Description
Requisition ID: 244173
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Team
The Global Risk and Treasury Technology team provides development and support services for Group Treasury (including Structural Interest Rate Risk management, Asset/Liability Management, Funds Transfer Pricing, Liquidity Risk, Stress Testing) and Global Risk Management (Global Retail/Corporate/Commercial Credit Risk, Counterparty Credit Risk, Operational/Non-Operational Risk Management).
The Role
The Senior Development Manager will lead technology initiatives for the Treasury portfolio, overseeing both in-house application development and integration of vendor software packages. This role requires strong leadership, technical expertise, and strategic vision to deliver robust, scalable, and compliant solutions that support the bank’s treasury operations, including liquidity management, risk management, regulatory reporting, and portfolio governance. The ideal candidate will have extensive experience working in large, complex financial services organizations, such as major Canadian banks, with a proven ability to navigate enterprise governance, regulatory compliance, and multi-stakeholder environments.
Is this role right for you? In this role, you will:
Leadership & Strategy
- Define and execute the technology roadmap for the Treasury portfolio in alignment with business objectives and enterprise architecture standards.
- Lead and mentor a team of developers, business analysts, and integration specialists.
- Foster a culture of innovation, collaboration, and continuous improvement.
Portfolio & Project Management
- Manage a multi-project portfolio covering in-house development, vendor integrations, and modernization initiatives.
- Prioritize projects based on business value, regulatory deadlines, and resource availability.
- Implement PMO best practices, including governance, risk tracking, and dependency management.
- Ensure delivery within scope, timeline, and budget while maintaining quality standards.
- Drive Agile and hybrid delivery models, ensuring transparency and stakeholder engagement.
Financial Management
- Own the technology budget for the Treasury portfolio, including forecasting, cost optimization, and vendor spend management.
- Track and report on capital and operating expenses, ensuring alignment with financial targets.
- Negotiate vendor contracts and manage licensing costs to maximize ROI.
- Provide financial insights to senior leadership for strategic decision-making.
- Application Development & Integration
- Oversee design, development, and deployment of in-house applications supporting treasury functions (e.g., cash management, FX, derivatives, collateral).
- Manage integration of vendor software packages (e.g., treasury management systems, risk engines) with internal platforms and data sources.
- Ensure seamless interoperability between systems through APIs, middleware, and secure data exchange.
Regulatory Reporting & Compliance
- Implement solutions that meet Basel III requirements, including Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) reporting.
- Ensure systems support IFRS 9, EMIR, MiFID II, and local regulatory mandates for treasury operations.
- Build capabilities for U.S. regulatory reporting, including FR 2052a (Complex Institution Liquidity Monitoring Report) for large banking organizations.
- Automate workflows for stress testing, scenario analysis, and capital adequacy reporting to comply with supervisory expectations.
- Maintain audit trails and data lineage for regulatory submissions to satisfy internal and external audit requirements.
Governance & Risk Management
- Ensure all solutions comply with global and local banking regulations, including AML, KYC, and data privacy laws.
- Implement robust change management and release processes to minimize operational risk.
- Technology & Innovation
- Stay current with emerging technologies, cloud adoption strategies, and best practices in treasury systems.
- Drive automation, performance optimization, and modernization initiatives.
Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:
Education:
Bachelor’s or master’s degree in computer science, Engineering, Finance, or related field.
Skills and Experience:
- 10+ years in software development and integration roles, with at least 5 years in a leadership capacity.
- Proven experience in large financial institutions, preferably major Canadian banks, with exposure to enterprise governance, regulatory compliance, and multi-line business environments.
- Strong background in portfolio management, project delivery, and financial governance.
- Hands-on experience with vendor systems (e.g., Murex, Calypso, Kyriba) and custom development.
- Exposure to regulatory reporting frameworks, including FR 2052a, Basel III, IFRS, EMIR, MiFID II.
- Technical Skills:
- Strong knowledge of Java/.NET, REST APIs, microservices architecture.
- Familiarity with cloud platforms (Azure, AWS) and DevOps practices.
- Understanding of treasury products, risk management, and regulatory frameworks.
Soft Skills:
- Excellent communication and stakeholder management skills.
- Strong problem-solving and decision-making abilities.
- Ability to manage multiple priorities in a fast-paced environment.
What’s in it for you?
- Opportunity to lead strategic technology initiatives in a critical banking domain.
- Collaborative environment with exposure to cutting-edge technologies and global treasury operations.
- Competitive compensation and benefits package.
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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.

