Senior Manager, Business Technology Analyst (FX Technology)

Scotiabank; Toronto; On-site; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Diversity, Equity, Inclusion & Allyhip

Accessibility and Workplace Accommod.

Upskilling through online courses

Competitive Rewards program

Dynamic Ecosystem

Community Engagement

Job summary

Scotiabank in Toronto seeks a Senior Manager, Business Technology Analyst (FX Technology) to lead strategic technology initiatives across the Foreign Exchange business. You will partner with Trading, Sales, Operations, Risk and Finance to define requirements and deliver front-to-back transformations, including migration to Murex and related ecosystem applications.

The role demands deep FX domain knowledge, strong stakeholder influence, and proven experience delivering complex programs in Capital

Qualifications

• 10+ years of Business Analysis experience.
• 7+ years within Capital Markets or FX Technology.
• Experience delivering complex technology transformation programs.
• Strong understanding of Capital Markets architecture and workflows.
• Experience working in Agile delivery environments.
• SQL and data analysis
• API and integration concepts
• Data mapping and reconciliation
• Testing methodologies (SIT, UAT, Regression)
• Agile / Scrum delivery practices

Responsibilities

• Lead workshops and discovery sessions with business and technology stakeholders.
• Elicit, analyze, document, and validate complex business requirements.
• Produce high-quality: BRDs, FSDs, User Stories, Process Maps, Data Flow Diagrams, Business Rules Documentation.
• Manage requirements traceability from inception through implementation.
• Perform impact assessments and gap analyses across current and future-state processes.
• Trading platform modernization and migration to target state technologies.
• Define target operating models and future-state business processes.
• Assist in migration planning, cutover activities, and business readiness assessments.
• FX Domain & Process Expertise and provide SME support across Front Office, Middle Office, and Back Office.
• Solution Design & Delivery Support with Solution Architects and Development teams.
• Facilitate design discussions and assess technology options.
• Support API and integration requirements across systems.
• Review solution designs for alignment with business objectives.
• Testing & Implementation: Define SIT/UAT strategies, create test cases and coordinate testing.
• Validate delivered functionality against requirements.

Skills

Business Analysis

Stakeholder Management

Agile / Scrum

Requirements Discovery

Data Analysis

SQL

API & Integration

Leadership

Problem Solving

Education

MBA / CFA / CBAP certifications

Tools

Murex

ION Wallstreet

Bloomberg

FX Connect

360T

MarkitWire

Broadridge

Job description

Title: Senior Manager, Business Technology Analyst (FX Technology)

Requisition ID: 276930

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

The Senior Manager, Business Technology Analyst, FX Technology is responsible for driving strategic technology initiatives across the Foreign Exchange business. Acting as the critical liaison between Trading, Sales, Operations, Risk, Finance, and Technology teams, the incumbent will lead requirements discovery, process optimization, target-state design, and solution delivery for complex front-to-back transformation initiatives.

This role will be instrumental in the modernization of the bank's FX technology landscape, including migration from legacy platforms to strategic target-state solutions such as Murex and related ecosystem applications.

The successful candidate will possess deep knowledge of the FX trade lifecycle, strong analytical capabilities, and the ability to influence stakeholders across business and technology functions.

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

• Lead workshops and discovery sessions with business and technology stakeholders.
• Elicit, analyze, document, and validate complex business requirements.
• Produce high-quality:
  • Business Requirement Documents (BRDs)
  • Functional Specification Documents (FSDs)
  • User Stories
  • Process Maps
  • Data Flow Diagrams
  • Business Rules Documentation
• Manage requirements traceability from inception through implementation.
• Perform impact assessments and gap analyses across current and future-state processes.
• Trading platform modernization
• WSS to Murex migration
• Regulatory and compliance initiatives
• Define target operating models and future-state business processes.
• Assist in migration planning, cutover activities, and business readiness assessments.
• FX Domain & Process Expertise and Provide subject matter expertise across Front Office (FX Spot, FX Forward, FX Swap, NDF, FX Options) Middle Office (Trade capture, Trade validation, Lifecycle event management, P&L and Risk reporting) and Back Office (Confirmations, Settlements, SWIFT messaging, Accounting events, Nostro reconciliation, Regulatory reporting)
• Solution Design & Delivery Support
• Work closely with Solution Architects and Development teams to define technology solutions.
• Facilitate design discussions and assess technology options.
• Support API and integration requirements across upstream and downstream systems.
• Review solution designs to ensure alignment with business objectives.
• Testing & Implementation
• Define SIT and UAT strategies.
• Create and review test cases and test scenarios.
• Coordinate business testing activities.
• Validate delivered functionality against requirements.

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

• 10+ years of Business Analysis experience.
• 7+ years within Capital Markets or FX Technology.
• Experience delivering complex technology transformation programs.
• Strong understanding of Capital Markets architecture and workflows.
• Experience working in Agile delivery environments.
• MBA, CFA, CBAP or equivalent certifications are considered an asset.
• SQL and data analysis
• API and integration concepts
• Data mapping and reconciliation
• Testing methodologies (SIT, UAT, Regression)
• Agile / Scrum delivery practices
• Capital Markets Platforms: Murex, ION Wallstreet, Bloomberg, FX Connect, 360T, MarkitWire, Broadridge
• Knowledge of: SWIFT MT and MX messaging, CLS, ISO20022, Regulatory reporting requirements, Treasury and liquidity management processes
• Leadership Characteristics & Strategic thinker with strong business acumen
• Capable of operating effectively in ambiguous environments.
• Comfortable challenging assumptions and driving change.
• Strong facilitation and negotiation skills.
• Ability to communicate effectively with both senior executives and technical teams.
• Demonstrated ability to lead cross-functional initiatives without direct authority.
• Results-oriented with strong ownership and accountability.

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 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.
• Dynamic Ecosystem - Free tea & coffee, universal washrooms, and lots of space for team collaboration.
• Community Engagement - We offer opportunities for community engagement & belonging with our various programs such as hackathons.

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. 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.