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Title:  Technical Business Analyst (Market Risk)

 

 

 

Requisition ID: 250046 

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

 

As part of the Market Risk Technology team, you will contribute to the enhancements of our consolidated market risk warehouse and limitmonitoring platform. You will help improve reporting and analytics capabilities and support the delivery of highavailability applications that meet Global Risk Management and regulatory requirements. 

 

This role offers an excellent opportunity to gain handson experience designing and building inhouse technology solutions while working in the fastpaced environment of capital markets trading and risk management. You will collaborate with stakeholders across Technology Functions, Risk Management, Trading Desks, Operations, and Financial Engineering to understand business needs and participate in the analysis and design of effective technical solutions. 

 

The Technical Business Analyst acts as a key liaison between business stakeholders and the technology team within the Risk Warehouse. The primary objective of this role is to translate business needs into detailed technical requirements. The mandate involves supporting the entire software development lifecycle, ensuring that solutions are designed, developed, and implemented to meet strategic business objectives and regulatory obligations. This position is responsible for requirements elicitation, solution analysis, and process improvement to enhance reporting and analytics capabilities.    

 

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

 

  • Contribute to the analysis, design, delivery, and testing of solutions that meet evolving business needs, including documentation of requirements and design decisions.  

  • Develop foundational design artifacts such as use cases, process models, and data flow diagrams to clearly articulate system functionality and endtoend workflows.  

  • Work with a range of technologies to implement new capabilities or enhance existing systems, ensuring strong integration across platforms.  

  • Partner with business stakeholders to identify technology solutions that align with strategic objectives and operational needs.  

  • Monitor applications, respond to user inquiries, and support the resolution of operational issues.  

  • Collaborate with technology teams to ensure application, integration, infrastructure, and security designs align with standards for reliability, scalability, performance, and availability. 

  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. 

  • Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. 

  • Champions a high performance environment and contributes to an inclusive work environment. 


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

 

  • A degree in Engineering, Computer Science, Finance, or a related field, with 5+ years of progressive IT experience.  

  • Strong understanding of capital markets products (FX, Fixed Income, Equity, Commodities) and familiarity with market data and security master data.  

  • Foundational understanding of market risk management concepts; knowledge of regulatory frameworks such as FRTB is an asset.  

  • Professional designations such as CFA or FRM are considered strong assets.  

  • Experience with both agile and waterfall delivery frameworks and practical knowledge of the software development lifecycle.  

  • Proven experience in requirements elicitation, analysis, solution design, and testing; familiarity with design techniques (Use Cases, Process Modelling, Data Flow Diagrams, Sequence Diagrams).  

  • Strong data analysis skills, including SQL and Excel.  

  • Experience with Unix and scripting languages (shell, Python) is an asset.  

  • Strong problemsolving abilities and the capability to clearly document processes and findings.  

  • General experience supporting systems or applications in a production environment. 

 

 

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! 

 

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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