
Business Solutions Expert
City : Toronto, ON, CA, M5H1H1
Category : IT Business Analysts
Industry : Finance
Employer : Scotiabank
Requisition ID: 178057
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Team
The Global Banking and Market Technology Team is looking for an energetic and result-oriented Business Solutions Expert to lead major multi-disciplinary projects and deliver solutions to solve complex business problems.
The Role
The role is a key position in the GBME - derivatives technology team. The incumbent will work closely with business stakeholders in front office, Middle office, risk management, operations as well as technology partners to understand business requirements and drive the analysis and design and delivery of quality technical solutions to support the business needs. The incumbent will also be responsible to provide guidance to business analyst and project staffs.
Responsibilities:
- Lead and drive the implementation of technology solutions and enhancements for derivative platform using new technologies and tools that best support the diverse business needs and strategy.
- Manage small to large multi-disciplinary projects to solve complex business problems. This may involve planning, defining business requirements and processes, prerparing effort estimates and business case proposals, developing testing and implementation strategies and required documentations, developing plans, monitoring progress against planned objectives, and securing consensus and co-operation from users and senior management.
- Manage and provide business support for derivatives business globally, this may include system integration, perform analysis, ad-hoc queries, user training. designing and implementing system enhancements.
- Collaborates with multiple technology groups and vendors to ensure that the application, integrations, infrastructure and security architectures are designed to meet evolving business requirements, meet standards for reliability, scalability, performance and availability and align with the Bank’s Technology roadmap
- Effectively communicate and build rapport with all team members and stakeholders including various technology teams and vendors. Continuous building and maintaining strong working relationship with business stakeholders, and partner with them to help drive the strategy of the department.
- Provide coaching, guidance and leadership for the team, and assist Director/Sr. Manager in resource management and recruitment and provide input into team member performance and development plans.
- Continually acquire and enhance knowledge of the Division's business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing technology to be able to provide effective business solutions and services to the end user business lines.
Qualifications
- Have relevant IT and industry work experience in Capital Markets
- Advanced knowledge of major financial markets, financial instruments ranging from OTC derivative products to foreign exchange, including market convention and valuation methods, risk management methodologies, regulatory requirement, Back Office processes, and the end-to-end workflows among the Front, Middle and Back offices.
- The incumbent must be a creative, self starting, result-oriented, customer focused and highly motivated individual with excellent analytical skills in order to apply the knowledge to independently resolve complex business problems that are multi-dimensional.
- Strong problem solving and analysis skills followed by good ability to evaluate alternatives and provide recommendations and solutions to complex and multi-dimensional problem.
- Must process a solid understanding of system development lifecycle and agile delivery methodologies and able to keep current with rapidly evolving technology to effectively apply knowledge to the solution of a business problem.
- Have previous experience managing or coaching business analysts
- Must have excellent communication and presentation skills, and able to manage stakeholder relations and work with cross -departmental teams effectively
- Experience with systems design and specification for large scale applications
- Experience in data analytics – experience using Python, SQL, and Elasticsearch
- In-depth knowledge of derivatives products on interest rates, equity, credit and FX and understanding of complex non-vanilla products and operation process would be an asset.
What is 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.
- Dress codes don't apply here, being comfortable does.
- 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.
#LI-Hybrid #CapitalMarketTech
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. 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.