Senior Analyst, Product Strategy, Scotia iTRADE
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Scotiabank's Scotia iTRADE seeks a Senior Analyst for Product Strategy to drive business analysis, competitive analysis, and strategic pricing. The role supports product development and vendor management.
Key Skills for This Role
Responsibilities
- Assist in researching industry, market trends, client surveys and product offerings to identify new product features and digital strategies
- Monitor competitor product and marketing activity and maintain awareness of regulatory and industry trends
- Develop business cases analyzing potential impact on business based on key performance metrics and market research
- Support assessment of vendor new offerings and manage existing vendor and supplier relationships
- Responsible for regulatory activities related to market data reporting
- Translate complex datasets into actionable insights using AI tools and LLMs
- Evaluate current product offerings and pricing models, recommend KPIs and reporting
Requirements
- Bachelor's degree in Business, Marketing, Product Management, Technology or equivalent
- 2 3+ years experience as a Product Analyst or in a brokerage environment
- Knowledge of investment landscape, vendors, and competition in financial services
- Understanding of new and emerging web/mobile technologies and digital trends
- Sound critical thinking and business analysis skills
- Experience with financial modeling and strategic planning
- Excellent relationship building capabilities
Full Job Posting
Purpose of Job
- Scotia iTRADE is looking for an innovative, client focused, results oriented and highly motivated Product Analyst to join the Product Strategy team. The incumbent will be accountable for business & competitive analysis, strategic pricing reviews, and should have experience leveraging market research
Major Accountabilities Competitive & Product Analysis
- Assist in researching the industry, market trends, client surveys and product offerings to identify new product offerings (features, functionality, tools & content) and digital strategies that enhance the client experience or support business objectives – and help prepare business cases and business
- Work with Product Managers to help monitor competitor product and marketing activity and maintain awareness of regulatory and industry wide trends and opportunities, including but not limited to new product enhancements, industry trends, and competitive pricing changes
- Help support Product Managers and the Product management team in evaluating business opportunities by developing business cases that analyze potential impact on the business based on key performance metrics, major risks, market research, and internal and external benchmarks and trends.
Market Data & Supplier Risk Management
- Work with senior management, operational, and front line teams, vendors and other Wealth Management stakeholders
- Support the assessment of vendor new offerings and help to manage existing vendor and supplier relationships.
- Responsible for regulatory activities related to market data in reporting all quote metering volumes on a monthly basis to all North American Exchanges for Scotia iTRADE’s online investing platforms
- Accountable for documenting, reporting, and processing all 3rd party supplier invoices for Scotia iTRADE and working with Finance partners as needed.
Product and Business Case Analysis
- Translate complex datasets into clear, actionable insights that inform product decisions. Collect, clean, and analyze structured and unstructured data; identify trends, patterns, and opportunities; and communicate findings through dashboards, reports, and storytelling to drive measurable business ou
- Leverage AI tools and large language models (LLMs) to accelerate analysis, automate workflows, and enhance insight generation. Apply effective prompt engineering techniques and critically evaluate outputs to ensure accuracy, relevance, and business value.
- Help support the evaluation of our current product offerings and pricing model; recommend and develop KPIs and reporting to support new initiatives
- Work with internal partners and stakeholders from across the organization to ensure the success of the digital product and program offerings.
Education and Work Experience
- Bachelor’s degree in a Business, Marketing, Product Management & Administration, Technology or the equivalent combination of education, training, and experience.
- 2 3+ years’ experience working as a Product Analyst or in a brokerage environment.
- Knowledge of the investment landscape, vendors and competition, with a specific focus on the financial services industry.
- Understanding of new and emerging web/mobile technologies and digital trends.
- Sound critical thinking and business analysis skills.
- Experience with financial modelling, along with excellent business acumen, strategic thinking and planning skills.
- Demonstrated ability to persuade, negotiate and diplomatically communicate, both verbally and in writing.
- Ability to translate and explain technical information to non technical employees to all levels of management.
- Ability to multi task and deliver under tight deadlines, with limited resources and competing priorities.
- Excellent relationship building capabilities with partners both internal and external to the organization.
Additional Skills for the Role
- Product Management/Strategy: Previous experience in product management preferably within the financial, retail banking industry and/or online brokerage or tech company.
- Project Execution Experience: Proven experience serving as a lead role or subject matter expert on cross functional digital initiatives. Ideally candidates will have worked with both waterfall and agile methodologies.
- Experience and/or demonstrated ability to apply business analysis skills and financial acumen within a business and product unit – outside of a financial or account functional area.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Scotiabank
Business Analysis Specialist Market Risk
Toronto, CAN
Scotiabank is seeking a Business Analysis Specialist for Market Risk to provide subject matter expertise on FRTB aggregation and the Atoti platform. The role involves interacting with stakeholders, managing requirements,
Senior Manager, Enterprise Payments, Global Transaction Banking
Toronto, CAN
Scotiabank is seeking a Senior Manager, Product Management – Payments API Standardization to lead the strategy, roadmap, and lifecycle management for payment API standards across a global API platform. The role involves
Business Analysis Specialist Market Risk
Toronto, CAN
Scotiabank seeks a Business Analysis Specialist to join the Global Risk and Treasury Engineering team, providing technical expertise on FRTB Market Risk aggregation and managing the Atoti platform. The role involves stak
Manager, Data & Analytics Strategy
Toronto, CAN
Scotiabank is looking for a Manager, Data & Analytics Strategy to drive the creation and adoption of the CID&A strategy and support strategic initiatives. You will execute complex programs, develop strategy content, and
Inside Sales Representative, Dynamic
Calgary, CAN
Scotiabank's Dynamic Funds seeks an Inside Sales Representative to support wholesalers by generating sales, managing client relationships, and executing outbound campaigns. The role requires strong product knowledge and
Business Analyst, Business Initiatives - Scotia Jarislowsky Fraser - Toronto
Toronto, CAN
Scotiabank is seeking a Business Analyst to support the development, planning, and execution of business initiatives within Scotia Jarislowsky Fraser. You will assist with project delivery, data analysis, event coordinat
Senior Manager, Analytics and BI
Toronto, CAN
Scotiabank seeks a Senior Manager, Analytics and BI for the Deposits & Savings business. You will lead analytics and BI initiatives, provide strategic insights, and manage a team. The role requires extensive analytics ex
Senior Manager, Product Strategy and Solutions, Private Banking
Toronto, CAN
Scotiabank seeks a Senior Manager to serve as the central product relationship manager for Private Banking, representing the division in enterprise product initiatives and influencing product roadmaps. The role requires
Business Analysis Specialist Market Risk
Toronto, CAN
Senior Manager, Enterprise Payments, Global Transaction Banking
Toronto, CAN
Business Analysis Specialist Market Risk
Toronto, CAN
Manager, Data & Analytics Strategy
Toronto, CAN
Inside Sales Representative, Dynamic
Calgary, CAN
Business Analyst, Business Initiatives - Scotia Jarislowsky Fraser - Toronto
Toronto, CAN
Senior Manager, Analytics and BI
Toronto, CAN
Senior Manager, Product Strategy and Solutions, Private Banking
Toronto, CAN