Technical Business Analyst (xVA Technology)

Scotiabank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

Scotiabank is seeking a Technical Business Analyst for the xVA Technology team. You will collaborate with business users, product teams and other tech groups to analyze requirements and create actionable specifications.

Responsibilities include modernizing legacy applications, extracting insights from data, and supporting multiple projects with on-call duties as needed. The role demands strong communication and problem-solving abilities.

Qualifications

• 1–3+ years of financial/IT experience.
• Knowledge of SDLC and data modeling.
• Strong problem solving and communication skills.

Responsibilities

• Collaborate with stakeholders to translate requirements into functional specs.
• Drive modernization of legacy applications to increase efficiency.
• Analyze data to extract insights and support data-driven decisions.
• Manage multiple projects and production or lower environment issues.

Skills

SDLC

Data modeling

Derivative pricing

Communication

Stakeholder mgmt

Project collaboration

Education

Undergraduate degree

Tools

Jira

Confluence

Excel

Visio

Job description

Title: Technical Business Analyst (xVA Technology)

Requisition ID: 274974

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

The Team

Scotiabank’s Information Technology and Solutions provides global technology solutions support to each of our core businesses - Domestic Banking, International Banking, Global Banking & Markets and Global Wealth & Insurance. Our technology-based solutions enable Scotiabank to achieve sustained profitable growth and a competitive advantage.

The Role

We are looking for a Business Analyst with our xVA Technology team to help move forward our strategy and vision. This is a key position in the Global Banking & Market Engineering team, responsible for supporting and delivering system solutions for Front Office, Middle Office, and Regulatory clients.

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

• Collaborate with key stakeholders, including business users, product team, managers, and other technology teams, to understand business requirements, processes, and objectives. Analyze and translate these requirements into actional plans and functional specifications.
• Drives modernization of legacy applications to increase efficiencies, harmonize the Bank’s solutions, as well as keep the Bank’s systems software currency maintained.
• Analyze data to extract insights, identify trends, and make data-driven recommendations throughout the course of business.
• Ability to work on multiple projects as a project team member and dealing with on & off hour production or lower environment support issues.

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

• 1-3+ years experience in financial/IT industry or relevant experience.
• Knowledge of system design, data modeling, and software development life cycle (SDLC).
• Possesses strong problem solving and analysis skills followed by good ability to evaluate alternatives and provide recommendations and solutions to complex and multi-dimensional problem.
• Excellent communication and interpersonal skills, to build consensus and obtain cooperation from stakeholders, as well as time management and organizational skills to effectively manage deliverables and planning of resources.
• Ability to work in a dynamic environment where processes and procedures are consistently refined.
• Ability to adapt and handle multiple tasks/competing priorities simultaneously.
• Knowledge of derivative instruments and their pricing theories
• Knowledge of market data elements and structures
• Knowledge of derivative trade life cycle
• Knowledge of commodity derivative products
• Experience with Jira, Confluence, Microsoft Excel, Microsoft Visio
• Under-graduate degree in Computer Science, Business Administration, or a related discipline.

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 everyone 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.
• 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(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 .