Technical Business Analyst - Blockchain

Scotiabank • Toronto, ON

2d • Onsite

About The Position

Scotiabank is building next-generation digital asset and programmable payments infrastructure and is seeking a Technical Business Analyst to drive changes across payments, blockchain, and digital asset operations. This role operates at the intersection of traditional financial systems and decentralized technologies, including Ethereum-based networks (public and permissioned), Layer 1 and Layer 2 architectures, and emerging DeFi protocols. The ideal candidate brings a POC-to-MVP-to-production mindset, working familiarity with token standards, custody models, and on-chain/off-chain integration patterns, and the ability to connect current-state payment, ledger, and operational models to tokenized deposit, stablecoin, and DeFi-adjacent capabilities. They will translate complex business, regulatory, and operational requirements into scalable solutions spanning core banking systems and blockchain-enabled platforms. The Technical Business Analyst will work closely with product, engineering, architecture, risk, compliance, and operations teams to ensure solutions are production-ready, scalable, and aligned with enterprise governance while supporting controlled experimentation and innovation.

Requirements

• Minimum 5 years in a technology analyst role within financial services with a strong understanding of real-time payments, cross-border settlement, core banking integrations, and data flows, reconciliations, and operational controls.
• Working knowledge of Ethereum and EVM ecosystems, including trade-offs between permissioned and public networks and Layer 1 vs Layer 2.
• Familiarity with token standards (e.g., ERC-20, ERC-721, ERC-1400/3643), wallet and custody models, and on-chain transaction lifecycles.
• Experience working across technology, risk, compliance, and operations stakeholders.
• Ability to work within ambiguous requirements and operate within structured SDLC and change management frameworks in regulated environments.

Nice To Haves

• Experience delivering initiatives on digital asset, blockchain, or tokenized deposits.
• Familiarity with DeFi protocols (lending, DEXs, staking) and enterprise applicability.
• Experience with institutional custody platforms and wallet infrastructure.
• Familiarity with regulatory testing, audit support, and issue remediation in initiatives under enhanced oversight.

Responsibilities

• Elicit, analyze, and document business, functional, and technical requirements across payments and digital asset initiatives, spanning POC through MVP to production.
• Translate business workflows, regulatory obligations, and operational controls into user stories, process models, and acceptance criteria.
• Document token lifecycle requirements (issuance, transfer, redemption, burn) and translate network design choices — permissioned vs public, Layer 1 vs Layer 2 — into business and control requirements.
• Analyze end-to-end transaction flows including settlement, on-chain/off-chain reconciliation, exception handling, and operational impacts.
• Partner with product, middleware, and blockchain engineering teams to ensure requirements are feasible, testable, and scalable, including wallet, custody, and key management integration.
• Collaborate with risk, compliance, legal, and operations stakeholders to align solutions with enterprise control frameworks, and support evaluation of DeFi patterns against enterprise risk.
• Support testing, release readiness, change management, and post-implementation validation; maintain documentation for operations, audit, and regulatory review.

Benefits

• 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.
• Opportunities for community engagement & belonging with our various programs.

What This Job Offers

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