Manager, Business Analysis
POSITION SUMMARY:
The Manager, Business Analyst - Market Risk is responsible for the leadership and management of the resolution of complex business problems within Scotia Capital on a global basis. This includes managing major multi-disciplinary projects, support and on-going business initiatives to implement cost-effective solutions to business needs worldwide. The incumbent is also responsible for the effective management and supervision of the Project Management and Business Analysis unit.
KEY ACCOUNTABILITIES:
- Independently resolve highly complex, multi-faceted problems, which are often unstructured and without precedent to meet the business needs of Scotia Capital, by applying expert financial and technological knowledge to the design of methodologies, models, and/or systems solutions. This may involve rapid prototyping, with requirements and solutions developed on an iterative basis, that provides interim deliverables until a final production solution is created.
- Manage major, multi-disciplinary projects to implement solutions to business problems. This involves planning, securing, and scheduling resources, defining business requirements and processes, preparing business case proposals, developing testing, conversion, and implementation strategies, developing detailed project plans, monitoring progress against planned objectives, financial review, and securing consensus and co-operation from users and senior management.
- Provide business support to all global trading units across Canada, United States, London, Singapore including new and existing product structuring, risk measurement and management, ad hoc queries and MIS, user training, and designing and implementing new systems or enhancements. This also includes centrally managing vendor relationships, contracts and system maintenance arrangements. This is made more challenging due to differences in time zones and the variation in the business lines.
- Continually acquire and enhance knowledge of both the Bank's and the Division's business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing technology to be able to provide effective business solutions and services to the end user business lines.
- Effectively manage and supervise departmental and project staff by setting performance expectations, monitoring performance, providing performance feedback including the preparation of performance appraisals, and as needed, providing counsel and coaching, and arranging for formal training. This also includes the recruiting of qualified project management and business analysis staff.
FUNCTIONAL COMPENTENCIES:
- The incumbent must have recognized expertise and knowledge of most financial markets and financial instruments, ranging from fixed income derivative products to foreign exchange, including market conventions and valuation methods, risk management methodologies and models including best practices, performance measurement, current and anticipated regulatory requirements, Back Office processes, and the end-to-end workflows among the Front, Middle, and Back Offices..
- The incumbent must be a highly creative, self starting, results-oriented, and highly motivated individual with excellent analytical skills in order to apply this knowledge to independently resolve complex business problems that are multi-dimensional and often unstructured and without precedent.
- Further the incumbent must be a very strong leader with excellent interpersonal, communication and negotiation skills in order to build consensus and obtain co-operation from both users and senior management. These skills, along with the incumbent's excellent time management and organizational skills, will allow the incumbent to manage major multi-disciplinary projects while planning and scheduling resources to optimize productivity.
EDUCATION AND ACCREDITATIONS:
- A recognized post graduate degree in business, econometrics, mathematics or a related discipline,
OTHER INFORMATION:
The Technology Application Group (TAG) is a committed business partner to Scotia Capital, Integrated Support Services and Group Treasury, delivering technology services in three dimensions; business analysis, software development and production management. TAG's success is based on strong customer focus and a close relationship with each of its' principle clients. TAG resources are knowledgeable in their fields of expertise and are viewed by the business lines as reliable advisors. The return on investment for TAG's clients is high quality service customized to their business objectives, delivered in a timely and cost effective manner.
The TAG department has a proven history of adopting best-of-breed technologies and implementing effective system solutions to meet critical business needs as well as developing a large percentage of its solutions in-house. What does this mean for you? You have the opportunity to partner with a business line and gain the in-depth knowledge you will need to successfully provide value added solutions.
The Scotiabank Group is an equal opportunity employer and welcomes applications from all interested parties. We thank you for your interest, however, only those candidates selected for an interview will be contacted. No agencies please.
If interested, please apply online at http://track.tmpservice.com/ApplyClick.aspx?id=1422008-1848-2930