Assistant Manager, Business Analysis - Toronto, Canada - Scotiabank

Scotiabank
Scotiabank
Verified Company
Toronto, Canada

3 weeks ago

Sophia Lee

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Sophia Lee

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Description
Requisition ID: 173962

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.


Why work for Scotiabank?
Scotiabank is among the largest banks in the world and the most international bank in Canada.

We are powered by our 97,000 high-performing teammates who make a real difference across the globe as a leading provider of advice, products, digital experiences, and financial services.

Together with our Digital Factories around the world, we are dedicated to helping our 25 million customers become better-off.


This is a place where you'll get to learn and develop your skills, while being recognized for your hard work.

At Scotiabank, we're passionate about bringing our whole selves to work, allowing us to create inclusive work environments for everyone to enjoy.

Say hello to a career at Scotiabank


Global Banking and Markets


Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients.

Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange, and precious & metals.

We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.


Purpose of job


To support Trade Finance Operations team in Canada, UK and New York ensuring business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.


Accountabilities

  • Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Assist the Manager/Senior Manager/Director by conducting research and analysis, and accurately and clearly defining user requirements and processes for welldefined tasks to assist in the resolution of problems and to meet the needs of the supported Line of Business. This may involve participation in rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables until a final production solution is created.
  • Participate in the systems implementation process by assisting in the development of test cases and the conducting of testing, assisting in the definition of user procedures and workflows, assisting in the development of conversion and implementation strategies, and assisting in the provision of user documentation, user training, and postimplementation support.
  • Assist in the provision of business support to all units, including new and existing product and deal structuring, ad hoc queries and MIS, user training, and assisting with the design and implementation of systems enhancements. The incumbent is responsible for ensuring that management is kept informed, and that problems and issues are escalated appropriately.
  • Continually acquire and enhance knowledge of 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 effectively assist in the provision of business solutions and services to the end user business lines.
  • Understand how the Bank's risk appetite and risk culture should be considered in daytoday activities and decisions.
  • Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of daytoday business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

Requirements:


  • Must have good understanding on reconciliation of data received from multiple sources.
  • Have ability to independently identify reconciliation approach and create logic to map and reconcile different data sets.
  • Should have general understanding of the Bank Accounting systems, GL structures, treatment of Assets Liabilities and charge.
  • Have strong understanding to data formats, should be able to create MIS and analytical reports using various tools like Excel, Business Object and SQL.
  • Be able to break down strategic problems, and analyses data and information to provide insights and suggest recommendations.
  • Support the business teams in usual activities, as required and potential additional adhoc responsibilities.
  • Hands on Power BI skill would be an asset.
  • Must possess a basic understanding of current business practices, systems development techniques, including requir

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