Scotiabank

Technical Business Analyst (Market Risk)

Scotiabank$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Engineering, Computer Science, Finance, or a related field with 5+ years of IT experience.
  • Strong understanding of capital markets products (FX, Fixed Income, Equity, Commodities).
  • Foundational understanding of valuation and market risk management concepts; knowledge of frameworks like FRTB is a plus.
  • Professional designations such as CFA or FRM are strong assets.
  • Proficiency in agile and waterfall delivery frameworks and the software development lifecycle.
  • Experience in requirements elicitation, analysis, solution design, and testing using design techniques (Use Cases, Data Flow Diagrams).
  • Strong data analysis skills including SQL and Excel.

Responsibilities

  • Contribute to the analysis, design, delivery, and testing of high-availability solutions for business needs.
  • Develop foundational design artifacts like use cases and process models to detail system functionality.
  • Implement and enhance new capabilities across various technologies, ensuring adherence to best practices.
  • Collaborate with business stakeholders to align technology solutions with strategic objectives.
  • Take ownership of deliverables, managing competing priorities effectively.
  • Monitor applications and resolve user inquiries related to production issues.
  • Ensure application and integration designs meet established standards for reliability and performance.

Benefits

  • Inclusive and collaborative working environment that fosters creativity and success.
  • Access to tools and technology for creating exceptional customer experiences.
  • Opportunity to work with and learn from leaders with diverse backgrounds in technology.
  • Onsite cafeteria services available.
  • Competitive total rewards package including salary, performance bonus, pension matching, and generous leave policies.
Full Job Description
Requisition ID: 266147

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

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
5 Year Trend
+7%
NASDAQ

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