Technical Business Analyst (FX Technology)

Scotiabank; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A major Canadian bank in Toronto seeks a Technical Business Analyst to support FX technology initiatives. The ideal candidate will have 3–4 years of hands-on experience with trading platforms and a strong understanding of capital markets. This role involves leading requirements gathering sessions and ensuring business strategies are executed effectively while providing mentorship to junior analysts. Competitive benefits and a commitment to an inclusive environment are provided.

Benefits

Flexible vacation

Tuition assistance

Community engagement programs

Qualifications

• 3–4+ years of hands-on experience in FX options.
• Proven ability to lead multiple initiatives.
• Experience with functional requirements documentation.

Responsibilities

• Lead requirements gathering with stakeholders.
• Translate business needs into functional requirements.
• Investigate and resolve application issues related to P&L.
• Support UAT and production releases.

Skills

Hands-on experience with trading platforms

Understanding of capital markets

Analytical thinking

Communication skills

Stakeholder management

Education

Degree or certification in finance or economics

Tools

Jira

Confluence

Jenkins

Bitbucket

Tidal

Job description

Title: Technical Business Analyst (FX Technology)

Requisition ID: 239111

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

Team Overview

The FX Options Technology team is part of Global Banking and Markets Engineering (GBME), supporting FX desks and traders across Toronto, New York, London, and Singapore. The team operates in a dynamic, fast‑paced environment, delivering solutions for complex exotic products and a wide range of downstream users including confirmations, regulatory, risk, and product control.

The Role

As a Level 7 Technical Business Analyst, you will lead and support the Murex application and its integration with FX Options workflows. You will act as a bridge between business and technology, ensuring that business strategies, plans, and initiatives are executed effectively and in compliance with internal policies and external regulations.

Responsibilities

• Lead requirements gathering and design sessions with stakeholders across trading, risk, finance, and operations.
• Translate business needs into functional and non‑functional requirements, including reporting, performance, interfaces, and constraints.
• Drive solutioning sessions with architecture, development, and security teams to inform high‑level estimates and delivery plans.
• Maintain and refine product backlogs, user stories, and release timelines.
• Investigate and resolve application issues related to P&L, PLVar, VaR, simulation views, and e‑Tradepad.
• Validate financial models and valuations for FX Options products.
• Support UAT and production releases, including test case creation and evidence tracking.
• Collaborate with vendor teams and manage open tickets and issue logs.
• Mentor junior analysts and contribute to continuous improvement of engineering practices.

Qualifications

• 3–4+ years of hands‑on experience with the trading platforms, FX options (Murex/Calypso Preferred).
• Strong understanding of capital markets, derivatives, and risk metrics.
• Proven ability to lead and prioritize multiple initiatives in a complex stakeholder environment.
• Experience with business/functional requirements documentation.
• Familiarity with tools such as Jira, Confluence, Jenkins, Bitbucket, and Tidal.
• Strong analytical thinking and problem‑solving skills.
• Excellent communication and stakeholder management abilities.

Preferred Qualifications

• Degree or certification in finance, economics, or a related field.
• Experience in a capital markets technology environment.
• Exposure to regulatory reporting and reconciliation processes.

Benefits

• Di versity, 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, 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!

Location: Canada : Ontario : Toronto

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.

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