Director, Enterprise Strategy - Global Banking & Markets

Requisition ID: 273705

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

Purpose

The Scotiabank Strategy group is a central team focused on shaping the Bank’s strategic agenda, considering both enterprise-wide and business / function-specific strategic questions and opportunities.

Reporting to the Vice President, Enterprise Strategy, the Director, Enterprise Strategy is a key representative for GBM at the Enterprise Strategy level. GBM encompasses Corporate and Investment Banking and Global Markets, offering clients a range of financial services including lending, transaction services, investment banking advice, and access to capital markets. The Director plays a critical role in supporting the contextualization of GBM strategy within the context of the Bank’s overall strategic framework. The Director also works closely with GBM leadership, Enterprise Strategy partners, and Corporate Functions to deliver strategic insights and, support strategic planning and execution as needed across GBM. The role focuses on shaping strategic direction, translating strategic direction into actionable initiatives, providing analytical rigor, and ensuring strategies are practical, measurable, and executable.

The incumbent combines strong strategy development capabilities and experience in a top-tier strategy consulting or corporate strategy environment with either experience in Corporate & Investment Banking, Capital Markets, and/or related businesses, or a demonstrated ability to rapidly build domain expertise in complex industries. The successful candidate will be expected to quickly develop a deep understanding of GBM businesses, products, clients, and market dynamics and engage credibly with senior business leaders on strategic priorities.

Is this role right for you? In this role, you will be involved in:

Strategy Development & Planning Support

• Support the development and refresh of GBM strategy in alignment with the Bank’s enterprise strategy, helping to “connect the dots” across business lines and corporate functions.
• Lead discrete strategic workstreams and targeted deep dives across GBM strategic priorities, including growth, profitability, client experience, and operating model initiatives.
• Identify, assess, and evaluate strategic opportunities and issues specific to GBM, including implications of market trends, competitive dynamics, regulatory developments, and emerging risks.
• Support the annual GBM strategic planning process, including preparation of analysis and materials for Executive Management and the Board, ensuring alignment with enterprise processes and requirements.
• Provide structured analytical support and strategic recommendations to senior leaders, under the guidance of the VP.

Strategy Execution, Monitoring & Insights

• Design and oversee execution roadmaps for GBM strategic initiatives, working closely with cross-functional partners to ensure alignment, momentum, and delivery against milestones.
• Design strategic KPIs and tracking mechanisms to monitor progress against GBM strategic objectives.
• Conduct benchmarking and competitive analysis against local and global peers to identify performance gaps, opportunities, and emerging best practices.
• Monitor execution risks, dependencies, and trade-offs, and escalate issues with clear options and recommendations.
• Support periodic assessments of GBM’s strategic positioning, operating model, and performance outcomes.

Thought Leadership & Strategic Advisory

• Act as a thought partner to GBM and enterprise leaders by providing effective challenge, fresh perspectives, and fact-based insights on strategic priorities and must win initiatives.

• Facilitate strategic discussions with business leaders, challenge assumptions where appropriate, and drive alignment on priorities and investment decisions.
• Synthesize complex analysis into clear, compelling stories and recommendations tailored to executive audiences.
• Operate as a strategy advisor to GBM leadership, applying a structured problem solving approach, hypothesis-driven analysis, and executive-level communication to complex business challenges.
• Contribute to the preparation and facilitation of GBM and enterprise strategy offsites, planning sessions, and leadership workshops.
• Stay current on global capital markets, investment banking trends, and broader financial services developments to inform strategic thinking.

Stakeholder Management & Collaboration

• Establish credibility with senior GBM executives by combining structured problem solving, data-driven analysis, commercial insight, and an understanding of client, market, and competitive dynamics.
• Build strong working relationships with GBM leadership, enterprise strategy colleagues, and partners across finance, risk, technology, and other corporate functions.
• Bridge silos and enable alignment across teams to support execution of GBM priorities.
• Act as a trusted partner to senior executives, helping them clarify priorities and translate strategy into execution.

Team Leadership, Culture & Risk

• Lead and mentor junior strategy resources and contribute to building a high-performing, inclusive strategy team.
• Support talent development through coaching, feedback, and knowledge sharing.
• Perform all activities in accordance with the Bank’s risk culture, risk appetite, and control environment.
• Ensure strategy work incorporates appropriate consideration of financial, operational, regulatory, and conduct risks.
• Foster a customer-focused mindset by embedding client impact and outcomes into strategic analysis and recommendations.

Dimensions

• Leads multiple complex strategy workstreams with cross-functional teams across GBM and the broader Bank.
• Exercises independent judgment within defined scope on high impact initiatives; escalates key decisions and trade-offs appropriately.
• Regular interaction with senior leaders (SVPs, EVPs) within GBM and enterprise functions, with less frequent direct exposure to Group Heads and Board-level forums.
• Operates in a highly collaborative environment requiring strong influencing skills without direct authority.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have the following:

• University degree in Business, Finance, Economics, or a related discipline; MBA or equivalent post graduate degree strongly preferred.
• Typically 7–12 years of relevant experience, including strategy roles within financial services and/or top-tier management consulting.
• Solid working knowledge of Global Banking and Markets, Capital Markets, and Investment Banking businesses and products.
• Demonstrated experience leading complex, cross-functional strategy or transformation initiatives

• Exceptional structured problem-solving, critical thinking, and quantitative analytical capabilities

• Ability to synthesize complex information into clear, compelling recommendations for executive audiences.
• Proven ability to communicate complex ideas clearly and concisely to senior audiences.Demonstrated success building credibility quickly with senior business leaders and navigating highly matrixed organizations.
• Collaborative leadership style with experience developing high potential talent.
• Strong interpersonal, written, and verbal communication skills.
• Proficiency in MS Word, Excel, and PowerPoint.
• Proficiency in French and/or Spanish is an asset.

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.