Portfolio Analyst

Requisition ID: 279392

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

The role:

The Portfolio Analyst is the central analytical, financial, reporting, and governance resource for an assigned CIO portfolio. Reporting to the Director, Portfolio Management, the role provides a single, reliable portfolio view across investment, delivery, financial performance, capacity, risk, dependencies, and outcomes. The Portfolio Analyst consolidates and challenges information from Delivery Managers and portfolio partners, identifies trends and exceptions, and turns data into clear insights and recommendations for portfolio leadership and governance forums. The Portfolio Analyst sets portfolio-level standards, aggregates and validates information, provides constructive challenge, and enables timely decisions across the full portfolio.

What will you do?

Portfolio Financial Management

- Own the consolidated portfolio financial view, including approved budget, forecast, actuals, accruals, capitalization, vendor spend, resource costs, benefits, and material variances.

- Partner with Delivery Managers and Finance to validate monthly forecasts and accruals, challenge assumptions, resolve discrepancies, and improve forecast accuracy.

- Provide forward-looking analysis of run rate, funding pressures, under-spend, over-spend, and trade-offs, with clear recommendations and escalation where required.

- Standardize portfolio financial routines, templates, calendars, and controls while ensuring Delivery Managers retain accountability for the financial performance of their initiatives.

- Support annual planning, in-year reforecasting, investment submissions, and portfolio rebalancing with accurate analysis and concise decision materials.

Portfolio Performance, Insights & Decision Support

- Analyze portfolio performance and trends; investigate material variances, emerging risks, and cross-initiative impacts; provide actionable recommendations to the Portfolio Lead and CIO leadership.

- Create portfolio dashboards, scorecards, and executive-ready narratives that distinguish facts, trends, risks, decisions, and required actions.

- Run scenario and impact analysis to support sequencing, prioritization, rebalancing, investment, and capacity decisions.

- Maintain clear data definitions, source traceability, and quality controls so portfolio reporting is consistent, repeatable, and audit-ready.

Governance, Risk & Controls

- Coordinate portfolio governance for Director, Vice President, CIO, and enterprise forums, including agendas, decision requests, materials, actions, and follow-through.

- Assess portfolio-level risks, issues, dependencies, and control gaps; verify ownership and due dates; escalate material concerns with options and recommended action.

- Support compliance with the Enterprise Delivery Framework, funding and financial controls, audit requirements, and applicable risk policies.

- Maintain a portfolio decision log and ensure approved changes to scope, funding, outcomes, sequencing, or timelines are reflected across systems and reporting.

- Coordinate timely responses to audit, regulatory, finance, and senior-management requests, with complete supporting evidence.

Capacity, Demand & Integrated Planning

- Maintain an integrated view of portfolio demand, capacity, key roles, vacancies, vendors, and material resource constraints.

- Work with Delivery Managers to identify cross-project dependencies, resource conflicts, critical-path pressures, and sequencing options.

- Analyze portfolio intake and change demand against strategy, funding, capacity, risk, and expected outcomes.

- Support quarterly and annual portfolio planning by connecting investment decisions to delivery capacity and measurable results.

Data, Tools & Continuous Improvement

- Improve the efficiency and quality of portfolio reporting through standardization, automation, and better use of data and tools.

- Develop and maintain advanced Excel models and portfolio dashboards using Power BI or equivalent tools; use PPM, Jira, Confluence, and other approved sources as applicable.

- Reconcile information across financial, workforce, delivery, and portfolio systems and resolve data-quality issues at source.

- Reduce low-value manual reporting and duplicate controls while preserving appropriate challenge, traceability, and segregation of duties.

- Contribute to enterprise portfolio-management standards, communities of practice, and reusable analytical methods.

Stakeholder Partnership

- Build effective relationships with the CIO, Portfolio Lead, Delivery Managers, Finance, workforce partners, Technology, Business, Risk, and enterprise governance teams.

- Act as a trusted analytical partner who can respectfully challenge assumptions, clarify accountability, and improve the quality of decisions.

- Communicate complex portfolio information in plain language tailored to executives, delivery leaders, and working teams.

- Contribute to an inclusive, accountable, and high-performing culture consistent with Scotiabank’s Values and Code of Conduct.

Controls, Risk & Culture

- Support adherence to Enterprise Delivery Frameworks, governance standards, and audit requirements

- Understand and apply the Bank’s risk appetite and risk culture in day‑to‑day delivery activities

- Promote Scotiabank’s Values, Code of Conduct, and operational risk expectations

Role Dimensions

- Portfolio-wide scope across technology and change initiatives, including cross-functional and multi-region delivery.

- Consolidated oversight of portfolio investment, financial performance, capacity, dependencies, outcomes, risk, and governance.

- Works across multiple delivery methods, including Agile, hybrid, and waterfall.

- No direct reports; expected to influence through analysis, standards, constructive challenge, and stakeholder partnership.

- Adherence to enterprise governance, audit, and regulatory controls

What do you need to succeed?

- Bachelor’s degree in Business, Finance, Economics, Technology, Data/Analytics, or a related discipline, or equivalent practical experience.

- 5–7 years of relevant experience in portfolio analysis, portfolio management, financial analysis, program controls, business management, or delivery analytics within a large, complex organization; financial-services experience is preferred.

- Demonstrated experience consolidating and analyzing financial and delivery information across multiple initiatives, with strong knowledge of budgets, forecasts, accruals, actuals, variances, and resource costs.

- Advanced Excel capability, including complex models, reconciliations, scenario analysis, and data-quality controls; strong PowerPoint skills and experience producing executive-ready materials.

- Experience with Power BI or equivalent visualization tools. Working knowledge of PPM tools, Jira, Confluence, and financial or workforce systems is an asset.

- Strong analytical judgment and data storytelling skills, with the ability to translate complex information into clear insights, recommendations, and decisions.

- Ability to work independently, manage recurring monthly and quarterly cycles, and prioritize urgent requests without losing control of core deliverables.

- Strong communication, relationship, and influencing skills, including the confidence to challenge assumptions and escalate concerns constructively.

- Knowledge of portfolio governance, technology delivery, enterprise risk and controls, and audit-ready documentation.

- PMP, CFA, CPA, CBAP, Power BI, or equivalent portfolio, finance, data, or delivery certification is an asset, not a requirement.

What's in it for you?

- We have an inclusive and collaborative working environment that encourages creativity and curiosity and celebrates success

- We provide you with the tools and technology needed to create meaningful customer experiences

- You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world

- We hire you for your talent — not just a job — so you can grow with us. We’ll equip you for success not only in your role, but also in your career as a whole

- Dress codes don't apply here: being comfortable does

- Access to thousands of online and in-person courses so you can hone your current skills, or learn new ones

- A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision, and dental and much more

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.