Director, Business Development, International - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 199528

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

What you will be doing:

The Director is responsible for increasing the reach and the capabilities of the Private Banking business across Scotiabank's international footprint.

The Director will lead and achieve strategic business objectives to grow International Private Banking's business by optimizing revenue potential, finding new trends, analyzing markets and competitors, identifying and prioritizing opportunities for current and potential new markets, creating business plans to take advantage of identified opportunities, and ensuring that these are timely and efficiently implemented.

A natural relationship builder, the incumbent will invest in developing and maintaining internal & external networks that reliably and effectively support the growth of the business.

Through the proactive recognition of new opportunities for the IPB business, the incumbent will drive the development of detailed business plans with senior leadership to achieve the strategic objectives of the area, fostering innovative and scalable solutions, while optimizing profitability, finding new sources of revenues, and ensuring the delivery of long-term sustained growth.

Oversees the design and development of strategies aimed to increase revenues, reduce costs, expand the IPB business, optimize resources, and ensure longterm profitability.
Leads the identification of new market opportunities and possibilities of expanding the business, and builds the strategic partnerships required to take advantage of those opportunities.
Proposes and develops internal and external strategic alliances to increase IPB capabilities and competitive advantage.
Oversees internal assessments of the cost structure of the IPB business across our international footprint, to identify costcutting opportunities, and optimize expenses.
Conducts market research, gathers client feedback, and collaborates with internal teams across our footprint to foster innovation. Gains insights into market trends, and competitive landscape. Analyzes data and gathers information to identify potential growth opportunities and understand the market dynamics.
Leads the strategic planning process, and sets ambitious goals based on new and identified growth opportunities. Develops metrics and kpi's to evaluate the success of the strategic plan, and tracks implementation against these indicators.
Leads research about new technologies on the Private Banking arena, assessing the potential impact of adopting and integrating those technologies into the growth strategy of the business.
Supports the implementation of the Private Banking Value Proposition and Wealth Lending strategies, coordinating with the accountable leaders in every jurisdiction that the initiatives are implemented in a scalable and efficient way.
Determines strategic objectives and goals for business development efforts. These include, but are not limited to, revenues, market expansion, customer acquisition, and products and services development objectives. Regularly refines de strategies to adapt to new market conditions and competitive environment.

The role requires dynamic leadership, intellectual curiosity and an entrepreneurial mindset.

The primary purpose of the position is to generate and organize initiatives and activities that helps increase business expansion nd profitability of private banking across the IWM footprint.

Is this role right for you? In this role you will:

Client centric focus

Builds expert knowledge of major clients and prospects, market, competition, and economic factors, while having robust understanding of key business issues and trends.
Identifies and communicates leads for client acquisition and drivers for client primacy across the IPB footprint.
Engages with Marketing and Relationship Management teams with reviewing client/partner satisfaction results and implementing a course of action to improve ratings and grow in the marketplace.
Leads and drives a performance driven and client centric culture throughout the Pacific Alliance markets (Mexico, Peru, Colombia and Chile), CCAU (Cayman, Bahamas, Jamaica, Panama and Costa Rica) and offshore (Toronto), to grow the IPB business across clients' onshore and offshore needs.

P & L Management

Contributes to the multiyear business growth of IPB (through the annual planning cycle), sales, client growth and retention goals for the unit.
Develops multiyear plan for the profitable growth of the IPB client base based on client segmentation data, market/economic conditions, IWM objectives and competitive positioning, and translate these into meaningful and actionable objectives for IPB business units in the countries.
Leads cost optimization strategies and implements those based on the strategic direction of the business.

Business Plans