Manager, Funds Transfer Pricing

Requisition ID: 276414

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

The Manager, Funds Transfer Pricing, supports the implementation and ongoing operation of the Bank’s matched maturity FTP platform, including BancWare/ QRM maintenance, controls, enhancements, and the application of approved methodologies. The role ensures timely and accurate monthly and quarter-end production cycles, implements process and methodology changes, and partners with Group Treasury, business lines, and Technology to automate calculations, strengthen controls, and enhance matched maturity reporting and margin analysis. The Manager also analyzes and forecasts Funding Centre Net Interest Income, helps resolve methodology and operational alignment issues across business lines, and provides ad hoc support for FTP reporting and related projects.

Is this role right for you? In this role you will:

- Manage the day-to-day operation of BancWare/QRM as the Bank’s matched maturity Funds Transfer Pricing (FTP) system. Partner with Group Treasury, Technology, Finance, and business-line stakeholders to translate FTP methodologies and business requirements into QRM configurations; ensure processes are in place to receive data and complete the monthly cycle; maintain system configurations; monitor data and processing quality; perform end-to-end and regression testing; investigate and resolve production issues and variances; coordinate system updates; maintain clear system, process, and control documentation; strengthen controls; produce outputs for downstream users; and continuously enhance QRM to support evolving FTP methodologies and business requirements;

- Support FTP methodology enhancements and implementation by working with Technology partners on user acceptance testing and conducting impact analyses; ensuring results are appropriately reflected in the FTP application; assessing the reasonableness of incoming and outgoing Enterprise General Ledger (EGL) feeds; and coordinating data receipt and delivery among stakeholders;

- Assess the completeness and accuracy of existing and new data elements and funds transfer pricing equations for various products and application systems. Work closely with Divisional Comptrollers, Product Groups, system developers, and other subject matter experts;

- Ensure that business-line reporting on a matched maturity basis within EGL is complete and accurate, and assist Business Line Finance units with research and analysis to understand matched maturity results;

- Prepare and distribute weekly and monthly funding rate and FTP rate forecast files;

- Prepare the Funding Centre’s monthly and quarterly reporting packages, perform Mismatch Centre Net Interest Income analysis, and provide support related to the Mismatch Centre;

- Manage the setup of the Margin Reporting and Analysis module to enable margin analysis at any level of the organization or product, including developing new reports to facilitate analysis at the product and business-unit levels;

- Manage multiple ongoing projects and initiatives related to FTP and broader interest-profit opportunities;

- Manage product FTP rate uploads and configuration in Anaplan, including validating input data, reviewing calculation results and system outputs, investigating variances, and ensuring rates are implemented accurately and on time in accordance with approved FTP methodologies and business requirements.

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:

- Strong understanding of financial and management accounting principles; working knowledge of net interest margin analysis; and, preferably, working knowledge of funds transfer pricing concepts and methodologies;

- Excellent analytical, conceptual, and problem-solving skills, with the ability to provide proactive insights and recommendations;

- Ability to effectively prioritize and handle multiple initiatives with varying degrees of urgency and differing deadlines;

- Working knowledge of the Enterprise General Ledger (EGL) accounting system and/or Oracle Business Intelligence (OBI) is preferred;

- Strong written and verbal communication and interpersonal skills, with the ability to build solid relationships with a variety of stakeholders, including peers, Divisional Comptrollers, executives, and external consultants;

- Strong computer literacy and data management skills; working knowledge of SQL, Power BI, VBA, and Python is preferred;

- Experience with or knowledge of BancWare/QRM is an asset, including system configuration, production support, testing, controls, and data validation;

- Strong attention to detail and organizational skills, with a conscientious, responsible, and accountable work ethic; demonstrates ownership, follows through on commitments, carefully validates work, and consistently delivers accurate results within required timelines;

- A university degree in business or finance is preferred;

- One to three years of experience in a financial institution;

- Excellent knowledge of the Bank's product offerings.

What’s in it for you?

- A rewarding career path with diverse opportunities for professional development

- An organization committed to making a difference in our communities — for you and our customers.

- A competitive rewards program that includes an annual bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.

- Diversity, Equity, Inclusion & Allyship — We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow, and participate through our various Employee Resource Groups (ERGs), which span diverse gender identities, ethnicities, races, ages, abilities, and veteran statuses.

- Accessibility and Workplace Accommodations — We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

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.