Senior Product Owner, Open Banking, Global Transaction Banking - Toronto

Requisition ID: 228974

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 GTBs 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
As a Senior Product Owner for Open Banking your primary responsibility will lead the development and evolution of our open banking products and capabilities drive the execution of priority outcomes for our Open Banking journey enable internal teams make value-based decisions through collaboration with business owners & actively contribute to Scotiabanks evolving Open Banking strategy.

The Senior Product Owner will collaborate closely with lines of businesses including retail small business wealth operations data risk management and other stakeholders whose business model will be impacted and enabled through open banking capabilities. This individual will have strong knowledge of the open banking landscape globally while ensuring a highly visible and transparent understanding of the value priority and impact. They will lead the Open Banking prioritized outcomes through active alignment of work being shaped accepted and ultimately delivered by the Open Banking team. Join a purpose-driven winning team committed to results in an inclusive and high-performing culture.

What Youll Do:

• Own the end-to-end vision and roadmap for specific Open Banking products according to the business line and the overall Open Banking strategy.
• Translate regulatory requirements business requirements and market trends into actionable product features and priorities.
• Define and prioritize a clear value driven product backlog aligned with Open Banking strategic business objectives.
• Collaborate with cross functional teams to deliver secure scalable and compliant solutions.
• Engage with ecosystem partners (fintechs aggregators etc.) to understand the needs and the winning business cases.
• Analyze customer and developer feedback to update the products portals and overall user experience.
• Define and track product performance metrics and ensure continuous improvement.
• Supporting the definition of the enterprise open banking business model and strategy including KPIs and benefits.
• Owns the Open Banking Product Backlog and maintains its priorities.
• Oversee the day-to-day development and execution of the product backlog ensuring timely delivery of high-quality product increments.
• Ensure awareness of market and trends in the business environment; using research and available analysis to help inform ideas.
• Drive change management efforts for related outcomes including:
  • Conducting needs analysis/analyzing recommended and/or implemented changes.
  • Preparing workflows/procedures to ensure new functions/processes are integrated into the operational environment.
  • Ensuring proper determination of workflow effort differences between existing and recommended processes.
  • Serve as a facilitator and relationship-builder among key stakeholders with sometimes competing priorities.

What Youll Bring:

• 7 years of product ownership or product management experience in financial services ideally in Open Banking.
• Deep understanding of Open Banking frameworks data standards (e.g. FDX PSD2) and API technologies.
• Experience working with regulatory and compliance teams on financial data access consent flows authentication.
• Strong stakeholder management skills with the ability to balance business technical and regulatory needs.
• Excellent communication and decision-making skills in an agile product delivery environment.
• Familiarity with developer tools APIs and sandbox environments.
• University Degree in engineering computer science or business MBA

#LI-Onsite #GTB2025

Interested

If your experience is closely related but doesnt 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. Thats why we work to grow and diversify talent and engage employees in a performance-oriented culture.

Whats 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.