At a Glance
- Tasks: Lead pricing strategy development and optimize business performance in Retail Deposits and Investments.
- Company: Join Scotiabank, a leading bank in the Americas with a focus on diversity and inclusion.
- Benefits: Enjoy competitive rewards, flexible vacation, and professional development from day one.
- Other info: Collaborative environment with opportunities for community engagement and personal growth.
- Why this job: Make a real impact by driving innovative pricing strategies and enhancing client experiences.
- Qualifications: 5+ years in financial services, strong analytical skills, and a degree in finance or related field.
The predicted salary is between 94500 - 115500 $ per year.
The Senior Manager, Pricing Strategy and Optimization contributes to the overall success of Retail Deposits and Investments in Canada and supports the Director, Pricing, Portfolio Management and Advisor Deposit Services in leading and overseeing the team, ensuring business strategies, plans and initiatives are executed in compliance with governing regulations, internal policies and procedures.
In this role you will:
- Lead the development of pricing strategy recommendations using market intelligence, competitive activity, client behaviour, portfolio performance and funding objectives.
- Lead the Pricing meeting providing key insights on competitor offers, pricing recommendations and exception trends.
- Lead approved pricing changes across the Retail products and Advisor Deposit Services and cross-functional initiatives with analytics, technology, and product teams.
- Lead advanced portfolio, client and market analytics to identify growth opportunities, optimize pricing strategies and improve business performance.
- Monitor competitor activity, market developments and macroeconomic trends to identify opportunities, risks and implications for pricing and portfolio strategy.
- Partner with Analytics and Data teams to develop predictive models that improve pricing decisions, balance growth, retention and profitability.
- Lead testing and experimentation frameworks, including pricing pilots, A/B testing and controlled market rollouts.
- Identify and evaluate emerging technologies, including artificial intelligence and machine learning, to enhance pricing analytics, forecasting and decision-making capabilities.
- Support strategic planning, business case development and prioritization of future pricing, product and portfolio initiatives.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Create an environment in which their team pursues effective and efficient operations in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles.
- Ensure initiatives are supported by appropriate processes, controls, procedures, communications, training and performance reporting.
Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
- Bachelor’s degree / MBA preferred or product management experience.
- CFA designation would be beneficial.
- Ability to manage multiple priorities in order to achieve objectives combined with a high degree of financial knowledge and modeling.
- 5+ years of experience in the financial services industry.
- Good understanding/experience in GIC and Savings market, products and services and processes.
- Familiarity with financial modelling and technical skills.
What's in it for you?
- Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential.
- Accessibility and Workplace Accommodations - We value the unique skills and experiences each individual brings to the Bank.
- Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
- Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
- Community Engagement - we offer opportunities for community engagement & belonging with our various programs.
Location(s): Canada : Ontario : Toronto
Senior Manager, Pricing Strategy & Optimization in Toronto employer: Scotiabank
Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals seeking to excel in the financial services industry. With a strong focus on employee growth, you will have access to comprehensive training and development opportunities while working alongside senior leadership in a collaborative environment. Located in vibrant cities like Calgary and Vancouver, you will enjoy a dynamic work-life balance and the chance to make a meaningful impact on ultra-high net worth clients across Canada and internationally.
