Manager, Payables & Receivables, Global Transaction Banking - Toronto, ON

Requisition ID: 245555
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Transaction Banking

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

As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB's comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and 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
The Manager, Payables & Receivables contributes to the success of Business Payment Products in Canada by ensuring the effective execution of individual goals, plans, and initiatives aligned with the team's business strategies and objectives. This role ensures all activities comply with governing regulations, internal policies, and procedures.

What You'll Do:

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank capabilities.
• Oversee a suite of payment products to drive revenue growth and customer satisfaction by:
  • Collaborating with Technology, Sales, and AML/Risk teams to define and communicate product vision.
  • Monitoring product performance, resolving issues promptly, and providing updates to stakeholders.
  • Owning end-to-end process maps and ensuring accountability across stakeholders.
  • Identifying product gaps based on customer needs, competitive offerings, and market trends.
  • Managing product marketing and communications for customers and internal teams.
  • Acting as a subject matter expert and providing thought leadership.
• Review financials, KPIs, and market trends to:
  • Identify product opportunities and challenges.
  • Own the product P&L and recommend business objectives based on data insights.
  • Collaborate with pricing and operations teams to optimize revenue and efficiency.
  • Maintain a robust market intelligence program, including competitive analysis and stakeholder engagement.
  • Validate special pricing requests and RFP opportunities.
• Lead the delivery of approved projects by:
  • Overseeing design and implementation of new digital payment products and features.
  • Operating within Agile frameworks for digital initiatives and waterfall methodologies as required.
  • Developing business cases from concept through executive approval.
  • Engaging and influencing stakeholders to manage prioritization and change delivery.
  • Preparing timely updates, reports, and presentations for executives and partners.
  • Driving project milestones with urgency and challenging the status quo to improve product profitability.
• Ensure adherence to the Bank's risk appetite and risk culture in all decisions.
• Maintain strong business controls to meet operational, compliance, AML/ATF, sanctions, and conduct risk obligations.
• Foster a high-performance environment and contribute to an inclusive, collaborative workplace.

What You'll Bring:

• Self-starter with confidence and initiative; able to manage evolving priorities while identifying new opportunities.
• Excellent communication, interpersonal, and strategic negotiation skills.
• Familiarity with payments, industry trends, innovative digital platforms, and related policies and procedures.
• Deep understanding of product/service lifecycle and management principles.
• Positive attitude and confidence to drive team priorities and influence outcomes.
• Knowledge of the Bank's application systems and their interdependencies.
• Experience working in an Agile environment.
• University degree in business, economics, or technology; MBA considered an asset.

#LI-Onsite #GTB2025

Interested?

If your experience is closely related but doesn't align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!

At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.

What's in it for you?

Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

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.