director, accounting and financial control
Title posted on CareerBeacon -
Director, Product Finance, Tangerine
Posted on
October 26, 2024
by
Employer details
Scotiabank
Job details
Requisition ID: 206693 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. The Director contributes to the overall success of the Canadian Banking Finance, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. The Director, Product Finance will lead a small, high-impact team and report to CFO of Tangerine. A key purpose of the role will support strong rigor around Tangerine business line financials with direct accountability for business line results and forecasting for a $50Bn product portfolio and supporting over $1Bn in revenue. This team will take a business line focused approach and work closely with and complement the existing Financial Planning & Analysis (FP&A) team within Tangerine. The Director will own all matters related to treasury, including distribution of product funds transfer pricing (FTP) rates from treasury to the business lines in order to support timely, comprehensive and robust pricing decisions, including knowledge of key factors impacting these rates. The Director will also support deep dives or additional requests into treasury-related, business lines or product questions as required and act as an advocate for Tangerine to ensure accurate value is being ascribed to all assets & deposits. As a member of the Tangerine Finance leadership team, this Director will also support ad hoc projects, as well general support around the implementation of Tangerine Finance's technology roadmap where it pertains to this team. The Director will work directly with and support the Tangerine Executive Leadership Team and key stakeholders across both Tangerine and Canadian Banking Finance. This individual will also present relevant financial updates to the Tangerine Board of Directors as required. Is this role right for you? In this role you, will Actively lead and drive a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Actively work with Scotiabank Treasury, ensuring all relevant business updates are being communicated, particularly where there are potential implications to bank funding. Stay up-to-date on potential changes to FTP, market rates and macro conditions, ensuring rates received are accurate and in-line with any changes and observations within product portfolios. Lead all matters related to treasury, including distribution of product funds transfer pricing (FTP) rates from treasury to the business lines in order to support timely, comprehensive and robust pricing decisions, including knowledge of key factors impacting these rates. Lead deep dives or additional requests into treasury-related items and act as an advocate for Tangerine to ensure accurate value is being ascribed to all assets & deposits. Provide relevant financial updates to both Tangerine and Scotiabank senior executives and the Tangerine Board of Directors as required. Accountability for all business lines financial models to ensure latest business line inputs and economic assumptions are being used to derive the most accurate and up-to-date forecasts as possible. All models are reviewed and refined on a regular basis (e.g. quarterly) in partnership with the business lines Recommend pricing and other relevant recommendations in order to maximize shareholder value and build long-term sustainable competitive advantages within Tang
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LocationToronto, ON
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Workplace information
On site
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SalaryNot available
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Terms of employment
Permanent employmentFull time
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Starts as soon as possible
- vacancies
1 vacancy
- Source
CareerBeacon
#2110845
Advertised until
2024-11-24
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