Business Systems Analyst, Market Risk

Scotiabank • Toronto, ON

23h • Onsite

About The Position

The GFRT – Global Finance Risk Technology team supports trade flow risk management and other middle office teams. The group is responsible for the onboarding and ongoing monitoring of IRIS, a centralized solution for calculating and reporting Independent Price Verification (IPV) P&L impact and Bid-Offer Reserves for all business lines. IRIS calculates IPV/Bid-Offer reserves in line with Official Rate Source Documents and provides workflow capabilities to ensure accurate and consistent representation of IPV results to Risk Management, Front Office, Product Control, and the valuation committee for ledger recording. The successful candidate will have an opportunity to join an exciting team that requires not only a strong BA, but a problem solver who will use new technology to leave a lasting impact for Risk Technology groups at the bank.

Requirements

• Bachelor's degree in a business or technical fields such as computer science, computer engineering, or related field required
• 5 years’ Business Analysts experience within the Capital Markets field, ideally within Market Risk
• 5 years’ BA experience gathering requirements, designing methodologies, building test cases, executing tests, and supporting production systems.
• Strong SQL skills required – min 5 years’ experience (contractor should be able to run queries easily and update if needed)
• Excellent communication and presentation skills to manage stakeholder relations, and team-player who can work with cross-departmental teams
• working experience in an agile environment.
• About 30% of the role would involve some form of Production Support: every team member does this rotation following an Agile model and will be required before going to production –if full automation no more issues, then this will be minimized

Nice To Haves

• Excellent team player by working with cross-departmental business & IT stakeholders, ability to manage conflicts
• RiskWatch experience or similar products.
• Recent (within last 3 years’) real-time analytical and formal modeling tools and keep current with rapidly changing technology.
• Kafka, Elastic Search – data is published to Elastic Search (just to have JSON Structure) don’t need expertise in that
• The successful candidate will be a strong problem solver. They will be evaluating how to approach codes and errors within them. The logical reasoning behind the code is key to success in this role.

Responsibilities

• Manage, analyze and document detailed-level business and functional requirements (relating to data, business rules, calculations, report outputs) utilizing relevant requirement artifacts.
• Lead and conduct workshops to facilitate requirements gathering and discovery.
• Work closely with stakeholders to assess the current and future states and perform detailed gap analyses.
• Identify upstream and downstream dependencies.
• Produce breakdown of effort estimates for analysis and requirements-related activities.
• Provide hands-on support during various cycles of testing, including Functional Testing, Quality Assurance, Systems Integration Testing, and User Acceptance Testing.
• Actively contribute to process re-engineering and process improvement.
• Resolve complex, multi-faceted problems to meet the business needs of Global Banking & Markets by applying financial and technological knowledge to the design of systems solutions, methodologies, and/or processes.
• Conduct research and analysis, accurately and clearly define user requirements and processes, and liaise with users.
• Be flexible and thrive in an evolving environment.
• Adapt to change quickly and adjust work accordingly in a positive manner.

Benefits

• competitive total rewards package that includes a base salary, a performance bonus, company matching programs (pension & profit sharing), generous vacation, personal & sick days, personal development funding, maternity leave top-up, parental leave and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level