Senior Manager, Savings Initiatives

Overview

Senior Manager, Savings Initiatives leads retail savings growth, innovation, and delivery in support of client primacy and deposit growth priorities.

• Lead Retail Savings initiatives across product growth, innovation, and delivery.
• Develop new Savings product business cases and business‑modeling to drive deposit growth and profitability.
• Monitor competitive environment, key market forces, and positioning for new Savings initiatives.
• Lead innovation for new Savings initiatives, enhancing product features and pricing to heighten acquisition, engagement, and retention.
• Define and track key KPIs on new Savings initiatives to meet the company’s deposit‑growth ambition.
• Collaborate with Retail Customer Growth, marketing, and channel partners to drive client primacy, grow deposits, and scale market share in priority markets.
• Develop go‑to‑market strategies, including offers, marketing tactics, and change management.
• Develop early‑month on‑book journey and engagement touchpoints throughout the customer lifecycle.
• Promote a continuous feedback cycle to evolve product innovation and tactics.
• Work closely with Analytics, Pricing, and Portfolio Management to develop Savings profit‑plan projections and assess product demand, market, and competitive factors.
• Collaborate with advanced analytic teams and external partners to develop best‑in‑class product features, pricing engine, and campaigns that drive significant growth in acquisition and retention.
• Actively pursue effective and efficient operations of the area in accordance with Scotiabank’s values, Code of Conduct, and Global Sales Principles, ensuring adequate operational and compliance controls.
• Champion high performance and contribute to an inclusive work environment.

• Post‑secondary education required; MBA or Master’s degree in Business Administration or Marketing preferred.
• Five years or more of relevant experience across retail financial products.
• Exceptional business planning, product roadmap design, strategy development, analytical, and execution skills.
• Excellent relationship management with demonstrated ability to collaborate across multiple stakeholders.
• Proven experience delivering complex initiatives on time and within budget.
• Advanced proficiency in Microsoft Excel.
• Strong financial acumen, analytical and market research skills.
• Thorough understanding of the business environment, competitive factors, and retail banking channels.
• Ability to integrate diverse sources of information into tactical recommendations and plans (product, channel, marketing, and customer).

• Opportunity to join a forward‑thinking organization with a collaborative team of creative thinkers.
• Competitive compensation and benefits package.
• Commitment to making a difference in communities for both clients and employees.
• Recognition and reward for high performance.
• Supportive leadership, meaningful development conversations, and internal training to support advancement.

This role is located in the downtown Toronto office. Non‑standard hours may be required to meet business objectives.

Toronto, Ontario, Canada