Scotiabank

Senior Manager Business Analysis Equity Businesses

Toronto, Ontario, Canada

POSITION SUMMARY:

The incumbent is responsible for the resolution of complex, multi-dimensional business problems for Scotia Capital, Technology Application Group (TAG) - Equity Businesses. This includes managing major multi-disciplinary projects to implement solutions to business needs and providing ongoing support to all group trading and Integrated Support Services units worldwide.

The incumbent is guided by Bank policy and receives broad direction from the AGM or VP, Technology Application Group. The incumbent is expected to function independently to ensure that the department's objectives are met.

The incumbent supervises business analysts within the department, as well as business analysts, technical staff, and users on an individual project basis.

KEY ACCOUNTABILITIES:

• Independently resolve highly complex, multi-faceted problems to meet the business needs of Scotia Capital, Technology Application Group (TAG) - Equity Businesses, by applying advanced financial and technological knowledge to the design of methodologies, models, and/or systems solutions. This may involve rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables until a final production solution is created.
• Manage multi-disciplinary projects to implement solutions to business problems. This involves planning, securing, and scheduling resources, defining business requirements and processes, preparing business case proposals, developing testing, conversion, and implementation strategies, developing detailed project plans, monitoring progress against planned objectives, financial review, and securing consensus and co-operation from users and senior management.
• Provide business support to all global trading units across Canada, New York, London, and Singapore, including new and existing product and deal structuring, ad hoc queries and MIS, user training, and designing and implementing systems enhancements. This is made more challenging due to differences in time zones and the variation in the business lines.
• 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.
• Effectively manage and supervise business analysis staff by setting performance expectations, monitoring performance, and providing performance feedback including the preparation of performance appraisals, and as needed, providing counsel and coaching. This also includes assisting in the recruitment of qualified project management and business analysis staff.
• Strong understanding and experience in all aspects of Institutional Equities business including trading, sales, compliance, clearing and settlement activities in both the Canadian and U.S. markets.
• Demonstrated experience in the design and development of trade/cost reduction strategies including end-to-end streamlining of settlements processes.
• Extensive experience in business relationship management including senior business management, trading groups, technology groups, operations, and multiple vendor management.
• Extensive experience in the design and functionality of Order Management Solutions in the Institutional Equities business and integration with mid and back office fulfilment and risk management solutions.

QUALIFICATIONS:

• The incumbent must have advanced knowledge of many financial markets, financial instruments, ranging from derivative products to foreign exchange, including market conventions and valuation methods, risk management methodologies and models including best practices, performance measurement, current and anticipated 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, results-oriented, and highly motivated individual with excellent analytical skills in order to apply this knowledge to independently resolve complex business problems that are multi-dimensional.
• Further, the incumbent must be a strong leader with excellent interpersonal, communication, and negotiation skills in order to build consensus and obtain co-operation from both users and senior management. These skills, along with the incumbent's excellent time management and organizational skills, will allow the incumbent to manage multi-disciplinary projects while planning, securing, and scheduling resources, within those projects, to optimize productivity.
• The incumbent must also possess a very good understanding of current EDP practices, systems development techniques, real-time analytical and formal modelling tools, and keep current with rapidly changing technology to effectively apply technology to the solution of a business problem. This knowledge must also be applied to assist the AGM in establishing future technological directions for the Division.
• A recognized post-graduate degree in business, econometrics, mathematics or a related discipline, along with 6-8 years of practical experience is required.

EDUCATION AND ACCREDITATIONS:

• A recognized under-graduate degree in business, econometrics, mathematics or related discipline. 

The Technology Application Group (TAG) is a committed business partner to Scotia Capital, Integrated Support Services and Group Treasury, delivering technology services in three dimensions; business analysis, software development and production management. TAG's success is based on strong customer focus and a close relationship with each of its´ principle clients. TAG resources are knowledgeable in their fields of expertise and are viewed by the business lines as reliable advisors. The return on investment for TAG's clients is high quality service customized to their business objectives, delivered in a timely and cost effective manner.

The TAG department has a proven history of adopting best-of-breed technologies and implementing effective system solutions to meet critical business needs as well as developing a large percentage of its solutions in-house. What does this mean for you? You have the opportunity to partner with a business line and gain the in-depth knowledge you will need to successfully provide value added solutions.

The Scotiabank Group is an equal opportunity employer and welcomes applications from all interested parties. We thank you for your interest, however, only those candidates selected for an interview will be contacted.

No agencies please.