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Scotiabank

Associate Director, Deposit Solution, Ontario Region, GTB - Toronto

Toronto, ON, M5H 0B4, Canada

Apply by: Oct 7, 2026
Posting language: English
Posted: Sep 22, 2026

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Original job description

Requisition ID: 272715

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.

Purpose
The Associate Director, Deposit Solutions, Global Transaction Banking (GTB), will be responsible for selling deposit initiatives and strategies to Commercial Banking clients through presentations, meetings, or one-on-one consultations. The Associate Director will also be responsible for establishing and maintaining strong working relationships with other Scotiabank partners to provide a complete range of investment alternatives as well as maintaining optimized pricing on related products to ensure Scotiabank is competitive and profitable on all deposit and investment offerings.

What You’ll Do:

Work directly with Relationship Managers as well as Payments and Cash Management (PCM) Sales Officers to grow regulatory friendly deposits by identifying and providing liquidity solutions for clients and prospects, thereby achieving annual deposit growth targets through new deposits to the Bank.
Identify potential product opportunities and work closely with product managers on improving or developing products and any related marketing collateral and fulfilment processes.
Develop and implement short and long term sales strategies for growth, working in conjunction with Relationship Managers, Payments and Cash Management (PCM) Sales Officers, and the Business Deposit Portfolio Management Team.
Attend, participate and lead client meetings to provide leading industry knowledge and solutions relating to deposits, interest rates, and economic expectations.
Advise clients on drafting or revising investment policies where needed.
Prepare and deliver presentations to business partners for the purpose of deposit product education and the outlining of capabilities and strategies.
Build and maintain partnerships with Relationship Managers, Payments and Cash Management (PCM) Sales Officers, Business Deposits Portfolio Management, and Group Treasury partners as well as external contacts.
Responsible for deposit pipeline reporting and ensuring opportunities are being pursued and advanced in a timely manner.
Maximize the team’s overall efficiency, by ensuring they have an awareness and access to all offers, presentations and marketing material that is produced for business partners and clients.
Source, analyze, and organize interest rate and economic data/commentary for the purposes of producing daily market update emails and to maintain a current market insight summary for presentation to business partners and clients at any time.
Collect and distribute information relating to client segments and market trends and ensure timely dissemination of any updates relating to product, pricing, etc.
Responsible for the coordination, management, and reporting of any special deposit acquisition initiative under the direction and oversight of the Director, Deposit Solutions.
Ensure a high degree of accuracy and completeness of client information, call reports, and client coverage within Sales reporting systems.
Ensure that the Bank’s interests are always protected by strictly adhering to risk management and compliance programs, internal and regulatory guidelines, including Know Your Customer, Anti-Money Laundering, etc.
Performs day-to-day activities in a manner consistent with the Bank’s risk culture and the relevant risk appetite statement and limits.
Supports an environment that pursues effective and efficient operations 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.
Supports building of a high performance environment and a people strategy that attracts, retains, develops, and motivates the team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, participating in the succession and development planning for the team.

What You'll Bring:

Minimum of 5-7 years in financial services.
Minimum Bachelor’s degree in business or related field; additional industry courses/designations (e.g. CFA) an asset.
Must be an experienced banker with exceptional interpersonal, leadership, sales and business development skills.
Proven success at selling deposit or fixed income products, which ideally would come with an extensive network of contacts.
Experience in FX / Fixed Income / Money Market industry through trading or sales is a definite asset.
The incumbent must have thorough knowledge of the financial services industry including regulatory trends and economic conditions as they relate to short-term investment products.

Working Conditions:
Work in a standard office-based environment.

Interested?
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.

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.

#GTB

Note: All postings in me@Scotiabank will remain live for a minimum of 5 days.

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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More about this job

Responsibilities

The Associate Director is responsible for selling deposit initiatives and liquidity solutions to commercial clients while maintaining strong partnerships with internal stakeholders. They will also manage deposit pipelines, analyze market trends, and ensure compliance with regulatory and risk management standards.

Requirements

Candidates must have a minimum of 5-7 years of experience in financial services and a Bachelor's degree in business or a related field. Exceptional sales, leadership, and interpersonal skills are required, along with a thorough understanding of financial industry trends and investment products.

Skills

Financial services
Business development
Sales
Deposit solutions
Liquidity management
Relationship management
Fixed income
Foreign exchange
Money market
Regulatory compliance
Risk management
Market analysis
Strategic planning
Client presentations
Leadership
Communication

Benefits

Flexible benefit programs
Holistic well-being support

Visa sponsorship

Not detected in the job text

Keywords

Global Transaction Banking
Commercial Banking
Treasury Management
Deposit Growth
Liquidity Solutions
Fixed Income
Foreign Exchange
Money Market
Know Your Customer
Anti-Money Laundering
Risk Culture
Market Insight
Sales Strategy
Financial Analysis
Portfolio Management
Regulatory Trends
Economic Data
Client Coverage
Business Development
Investment Policies

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