Director, Engineering Modernization

Requisition ID: 238608

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

The Director, Engineering Modernization is responsible for leading the execution and delivery of the Modernization and Simplification across Canadian Banking Engineering to drive out cost transformation and re-investment of capacity and capital. This role is responsible for ensuring the reliable, resilient, and timely delivery of applications and platforms undergoing decommissioning, modernization, or digitization, while upholding operational excellence throughout the process. Requires strong financial acumen and a strong understanding and knowledge of Application and Infrastructure and their Total Cost of Ownership. Reporting to the VP, Canadian Banking Products Engineering, the Director partners closely with Business, Product, Technology and program leads to drive alignment on requirements, dependencies, and priorities and design and deliver the technical solutions that support the strategic outcomes of cost transformation and reinvestment capacity.

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

• Lead engineering execution of Application Decommissioning, Digitization, Modernization, Vendor Rationalization workstreams and correlated simplification initiatives, ensuring a strong focus on automation, straight-through processing, quality, scalability, and stability.
• Responsible to understand the Bank’s Infrastructure and Applications across all domains, with a strong understanding of the financial total cost of ownership and savings optimizations.
• Partner with Business Leads, Product Owners, Technology and Program Managers to define and deliver solutions that align with Modernization objectives and key results.
• Translate program strategy into actionable engineering delivery plans with clear milestones and success criteria.
• Drive engineering best practices, including DevOps, CI/CD, observability, automation, and incident response across Modernization squads.
• Champion a client-focused engineering culture that emphasizes value delivery, simplicity, and resilience.
• Build and lead high-performing engineering squads, ensuring teams are properly staffed, skilled, and motivated to deliver outcomes.
• Act as primary escalation point for technical risks, dependencies, and delivery challenges; implement mitigation strategies.
• Ensure adherence to the Bank’s risk appetite, regulatory compliance, and operational controls throughout all program activities.
• Oversee financial planning and forecasting of the modernization program, including operating and capital budgets.
• Govern program-level investments against approved funding envelopes, ensuring transparency in spend and benefits realization.
• Present variance analyses, executive dashboards, and financial reporting for Program Leadership and Governance Councils
  
  

 

Skills

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:

• University degree in Computer Science, Engineering, or Applied Technology, or equivalent work experience
• 7–10 years of engineering leadership experience, with a track record of delivering large-scale modernization and simplification programs
• Proven experience in automation, simplification and AI (including Agentic)
• Proven experience in platform resiliency, large-scale application retirement, and modernization
• Strong background in DevOps, CI/CD, cloud, and modern engineering practices
• Demonstrated expertise in financial analysis and ability to interpret complex financial data
• Excellent stakeholder management skills across business, product, and engineering groups
• Strong technical communication skills; able to translate complex technical challenges to senior executives
  
  

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - 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. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days, and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs.
  
  

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.