Business Solutions Expert with Trading Systems (trade Capture and trade life cycle)

Title: Business Solutions Expert with Trading Systems (Trade Capture and Trade Life Cycle)

Requisition ID: 213265

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 Role

GBME is searching for a Business Solutions Expert to liaison between business stakeholders and internal engineering and architect teams, ensuring solutions are developed and delivered on time, efficiently and with high quality for various projects within GBME.

The successful candidate will have a results-oriented and curious mindset with strong technical skills. You will work closely with cross-functional teams, including engineers, solutions architects, and business teams to develop and implement market-leading solutions that are scalable and deliver excellence and value to our business partners and customers.

Brief Description of Initial Project:

Scotiabank is working on one of the major re-platforming projects DPM. The project goal is to move trading capabilities from the existing Legacy application to the new application.

Key Skills/Experience Required for Project:

• Experience in capturing business requirements for building a Derivatives Products Trading Application covering Trade Capture, Integration with Pricing Models.
• Familiar with Trade Life Cycle for derivative products events such as Amend, Unwind, Rate Reset or Fixing Process and Realized Cashflows.
• Advanced Knowledge of derivative financial instruments such as Interest Rate Swap, Equity Total Swaps, Equity Options, Equities, and Bonds.
• Strong knowledge in market data used to price derivative instruments.
• Familiar with end-to-end trade workflows among the Front, Middle, and Back Offices systems.
• Knowledge of structured products such as Auto Callable Note is an asset.

As part of the role, you’ll:

• Demonstrate an informed knowledge of business functions to resolve problems and capitalize on improvement opportunities.
• Ensure business specifications/requirements documentation is accurately prepared and comprehensive to support sizing/development efforts and as input to various project documentation.
• Develop and deliver Business Requirements Documents, Design Documents, Use Cases, and Process Models as required.
• Participate in the development of detailed project plans, the monitoring of progress against planned objectives, the financial review, and securing consensus and cooperation from users and senior management.
• Work closely across GBME technology teams during all stages of the system development life cycle and bridge the gap between business and technology sides of the solution.
• Liaise between the business community and the IT organization to provide technical solutions that meet user needs.
• Build relationships and communicate effectively with colleagues in Global regions.
• Support production issues and handle escalations during Release cycles as needed.
• Perform ad hoc work as needed.

Minimum Qualifications:

• 5+ years practical experience and product business knowledge in capital markets.
• Must have experience in capturing business requirements for building a Derivatives Products Trading Application covering Trade Capture, Integration with Pricing Models.
• Familiar with Trade Life Cycle for derivative products events such as Amend, Unwind, Rate Reset or Fixing Process and Realized Cashflows.
• Advanced Knowledge of derivative financial instruments such as Interest Rate Swap, Equity Total Swaps, Equity Options, Equities, and Bonds.
• Strong knowledge in market data used to price derivative instruments.
• Familiar with end-to-end trade workflows among the Front, Middle, and Back Offices systems.
• Minimum 3 years’ working knowledge of databases such as SQL Server, with ability to create and run queries independently.
• Experience working with all phases of SDLC (Software Development Life Cycle).
• Proficient with SQL queries, PL/SQL, and SQL Loader - or equivalent.
• Ability to adapt quickly to new processes and standards, with a strong commitment to providing exceptional customer service.
• Solid presentation and demonstration experience.
• Proven ability to translate business requirements into technical specifications and deliver working results.
• A recognized undergraduate degree or diploma in business administration, computer science or related field required.
• Excellent working experience of Microsoft suite of products (Word, Excel, PowerPoint, Project).

Preferred Qualifications:

• An understanding of the Bank’s application system and software from a business/technical viewpoint is required to assess the impact of development and/or changes to the overall data processing environment.
• Experience managing projects that span change in front, middle or back-office systems and teams.

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.
• 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.
• 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.

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.

If you require accommodation during the recruitment and selection process, please let our Recruitment team know. 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.