Job description


  • Entry level
  • No Education
  • Salary to negotiate
  • Toronto


Requisition ID: 61007

Join the Global Community of Scotiabankers to help customers become better off.

Job Purpose

- The incumbent, under general direction, is responsible for the resolution of complex business problems for the assigned Lines of Business.

- This includes managing multiple small projects, participating in and/or managing specific sections of large projects, and providing ongoing support to all assigned units worldwide.

- Formulates and defines systems scope and objectives based on both user needs and a good understanding of applicable business systems and industry requirements for the assigned Lines of Business.

- Devises or modifies procedures to solve complex. Includes analysing business and user needs, documenting requirements and translating them into proper systems requirement specifications.

Role as Business Analyst

The applicant is responsible for overseeing the development and day to day operations of the Trade Management processes as it pertains to the Bank’s derivatives trading platform.

- Supporting the Front to back office trading lifecycle while also gathering requirements and planning out the ongoing evolution of the system. This involves:

- Providing support to the Business and prioritizing deliverables with front and middle office teams to plan out monthly sprints. Excellent time and relationship management will be required to manage upcoming deliverables and user expectations for each release. The result of which must be articulately communicated to the Development team and outlined in JIRA tickets.

- Requirements gathering and documentation for existing and new processes/systems developed within Trade Management stream. This encompasses BA, Dev and User inputs to flesh out documentation which can then be stored and shared via Confluence. Requirements gathered for new initiatives will also have to be stored in JIRA tickets on a per issue/feature/change basis.

- Creating Test Cases and fully running through scenarios to ensure results match up with business expectations and that releases are bug free. Typical production releases are conducted once per month on Friday night, which will occasionally require the applicant to stay late to conduct post implementation checks and provide updates/support for downstream systems.


- Independently resolve complex, multi-faceted problems to meet the business needs of the assigned Lines of Business, by applying their financial and technological knowledge to the design of methodologies, models, and/or systems solutions. This may involve rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables until a final production solution is created. This includes conducting research and analysis, accurately and clearly defining user requirements and processes, and liaising with the users.

- Manage multiple small projects and/or lead specific sections of large projects to implement solutions to business problems. This involves planning and scheduling resources, developing detailed project plans, monitoring progress against planned objectives, financial review, and securing consensus and co-operation from users and senior management.

- Participate in the systems implementation process by defining business requirements and processes, developing test strategies and test cases, performing testing, defining user procedures and workflows, developing conversion and implementation strategies, verifying conversion, providing user documentation, providing user training, and providing post-implementation support.

- Provide business support to all units Globally, including new and existing product and deal structuring, ad hoc queries and MIS, user training, and assisting with the design and implementation of systems enhancements. This is made more challenging due to differences in time zones and the variation in the business lines. The incumbent is responsible for ensuring that management is kept informed and that problems and issues are escalated appropriately.

- Continually acquire and enhance knowledge of the Division's business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing technology to be able to provide effective business solutions and services to the end user business lines.

- The incumbent must have advanced knowledge of financial instruments, including market conventions and valuation methods, risk management methodologies and models including best practices, current and anticipated regulatory requirements, Back Office processes and the end-to-end workflows among the Front, Middle and Back Offices within at least one financial market area (e.g. foreign exchange, interest rate derivatives) and a very good knowledge of at least one other financial market area.

- The incumbent