Technical Business Analysis Specialist - SimCorp

Socket.dev; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Bonus opportunities

Flexible vacation

Benefits from day one

Tuition assistance

Hackathons / community engagement

Job summary

Scotiabank is seeking a Technical Business Analysis Specialist to provide application support for CRIMS, SCD, MPOWER and IDH within Asset Management. The role focuses on portfolio management, trading, and back-office workflows with hands-on experience on at least one core application.

The candidate will join a purpose-driven team in Canada, located in Toronto, and will drive agile practices, analytics, and complex problem solving across middle and back offices.

Qualifications

• 7–10+ years of practical IT experience supporting asset management-related applications.
• Hands-on experience with SimCorp Dimension, Charles River, CGI MPOWER, or Markit EDM.
• Understanding of asset management processes: portfolio and order management, investment accounting, and compliance.
• Experience with batch jobs for OMS and overnight process improvements.

Responsibilities

• Provide application support for CRIMS, SCD, MPOWER, and IDH.
• Analyze business processes in asset management and identify improvements.
• Collaborate across front, middle, and back offices to optimize workflows.
• Assist with regulatory requirements, risk, and valuation methodologies.
• Apply agile project management practices and document requirements.

Skills

Asset Management knowledge

SimCorp Dimension

Charles River CRIMS

CGI MPOWER

Markit EDM IDH

Portfolio Management knowledge

Securities Trading & Settlement

Batch job optimization

Tools

SimCorp Dimension

Charles River CRIMS

CGI MPOWER

Markit EDM IDH

MCH

iFAST

Bloomberg

Market Trading Systems

CANDEAL

FIX

Job description

Requisition ID: 274241 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Technical Business Analysis Specialist – SimCorp Dimension (SCD), Charles River (CRIMS), CGI’s MPOWER, Markit EDM (IDH)

The Technical Business Analysis Specialist is responsible for providing application support and business analysis for the applications under management (CRIMS, SCD, MPOWER, IDH). This role requires an understanding of the financial services industry, with focus on Portfolio Management, Compliance, Securities Trading, Matching and Settlement, Portfolio Accounting, Custody, Fund Accounting.

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

• This role is primarily focused on supporting the delivered features and functionalities for our Asset Management line of business.
• The incumbent must have Hands‑on experience configuring and supporting solutions on at least one of our applications under management (CRIMS, SCD, MPOWER, IDH).
• The incumbent must have knowledge of process flows for equities, fixed income, ETF, money market and derivative financial instruments, including market trading conventions and portfolio management.
• Good to have knowledge on accounting methodologies and best practices, regulatory requirements, back‑office processes and the end‑to‑end workflows among the front, middle and back office.
• Experience supporting multiple applications used in the asset management area is a plus (e.g., MCH, iFAST, Bloomberg, Market Trading Systems, CANDEAL, FIX).

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

• 7 – 10+ years of practical IT experience supporting applications for the relevant lines of business is highly desirable (Asset Management, Investment Accounting, Securities Trading, Portfolio Management, etc.)
• Experince with SimCorp Dimension (SCD), Charles River (CRIMS), CGI’s MPOWER, Markit EDM (IDH)
• Understanding of applications landscape in Asset Management business (Portfolio and Order Management , Investment Accounting/Investment Book of Record, Client Book of Record, Matching and Settlement, file transfers, securities data, compliance, Fund Accounting, etc.)
• Expertise on batch jobs for Order Management Systems and identifying areas of improvements in overnight processes
• The incumbent must be a creative, self‑starting, results oriented and highly motivated individual with very good analytical skills to apply this knowledge to independently resolve complex business problems.
• The incumbent must also possess a very good understanding of current IT practices, systems development techniques, including requirements specification and testing methodologies, real time analytical and formal modelling tools and keep current with rapidly changing technology.
• Project Management experience with a strong understanding of agile project management principles and practices is an asset.
• The incumbent must have advanced knowledge of financial instruments, including market conventions and valuation methods, risk management methodologies and models including best practices, current and anticipated regulatory requirements
• The incumbent must be adept at understanding Asset Management processes (trading, order management, risk, compliance, performance) and the end-to-end workflows and integration with Middle and Back Offices in one or more financial asset classes (e.g., fixed income, foreign exchange, interest rate derivatives, etc.)

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. If you require technical assistance, please click here.