Purpose Canadian Banking Finance is a divisional finance function providing financial management and analytical support to Canadian Banking Executive Management and to the Business Line Management in Retail Banking, Small Business, Automotive Lending, Commercial Banking and Tangerine.ResponsibilitiesSupport the delivery of forecasts and profit plans, including quarterly forecasts, pre‑quarter estimates, weekly/daily updates, stress testing, 5‑year strategic plan and annual profit plan, including heavy lifting with the ZBB exercise to support the RESL Business Line.Ensure timely collection of data and actuals reporting to support forecasting.Review assumptions and complete analysis to ensure accuracy and completeness of deliverables and understand the impacts to relevant performance metrics of the business.Coordinate and communicate deliverables within the Business Line and Finance.Collaborate with the Business to prepare meaningful commentary on submitted forecasts and plans.Respond to inquiries from business line partners, finance and other key stakeholders.Monthly and quarterly financial reporting and analysis.Support Senior Manager with analysis of RESL's portfolio/balance sheet, NII, NIM, PCL, expenses and key performance metrics.Identify main drivers of interest profit and expenses at the business unit and product levels and provide meaningful and relevant analysis to communicate headwinds, opportunities and proactively manage the P&L.Portfolio management, balance sheet and profitability analysis.Analyze the Canadian Banking and RESL balance sheet including portfolio churn, net interest income, net interest margin and PCL; identify main drivers of interest profit at the individual product level; provide meaningful and relevant analysis.Develop strong fundamental knowledge about Matched Maturity Funds Transfer Pricing (MMFTP) and assess continued suitability in relation to net interest margin analysis.Financial oversight and governance.Strengthen existing governance and oversight by performing detailed monthly reasonability review of financial results.Proactively identify control weaknesses across business and reporting processes, including source systems, and implement additional controls to address and minimize risks of financial misstatement.Maintain an effective system of internal controls over the planning, forecasting and reporting processes and ensure that any SOX controls are addressed.Expense and FTE management for SMA, HFS and MOSE business units.Subject matter expert and relationship manager for the SMA, HFS and MOSE businesses.Key focus on forecasting as well as tracking and reporting of expenses and staffing against budget/plan.Analyze expense results and forecasts and explain the drivers behind the variances and impact to overall results.Perform value‑add deep‑dives and ad‑hoc analysis to provide insights into the expense drivers and results and participate in the resolution of issues resulting from analysis.Provide oversight and governance for variable compensation payments.Expert user of financial reporting, planning and forecasting systems and tools, including Anaplan, Hyperion and EGL/OBI/Smartview.Strategic projects and analysis – support Director with other strategic financial analysis and projects including revenue opportunities, strategic transactions, new product/program offerings, amongst many other initiatives.Business partnership – foster partnerships within the RESL Business Line and provide financial analysis support and insights as required across the business and channel partners.Process improvement – leverage digital solutions to seek ways to enhance the profit planning and forecasting processes which can include streamlining of operational processes, enhancement to analytical capabilities, reduction in operational risk, and resolving issues related to data inconsistency among the various systems and processes.Documentation – create detailed job‑aids, training materials, desktop procedures and documentation of the current reporting and forecasting processes.QualificationsMBA, CFA, or CPA preferred.Minimum 3 to 5 years of relevant experience.Solid understanding of financial and management reporting principles.Understanding of portfolio management and drivers of Net Interest Income (NII) and Net Interest Margin (NIM) including product pricing/yields, funds transfer pricing methodologies and balance sheet mix and capital management concepts essential.Strong problem‑solving, quantitative and analytical skills; attention to detail; ability to analyze business results and identify issues and trends.Strong data management and modelling skills; ability to build financial models and dashboards.Excellent communication skills; ability to communicate findings/analysis and present ideas in a clear and concise manner.Ability to multi‑task, work independently and deliver high‑quality results under very tight deadlines; continuously assess priorities and business requirements and balance between regular deliverables and priority executive requests.Superior understanding of effective control over integrity and completeness of financial reporting.Demonstrated leadership skills and stewardship capabilities in a complex and changing environment.Advanced user proficiency with Microsoft Excel, Word, PowerPoint, Access, OBI, Anaplan, Hyperion and other analytical tools.Understanding of banking financial statements, cost drivers within Canadian Banking including retail lending and/or mortgage products essential.Knowledge of the bank’s source and reporting systems an asset.BenefitsChampion a high‑performance environment and contribute to an inclusive work environment.The opportunity to join a forward‑thinking organization where you are surrounded by a collaborative team of innovative thinkers.A competitive compensation and comprehensive benefits plan.An organization committed to making a difference in our communities – for you and our customers.Recognition and rewards for high performance; support from leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.Location(s): Canada – Ontario – TorontoWe 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, alternative format documents, ASL interpreter, or assistive technology) during the recruitment and selection process, please let our recruitment team know.#J-18808-Ljbffr