Manager, Business Data Analyst

Requisition ID: 199638

Join a dedicated and successful team, committed to achieving results, in an inclusive and high-performance environment.

The world is evolving at a rapid pace and so are we

Enormous data driven by intricate processes representing significant risks are not just trendy terms to us; they truly reflect our daily reality. Our aim is to become The Leading Bank in The Americas that prioritizes Customers. This goal demands the formation and retention of a skilled team capable of creating and managing highly accurate decision-making models and forecasts. These models play a crucial role in automated risk management decisions that impact millions of customers and safeguard billions of dollars daily. We are privileged to have a top-notch team of Data Scientists and Model Operations professionals developing and deploying outstanding risk models. However, they need your expertise.

Our Model Operations team ensures that every step of the model lifecycle, from planning to monitoring, is thoroughly documented, controlled, efficient, and effective. While speed is essential in bringing models to market, accuracy is paramount. This is where you come in:
You excel at delving into details, asking relevant questions, aligning real-world processes with data flows, estimating financial impacts precisely, and conducting analytical tests to validate your assumptions while outlining how our modeling teams should leverage your findings.

We are driven by outcomes, work diligently, enjoy success, geek out, and bring innovative solutions to every challenge we encounter; and we expect the same from you.

What Are We Seeking?

We are seeking skilled, practical, analytically-minded business analysts who can adeptly map operational processes into business rules/algorithms and data flows, as well as collaborate effectively with various stakeholders to enhance our automated decision-making, forecasting, and capital management.

We desire individuals with sharp minds, immense curiosity, a dedication to excellence, prioritization abilities, a talent for simplifying complex matters, and a strong sense of responsibility.

The ideal candidate will be a team player comfortable wearing multiple hats:

• Business Analyst / Business Consultant / Financial Analyst
• Process Engineer
• Data Analyst / Data Scientist
• Software Architect

Make an Impact
As Canada's sole global bank, we provide opportunities to work in diverse markets and with teams you might not encounter otherwise. As a Manager, you will directly report to a Senior Manager or Director and play a pivotal role in a team collaborating regularly with various stakeholders and internal partners such as Data Scientists, Business Line & Operations leaders, Technology & Data teams, Finance, Model Operations, and internal challenge functions.

You will work closely with the Model Operations team, utilizing your analytical skills to support either the Director, Forecasting Models, or the Director, Decisioning Models in:

• Planning and managing initiatives
• Mapping and/or re-engineering key processes, data flows, and/or business rules
• Translating concepts into algorithms and designing implementation solutions aligning with business needs and internal/regulatory directives.

Possible deliverables/results may include (but not limited to):
Increased operational efficiency and effectiveness
Quantitative analyses supporting continual decision-making
Structured implementation and project plans that are executed successfully
Business rules, financial formulas, and algorithms
Recommendations for further improvements

Is This Role Suitable for You?

• You prioritize ethical conduct and doing things the right way
• You possess a blend of deep curiosity and practicality
• You are adept at handling data, analytics, technical aspects, and business processes
• You thrive on challenging yet realistic objectives and are dedicated to achieving them
• You enjoy initiating discussions and collaborating with diverse individuals
• You are sociable, inquisitive, unafraid to ask questions, and welcome opportunities for learning and improvement through respectful interactions
• You can effectively prioritize tasks to achieve a balance between quick wins and long-lasting solutions
• You recognize the weight of your work impacting high-level stakeholders and embrace that responsibility
• You are eager to share your ideas cohesively through precise verbal and written communications
• You conduct yourself professionally, are driven, and bring a sense of fun to your work

What Do You Need to Succeed?
General

• Bachelor's Degree in Engineering, Information Sciences, Business/Commerce, Finance, or related field
• Demonstrable history of problem-solving and sound judgment
• Experience as a Management Consultant, Business Analyst, Process Engineer, Financial Analyst, or Data Analyst working across interdisciplinary teams
• Essential data analytics skills, along with knowledge of programming languages for data analysis, solutioning, testing, and gap analysis
• Proficiency in testing (BAT/QAT) to ensure comprehensive testing coverage
• Strong verbal and written English communication skills to articulate complex operational processes, business requirements/rules, and data sets clearly, prepare high-quality documentation, and gain trust as a reliable advisor
• Ability to work both remotely and on-site concurrently on various tasks while meeting deadlines

Technical

• Firm grasp of business analysis, requirements formulation, process mapping, data mapping, and financial analysis
• 3-5 years' experience in consulting, business analysis, or process engineering, translating intricate processes into mathematical algorithms
• Proficiency in business productivity, data governance/lineage, and data management tools such as SQL, SAS, Python, Excel, PowerBI, Visio, MS Project, JIRA, Teams, and Lists
• Adept at translating data analysis into SQL queries/code

Nice to Have's
General

• Fluency in reading, writing, and speaking Spanish
• Domain knowledge in retail & small business banking products or risk management practices
• Familiarity with credit risk models/scorecards
• Experience in Lean, Six Sigma, TQM, or other process management frameworks

Technical

• Understanding of statistical prediction, estimation, and forecasting models
• Programming skills (Python, SAS) for legacy/traditional and big data systems
• Familiarity with advanced statistical methods addressing uncertainty

What's in It for You?

• We foster an inclusive, collaborative work environment that values curiosity, ownership, encourages creative problem-solving, and celebrates achievements
• You will collaborate with and learn from a diverse group of accomplished leaders
• Expect a fun and rewarding work experience with us

Location(s): Canada : Ontario : Toronto

Scotiabank is a prominent bank in the Americas, guided by our purpose: "for every future." We assist our customers and communities in achieving success through a wide range of services, including personal and commercial banking, wealth management, corporate and investment banking, and capital markets. At Scotiabank, we value the diverse skills and experiences each individual brings and are dedicated to maintaining an inclusive environment for all. To be considered for this role, candidates must apply directly online. We appreciate all applicants' interest in a career at Scotiabank; however, only selected candidates will be contacted for an interview.