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Title:  Lead Business Analyst (Retail Banking Investment Products & Applications)



Requisition ID: 44237


Join the Global Community of Scotiabankers to help customers become better off.



Investment Systems Solutions provides stewardship for the end to end design of the Investment Platform application from an application and infrastructure perspective. The Investment Platform is a core banking system which provides transactional support and record keeping for cash, GIC’s and Mutual Funds on behalf of Retail Deposits, Scotia Securities and Scotia Asset Management.


Reporting to the Senior Manager Development, the Lead Business Analyst (Lead BA) has strong business analysis and technology skills, and applies their knowledge of financial products and the Investment Platform application to conduct the research and analysis required to create complex functional specifications.


Additionally, as active participants in the Quality Assurance (QA) process through testing or supporting Quality Assurance Testing (QAT) and debugging of new packaged solutions or enhancements to the existing application.


When required, the Lead BA must be willing to travel to meetings at the bank’s IT campus in Scarborough.  Scotiabank does provide a shuttle service to & from the IT campus.




1. Research and analysis leading to the completion of functional specifications documents.

2. Independently resolving and documenting complex problems to meet business needs.

3. Collaborating with business partners and development or QAT colleagues with a continual focus on Customer Success.

4. Creating, documenting and executing test strategies/test functions/test cases and/or supporting QAT through the testing cycle.

5. Continually acquiring and enhancing knowledge of business strategies, policies, product offerings, financial instruments and regulatory industry changes.

6. Leading walkthroughs of functional specification documents.

7. Providing guidance and advice to developers to meet project objectives.

8. Understanding interfaces with current Bank systems.

9. Actively participating in the systems implementation process.




• Must have at least 7 years of progressive working experience with technical business analysis in a Waterfall / Software Development Life Cycle (SDLC) environment.

• Must possess excellent problem solving skills and an innovative approach to solutions with the ability to convey these ideas.

• Must possess excellent analytical skills and apply the knowledge acquired to assist in the resolution of business problems.

• Must possess strong working experience or knowledge of investments in retail banking, the applicable regulatory bodies, as well as registered and non-registered plan account types.

• Must possess excellent interpersonal skills with strong written and verbal communication skills.

• Must possess effective time management and organization skills.

• Must possess the ability to use diplomacy, judgment and persuasion to secure agreement and co-operation from business users and a dynamic project team.

• Possess the following qualities: creative, self-starter, results-oriented, highly motivated, pro-active, customer-focused and attentive to detail.

• Working experience in the financial services industry or with Core Banking applications is an asset.

• Exposure to working in an Agile environment would be an asset.

• An asset to have a background with QAT + work with SQL & XML files.




• Bachelor’s degree in business, economics, mathematics or a related discipline.


Location(s):  Canada : Ontario : Toronto

As Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. 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. Candidates selected for an interview will be contacted directly.  If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.

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