Business Analyst II

Scotiabank; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A leading bank in the Americas is seeking a Business Analyst to join their Group Treasury-Liquidity Risk team in Toronto. This role focuses on providing efficient technical solutions and requires experience in banking, financial instruments, and liquidity regulations. The candidate should have over 5 years of experience with SQL and testing. Scotiabank offers a commitment to diversity and inclusion as well as comprehensive benefits from day one.

Benefits

Diversity, Equity, Inclusion & Allyship

Accessibility and Workplace Accommodations

Upskilling through online courses and tuition assistance

Competitive Rewards program including flexible vacation

Community Engagement opportunities

Responsibilities

• Participate in the development and testing of cost effective and robust applications.
• Gather requirements and create formal Business Requirements Documents.
• Participate in systems implementation and planning.
• Manage or work within cross functional teams to deliver BAU or Project initiatives.
• Interact with internal teams including business, operations, application development, and support groups.

Skills

Prior experience working in banking or financial institutions

Knowledge of financial instruments

Familiarity with Swift messages and ISO20022 standards

Experience with payment and swift data

Experience with the account ledger system (Thor)

Understanding key liquidity regulations (FR 2052a, LCR, NSFR, NCCF)

Understanding of OFSI processes and requirements

Experience with Atlassian Tool Suite (JIRA, Confluence)

Having Python Knowledge is a plus

5+ years experience with SQL

5+ years experience testing and validating (QA)

Job description

Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture. The position is for a Business Analyst within the Group Treasury‑Liquidity Risk group. The incumbent is responsible for assisting with and providing efficient and cost‑effective technical solutions across a mix of in‑house and vendor platforms.

In this role you will:

• Participate in the development and testing of cost effective and robust applications.
• Gather requirements and create formal Business Requirements Documents.
• Participate in systems implementation and planning.
• Manage or work within cross‑functional teams to deliver BAU or Project initiatives.
• Interact with numerous internal teams including business, operations, application development, and application support groups.

Do you have the skills that will enable you to succeed in this role?

• Prior experience working in banking or financial institutions
• Knowledge of financial instruments
• Familiarity with the structure of Swift messages and ISO20022 standards
• Experience in handling payment and swift data
• Experience with the account ledger system (Thor) and managing ledger data
• Understanding key liquidity regulations such as FR 2052a, LCR, NSFR and NCCF
• Understanding of OFSI processes and requirements
• Experience with the Atlassian Tool Suite (JIRA, Confluence, …).
• Having Python Knowledge is a plus.
• 5+ years experience with SQL
• 5+ years experience testing and validating (QA)

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 employees 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 such as hackathons, contests, cooking with friends, Humans of Digital and much more!

Location: 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. 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.