Wealth Management Private Banking Business Analyst, Summer 2021

January 13 2021
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Accounting, Finance, Accounting, Finance, Bank, Insurance, Financial services, Bank, Insurance, Financial services, Bank, Insurance, Financial Services, Bank, Insurance, Financial Services, Forensic accounting, Fraud, IT Business Analyst, Management, Administration, Project Management, Business Analysis, Project management, Business analysis, Project Management, Business Analysis, Trading, Asset management
Toronto, ON

Requisition ID: 94410

Join the Global Community of Scotiabankers to help customers become better off.

POSITION TITLE: Private Banking Business Analyst, Private Banking Head Office


DEPARTMENT: Canadian Wealth Management - Private Banking

WORK TERM: 4 month summer work term (May 2021 – August 2021)


Reporting to the Private Banking Senior Manager – Projects, this role contributes to the overall success of the Private Banking – Operations, Sales Support & Projects team ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures


  • Assist the PB Senior Manager, Projects in working on business initiatives by conducting research and analysis, accurately and clearly defining user requirements and processes, and liaising with the users.
  • Actively participate in the systems implementation process by: developing test cases, performing testing, defining user procedures and workflows, participating in conversion and implementation strategies, verifying results, providing user documentation, and providing post-implementation support
  • Provide business support by: responding to ad hoc queries and MIS, providing guidance to user process, and assisting with the implementation of systems enhancements.
  • Investigating and analyzing user inquiries and establishing response times and escalating requests as required.
  • Contribute to ongoing data mining activities during development and post implementation stage to ensure deliverables are meeting project requirements.
  • Ensuring that management is kept informed and that problems and issues are escalated appropriately.
  • Provide post implementation project support ensuring knowledge transfer is transition successfully to the Day to Day field support team by way of documenting process, performing demonstration and training.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high performance environment and contributes to an inclusive work environment.


A recognized under-graduate degree in business, econometrics, mathematics or a related discipline is required.


  • Very good interpersonal and communication skills in order to work effectively with end users and members of a project team.
  • Coordinating and pilot/proof of concept, as applicable, participate in project UAT testing
  • Excellent command of MS Office Suite applications especially with MS excel advance skills.
  • Works well under time constraints and can prioritize competing tasks appropriately. Adaptable and flexible to a rapidly changing environment where priorities can be shifted from time to time.
  • Self-motivate with very good analytical skills, excellent active listening skills, strong organizational skills, attention to detail and results oriented.


  • Work-from-home (due to COVID-19 business continuity plans)
  • Scotiabank Co-op Orientation: opportunity to meet and network with all co-op students working at Scotiabank each term.
  • Opportunity to get involved in the Scotiabank Co-op Social Committee.


For students, we are focused on learning about who you are and what you’re interested in to uncover your true potential. In short, we don’t believe resumes will provide us with an accurate depiction of what you’re truly about to properly assess your potential. Instead we want to get to know YOU and hear about the experiences that have shaped you. We know… this might sound crazy but for students applying to one of our co-ops, internships or TILT new grad programs we are no longer requiring resumes. Instead we ask that as part of your application, you complete the below:

  1. Complete your PLUM Profile: https://bit.ly/3bfU6XX
  2. Complete a short one-way video interview: https://ca.rivs.com/92-02-52/
  3. Apply to the role through our career site! When the application asks for your resume, instead upload a screenshot of your plum to show us you’ve completed it, we have full access to your entire profile from Plum and won’t use the screenshot but it’s a great reminder for each of you to have completed it. Alternatively you can submit a resume if you want, we just will not be relying on it when we assess you

Location(s): Canada : Ontario : Toronto

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

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.

Apply now!

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