Manager of Margin Management leading profitability analysis and strategy for Manulife Bank. Collaborating across teams to enhance yield, manage pricing governance, and impact bank P&L.
Responsibilities
Own analysis of bank P&L components (interest income/expense), margin, spread, and portfolio yield to identify NIM improvement opportunities
Translate insights into actionable plans, targets, and performance tracking against financial objectives
Influence annual/quarterly planning cycles for yield and margin, including scenario analysis, sensitivity testing, and KPI frameworks
Develop end-to-end business cases (assumptions, drivers, revenue/expense impacts, risks) to support pricing changes, product strategies, and balance sheet initiatives
Present clear recommendations to senior stakeholders and govern execution outcomes
Influence and evolve the FTP framework with Finance to align with profitability goals; ensure transparency of funds cost, liquidity premiums, and risk-based pricing
Maintain robust pricing governance across product lines; standardize methodologies and controls
Drive ideation for profitability levers (pricing, mix, segmentation, acquisition/retention, product features) and lead cross-functional execution
Collaborate closely with Finance, Analytics, Product, and Treasury to define, access, and monitor KPIs; align on P&L impacts and portfolio strategies
Requirements
University degree in Finance, Economics, Mathematics, or related field
5+ years in FP&A, financial analysis, or product management within banking or financial services
Proven experience with margin, spread, portfolio yield analysis, and bank P&L management
Advanced proficiency in financial modeling, reporting, business casing and scenario analysis; FTP experience is a strong asset
Strong quantitative, analytical, and interpersonal skills; ability to influence strategic decisions across senior stakeholders
Ability to collaborate with Finance, Analytics, Product, and Treasury to drive profitability initiatives
Benefits
Health insurance
Dental insurance
Mental health programs
Vision insurance
Short- and long-term disability
Life and AD&D insurance coverage
Adoption/surrogacy benefits
Wellness benefits
Employee/family assistance plans
Retirement savings plans
Global share ownership plan with employer matching contributions
Financial education and counseling resources
Paid time off, including holidays, vacation, personal, and sick days
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