Senior Manager, US Liquidity Management Deposit Product Solutions, Global Transaction Banking

 

 

 

Requisition ID: 238937

 Salary Range: 117,400.00 - 224,700.00 

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

 

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

 

Senior Manager, US Liquidity Management Deposit Product Solutions, Global Transaction Banking (GTB) - New York, NY

 

Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Corporate and Commercial clients with industry leading treasury management solutions coupled with a best-in-class service model, making it easy for our clients to do business with us.

 

As our clients transform their operating models, expand globally and deploy digital capabilities their cash management needs are evolving. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline treasury processes, simplify payments, improve working capital performance, and mitigate financial risk.

 

At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

 

Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture.

 

Purpose:

Contributes to the overall success of Global Transaction Banking (GTB) in North America by ensuring specific individual goals, plans, initiatives are executed and delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

 

You will be responsible for supporting the development, establishment and growth of the suite of US-domiciled Liquidity Management Solutions product suite for the business banking customer segment with a focus towards Multi-national, Corporate and Commercial clients located across the USMCA corridor and globally. This includes: responsibility for establishing the new products and solutions, managing the products throughout their lifecycle, establishing seamless connectivity of the solution across different jurisdictions, ensuring compliance with the regulatory framework across the GTB’s geographic footprint, building a cohesive experience (internal and external) across different core banking and payment platforms, and supporting the growth of the P&L, growth in revenue and deposit balances in line with defined plans and goals.

 

Accountabilities:

Reporting to the Director, US Liquidity Management Deposit Product Solutions, your responsibilities will include,  but are not limited to, the following: 

 

• Product development support:
  • Define the requirements and establish the Liquidity Management – Deposit Solutions product suite (e.g. Pooling, Cash Concentration, Sweeping, Netting, Interest optimization, Virtual Accounts, etc.)
  • Manage the end-to-end product development lifecycle to develop, enhance and grow our offering
  • Conduct comprehensive analysis and evaluate market and industry trends to identify the ideal solution (vendor and/or internal), pricing strategies, client behavior etc.
  • Perform market research to understand the local needs (i.e. US specific) and cross jurisdictional requirements for the product suite and future enhancements
  • Execute on the product development roadmap with the Product team Directors, Product Managers, Commercialization and Go-To-Market (GTM) functions, Deposit Specialists and Sales
  • Assist in developing the product strategy and business plans to secure funding for new products / solutions, features and enhancements to existing products
  • Manage requirements, product changes throughout the development lifecycle and ensure adherence to risk & compliance guidelines

 

• Project Management and Stakeholder Management:
  • Support the team in managing stakeholder relationships to drive product development, including driving forward change with our Technology and Operations partners, in conjunction with our key stakeholders (incl.
  • Sales, Risk, AML, Compliance, Finance, Treasury, Deposit and Cash Management Products etc.)
  • Execute on defined initiatives and proje