Business Analyst Specialist (Central Market Data/Capital Market Technology)

Scotiabank; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Business Analyst Specialist to join its Market Data technology team. This role involves collaborating with developers and project managers to deliver solutions for trading and risk management. The ideal candidate has over 5 years of experience in the financial or IT industries, expertise in market data, and strong problem-solving skills. The role offers competitive rewards and a focus on inclusivity and diversity.

Benefits

Diversity, Equity, Inclusion & Allyship

Upskilling through online courses

Competitive Rewards program

Qualifications

• 5+ years experience in financial/IT industry or relevant experience.
• Experience in Market Data such as interest rates, IR volatility, equities, inflation curves, or other relevant experience.
• Knowledge of system design, data modeling, and software development life cycle (SDLC).

Responsibilities

• Collaborate with stakeholders to understand business requirements.
• Participate in modernization of legacy applications.
• Act as a subject-matter expert on market data applications.

Skills

5+ years experience in financial/IT industry

Experience in Market Data

Strong problem solving and analysis skills

Excellent communication and interpersonal skills

Experience in SQL & no-SQL databases

Jira and Confluence experience

Education

Under-graduate degree in Computer Science, Business Administration or related discipline

Tools

Microsoft Excel

Microsoft Visio

Job description

Title: Business Analyst Specialist (Central Market Data/Capital Market Technology)

Requisition ID: 241914

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

The Team

Scotiabank’s Information Technology and Solutions provides global technology solutions support to each of our core businesses - Domestic Banking, International Banking, Global Banking & Markets and Global Wealth & Insurance. Our technology-based solutions enable Scotiabank to achieve sustained profitable growth and a competitive advantage.

We are seeking an experienced Business Analyst Specialist to join our Market Data technology team to contribute to a range of projects including building a consolidated real-time market data system, improving our reporting and analytics solution, and to deliver high availability applications and solutions to support trading and risk management.

The Role

The role is a key position in the Market Data Technology team to help move forward our strategy and vision. This is an important role in the Global Banking & Market Engineering – Risk and Valuation Technology team, responsible for supporting and delivering system solutions for Front Office, Middle Office, and Regulatory clients.

The successful candidate will work closely with developers and project managers, as well as various stakeholders including business partners in risk management & financial engineering, to understand business requirements and drive the design of quality technical product solutions that using the latest technology. The candidate will have a solid understanding of market data and work closely with the software engineering teams to ensure that products are developed and maintained according to specifications and best practices.

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

• Collaborate with key stakeholders, including business users, product team, managers, and other technology teams, to understand business requirements, processes, and objectives. Analyze and translate these requirements into actionable plans and functional specifications.
• Participate in modernization of legacy applications to increase efficiencies, harmonize the Bank’s solutions, as well as keep the Bank’s systems software currency maintained.
• Act as a subject-matter expert on market data applications and advise management and stakeholders on solutions and promising initiatives.
• Analyze data to extract insights, identify trends, and make data-driven recommendations throughout the course of business.
• Ability to work on multiple projects as a project team member and dealing with on & off hour production or lower environment support issues.

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

• 5+ years experience in financial/IT industry or relevant experience.
• Experience in Market Data such as interest rates, IR volatility, equities, inflation curves, or other relevant experience.
• Knowledge of system design, data modeling, and software development life cycle (SDLC).
• Strong problem solving and analysis skills along with a good ability to evaluate alternatives and provide recommendations and solutions to complex and multi-dimensional problem.
• Excellent communication and interpersonal skills, to build consensus and obtain cooperation from stakeholders, as well as time management and organizational skills to effectively manage deliverables.
• Ability to work in a dynamic environment where processes and procedures are consistently refined.
• Ability to adapt and handle multiple tasks/competing priorities simultaneously.
• Experience in SQL & no-SQL databases.
• Experience with Jira, Confluence, Microsoft Excel, Microsoft Visio.
• Knowledge of Refinitiv and Bloomberg is an asset.
• Under-graduate degree in Computer Science, Business Administration, or a related discipline.

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 everyone 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!

#LI-Hybrid

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.