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Business Analyst Specialist with Foreign Exchange Technology

Requisition ID: 105394Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


The Foreign Exchange Technology (FX) team supports Scotiabank’s Global FX business by providing functional and technical expertise in FX products and related internal and third-party applications.


The business analyst team acts as a liaison between business stakeholders and internal development groups, gathers robust requirements for enhancement/modification requests, recommends effective solutions for business and technology objectives, and conducts thorough testing of technology solutions. AS subject matter experts, the team also serves as an escalation point for production issues and assist other internal technology groups.




Key accountabilities:


Collaborate closely with internal stakeholders including business end users and upstream / downstream technology groups to gather comprehensive information related to problems, projects and requests
Participate in all aspects of a systems development life cycle within the development team  (Requirements Analysis, Design, Development, Test, QA, Data Lineage, Implementation and Support).Act as a liaison and primary communication channel between appropriate business line and development teams on requirements, issue resolution, status, project execution and prioritization.
Work closely with internal development resources as well as third-party vendor contacts to design and test creative and efficient solutions
Actively participate in or lead team stand-ups and scrums to ensure broad awareness of in-flight initiatives and coordinate work efforts
Manage functional and technical requests as well as bug investigations and discretionary work efforts using a variety of tools including JIRA, Confluence, and ServiceNow
Actively participate in improving team processes and workflows, with an emphasis on knowledge retention and intra / inter-team cooperation
Accountable for understanding all stakeholder needs, providing detailed product design specification by way of user stories and assisting in the prioritising of stories during Sprint planning.
Turn business requirements into technical specifications and other technical documentation (data transformations, design and operational support documentation).
Knowledge of bank’s products (i.e. capital markets and retail) and operational process and controls. Specifically, FX products, payment processing, and confirmations.
Fluent in Agile techniques and demonstrated experience in working within an agile environment, either as a product owner or as a team member.
Apply a variety of analysis tools to interpret data and identify patterns.




Functional Competencies:


3+ years of experience in capital markets business analysis role, specifically in Foreign Exchange
Practical technology project experience, as either a business analyst or a project manager
Strong working knowledge of industry trends and regulations
Effective written and verbal communication skills to bridge between technical content and business objectives
Strong functional knowledge of Foreign Exchange products, payments, and confirmations.
Strong understanding of trade lifecycle
Ability to work both independently with minimal supervision, and as part of a broader technology group




Post-secondary degree in a related field (technical or business)

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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