May 9, 2024
    Toronto, Canada
    Job Type


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

    Global Transaction Banking 

    Global Transaction Banking (GTB) is the payments and transaction engine of Scotiabank. We support Small Business, Commercial and Corporate clients with effective treasury management solutions coupled with a best-in-class service model, making it easy for clients to do business with us.

    As businesses build their digital capabilities and transform their operating models, their payment needs are evolving too. Boasting a unique global footprint, GTB’s comprehensive suite of innovative banking solutions help our business clients generate operational efficiencies, streamline and simplify payments, improve working capital performance, and mitigate financial risk.

    At Scotiabank, we embrace your strengths, ideas, and ambitions. GTB is a fast-growing team with a focus on the Americas, particularly Canada, the U.S., Mexico, and we are seeking top tier talent to complement our organization.

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

    Leads and oversees the global definition and vision to deliver a unified experience for the Scotia TranXact platform.   This role will lead a team to strategize, assess, and prioritize digital propositions for clients and partners through Scotia TranXact. Manage and collaborate with Product Owners to establish execution priorities based on the platform’s global roadmap as well as support go-to-market activities.

    The Director, TranXact Global Product Owner, identifies capabilities, features, value proposition and potential risks for the TranXact vision, working with key stakeholders to produce high-quality business solutions, supporting business leaders in the overall development and implementation of strategies that shape meaningful change for our customer and the business.

    This position will oversee the overall health of the Global TranXact platform, including setting and managing expectations, ensuring that the team has the appropriate capacity and capability to deliver on customer promises. The Director role is the escalation point for unresolved impediments, and responsible for minimizing delivery risk across the value stream, and manages the overall system of work with an eye towards high feedback, and constant improvements

    What You’ll Do:

    • Define highly differentiated and commercially valuable propositions for Scotia TranXact by identifying new opportunities with internal product and business groups, and external partners
    • Provide oversight and governance to the bank’s International Banking (IB) groups to develop and deliver a unified transaction banking API experience for clients or partners across the banks footprint
    • Support the Partnerships team and the Treasury and Payment Solutions team to identify and prioritize new opportunities to grow Scotia TranXact
    • Develop Scotia TranXact’s platform roadmap, balancing the needs of customers, external partners, IB groups and clients
    • Act as the voice of the business in Scotia TranXact’s API design, priorities and objectives outlining the platforms vision and strategy, impact reporting and backlog
    • Manage and direct Agile team members (Product Owner, Engineers etc.) to deliver user journeys and enable Scotia TranXact’s APIs roll-out
    • 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.
    • Responsible for the overarching strategic vision, commercialization, and execution of services on the TranXact platform. Subject matter expert with a relentless pursuit to identify, define and build innovative solutions and experiences for API platform users
    • Understands and articulates the TranXact vision, including its requirements, value proposition, and key risks associated with opportunities/ ideas
    • Defines and manages the overall product backlog and provides support for the delivery of backlog items and the ongoing testing and refinement to optimize and enhance their value
    • Provides direction to a cross-functional team of members spanning operations, technology, and business. Work in a cross-functional agile environment with Design, Engineering, Analytics Teams as well as Business Stakeholders to create value and deliver a world-class customer experience
    • 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

    What You'll Bring:

    • Degree / post-graduate degree, preferably in business or marketing.
    • Adept at strategic planning including leading scoping activities and developing approaches for opportunity development and assessment
    • Hands on experience with real time, digital services as applicable to global corporate & commercial platforms either domestically or globally (e.g. US, UK, Asia, Europe)
    • Strong business analysis skills including financial opportunity assessments and client needs analysis
    • Previous roles in digital strategies, platform management, technical product management and development
    • Ability to design and navigate through conflicting priorities, turning ambiguity into clarity in a fast- changing environment
    • An Agile mindset with a focus on delivering business value
    • Spanish fluency is an asset

    Work Arrangement: 

    • Work in a hybrid, standard office-based environment; non-standard hours are a common occurrence.  Limited travel domestically and internationally across Scotiabank’s global footprint.


    If your experience is closely related but doesn’t align perfectly with every qualification, we do encourage you to apply - you might be the right candidate for this or other roles at Scotiabank!
    At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That’s why we work to grow and diversify talent and engage employees in a performance-oriented culture.

    What's in it for you? 
    Scotiabank wants you to be able to bring your best self to work – and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
    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.


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