Director, Product Manager, Global Business Payments

 

 

 

Requisition ID: 191945

 Salary Range: 174,700.00 - 286,000.00 

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.

 

Position:   Director, Product Manager, US GBP Deposits – New York, NY 

Global Banking and Markets 

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world. 

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.  

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!  We work together to drive ambition for every future! 

Purpose: Leads and oversees Business Deposit Products in United States ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.

What You’ll Do 

• Lead the delivery of approved projects:
  • Direct product development and management, based on GBP’s product governance processes, to ensure competitive and comprehensive products. This may include proof-of-concept initiatives, product pilots and rollouts and developing Product Master Plans for Deposits.
  • Review, evaluate, and lead the development of strategic proposals and business cases that contribute to GBP’s and local country business deposit strategies and objectives. 
  • Overseeing the design and implementation of new digital deposit products or features
  • Performing in an Agile project setting for digital products, and waterfall as required
  • Strategic engagement and influencing of stakeholders to manage prioritization and change delivery
  • Ensuring requirements are agreed by partners and driven by customer feedback and data
  • Preparing timely status updates, reports, and presentations to executives and partners
  • Keeping projects moving with a sense of urgency by actively participating in the project team, sprint reviews, and driving milestones
  • Operating with curiosity to challenge the status quo to improve the product P&L 
• Oversee a suite of products to drive revenue growth and customer satisfaction by:
  • Collaborating with GBP and GBM business units to develop and communicate a vision and strategy to guide the future growth of the business deposit portfolio across diverse markets. 
  • Collaborating with the Technology, Sales, Operations and AML/Risk teams to understand and articulate the product vision, including the customer impacts, business/stakeholder value, system dependencies and technological processes, both internal and external
  • Identifying and evaluating market- and segment-specific opportunities, potential new products/product enhancements, sales strategies, and market positioning options, including pricing, with guidance from local market and Director of Portfolio Management and Director of Strategic Pricing GBP. 
  • Influencing and collaborating with GBP & GBM senior management, and other Bank business partners (Group Treasury, Finance, etc.) to influence and gain support for the execution and implementation of deposit product plans, based on available resources, product expertise, and assistance required within each segment or region. 
  • Ensuring products are performing as expected and resolving issues that arise in a timely manner with updates to partners and escalations to management as required
  • Owning the end-to-end process map for products and ensuring accountable stakeholders are operating to the agreed responsibilities
  • Determining where product gaps may exist with respect to customer needs, competitive offerings, and trends
  • Understanding the voice of the customer and front-line staff to improve product quality
  • Overseeing the product marketing and comm