Business Solutions Expert (SimCorp Dimension)

Toronto, Canada
Sep 19, 2019
Oct 17, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Requisition ID: 70040

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

The Team
GWMS - Asset Management Solutions

The role:
The Business Solutions Expert - SimCorp Dimension is responsible for leading end to end business analysis and configuration based customization efforts for SimCorp Dimension (SCD). This role requires an understanding of the financial services industry, with particular focus on fund portfolio administration as part of asset and investment management. The role is primarily focused on end-to-end delivery of enhancements, projects, new functionalities and supporting the delivered features and functionalities for our Investment Accounting line of business. Hands-on configuration experience with SimCorp Dimension (v6.2 and above) is mandatory. The incumbent must have experience configuring, developing and/or supporting solutions on SimCorp. The incumbent must have advanced knowledge of process flows for derivative financial instruments, including market conventions and valuation methods, and knowledge on accounting methodologies (good to have)

Is this role right for you?
Are you able to:
• Independently resolve complex problems and build end to end solutions on SimCorp to meet the business needs of the assigned Lines of Business (Asset Management). This may involve rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables (MVPs) until a final production solution is created. This includes conducting research and analysis, accurately and clearly defining user requirements and processes, and liaising with the users.
• Manage multiple small projects and/or lead specific sections of large projects to implement solutions to business problems. This involves planning and scheduling tasks, monitoring progress against planned objectives, and securing consensus and co-operation from users and senior management.
• Participate in the systems implementation process by defining business requirements and processes, defining user procedures and workflows, developing implementation strategies, providing user documentation and user training, and providing post-implementation support.
• Provide business support to all units Globally, including new and existing financial products and investment strategies and assisting with the design and implementation of systems enhancements.
• Continually acquire and enhance knowledge of the product (SimCorp) and the business line's strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing technology to be able to provide effective business solutions and services to the end user business lines.

Do you have the skills that will enable you to succeed in this role?
SimCorp Dimension (SCD)
  • Highly skilled in making configuration/code changes on SCD (v6.2 and above) to meet business requirements
  • Developing DEX, DFS, extracts, reports on SimCorp
  • Expertise on looking at SimCorp Dimension batch jobs and groups and identifying areas of improvements in overnight processes
  • Sound understanding of applications landscape in Asset Management (CRIMS, SCD, Pricing (Bloomberg), Settlement, file transfers, etc.)
Business Analysis
  • Highly skilled at business analysis and problem solving, Root Cause Analysis
Agile Traits
  • Intermediate to advanced level of understanding of agile principles and practices, incremental delivery and the value of metrics including backlog tracking, burn down metrics, acceptance criteria, velocity, and task definition
  • Is a true team player who values the perspectives and opinions of others while leading with humility and confidence
  • Takes accountability for results and exhibits a "can do attitude"
  • Able to work in a flattened team, using reason and persuasion rather than authority to drive effectiveness
  • Demonstrates a high level of emotional intelligence (self-awareness, self-regulation, empathy, motivation, and social skills)
  • Has an appetite to continuously evolve and improve, to tackle difficult problems and seek/give constant constructive feedback
  • Embraces change and sees it as an essential driver to solve complex issues
  • Demonstrates flexibility and is able to move forward without having all of the answers
  • Consistently seeks to understand, meet and deliver on customers' expectations as defined by the prioritized product backlog
  • 7 - 10 years of practical IT experience in the relevant projects/lines of business is highly desirable (Asset & Investment Management, Capital Markets, Investment Accounting, Securities trading, Portfolio Management, etc.)
  • The incumbent must have advanced knowledge of financial instruments, including market conventions and valuation methods, risk management methodologies and models including best practices, current and anticipated regulatory requirements
  • The incumbent must be adept at understanding Front Office processes (trading, order management, risk, compliance, performance) and the end-to-end workflows and integration with Middle and Back Offices in one or more financial asset classes (e.g. fixed income, foreign exchange, interest rate derivatives, etc.)
  • The incumbent must be a creative, self-starting, results oriented and highly motivated individual with very good analytical skills in order to apply this knowledge to independently resolve complex business problems.
  • Project Management experience with a strong understanding of agile project management principles and practices is an asset
Education & Certification
  • Bachelor's Degree in computer engineering, business, Information sciences or other related field
  • Industry recognized certifications/charters will be an asset (CFA/CPA/etc.)

What's in it for you?
  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We provide you with the tools and technology needed to create beautiful customer experiences
  • You'll get to work with and learn from diverse industry leaders, who have hailed from top technology companies around the world
  • Dress codes don't apply here, being comfortable does
  • Onsite cafeteria
  • We offer a competitive total rewards package that includes a base salary, a performance bonus, company matching programs (on pension & profit sharing), generous vacation, personal & sick days, personal development funding, maternity leave top-up, parental leave and much more.
Canadian Banking Technology supports the end-to-end technology needs of Scotiabank's Canadian banking business, including a broad range of banking products and services from savings and chequing accounts to credit cards and commercial loans. Joining our team gives you access to great opportunities with a wide range of traditional and emerging technologies while delivering innovative solutions for our business applications and platforms

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.

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