Technical Business Analyst (Market Risk)

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Onsite cafeteria

Competitive total rewards package

Job summary

Scotiabank, a leading bank in the Americas, is seeking a Technical Business Analyst (Market Risk) to connect business needs with the development team. You will help enhance market risk reporting and analytics while supporting high-availability applications meeting regulatory obligations.

The role emphasizes requirements elicitation, solution analysis, and process improvement to strengthen reporting capabilities within a fast-paced, heavily regulated banking environment.

Qualifications

• Degree in Engineering, Computer Science, Finance, or a related field and 5+ years IT experience.
• Strong data analysis skills with SQL and Excel.
• Familiarity with capital markets and risk platforms is a plus.

Responsibilities

• Translate business needs into technical specifications for the development team.
• Support full software development lifecycle and ensure regulatory obligations are met.
• Elaborate use cases, process models, and data flow diagrams to articulate functionality.
• Collaborate with stakeholders to identify technology solutions aligned with strategic objectives.
• Monitor, support production issues and ensure reliable, scalable designs.

Skills

SQL

Excel

Unix

Python

Education

Engineering, Computer Science, Finance degree

Job description

Title: Technical Business Analyst (Market Risk)

Requisition ID: 268641

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

The Team

As part of the Market Risk Technology team, you will contribute to the enhancement of our market and security risk platforms. You will help improve reporting and analytics capabilities and support the delivery of high-availability applications that meet Global Risk Management and regulatory requirements.

The Role

The Technical Business Analyst acts as a key liaison between business stakeholders and the development team.

The primary objective of this role is to translate business needs into detailed technical specifications. The mandate involves supporting the full software development lifecycle, ensuring that solutions are designed, developed, and implemented to meet strategic business objectives and regulatory obligations.

This position is responsible for requirements elicitation, solution analysis, and process improvement to enhance reporting and analytics capabilities.

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

• Contribute to the analysis, design, delivery, and testing of solutions that meet evolving business needs within a fast-paced and highly regulated banking environment , including documentation of requirements and design decisions.


• Develop foundational design artifacts such as use cases, process models, and data flow diagrams to clearly articulate system functionality and end-to-end workflows.


• Work with a range of technologies to implement new capabilities or enhance existing systems, ensuring robust solution design and adherence to established technology standards, controls, and best practices.


• Partner with business stakeholders to identify technology solutions that align with strategic objectives and operational needs.


• Take ownership of assigned deliverables, driving work forward with initiative and sound judgment while managing competing priorities effectively.


• Apply strong attention to detail while maintaining an understanding of the broader system landscape to ensure cohesive and scalable solutions.


• Monitor applications, respond to user inquiries, and support the resolution of production issues.


• Collaborate with technology teams to ensure application, integration, infrastructure, and security designs align with standards for reliability, scalability, performance, and availability.

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

• Degree in Engineering, Computer Science, Finance, or a related field, with 5+ years of progressive IT experience.


• Strong understanding of capital markets products (FX, Fixed Income, Equity, Commodities) and familiarity with market data and security master data.


• Foundational understanding of valuation and market risk management concepts; knowledge of regulatory frameworks such as FRTB is an asset.


• Professional designations such as CFA or FRM are considered strong assets.


• Experience with both agile and waterfall delivery frameworks and practical knowledge of the software development lifecycle.


• Proven experience in requirements elicitation, analysis, solution design, and testing; familiarity with design techniques (Use Cases, Process Modelling, Data Flow Diagrams, Sequence Diagrams).


• Strong data analysis skills, including SQL and Excel.


• Experience with Unix and scripting languages (shell, Python) is an asset.


• Strong problem-solving abilities and the capability to clearly document processes and findings.


• General experience supporting systems or applications in a production environment.

What's in it for you?

• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!


• We provide you with the tools and technology needed to create beautiful customer experiences.


• You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world


• Onsite cafeteria.


• We offer a competitive total rewards package that includes a base salary, a performance bonus, company matching programs (pension & profit sharing), generous vacation, personal & sick days, personal development funding, maternity leave top-up, parental leave and much more.

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.