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Scotiabank Business Analyst Specialist, Collateral Management and Funding Technology in Toronto, Ontario

Business Analyst Specialist, Collateral Management and Funding Technology

Requisition ID: 209139

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

The Team

Global Banking and Markets Engineering (GBME) is the fast-moving, award-winning technology engine that powers Scotiabank’s Corporate, Investment Banking, and Capital Markets businesses.

  • The team manages IT support and delivery for the Bank's collateral management operations across NorAm, UK, and LatAm geographies.

  • Project activities and support functions operate within an unstructured, rapidly changing environment with very tight deadlines where delays or errors can result in substantial losses. New systems, procedures, conventions and continual changes in technology and the securities industry cause a high frequency and degree of change within operations, thereby increasing stress.

Purpose

  • Contributes directly to the support of Collateral Management platforms under the GBME Securities Operations Technology portfolio by ensuring specific individual goals, plans, and initiatives are executed and delivered. Supports the team’s business strategies and objectives and the overall success of Technology for Global Banking and Markets. Ensures all activities are conducted in compliance with governing regulations, internal policies, and procedures.

  • The purpose of the GCME Securities Operations Technology team is to provide technology support for the business applications and related processes and key technology vendors that underpin the activities of Global Wholesale Operations (GWO) globally. Domains include collateral management, new issue trading, and core Broadridge Book of Record and document management systems and their related interfaces. The team partners with GWO and other global and vendor partners in delivering Technology Change within defined risk and control frameworks.

  • The GCME Securities Operations Technology – Collateral Management Support team provides application L1 support and triage, production issue and incident management, vendor management, change management, business analysis and product Subject Matter Expertise support for change projects and User Acceptance Testing. Key supported systems are Colline and the Acadiasoft Relay service.

Accountabilities

  • Consistently exhibit and promote our “ScotiaBond” culture and values (client-centric, with integrity, inclusion, and accountability) and related behaviours to deepen client relationships and “win as one team”.

  • Support a partnership between Operations Technology and GWO Collateral Management that adds value to the delivery of GWO mandates, while encouraging and recommending efficiency improvements to operations.

  • Contribute to the delivery of Level 1 production support to global users, maintenance support (scheduled releases, regulatory changes, configuration updates), vendor management, system enhancements, production bug fixes, Quality Assurance testing (UAT), and resolution of complex operational/systems problems.

  • Keep appraised of scheduled releases ensuring the business lines are aware of coming changes and their impacts and scheduling to ensure sufficient resources/time is allotted for testing and implementation. Provide recommendations and guidance on client-initiated operational and system solutions ensuring that GCME and stakeholder interests are served.

  • Ensure the maintenance of stable and secure processing platforms per Bank IT control, information security and risk policies. Contribute to the delivery of solutions, with vendors and internal Technology partners, where issues or negative trends are identified that threaten defined SLAs.

  • Work in tandem with Scotia Technology teams and external service providers to deliver Change in accordance with agreed systems strategy. Contribute to sprint plans and retrospectives and help foster a learning mindset and culture of improvement.

Skills and Experience

  • Candidates should have in-depth understanding of the collateral management domain and market practices, with experience of the Colline (Vermeg) application and other Capital Markets trading or operations environments an asset.

  • Candidates must have strong collaborative, written and interpersonal communication, facilitation, and presentation skills, supported by well-developed analytical competencies.

  • Candidates should have conceptual understanding of platform design, data and workflows, and related processing capabilities, modules, and interfaces and be able to produce and maintain related documentation.

  • Candidates should have the ability to gather and analyze data from various sources and use BI tools to support decision making and present findings to stakeholders.

  • Candidates should have experience working with business partners to identify, assess, and document business requirements into Business Requirements Documents, recommending business priorities, and advising business on options, risks, and costs.

  • Candidates must have good time management and organizational skills to effectively manage support and project demands concurrently.

  • Candidates must be able to show initiative, commitment, and motivation to investigate, analyze, problem solve and recommend solutions in the absence of established precedents.

  • Candidates must be able to work independently using initiative and good judgement.

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.

  • 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!

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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, pleaseclick here (https://www.scotiabank.com/careers/en/careers/technical-support-for-applicants.html) . 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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