Title:  Senior Capital Markets & Reference Data Business Analyst

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 Senior Capital Markets & Reference Data Business Analyst with deep capital markets and market data expertise to support strategic initiatives by bridging complex business requirements with robust technical solutions. This role plays a critical part in the delivery and evolution of business‑critical market and reference data platforms that underpin trading, risk, regulatory, and analytics functions.

The successful candidate will bring strong domain knowledge across asset classes and market data vendors, combined with proven experience collaborating with technology teams, business stakeholders, and external data providers to deliver high‑quality, scalable, and compliant data solutions.

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

• Act as a liaison between business stakeholders, technology teams, and external vendors to drive the delivery of market and reference data solutions.
• Lead the elicitation, analysis, and documentation of business and functional requirements for market data, reference data, and instrument onboarding initiatives.
• Translate business needs into clear, actionable requirements and user stories that enable efficient technical design and delivery.
• Collaborate closely with development teams to ensure accurate implementation of requirements and alignment with business intent.
• Provide subject‑matter expertise on capital markets data, including security and instrument reference data, symbology, and vendor‑sourced market data.
• Support the analysis and integration of data from vendors such as Bloomberg and LSEG, ensuring correct usage, mappings, and controls are applied.
• Identify and drive process improvements across data sourcing, enrichment, quality control, and distribution workflows.
• Support testing, validation, and issue resolution to ensure the delivery of high‑quality, reliable, and compliant data management solutions.
• Partner with data governance and control teams to support data quality, lineage, and regulatory requirements.

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 a capital markets or financial services technology environment.
• Strong working knowledge of market and reference data, including industry standard identifiers such as CUSIP, ISIN, FIGI, and their lifecycle usage.
• Demonstrated understanding of multiple asset classes (e.g. Equities, Fixed Income, FX, Derivatives) and their associated static and market data attributes.
• Hands‑on experience working with major market data vendors such as Bloomberg and LSEG.
• Proven ability to work effectively with senior stakeholders, developers, and vendors in complex delivery environments.
• Strong analytical, documentation, and communication skills, with the ability to translate complex concepts into clear requirements.
• Experience supporting data‑driven platforms subject to regulatory, risk, and operational controls.

Preferred Qualifications

• Experience working with security master, asset control, or enterprise reference data platforms.
• Familiarity with data governance, metadata management, and data quality frameworks.
• Prior experience contributing to large‑scale market or reference data transformation initiatives.

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 each individual 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.

#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.