Senior Financial Systems Analyst

4 days ago


Toronto, Ontario, Canada Scotiabank Full time
Scotiabank Finance Job Opportunity

We are seeking an experienced Senior Financial Systems Analyst to join our team at Scotiabank, a leading bank in the Americas. This is a full-time position based in Toronto, Ontario, Canada.

About the Role:

The successful candidate will be responsible for implementing and maintaining our Hedging Strategies under International Financial Reporting Standards (IFRS). This includes ensuring that eligible derivatives are qualified for hedge accounting treatment, thus immunizing volatility in the Bank's earnings and adding value to the business lines.

Main Responsibilities:

  • Collaborate daily with the Derivative Hedge Qualifications (DHQ) team, IT support for Hedge Accounting & qualification System (HAQS) to monitor HAQS performance and resolve production issues promptly.
  • Investigate HAQS errors/abnormal behavior in collaboration with other DHQ staff and HAQS support; help other team members raise JIRA, prioritize JIRA/change request, perform/review UAT test, and ensure the production release is implemented properly.
  • Investigate and resolve incorrect hedge accounting outcomes in EGL due to upstream or downstream system issues.
  • Draft business requirements for HAQS change/enhancement, including HAQS regular release and large projects; bridge the gap between DHQ and technology sides.
  • Oversee HAQS regular releases and large projects, ensuring seamless communication between DHQ and technology teams.
  • Champion smart automation, including EUC automation and system-related controls.

Required Skills and Qualifications:

  • Self-driven, analytical, and collaborative problem-solving, time-management, and communication skills.
  • 4+ years of experience as a Business Systems Analyst, with strong experience in requirement gathering and documentation creation.
  • 4+ year combined experience with JIRA, Confluence, MS Project, MS Office suite or equivalent tools.
  • A recognized undergraduate degree in business administration, accounting, finance, computer science, or a related field required. A CPA or CFA designation is desirable.
  • Knowledge of Peak or other trading systems, HAQS, PeopleSoft EGL, OBI.

Benefits:

  • An inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success.
  • A competitive rewards package: Performance bonus, Employee Share Ownership Program, Pension Plan Matching, Health Benefits from day one.
  • Your career matters. You will have access to career development and progression opportunities.

Location: Toronto, Ontario, Canada

Estimated Salary Range: $120,000 - $180,000 per year



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