Senior Manager, Market Data Engineering - Scotiabank, Toronto

AI Summary

This Senior Manager, Market Data Engineering role at Scotiabank in Toronto involves designing, integrating, and managing the ingestion of critical market and reference data into the Asset Control Platform. The position requires strong technical delivery experience in capital markets, focusing on building robust data pipelines and ensuring data quality across the enterprise. Candidates need proven expertise with major market data vendors and various asset classes.

About the Role

As a Senior Manager, Market Data Engineering within Scotiabank's Capital Markets Technology team in Toronto, you will play a pivotal role in enabling accurate, scalable, and governed data feeds essential for business-critical trading, risk, regulatory, and analytics systems across the entire enterprise. This position demands a unique blend of deep technical delivery experience and a comprehensive understanding of financial instruments, market data vendors, and asset-class-specific data structures. You will be responsible for designing, building, and maintaining robust data ingestion and distribution pipelines for both market and reference data within the Asset Control (AC) Platform. This includes integrating external vendor feeds, such as Bloomberg and LSEG, and internal source systems, ensuring precise normalisation, enrichment, and persistence of all data. Furthermore, you will develop and maintain in-house data feeds to support various downstream front-, middle-, and back-office systems, including crucial trading, risk, compliance, and reporting platforms. Serving as a key technical lead and subject-matter expert for market and reference data, you will advise on best practices for data modelling, symbology mapping, and managing security and instrument identifiers across the data lifecycle, including vendor cross-referencing and symbology resolution. Ensuring data quality, lineage, controls, and consistency in alignment with enterprise data governance standards is paramount. This role also involves close partnership with business, technology, data governance, and vendor teams to analyse requirements, resolve data issues, and support the continuous evolution of the platform. You will also provide guidance and mentorship to engineers within the team, contributing to technical standards, design reviews, and delivery practices, fostering an inclusive and high-performing culture.

Skills and Experience

To succeed in this challenging Senior Manager role, candidates must possess strong hands-on experience integrating market and reference data from major vendors like Bloomberg and LSEG. A proven knowledge of security and instrument reference data, including identifiers such as CUSIP, ISIN, and FIGI, and their application across the trade lifecycle, is essential. Solid understanding of multiple asset classes, including Equities, Fixed Income, FX, and Derivatives, along with their associated market and static data attributes, is also a critical requirement. The ideal candidate will have strong experience designing scalable, resilient data pipelines and feeds within a distributed data platform environment. Experience working with data quality, reconciliation, lineage, and control frameworks in regulated environments is highly valued, demonstrating a commitment to robust data governance. The ability to communicate effectively with both technical and non-technical stakeholders, translating complex business requirements into clear technical solutions, is crucial for success in this collaborative environment. Preferred qualifications include prior experience working with security master or asset control platforms, a background in data governance, metadata management, or reference data domain models, and previous experience leading or mentoring senior engineers in delivery teams, showcasing leadership and team development capabilities.

Why Scotiabank

Joining Scotiabank means becoming part of a purpose-driven winning team, committed to achieving results within an inclusive and high-performing culture. Scotiabank is dedicated to Diversity, Equity, Inclusion & Allyship, striving to create an an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and embraced through bias-free practices and inclusive values across the organisation. The bank embraces diversity and provides extensive opportunities for all employees to learn, grow, and participate through various Employee Resource Groups (ERGs) that span diverse gender identities, ethnicity, race, age, ability, and veterans. Scotiabank values the unique skills and experiences each individual brings and is committed to creating an accessible environment for everyone, continuously working to remove and prevent barriers. Employees benefit from significant upskilling opportunities through online courses, cross-functional development, and tuition assistance. A competitive rewards program includes bonuses, flexible vacation, personal and sick days, with benefits commencing on day one. Furthermore, Scotiabank offers numerous opportunities for community engagement and belonging through various programs, no matter where you choose to work from. This role offers a chance to apply your technical expertise in a dynamic financial setting, contributing to critical data infrastructure across a leading Canadian bank.