Title:  Business Analyst Specialist (Market Data)

Requisition ID: 256331 

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

The Team

The Centralized Market Data team is responsible for delivering financial market data (e.g., Equities, Fixed Income) to trading and risk management solutions within the Bank. The successful candidate will join a highly skilled group focused on extracting, integrating, and optimizing financial data feeds for the Asset Control Platform

The Role:

We are seeking a seasoned Business Analyst Specialist who will immediately contribute to strategic initiatives by bridging business requirements and technical solutions. The analyst will collaborate with developers, stakeholders, and vendors to ensure the effective delivery of business-critical market data solutions. This role involves driving process improvements, gathering and documenting requirements, and supporting the team in delivering high-quality, compliant data management systems.

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

• Quickly assess and understand business processes and data needs for market data ingestion, transformation, and delivery.
• Lead requirements gathering sessions with stakeholders to document business, functional, and non-functional requirements for data integration projects.
• Translate complex business requirements into detailed specifications for developers, ensuring alignment with regulatory and organizational standards.
• Collaborate on the design and enhancement of data models and loaders within the Asset Control Platform.
• Develop and maintain process flows, documentation, and data dictionaries for all market data and related systems.
• Work closely with vendors (Bloomberg, Reuters/Datascope, ADP) to validate data feeds and resolve issues.
• Perform gap analysis and recommend solutions for process and system improvements.
• Coordinate and support user acceptance testing (UAT), ensuring all deliverables meet business expectations and compliance requirements.
• Monitor and report on data quality, collaborating with technical teams to resolve defects quickly.
• Support production implementations, including change management and post-deployment reviews.
• Facilitate training and provide ongoing support for users at all levels.

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

• Extensive experience as a Business Analyst in financial market data environments, with a proven ability to deliver results from day one.
• Strong background in enterprise data management solutions (e.g., Asset Control, GoldenSource, IHS Markit/S&P Global, Xenomorph).
• Expertise in requirements gathering, documentation, process mapping, and data analysis for banking, trading, or risk management systems.
• Proficiency with data warehouse concepts, ETL processes, and integration of vendor data feeds.
• Solid understanding of market data vendors and feeds (Bloomberg, Reuters/Datascope).
• Ability to develop and execute test cases for data quality and system functionality.
• Attention to detail and ability to provide rapid feedback on dashboards and reports.
• Experience working in Agile and Waterfall SDLC environments.
• Knowledge of databases, data modelling, and business process design.
• Familiarity with REST APIs and integration concepts is an asset.
• Experience supporting production deployments and providing post-implementation support.
• Knowledge of banking and risk management systems is preferred.

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 

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.