Vice President and Head, Chief Analytics Officer

Requisition ID: 222885

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


Purpose


Provides strategic direction, leadership and oversight for advanced analytics and data driven insight and decision making globally. Ensures business strategies, plans and initiatives are supported in compliance with governing regulations, internal policies and procedures.
The VP and Head, CAO is responsible to develop and implement an integrated strategy and delivery plan to embed analytics capabilities and enable growth for business lines and corporate functions, including:
Work with business leaders to adopt industry-leading analytics capabilities to improve quality, sophistication, and efficiency of models driving business value and client experience
Support connectivity of business strategy across regions and ensure consistency of analytics approach globally
Act as a trusted advisor for business leaders to uncover insights and opportunities for Scotiabank and its clients, leveraging advanced analytics and translating findings into strategic considerations
Collaborate within Customer Insights, Data Analytics (CIDA) and with business line Technology and business partners to accelerate the development and delivery of trusted, reusable data for management insights and advanced analytics

Accountabilities


Leads and drives a customer-focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge
Delivers effective analytics capability with clear business outcomes, including:
Builds strong and effective working relationships with key stakeholders to understand business objectives and success drivers, assess current state, and prioritize initiatives for strategic fit and business benefit
Identifies opportunities to infuse insights and capabilities into business leaders' strategies and operations based on emerging data, analytics, and technology trends
Acts as the subject matter expert to build capabilities and leverage the use of external benchmarking data points
Translates business strategies / objectives into analytics solutions that deliver value-added, customer-centric solutions, in partnership with CIDA, Technology and corporate functions
Partners within CIDA to implement effective operating model that integrates data and analytics processes across the team
Fosters and maintains collaborative relationships with key internal and external stakeholders to enable a culture that promote critical thinking and change leadership
Owns accountability for execution and delivery of agreed-upon business leaders analytics objectives to ensure committed benefits are realized, providing updates to key stakeholders and leaders on a regular basis
Champions and supports strategic initiatives that strengthen Scotiabank s global advanced analytics capabilities
Within the Bank s overall operating and risk management framework, establishes and oversees procedures and standards of execution for data, analytics, and technology to ensure compliance, ongoing business value and mitigation of business risks at the highest level of security, including:
Directs day-to-day activities in a manner consistent with the Bank s risk culture and the relevant risk appetite statement and limits
Communicates the Bank s risk culture and risk appetite statement throughout their teams
Ensures effective management and, where necessary, mitigation of material risk exposures; in particular, those that exceed or have the potential to exceed the approved risk appetite and/or risk appetite limits
Provides leadership in communicating risk appetite to help embed appropriate risk taking into the Bank s risk culture
Escalates breaches in risk appetite and material risk exposure in a timely manner
Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
Builds a high-performance environment and implements a people strategy that attracts, retains, develops, and motivates their team by fostering an inclusive work environment
Communicates vison/values/business strategy and manages succession and development planning for the team
Communicates and incorporates the relevant risk appetite statement and risk appetite measures, in alignment with the Bank s risk culture, into activities to:
Embed prudent risk taking into day-to-day management, planning and decision-making.
Implement controls and processes to effectively identify, report and monitor risk; and,
Ensure timely action is taken to effectively manage and mitigate risks, including prompt escalation of breaches of management limits or risk appetite measures as per established processes.
Creates an environment in which his/her team pursues effective and efficient operations of his/her 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.

Education / Experience / Other Information


Bachelor s or Master s degree in Data Science, Computer Science or related field
Minimum 10 years experience in corporate executive roles including analytics, and / or business development and partnerships, preferably in financial services
Expertise in data modeling, machine learning, AI and advanced analytics tools
Strong business acumen and ability to translate analytics into business insights
Demonstrated success building and leading large, distributed teams in a matrixed and complex environment
Ability to collaborate with others and foster/maintain productive relationships with both internal and external stakeholders
Superlative communication skills and storytelling ability; able to inspire across the organization with both the vision and potential that analytics and innovation must transform our business
Inspirational leader ability to inspire across the organization with both the vision and potential that analytics must transform our business
Thorough knowledge of current and emerging digital user and customer experience trends

Working Conditions


Work in a standard office-based environment; non-standard hours are a common occurrence.
Regular travel globally.

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. 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. Read more