Director, Money Movement Products - Retail Payments, Canadian Banking
Scotiabank
Requisition ID: 240891
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Director, Money Movement Products - Retail Payments, Canadian Banking
Leads and oversees Debit and Money Movement Products in Canada ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures.
Is this role right for you? In this role, you will:
- Define and manage the evolution of the product strategy for debit, money movement products to deepen primacy.
- Lead product development and product management for the suite of products, solutions, services and features related to Interac Debit, Interac Flash, Interac Direct, Interac etransfer, Visa Debit, Visa Direct, account-based transfers, money in solutions, bill payments and emerging account-based payments solutions.
- Work closely with payment network and infrastructure partner and technology companies to deliver products and solutions.
- Develop a deep understanding of client usage drivers, performance and create a roadmap to drive transaction growth.
- Manage the P&L to grow and optimize the financial performance of the portfolio.
- Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Build a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and managing succession and development planning for the team.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Creates 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:
- 10+ years of experience in payments product strategy and product management
- Strong understanding of the payments, eCommerce, digital banking, and financial technology landscape
- Strong strategic thinking, leadership, analytical, communication skills
- Bachelor’s degree in business, engineering, and finance. MBA preferred
- Experience in management consulting / strategy roles desirable
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 at our downtown Toronto, ON, Canada office. Work in a standard office-based environment; non-standard hours may be required to meet business objectives. Limited travel required.
Location(s): Canada : Ontario : Toronto
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and 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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.