Senior Analyst, Product Strategy, Scotia iTrade

Scotiabank•Toronto, ON

3d•Onsite

About The Position

Scotia iTRADE is seeking an innovative, client-focused, results-oriented, and highly motivated Product Analyst to join the Product Strategy team. This role offers exciting opportunities and responsibilities including business & competitive analysis, strategic pricing reviews, and leveraging market research and analytics for innovation and market differentiation to drive business growth & client engagement. The incumbent will support product, channel, and technology solutions to enhance the client experience and ensure targets are met. Experience with the product development process, supporting analysis for compelling business case proposals, and launching innovative solutions is expected. Additionally, the role involves analyzing end-to-end processes related to market data and assessing third-party costs to optimize the cost structure. The ideal candidate possesses sound knowledge of technology & trends, solid analytical skills, strong business acumen, strategic focus, planning skills, and an understanding of the Fintech space. Diplomacy, judgment, and persuasion are expected to secure consensus and cooperation from senior management, operational and front-line teams, vendors, and other Wealth Management stakeholders. This role acts as a key support resource for the product team to conceptualize and plan business solutions to advance iTRADE in the marketplace, assess vendor new offerings, and manage existing vendor and supplier relationships. The Product Analyst will collaborate with Product Managers, as well as colleagues in marketing, client analytics, U/X & Design, sales, and service.

Requirements

Bachelor’s degree in a Business, Marketing, Product Management & Administration, Technology or the equivalent combination of education, training, and experience.
2-3+ years’ experience working as a Product Analyst or in a brokerage environment.
Knowledge of the investment landscape, vendors and competition, with a specific focus on the financial services industry.
Understanding of new and emerging web/mobile technologies and digital trends.
Sound critical thinking and business analysis skills.
Experience with financial modelling, along with excellent business acumen, strategic thinking and planning skills.
Ability to think strategically while working tactically.
Demonstrated ability to persuade, negotiate and diplomatically communicate, both verbally and in writing.
Experience presenting to senior management.
Ability to translate and explain technical information to non-technical employees to all levels of management.
Ability to multi-task and deliver under tight deadlines, with limited resources and competing priorities.
Excellent relationship building capabilities with partners both internal and external to the organization.

Nice To Haves

Previous experience in product management preferably within the financial, retail banking industry and/or online brokerage or tech company.
Proven experience serving as a lead role or subject matter expert on cross-functional digital initiatives.
Experience with both waterfall and agile methodologies.
Experience and/or demonstrated ability to apply business analysis skills and financial acumen within a business and product unit – outside of a financial or account functional area.

Responsibilities

Assist in researching the industry, market trends, client surveys, and product offerings to identify new product offerings (features, functionality, tools & content) and digital strategies that enhance the client experience or support business objectives – and help prepare business cases and business plans.
Work with Product Managers to help monitor competitor product and marketing activity and maintain awareness of regulatory and industry-wide trends and opportunities, including new product enhancements, industry trends, and competitive pricing changes.
Help support Product Managers and the Product management team in evaluating business opportunities by developing business cases that analyze potential impact on the business based on key performance metrics, major risks, market research, and internal and external benchmarks and trends.
Work with senior management, operational, and front-line teams, vendors, and other Wealth Management stakeholders.
Support the assessment of vendor new offerings and help to manage existing vendor and supplier relationships.
Responsible for regulatory activities related to market data in reporting all quote metering volumes on a monthly basis to all North American Exchanges for Scotia iTRADE’s online investing platforms.
Accountable for documenting, reporting, and processing all 3rd party supplier invoices for Scotia iTRADE and working with Finance partners as needed.
Translate complex datasets into clear, actionable insights that inform product decisions. Collect, clean, and analyze structured and unstructured data; identify trends, patterns, and opportunities; and communicate findings through dashboards, reports, and storytelling to drive measurable business outcomes.
Leverage AI tools and large language models (LLMs) to accelerate analysis, automate workflows, and enhance insight generation. Apply effective prompt engineering techniques and critically evaluate outputs to ensure accuracy, relevance, and business value.
Help support the evaluation of our current product offerings and pricing model; recommend and develop KPIs and reporting to support new initiatives.
Work with internal partners and stakeholders from across the organization to ensure the success of the digital product and program offerings. This includes working with teams to develop plans to enhance usage, experience, and client satisfaction; managing enhancements to improve risk controls, and ensuring operational components are managed effectively.