Business Analyst with Murex Migration

Requisition ID: 268869 

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

Role 

We are seeking an experienced Lead Business Analyst with strong Murex expertise to lead business and functional analysis for capital markets and treasury initiatives.

This role will act as the primary interface between business stakeholders, technology teams, vendors, and project delivery teams to define requirements, assess impacts, support solution design, and drive successful implementation of Murex capabilities across front office, risk, operations, and finance functions.

The ideal candidate will bring deep knowledge of the Murex platform, strong Money Market/ Treasury domain expertise, and a proven track record of leading requirements gathering, gap analysis, testing, process improvements, and business adoption in complex financial services environments.

Is this role right for you? In this role you will:

• Lead business analysis activities for Murex-related initiatives, including platform implementation, enhancement, migration, optimization, or regulatory change programs.
• Engage with stakeholders across Front Office, Middle Office, Risk, Operations, Finance, and Technology to gather, analyze, and document business requirements.
• Translate business requirements into functional specifications, user stories, configuration documents, process flows, and test scenarios.
• Perform current-state assessments, gap analysis, impact analysis, and future-state recommendations aligned with business objectives and Murex best practices.
• Support solution design and configuration across relevant Murex modules such as trade capture, pricing, market data, simulations, risk, operations, reporting, and interfaces.
• Partner with technical teams, architects, and vendors to ensure requirements are accurately implemented and integrated with upstream and downstream systems.
• Leading SIT, UAT, coordinating regression testing, defect triage, reconciliation, and validation of business outcomes.
• Support data mapping, data migration, reconciliation, and reporting validation as part of implementation or change initiatives.
• Drive process improvements and recommend opportunities to streamline workflows, improve controls, and increase business efficiency using Murex capabilities.
• Provide guidance to business users and peers on Murex functionality, operating procedures, and adoption of new processes or enhancements.
• Track issues, dependencies, risks, and decisions, and provide status updates to project leadership and stakeholders.
• Mentor peers and promote high standards for analysis, documentation, testing, and stakeholder engagement.

Do you have the skills that will enable you to succeed?

Core (Mandatory) Skills

• 7+ years of Business Analysis experience supporting Capital Markets, Treasury, or Financial Markets initiatives.
• 5+ years of hands-on experience working with the Murex platform across one or more functional areas.
• Strong Treasury and Money Market product knowledge
• Proven experience leading to requirements gathering, business process analysis, impact assessments, and solution design for complex technology initiatives.
• Strong understanding of front-to-back trade lifecycle processes and associated operational workflows.
• Strong SQL skills with the ability to perform complex data analysis, reconciliation, validation, and troubleshooting.
• Experience executing, maintaining, and enhancing automated test cases and regression test suites, with the ability to analyze results, remediate defects, and support SIT, UAT, and release validation activities.
• Experience translating business requirements into:
• Functional Specifications
  • User Stories
  • Process Flows
  • Test Scenarios
  • Configuration Requirements
• Excellent stakeholder management, communication, and presentation skills, with the ability to work effectively across business, technology, and vendor teams.
• Strong analytical and problem-solving skills with the ability to manage multiple priorities and complex deliverables.

Nice to Have skill - Knowledge of Fixed Income, Derivatives, Foreign Exchange, and Capital Markets products.

Why this role matters

• This is a senior role with significant business and delivery accountability. Success requires deep Murex expertise, strong Treasury and Capital Markets knowledge, and the ability to lead complex business analysis activities across multiple stakeholder groups.
• The successful candidate will play a critical role in shaping Murex migration delivery, ensuring that business requirements are translated into scalable, well-controlled solutions that meet operational, risk, regulatory, and strategic objectives.

The Workplace 

• We are technology partners who help the business transform how our employees around the world work
• We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
• You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world
• We foster an environment of innovation and continuous learning
• We care about our people, allowing them to design how they work to deliver amazing results
• We offer a competitive total rewards package, including a performance bonus, company matching programs (on pension & profit sharing), and generous vacation

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, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our  Recruitment team know. If you require technical assistance, please click here. 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.