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Product Owner, Digital, Data, Analytics – Toronto, ON


This is a Contract position in Toronto, ON posted November 2, 2020.




Requisition ID: 91356


Join the Global Community of Scotiabankers to help customers become better off.



Pease note speaking fluency in English and Spanish is required in this role. 




The Product Owner – Digital, Data, Analytics is accountable for working with cross-functional development teams and business stakeholders globally to define and implement business strategies, product roadmaps, service offerings and new features.


The Product Owner contributes to the long-term profitability of the International Wealth Management (IWM) business line by establishing performance goals and work practices which drive the design and development of high-quality digital product and user experiences for IWM.

This is a demanding hands-on and strategic role which requires the incumbent to be knowledgeable of the financial services sector, emerging digital trends in the Wealth Management industry, and has deep experience in collaboration with international teams, especially Pacific Alliance, Central America & Caribbean regions.

This role will be specifically focused on acceleration of IWM’s digital, data, analytics transformation.

Experience in product ownership/business & technical analysis is mandatory for this role.




Enable IWM key initiatives

Collaborate with head office and in-country business partners to collect and analyze data and market research on client preferences and needs as input in identifying potential markets and factors affecting product demand and to assist in driving the product roadmap and backlog prioritization.  Leverage best practices and collaborate with Canadian Wealth Management.

  • Manage communications and status reporting of ongoing initiatives, including summarizing project risks and options and facilitating prompt decisions when needed.
  • Support the definition of the overall Wealth Management product strategy and technology roadmap to drive P&L goals for specific Wealth Management capabilities.
  • Independently resolve highly complex, multi-faceted problems, which are often unstructured and without precedent to meet the business needs of the end users.
  • Work with Program Delivery team to formulate costs and funding requests, proposals. 
  • Lead teams to focus on business value & impact, client-centric model.  Must have holistic digital, data, analytics, end-to-end, consideration at all times.


Identify opportunities & champion ongoing best-in-class business transformation/ innovation

  • Define, lead and execute a cohesive digital transformation strategy designed to limit technological debt and to effectively manage transition from segregated platforms to global platforms adoption, while modernizing technology stacks & digitalization workflows.  Work closely with in-country leads and partners to effect execution quality and success.
  • Maintain an understanding of financial services markets, the competitive landscape and digital transformation trends relative to the Wealth Management sector and client/user needs and requirements.
  • Continually acquire and enhance knowledge of both the Bank’s and the Division’s business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing technology to be able to provide effective business solutions, services and support to the end user business lines.
  • Work with partners on tech architecture reviews (ARB), ensure solutions are globally aligned (build-once, multiple re-use).  Escalate on any misalignment or act as advocate on why in-country solution is mandatory.
  • Work with partners on business architecture, operating protocols, vendor management, technology adoption, contract negotiations.


Partner with GWM & in-country technology teams, GWM Operations and other internal stakeholders to enable solutions

  • Lead and drive a customer focused culture throughout the Product Owner team to influence a client-centered design culture and to deepen relationships with business stakeholders and leverage broader bank relationships, systems, processes and knowledge.
  • Lead solutions conceptualization, discovery, and execution with risks, strategic-to-tactical, velocity in mind.
  • Support Product Owners and business teams in defining product design, including feature set, beta testing methods and proof of concept / pilot strategies; defining workstreams, epics/stories, MVPs, etc. 
  • Engage with the engineering and design teams to help determine the best technical implementation methods as well as a reasonable implementation schedule to launch products on a regular basis.
  • Support Product Owners in working with internal partners including legal, Compliance and Audit, vendors, clients to understand end-to-end business processes and workflows as input to the design and delivery of software solutions that meet business and end user needs.
  • Run POCs and prototypes with various partner teams.
  • Build relationships across Bank to obtain insights of & leverage best practices, tools, platforms, operating models. Stay current with trends on wealth and respective customer & tech needs.
  • Identify opportunities & solutions for transformation needs in people, processes, technology.  Work close with in-country teams.
  • Work closely with business, operations, technology partners to define optimal solutions, define epics/stories, assign story points, prioritization of deliverables, creating vision.
  • Collaborate with various teams on business requirements for technical execution.


Core / Foundational

  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Create 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.
  • Contribute to a high-performance environment and motivates teams by fostering an inclusive work environment; communicating vison/values/business strategy and managing development planning for the team.


Education/Experience Requirements

  • Demonstrated success conceptualizing and delivering highly complex business initiatives related to digital, data, and analytics
  • Experience in leading and coaching teams, with track record of attracting and developing talent
  • Critical thinking skills: using logic and reasoning to evaluate alternative solutions, summarize conclusions and approaches to mitigate risks
  • Demonstrated ability to achieve strategic goals
  • Ability to develop strong working relationships with business and technology partners globally
  • Relevant working experience in the financial sector, Wealth Management experience an asset
  • Understanding of the regulatory environment and parameters impacting the design and delivery of products and services within the Wealth Management industry



Location(s):  Canada : Ontario : Toronto 

As Canada’s International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.


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.