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Business System Analyst - LMS / VAM Specialist : Toronto ON (Hybrid) : Full time
- Toronto, ON, Canada
Salary range : CAD $85 K Base +Benifts. · Full-time
This opening has closed.
The original listing is kept below for reference.
Job details
- Pay
- Salary range : CAD $85 K Base +Benifts.
- Job type
- Full-time
- Closing date
- Posting language
- English
- Posted
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Archived listing. The details below describe a past opening.
Job Role : Business System Analyst - LMS / VAM Specialist
Location : Toronto ON
Experience: 8 – 10 years of experience
Job Type : Full time Permanent
Salary range : CAD $85 K Base +Benifts.
Total Experience: 8-10 years
Role Description:
- In corporate and transaction banking, LMS (Liquidity Management System) and VAM (Virtual Account Management) are core technology platforms and product suites.
- They enable large corporate clients to consolidate physical bank accounts, manage complex cash positioning, and automate real-time payment reconciliation.
- A Job Description (JD) containing these terms typically targets roles like Business Analyst, Product Manager, Solution Architect, Technical Lead, or Implementation Specialist within a bank’s Transaction Banking or Cash Management Technology division.
Standard Job Description Template: LMS & VAM Banking Specialist
Position Overview
- We are seeking an experienced LMS / VAM Specialist to drive the delivery, implementation, and optimization of our Liquidity Management Systems (LMS) and Virtual Account Management (VAM) corporate platforms.
- In this role, you will bridge the gap between corporate treasury client requirements and our underlying transaction banking core technology.
- You will build scalable, next-generation liquidity sweeping, pooling, and virtual sub-ledgering solutions.
Key Responsibilities
- Solution Design & Implementation: Lead the end-to-end deployment and configuration of VAM and LMS platforms for enterprise-level corporate clients.
- Cash & Liquidity Architecture: Design complex multi-entity, multi-currency, and cross-border sweeping, physical cash concentration, and notional pooling structures.
- Virtual Account Structure Setup: Help clients replace hundreds of physical demand deposit accounts (DDAs) with automated, hierarchical virtual sub-ledgers tied to a single master physical account.
- Reconciliation Automation: Configure virtual accounts to support automatic remitter identification, Payments on Behalf Of (POBO), and Collections on Behalf Of (COBO) to streamline client accounts receivable (AR) and accounts payable (AP).
- System Integration: Oversee system integrations via open APIs and SWIFT messaging (e.g., ISO 20022 formats like CAMT.053, MT940)
More about this job
Responsibilities
Lead the design, deployment, configuration, and optimization of liquidity management and virtual account platforms for corporate clients. Develop cash pooling and sweeping structures, automate payment reconciliation, and oversee integrations using open APIs and SWIFT messaging.
Requirements
The role requires 8–10 years of experience and expertise in liquidity management systems and virtual account management within corporate or transaction banking. Relevant work includes designing multi-entity and cross-border cash structures, configuring virtual accounts, automating reconciliation, and integrating systems through APIs and SWIFT messaging.
Skills
- Liquidity Management Systems
- Virtual Account Management
- Business Systems Analysis
- Solution Design
- Platform Implementation
- Cash Management
- Liquidity Sweeping
- Cash Pooling
- Cash Concentration
- Virtual Account Configuration
- Payment Reconciliation
- Remitter Identification
- POBO
- COBO
- Open API Integration
- SWIFT Messaging
Visa sponsorship
Not detected in the job text
Categories
- Technology
- Finance & Accounting
- Software
- Data & Analytics
Keywords
- Liquidity Management System
- Virtual Account Management
- Transaction Banking
- Corporate Banking
- Cash Management
- Corporate Treasury
- Solution Design
- Platform Implementation
- Liquidity Sweeping
- Physical Cash Concentration
- Notional Pooling
- Multi-Entity Structures
- Multi-Currency Structures
- Cross-Border Payments
- Virtual Sub-Ledgers
- Demand Deposit Accounts
- Master Physical Account
- Payment Reconciliation
- Remitter Identification
- Payments on Behalf Of
- Collections on Behalf Of
- Accounts Receivable
- Accounts Payable
- Open APIs
- SWIFT
- ISO 20022
- CAMT.053
- MT940