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Title:  Senior Business Solutions Analyst - WM - Hybrid Toronto

 

 

 

Requisition ID: 141374

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

 

Wealth Management Operations - Portfolio Administration 

 

This position is hybrid and requires to work from our Toronto downtown office 2-3 days a week.

 

Purpose 

The Sr. Business Process Solutions Analyst promotes operational efficiencies and risk mitigation by working with the Portfolio and Fund Administration units, and relevant project teams, to create and deliver optimal process solutions to businesses, through gathering, researching and analyzing business requirements.

S/he is required to take a leadership role in solution development and project management.

 

Accountabilities

Accountabilities for the role include support and development (coding, process changes) activities for applications/macros that are used by the Portfolio and Fund Administration (Fund Accounting, Reporting, Tax, Trust, Oversight) teams, as well as other internal departments within the Bank as required.  

•    Responsible for gathering, analyzing, identifying and documenting “current state” (As Is) where required, or validating and updating existing documentation, in an effort to provide solutions to business issues/needs; Analyzes requirements and their impact to the system

•    Supporting of IBOR system (SimCorp Dimension) and other technology solutions for the Business through: 


1.    Ensuring that requirements are effectively documented
2.    Liaising with business area leaders in order to ensure that objectives are clear.
3.    Provide guidance to business stakeholder groups and to vendors during requirements and design phases of project(s).
4.    Ensure that solutions proposed meet business needs and user needs in terms of functionality and business process workflow. 
5.    Support testing phases as required.
6.    Support end user training 


•    Works with other team members to develop and enhance application software to satisfy business requirements
•    Lead in coding, debugging  and testing software enhancements within the business environment; completes code changes as necessary to meet the requirements
•    Actively designs, builds, implements and supports process efficiency changes.
•    Develops and communicates technical systems and application standards and ensures compliance with requirements
•    Executes unit tests to ensure the accuracy of code changes
•    Assist in troubleshooting application issues such as the applications used by the business users  
•    Troubleshoot technical issues and identify modifications needed in existing applications to meet changing user requirements. 
•    Create design documents, conduct design and code reviews, write code, develop unit tests, debug defects, in an efficient process  
•    Maintain strong relationships with internal business partners to understand their business needs, manage expectations, and assist in gap analysis; 
•    Coordinate and conduct walk-throughs of business specification documents with the Business owners for sign off and acceptance; 
•    Participate in user acceptance test documentation, sample generation, planning and executions; 
•    Act as intermediary between business and systems groups, translating business objectives as well as functional and user requirements into business requirements and creating acceptable documentation; 
•    Responsible for ensuring final product meets the business needs as outlined in the requirements documents; 
•    Identify potential issues/problems, and act to resolve them in a timely fashion to mitigate financial and non-financial risks; knowledge of required internal controls and segregation of duty requirements; 
•    Identify process improvements in order to increase operational efficiencies and mitigate risk; 
•    Provide leadership, expertise and guidance on good development practices  
•    Provide guidance and mentoring to less-experienced staff members  
•    Participate in conference calls, meetings and other communications with the other stakeholders for various projects  
•    Supports the daily operations of the fund administration team and accounting systems
•    Other duties may be assigned, as necessary.  Multi-task and manage your own time schedules.

 

Education/Work Experience

Minimum requirements include: Degree and/or Diploma, preferably with a specialization in Finance, Business or Computer Science, 3+ years of relevant securities industry experience, Canadian Securities Course (CSC) or actively pursuing, Derivatives Fundamentals Course (DFC) or actively pursuing.  
•    General knowledge of financial investment principles, procedures and regulations; 
•    Minimum 3-5 years of experience gathering, defining and documenting business requirement deliverables for Portfolio and Fund Administration processes in an asset management back-office; 
•    Advanced skill level of MS Office programs - particularly Excel and Access
•    Advanced experience in these tools: Microsoft Excel add in source code (VBA) with good working knowledge of SQL and SQL Server applications
•    1-2 years of experience with Simcorp Dimension is required
•    Oracle database and data mining experience required 
•    Experience in effectively providing leadership to team on projects by setting performance expectations, monitoring performance, providing performance feedback including performance appraisals (as needed), and providing coaching.
•    Ability to work independently and cooperatively within a team environment; Team-oriented and positive (can do) attitude is essential; 
•    Excellent analytical, organizational and problem-solving skills; 
•    Ability to work under pressure in a fast-paced environment; 
•    Strong interpersonal and communication skills; 
•    Training and presentation experience preferred; 
•    Strong accounting skills preferred;
•    Crystal Reports development experience is an asset
•    Understanding of financial applications such as Charles River, MCH, IFAST, CRM is an asset; and 
•    Completion of CSC or IFIC an asset.

 

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.


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