Technical Analyst

Scotiabank; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Technical Business Analyst to support a Counterparty Credit Risk Application. This role involves collaboration with cross-functional teams, generating business requirements, and conducting testing. Relevant experience in capital markets risk, as well as technical skills in Python and Unix/Linux, are essential. The position offers competitive benefits and a commitment to inclusion and diversity within the workplace.

Benefits

Diversity, Equity, Inclusion & Allyship initiatives

Tuition assistance

Flexible vacation days

Qualifications

• 3+ years' experience as a Business Systems Analyst.
• Relevant experience in capital markets risk.
• Ability to translate business requirements into technical specifications.

Responsibilities

• Collaborate with risk management teams to gather requirements.
• Generate business requirements and compliance documents.
• Design functional test cases and conduct testing.

Skills

Python shell scripting

Unix/Linux

Analytical skills

Problem-solving

Communication skills

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

JIRA

Confluence

Job description

The Team

Global Banking and Markets Engineering (GBME) is the fast-moving, award-winning technology engine that powers Scotiabank’s Corporate, Investment Banking, and Capital Markets businesses.

The Role

GBME – Risk Technology is searching for a Technical Business Analyst to support a Counterparty Credit Risk Application. The successful candidate will have a results-oriented and curious mindset with strong technical skills. You will work closely with cross functional teams, including engineers, solutions architects, and business teams to develop and implement market‑leading solutions that are scalable and deliver excellence, and value to our business partners and customers.

Responsibilities

• Collaborate with other teams within risk management to gather requirements and provide updates on progress.
• Work alongside other BAs, developers, and project managers.
• Generate business requirements and documents that align to the policies to ensure that the new technology meets the needs of the business lines as they adapt to comply with policy.
• Analyze existing processing and identify opportunities for optimization.
• Work alongside developers and technical experts to develop functions or technical requirements that will provide the reference for new technology and new software.
• Design functional test cases and carry out the testing and valuation concurrently with development.
• Review test results and identify corrective steps for complex issues across application boundaries.
• Utilize strong written and verbal communication skills when conducting and facilitating presentations to stakeholders and management.
• Exercise initiative and sound judgment in the execution of project plans and schedules. Perform ad hoc work as needed.

Minimum Qualifications

• 3+ years’ experience in the capacity of a BSA.
• Recent and relevant experience with capital markets risk and financial risk (VAR calculation and work with complex financial instruments, etc.).
• Recent experience with Python shell scripting.
• Recent hands‑on working experience with Unix/Linux is required.
• Experience working across multiple teams and functions to ensure alignment.
• Experience working with all phases of SDLC (Software Development Life Cycle).
• Ability to adapt quickly to new processes and standards, with a strong commitment to providing exceptional customer service.
• Proven ability to translate business requirements into technical specifications and deliver working results.
• Excellent analytical, problem‑solving, and communication skills.
• Excellent working experience of Microsoft suite of products (Word, Excel, PowerPoint, Project).

Preferred Qualifications

• Understanding of the Bank’s application system and software from a business/technical viewpoint to assess the impact of development and/or changes to the overall data processing environment.
• Experience with JIRA and Confluence is an asset.

Benefits

• 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 embraced through bias‑free practices and inclusive values across Scotiabank.
• 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.
• Upskilling through online courses, cross‑functional development opportunities, and tuition assistance.
• Competitive rewards program including bonus, flexible vacation, personal and sick days, and benefits will start on day one.
• Community Engagement – Opportunities for community engagement and belonging through programs such as hackathons, contests, cooking with friends, and Humans of Digital.

Location

Canada : Ontario : Toronto

Company Overview

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 inclusive and accessible environment for everyone.