Business Analyst - Non-IT

Nexus Systems Group Inc.; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A technology consulting firm is looking for a Business Analyst to identify and champion business transformation initiatives. The role involves collaborating with stakeholders and managing digital transformation strategies in the Wealth Management sector. Candidates should have 5-7 years of relevant experience, preferably with a background in business or engineering, and be able to communicate effectively across teams. This hybrid position is based in Toronto, offering an opportunity to work with a leading financial institution.

Qualifications

• 5-7 years of relevant work experience is required.
• Demonstrated knowledge of product or technology development cycle.
• Ability to achieve strategic goals in a dynamic environment.

Responsibilities

• Identify opportunities for business transformation and innovation.
• Define and execute a cohesive digital transformation strategy.
• Partner with Technology and Digital teams to enable solutions.
• Lead discovery and analysis efforts to identify gaps.

Skills

Relevant work experience

Product or technology development cycle

Delivery of complex business initiatives

Strategic goal achievement

Developing relationships with partners

Education

Bachelor degree in Business, Management, or Engineering

Master’s degree

Job description

Overview

Halting April 21st 9:45am

Job ID: BNSJP00037298

Client: Scotiabank

Position: Business Analyst

Duration: 5 months

Location: Toronto (Hybrid)

Day to Day Responsibilities

• Identify opportunities & champion ongoing best-in-class business transformation/ innovation.
• Define, lead and execute a cohesive digital transformation strategy designed to limit technological debt and to effectively manage transition from segregated platforms to global platforms adoption, while modernizing technology stacks & digitalization workflows. Work closely with in-country leads and partners to effect execution quality and success.
• Maintain an understanding of financial services markets, the competitive landscape and digital transformation trends relative to the Wealth Management sector and client/user needs and requirements.
• Continually acquire and enhance knowledge of both the Bank’s and 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, services and support to the end user business lines.
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Partner with GWM & in-country Technology and Digital teams and other internal stakeholders to enable solutions.
• Collaborate closely with the Senior Manager, Total Wealth Solutions to support the execution of key initiatives, day-to-day priorities, and execute the roadmap for Total Wealth Solutions across the entire IWM footprint.
• Work with business stakeholders to understand business needs and communicate them effectively to the technology team for digital tools, including Salesforce CRM, investment proposal platforms, financial planning solutions, and others.
• Lead discovery and analysis efforts to understand local business and identify process gaps and improvement opportunities.
• Ensure product delivery is relevant and of high quality, eliminating the need for workarounds. Identify capabilities, features, value proposition and potential risks for the product vision, working with stakeholders to produce high quality business solutions.
• Communicate progress, elicit feedback and enable stakeholder reviews for validation. Manage engagement with stakeholders and effectively communicate product release features and expected product capabilities within the customer journey.
• Coach team members and create an environment that lends itself to self-organizing activities. Identify and manage business activities (training, communication) required to support agile initiatives. Think strategically beyond in-scope activities, providing innovative ideas to challenge or extend current vision.
• Deliver high-quality training on advisor platforms and solutions to a diverse audience, including both country teams and central office. Adapt context and delivery style to match varying levels of technical and business expertise.
• Demonstrate strong presentation communication skills to effectively convey the team’s initiatives, value proposition, and project updates across multiple stakeholders.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of their 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.
• Champion a high-performance environment and contribute to an inclusive work environment.

Must Have Skills

• 5-7 years of relevant work experience is required.
• Demonstrated knowledge of product or technology development cycle.
• Success in contributing to the delivery of complex business initiatives in a collaborative, cross-functional team.
• Ability to achieve strategic goals in a dynamic environment, managing timelines and dependencies across multiple teams
• Ability to develop strong working relationships with business and technology partners globally

Nice to Have Skills

• Experience in project delivery, digital transformation, or strategic sales support – is an asset.
• Bilingual English Spanish strongly preferred

Soft Skills

• Critical thinking skills, using logic and reasoning to evaluate alternative solutions, streamline processes and workflows, summarize conclusions and approaches to improve results and mitigate risks
• A high degree of flexibility is required to adapt to a wide variety of tasks and functions.

Education

• Bachelor degree is required. Business, management, engineer, or a related discipline is preferred. Master’s degree is an asset.