimization and value realization. This position serves as a critical extension of the Director, Economics, translating financial and economic frameworks into detailed models, analyses, and reporting that enable leadership to manage technology spend with rigor and confidence, while ensuring compliance with internal controls and governance expectations.

Requirements

• 5+ years of experience in financial analysis, economic modeling, portfolio analytics, or technology finance experience within a large enterprise
• Demonstrated experience building complex financial models independently
• Complex formulas, scenarios and sensitivities models, structured assumptions, error checks, and documentation
• Exceptional attention to detail with the ability to produce accurate, defensible financial outputs under tight timelines
• Project Portfolio financial management knowledge
• Strong business acumen and organizational skills
• Strong quantitative, analytical, and conceptual problem-solving skills combined with outstanding business acumen and attention to detail
• Excellent interpersonal and communication skills, written and verbal for interacting with offices with varying cross cultural and language differences
• Advanced leadership skills in Building Strategic Relationships and Customer Focus
• Desire to work in a hands-on team environment

Nice To Haves

• Accounting designation an asset
• Experience supporting technology portfolios, e.g. cloud, infrastructure, software, digital platforms an asset
• Familiarity with financial governance, savings tracking, or value realization frameworks an asset

Responsibilities

• Build, maintain, and enhance complex financial and economic models (ROI, TCO, NPV, scenario / sensitivity analysis, forecasts and budgets) to support technology investment decisions and transformation initiatives
• Perform detailed cost, productivity and benefits analysis and drive reporting within Run-the-Bank (RTB) and Change-the-Bank (CTB) categories
• Translate key business drivers and incorporate into financial frameworks into granular, data driven models with clear assumptions, traceability and auditability
• Analyze global technology spend, forecasts and budget and various portfolios to identify opportunities, trade-offs, options and key financial insights
• Support portfolio optimization through what-if modeling, scenario planning, and comparative analysis across business units and domains
• Partner with Finance, Technology, Procurement, and Strategic teams to ensure alignment of financial assumptions and classifications
• Produce executive-ready analyses, dashboards, and presentations grounded in underlying financial models and reconciled source data for CIO, leadership and governance forums
• Consolidate inputs from multiple stakeholders into coherent, accurate financial views with emphasis on traceability and auditability
• Create and deliver clear presentation packages that explain complex financial and economic concepts to senior stakeholders
• Understand and apply the Bank’s risk appetite, internal controls, and compliance requirements in day-to-day activities
• Champion a culture of accuracy, discipline and continuous improvement
• Contribute to a high performing and inclusive work environment
• Actively 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
• Influence and coordinate cross-functional teams through strong analytical credibility and partnership, with or without formal reporting relationships
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge

Benefits

• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed