Director, Financial Planning & Analysis

Requisition ID: 211748

Tangerine is Canada's leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It's important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

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

• Develop and sustain strategic relationships with key business line stakeholders, to enable them to deliver on the business line strategic goals effectively and efficiently, providing value-added analysis and insights
• Develop and measure performance on financial components of the annual planning process and quarterly forecasting, and 5-year outlook
• Provide financial KPIs to support Bank strategic goals / Objective & Key Results (OKR)
• Lead and oversee Tangerine's expense management process and policies, including planning, forecasting, variance analysis. Ensure expense management discipline and alignment to Bank expense policies
• Lead and oversee the financial governance framework for Tangerine's Project Portfolio, including projects executed with fixed capacity.
• Business case review - provide effective challenge, value-add analysis, and recommendations on Tangerine's investments, identifying opportunities for savings and driving effective expense management for business case and project spending across the Bank. Ensure benefits tracking commitments in place and reasonable
• Support and collaborate with business lines (Product, IT, Marketing, Service and Sales, Operations), by providing value-added insights and transparency, including regular monthly product segment P&L reporting Analyze report output and make strategic recommendations to the business lines about opportunities to drive revenue, reduce costs or both.
• Report monthly and quarterly results to BNS, including variance analysis. Work closely with the Canadian Banking Finance team on financial results (on management accounting basis) and outlook for Tangerine, including monthly / quarterly management reports (MMR / QMR), quarterly blue book
• Lead the production of regular management reporting, on regular and ad hoc basis, including monthly Performance reports, Management team meetings, Board meetings. Lead design and ongoing improvement of management reporting to ensure content, depth and accuracy meet key stakeholder needs. Ensure the integrity and accuracy of data sources
• Provide ad hoc information / analysis to Investor Relations as needed
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.
• Other ad hoc analysis as required

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

• Accounting designation / MBA / university degree in Accounting, Finance or similar discipline
• 7 - 10 years of relevant experience in a financial area, including 3+ years in a leadership role
• Strong knowledge of banking industry products/services
• Strong analytical, problem-solving and organizational skills with the perspective of continually seeking opportunities for improvement
• Strong communication skills with the ability to present financial information clearly to various stakeholders.
• Ability to distill large amounts of information into compelling, transparent and insightful reporting
• Strong data analysis and visualization skills and knowledge (Excel, PowerPoint)
• Strong interpersonal skills, ability to communicate appropriately with senior Bank executives
• Strong financial modelling and analytics capabilities
• Demonstrated ability to engage and inspire a team, lead change and coach for performance and development
• Ability to work independently and manage multiple tasks and set priorities and meet deadlines

Location(s): Canada : Ontario : Toronto

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.