Business Systems Analyst with Equities

Scotiabank • Toronto, ON

43d • Hybrid

About The Position

This role contributes to the Global Regulatory & Controls Technology Department, focusing on US-specific goals and initiatives within Trade Surveillance and Regulatory Reporting. The Business Systems Analyst (Equities) will work closely with the Scotia GBM Compliance team and Front Office/Trading Desk personnel in the US and Canada, assisting in responding to regulatory inquiries and ensuring technology activities comply with regulations and internal policies. The position supports a customer-focused culture, requiring experience in Capital Markets, understanding of US market structure, and the ability to articulate the impact of regulations on technology systems. Proficiency in SQL, JSON, FIX protocol, scripting, Excel, and pivot tables is essential for supporting daily activities. Knowledge of key US regulatory reporting, including ISG Electronic Blue Sheets, FINRA CAT and CAIS, Large Trader Reporting Rule, Rule 606 Best Execution Disclosure, LOPR, FINRA ACT, and TRACE reporting, is preferred. The role involves leveraging communication and project management skills to interact with business and technology stakeholders, managing vendor relationships, overseeing Trade Surveillance platforms, and providing technology support for Compliance solutions. Ensuring management is informed of issues and escalating problems appropriately is also a key responsibility. The role champions a high-performance environment and fosters an inclusive culture.

Requirements

• 5- 7 years of Technical Business Analysis experience.
• 3- 5 years of Capital Markets Applications technology experience.
• 3+ years of Equities trading or other Capital Markets instruments product knowledge and or experience required
• Experience and ability to work with and support Front Office/Trading Desk end users
• 5+ years of experience with SQL scripting and 3+ years of Python Programming is required
• Previous hands-on experience working with Compliance and regulatory reporting is required.
• Regulatory space experience (minimum 2 projects) within Equities, and preferably have worked on the technical implementation of US regulations

Nice To Haves

• Good overall understanding of US market structure, along with the ability to articulate the implementation impact of proposed regulations and other market structure changes on Technology systems and processes.
• Should know SQL, JSON, FIX protocol well. Scripting knowledge, proficiency with Excel, and pivot tables is key to implementing and supporting BAU activities.
• It is preferred that the incumbent have knowledge in several key regulatory reporting in US, and preferably has worked on the technical implementation of US regulations, including: ISG Electronic Blue Sheets, FINRA CAT and CAIS (Reference Database,) Large Trader Reporting Rule (SEC Rule 13h-1), Rule 606 Best Execution Disclosure, LOPR, FINRA ACT and TRACE reporting.
• Experience with US-based vendors, including Broadridge (strongly preferred), Fidessa, and n-Tier would be advantageous.
• Previous experience working with software/ Application vendor partners, including Broadridge (strongly preferred), Fidessa, and n-Tier would be advantageous.

Responsibilities

• Supports a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Work with data (trade, market, and reference data) comfortably and proficiently on an ad-hoc basis.
• Leverage communication skills and strong project management skills, interact frequently with Business and Technology stakeholders, and chair regularly scheduled project meetings with stakeholders in US Compliance and with other Technology groups within Scotiabank.
• Engage software vendors effectively and develop strong partnerships with the vendors, to ensure consistent, steady support and add value for the Compliance and Business end users in the US.
• Oversee the implementations and Technology support of Trade Surveillance platforms, and Trade Surveillance Reports, ensuring Data Quality across all platforms.
• Provide technology support to Business lines for Compliance Technology solution(s), including ad hoc queries, user training, and designing and implementing systems enhancements.
• Ensure that management is kept informed of issues and activities and that problems and issues are escalated appropriately.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Benefits

• Diversity, Equity, Inclusion & Allyship
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed