Scotiabank

Business Analyst Specialist (Collateral Management or World Markets)

Scotiabank • $75K — $95K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
6 days ago
Job Overview by Ladders

Qualifications

  • In-depth knowledge of collateral management and market practices, specifically Colline (Vermeg) and margining processes.
  • 5+ years of experience in Business Analysis, preferably within Capital Markets.
  • Conceptual understanding of platform design, data workflows, and processing capabilities, with a focus on documentation.
  • Proficient in data analysis and BI tools to support stakeholder decision-making.
  • Experience collaborating with business partners to document and prioritize business requirements; familiarity with Agile and SDLC practices is a plus.

Responsibilities

  • Promote a culture of client-centric values and integrity to enhance client relationships.
  • Facilitate collaboration between Operations Technology and GWO Collateral Management to drive efficiency.
  • Deliver Level 1 production support, including incident management, vendor coordination, and quality assurance testing.
  • Communicate upcoming changes and impacts to business lines, ensuring adequate resources for testing and implementation.
  • Maintain secure processing platforms in compliance with IT control and risk policies, addressing issues that threaten service delivery.
  • Collaborate with technology teams to implement system changes aligned with strategic goals and contribute to retrospectives for continuous improvement.
  • Assist in multi-disciplinary project delivery, ensuring compliance and timely completion under the Enterprise Delivery Framework.

Benefits

  • Commitment to diversity, equity, and inclusion through various Employee Resource Groups (ERGs).
  • Accessibility accommodations and dedication to creating an inclusive environment for all employees.
  • Opportunities for professional development through online courses and tuition assistance.
  • Competitive rewards program including flexible vacation and comprehensive benefits starting from day one.
  • Engagement opportunities such as hackathons and community programs promoting collaboration and belonging.
Full Job Description
Requisition ID: 266293

The Team

The purpose of the GCME Securities Operations Technology team is to provide technology support for the business applications and related processes and key technology vendors that underpin the activities of Global Wholesale Operations (GWO) globally. Domains include collateral management, new issue trading, and core Broadridge Book of Record and document management systems and their related interfaces. The team partners with GWO and other global and vendor partners in delivering Technology Change within defined risk and control frameworks.

The GCME Securities Operations Technology - Collateral Management Support team provides application L1 support and triage, production issue and incident management, vendor management, change management, business analysis and product Subject Matter Expertise support for change projects and User Acceptance Testing. Key supported systems are Colline and the Acadiasoft Relay service.

The Role

We are seeking a Business Analyst Specialist (Collateral Management or World Markets) to support Collateral Management platforms under the GBME Securities Operations Technology portfolio by ensuring specific individual goals, plans, and initiatives are executed and delivered. Supports the team's business strategies and objectives and the overall success of Technology for Global Banking and Markets. Ensures all activities are conducted in compliance with governing regulations, internal policies, and procedures.

The incumbent is responsible for ensuring steady state delivery of Colline and related application functions and deliverables within defined business SLOs and working closely with GTA and other Technology counterparts and GWO product owners to elicit, analyze and document business and technology requirements and execute on plans.

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

  • Consistently exhibit and promote our "ScotiaBond" culture and values (client-centric, with integrity, inclusion, and accountability) and related behaviours to deepen client relationships and "win as one team".


  • Support a partnership between Operations Technology and GWO Collateral Management that adds value to the delivery of GWO mandates, while encouraging and recommending efficiency improvements to operations.


  • Contribute to the delivery of Level 1 production support to global users, maintenance support (scheduled releases, regulatory changes, configuration updates), vendor management, system enhancements, production bug fixes, Quality Assurance testing (UAT), and resolution of complex operational/systems problems.


  • Keep appraised of scheduled releases ensuring the business lines are aware of coming changes and their impacts and scheduling to ensure sufficient resources/time is allotted for testing and implementation. Provide recommendations and guidance on client-initiated operational and system solutions ensuring that GCME and stakeholder interests are served.


  • Ensure the maintenance of stable and secure processing platforms per Bank IT control, information security and risk policies. Contribute to the delivery of solutions, with vendors and internal Technology partners, where issues or negative trends are identified that threaten defined SLAs.


  • Work in tandem with Scotia Technology teams and external service providers to deliver Change in accordance with agreed systems strategy. Contribute to sprint plans and retrospectives and help foster a learning mindset and culture of improvement.


  • Support parts of multi-disciplinary projects of varying size and complexity, ensuring regulatory, compliance, audit, client, and vendor issues are addressed and resolved, and project components are delivered on time, on budget and with quality. Support delivery of projects through the Enterprise Delivery Framework quality gates. Communicate status, risks, and issues to project and delivery managers proactively.


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

  • Candidates should have in-depth understanding of the collateral management domain and market practices, with experience of the Colline (Vermeg), Margining process (IM,VM,REPO) and other Capital Markets trading environments.
  • Candidates should have 5+ years of Business Analysis experience


  • Candidates should have conceptual understanding of platform design, data and workflows, and related processing capabilities, modules, and interfaces and be able to produce and maintain related documentation.


  • Candidates should have the ability to gather and analyze data from various sources and use BI tools to support decision making and present findings to stakeholders.


  • Candidates should have experience working with business partners to identify, assess, and document business requirements into Business Requirements Documents, recommending business priorities, and advising business on options, risks, and costs.


  • Prior experience with Agile delivery, Software Development Lifecycle (SDLC), JIRA, Change Management and Testing practices, and process re-engineering are assets.


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!


#LI-Hybrid

Location(s): Canada : Ontario : Toronto

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
Finance & Insurance
5 Year Trend
+7%
NASDAQ
BNS
* Ladders Estimates

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