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Title:  Senior Technical Business Analyst




Requisition ID: 182139

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


The Team 


The Derivatives Rates team provides both functional and technical solution to our core business globally – Global Derivatives and Risk Technology (GDRT). We’re made up of high performing, energetic, result-oriented and collaborative individuals who thrive in our dynamic and agile environment to deliver the best and strategic solutions to meet the needs from our business lines.


The Role


We are looking for a Senior Technical Business Analyst to help moving forward our strategic solution to maintain and enhance the modernized derivative trading platform and assist the team to complete the decommission of legacy derivative platform within committed timeline. This is a key position responsible for supporting and delivering system solutions for Front Office, Middle Office and other core business globally.


The incumbent is guided by Bank policy and receives broad direction from management and general direction from the Project Leaders/Managers for the project assigned. The incumbent is expected to function independently to identify opportunities for automation or efficiency, to introduce new technologies and to ensure that the department’s objectives are met.



  • Support the implementation of cost-effective applications to meet the business objectives by, providing detailed technical designs, investigating and recommending new technology. Ensure all applications developed have a high degree of integrity, reliability, and availability to meet the requirements of the online transaction processing environment.
  • Provide technical expertise, guidance, advise and knowledge transfer to all support staff on all aspects of client/server computing within a multi-protocol environment. The incumbent is also required to provide recommendations on departmental standards surrounding systems architecture, application development, systems integration, testing, as well as, performing reviews and walkthroughs of all major project deliverables to ensure the quality and completeness of functionality.
  • Provide production and user acceptance testing application support to the most complex technical problems on all applications that service each business unit by analyzing problems, implementing solutions and developing new procedures surrounding support.
  • Continuous enhancements to the in-house Derivatives platform stability and performance. Ensure that the stability and performance of Rates Derivatives Applications is continuously monitored and improved through regular enhancements to the applications set up.
  • Be the liaison with internal and external infrastructure providers. Ensure a high level of accountability in maintaining optimal performance and stability objective
  • Secure, control and enhance the process for the regular upgrades and security requirements set up.
  • Investigates holistic software problems and coordinates problem resolution with software vendors, hardware manufacturers, and/or appropriate in-house personnel.
  • Develops end to end design specifications and provides consultative guidance to software project teams on their execution.
  • Evaluates performance of software system and recommends changes to increase operational effectiveness.


  • Relevant degree and 2-3 years progressive IT experience, with emphasis on complex microservices application for capital markets.
  • Good knowledge of Rates Derivatives products (CFA L2 preferred) including end-to-end flows, calculations, valuations and related processes.


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. 
  • Remote-friendly work environment will provide you with the flexibility to perform at your best. 
  • 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! 





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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