Requisition ID: 209921

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Purpose
Scotiabank is looking for a Cloud Economics Specialist to join our Cloud Fin Ops Economics team in the Global Technology & Enterprise Platforms group, to help our internal stakeholders maximize value and achieve more with their cloud investments. The right candidate is experienced in Cloud or other technology financials, who can continuously develop, manage, and present Scotiabank’s cloud costs and impact to various group leaders and business units. This role will be an integral part of our Cloud Fin Ops team, with a mandate to report on monthly cloud financials/actuals, and provide cloud financial expertise during budget and strategy cycles
The ideal candidate will have at least a basic understanding of Cloud platforms and their financial impacts.


Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Analyze and prepare monthly actuals against forecast projections with understanding and explanation of variances
• Provide financial oversight and management of Cloud operating budgets and effective cost recovery
• Responsible for financial reporting and creating insightful reports
• Understand how the Bank’s risk appetite and risk culture should be incorporate into in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas 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.
• Champions a high-performance environment and contributes to an inclusive work environment.

Dimensions

• Responsible for financial reporting and creating insightful reports
• Analyze monthly actuals of Private Cloud On-Prem and GCVE servers (nice to have)
• Design forecast models and transparent reporting for business application owners on services consumption costs that will be charged back to the respective line of business
• Provide financial oversight and management of Cloud operating budgets and effective cost recovery
• Monthly tracking of movement from Private Cloud On-Prem to GCVE
• Define guardrails to optimize cost performance
• Work with Cloud Enterprise Architects and Solution Architects to optimize cost performance
• Adhere to confidentiality and the Bank's risk appetite/culture in all day-to-day activities and decisions
• Perform other ad hoc analyses and special projects as required
• Proven experience managing executive-level conversations on the business value of cloud.

Education / Experience / Other Information

• Bachelor's degree in IT, finance/ecom, business or a related field or equivalent work experience
• Strong conceptual, analytical, and problem-solving skills
• Excellent written and verbal communications skills in English B2
• Demonstrate an advanced proficiency in the use of MS Excel (e.g., macros, pivot tables) & MS Power Point.
• Basic understanding of cloud-based platforms (Azure, GCP or AWS) (preferred)
• Strong financial analysis and financial modeling skills
• Willingness to research and self-study to keep technical skills relevant in a highly complex environment
• Innovative and ability to think outside the box for creative problem solving
• Mentors and coaches colleagues and seeks opportunities for continuous improvement
• Comfortable working in cross-functional and multidisciplinary teams
• Ability to multitask and prioritize deadlines.

Working Conditions
Work in a standard office-based environment; non-standard hours are a common occurrence.


#LI-Hybrid


Location(s): Bogotá or Home-Office

Scotia Tech is a business unit within Scotia GBS, a Scotiabank Group company located in Bogota, Colombia. The Scotia Tech hub was created to support different technology systems and processes of the Bank. We offer an inclusive, positive work environment, and competitive benefits.

At Scotia Tech, we value the unique skills and experiences each individual brings and are committed to creating and maintaining an inclusive and accessible environment for everyone. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotia Tech; however, only those candidates who are selected for an interview will be contacted.


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