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Added 11 mins ago
Technical Coordinator, Parking Services
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Mississauga, ON
Completion of a university degree or college diploma in Information Technology, Computer Science, Business Administration, Data Analytics, Information Systems, Business Technology…
Added 11 mins ago
MN
Project Manager (Water Wastewater)
Modern Niagara
Vaughan, ON
- Full-time
The project manager will be overseeing the the delivery of a water wastewater project in Toronto within the major projects team and will be managing budgets, schedules, and resources to…
Added 11 mins ago
M
Sales Development Representative - Oshawa
Medfar
Oshawa, ON · Ottawa, Ontario
- Full-time
…you will join a multidisciplinary team whose mandate is to support the strong growth of MEDFAR by participating in sales…
Added 11 mins ago
LC
Inbound Sales Development Representative - Hospitality
Lightspeed Commerce, Inc.
Remote, Canada
- Full-time
- Remote
…candidate will have experience generating leads or selling technology-based solutions. If you’re looking to grow your Sales career, then this is the position for…
Added 11 mins ago
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Automotive Sales Representative
Pfaff Automotive Partners Inc.
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Maintain accurate and up-to-date customer information in the dealership CRM.
Added 11 mins ago
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U-Accelerate : Développeur(euse) de logiciels, nouveau(elle) diplômé(e) // U-Accelerate: Software Developer, New Grad
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Added 11 mins ago
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Oshawa, ON
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Added 11 mins ago
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Lead | Community Systems
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- $90,770 to $130,481 CAD / year
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Consults with the Manager, Community Systems and key partners, sets team and individual staff goals and objectives, as they relate to Community Systems based DH services, which support the…
Added 11 mins ago
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Added 11 mins ago
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The R&D Engineer - Data Science, under the direction of the R&D Manager, is responsible for analyzing operational and test data, developing algorithms, and researching, building,…
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Technical Program Manager
HCLTech
Vancouver, BC
- $115,000 to $120,000 CAD / year
- Full-time
We are seeking an experienced Technical Program Manager (TPM) to lead the delivery of complex technology initiatives across software engineering, quality assurance, cloud platforms, and…
Added 26 mins ago
AE
Manager of Compliance - Privacy
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Added 26 mins ago
HR Advisor - Employee Relations
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As a trusted advisor, you will support employees, supervisors, and leaders on a wide range of employee relations matters, including workplace concerns, performance management,…
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Added 26 mins ago
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- $50 to $57 CAD / hour
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…Learning Plan. The candidate will report directly into the Senior Manager, Learning Solutions Architect for Branch Banking. The position requires critical thinking, strategic planning,…
Added 26 mins ago
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- $58,000 to $73,000 CAD / year
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Added 26 mins ago
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The Home Depot Canada
Ottawa, ON
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…minimize loss to the Company. An APS must uphold integrity, support key AP processes, address malicious activity concerns, and prioritize associate and customer safety while staying aligned…
Added 26 mins ago
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Loss Prevention Specialist Full Time (OTTAWA AREA)
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…minimize loss to the Company. An APS must uphold integrity, support key AP processes, address malicious activity concerns, and prioritize associate and customer safety while staying aligned…
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SPÉCIALISTE, PROTECTION DES RESSOURCES
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…minimize loss to the Company. An APS must uphold integrity, support key AP processes, address malicious activity concerns, and prioritize associate and customer safety while staying aligned…
Added 26 mins ago
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SPÉCIALISTE, PROTECTION DES RESSOURCES
The Home Depot Canada
Ottawa, ON
- Full-time
…minimize loss to the Company. An APS must uphold integrity, support key AP processes, address malicious activity concerns, and prioritize associate and customer safety while staying aligned…
Added 26 mins ago
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🚀 Responsable principal(e), Opérations & Intégration des TI (IT Operations & Integration Lead)
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Added 41 mins ago
PT
Ride Commission – Product Technician
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- Full-time
Accountable for the overall project deliverable of ride commissioning, that include gravity ride types and technology enhanced attractions.
Added 41 mins ago
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Office Assistant
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Toronto, ON
- Full-time
Loopstra Nixon LLP is seeking a proactive, organized, and service-oriented Office Assistant to support the daily operational needs of our Downtown Toronto office.

Closed listing

Cognizant

Consulting Manager – Business Systems Analyst (BFSI Payments)

Toronto, ON, Canada

$81,000 to $128,000 CAD / year · Full-time

This opening has closed.

The original listing is kept below for reference.

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About employer

Job details

Pay: $81,000 to $128,000 CAD / year
Job type: Full-time
Closing date: Oct 29, 2026
Experience: 8+ years of experience as a Business Systems Analyst within financial services / BFSI payments environments (Manager-level experience required)
Posting language: English
Posted: Sep 29, 2026

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Original job description

Archived listing. The details below describe a past opening.

Cognizant Consulting is more than Cognizant's consulting practice - we're a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending deep industry and technology advisory capabilities, we create innovative business solutions for Fortune 500 clients. And now, we're looking for our next colleague who will join us in shaping the future of business. Could it be you?

About The Role

As a Manager, Consulting – Business Systems Analyst (BFSI Payments), you will play a critical role in bridging our client's financial institution payments business teams and technology partners. You will translate complex payments and clearing business needs into clear functional system requirements, support platform enhancements, and ensure payments technology solutions effectively enable the client's clearing and settlement strategies across SWIFT, CREST Clearing, and CHAPS Direct Clearing.

You will be a valued member of a cross-functional consulting team, working closely with the client's payments and operations stakeholders, technology and engineering partners, and delivery teams to support end-to-end payments and clearing initiatives.

In This Role, You Will

Elicit, document, and manage business and functional requirements, translating financial institution payments and clearing workflows - such as SWIFT messaging, CREST securities settlement, and CHAPS Direct Clearing processing - into BRDs, user stories, use cases, and process flows.
Act as the primary liaison between business and technology teams, supporting sprint planning, backlog grooming, and UAT to ensure payments and clearing platforms meet evolving regulatory and business needs.
Perform system integration analysis and data mapping across payments platforms, ensuring accurate data flow between SWIFT, CREST Clearing, CHAPS Direct Clearing, and downstream settlement, reconciliation, and reporting systems.
Support the design and enhancement of payments technology solutions, including gap analysis, vendor evaluation, and definition of system requirements for clearing, settlement, and payment processing capabilities.
Plan and execute User Acceptance Testing (UAT), including test scripts, defect tracking, and business sign-off, to validate system changes against payments objectives and regulatory/compliance requirements.
Lead and mentor junior BSAs and coordinate cross-workstream dependencies as a Consulting Manager on the engagement.

What You Must Have To Be Considered

Bachelor's degree in Information Systems, Business Administration, Computer Science, or a related field
8+ years of experience as a Business Systems Analyst within financial services / BFSI payments environments (Manager-level experience required)
Strong background in financial institution payments, including hands-on experience with SWIFT
Specific experience with CREST Clearing and CHAPS Direct Clearing
Strong experience with requirements management and documentation (e.g., JIRA, Confluence, Azure DevOps)
Hands-on experience working in Agile/Scrum and Waterfall delivery models
Solid data analysis skills, including the ability to validate and map data across payments and clearing systems

These will help you succeed

Experience supporting large-scale payments transformation programs at Tier 1 banks or financial institutions
Exposure to ISO 20022 migration and other payments messaging standards
Ability to analyze and optimize end-to-end clearing and settlement processes and identify automation opportunities
Strong communication skills and comfort working with both business stakeholders and technical teams
Prior consulting experience leading client-facing workstreams

Work model

We strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position based in Toronto, ON, requiring 3 days per week in the office. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.

Salary And Other Compensation

The annual salary for this position is between $81,000 – 128,000 CAD, depending on experience and other qualifying factors.

This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

Benefits

Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

Medical/Dental/Vision/Life Insurance
Paid holidays plus Paid Time Off
401(k) plan and contributions
Long-term/Short-term Disability
Paid Parental Leave
Employee Stock Purchase Plan

Diversity & Inclusion / AODA Statement

Cognizant is an equal opportunity employer. We embrace diversity and are committed to creating an inclusive environment for all employees. Accommodations are available on request for candidates taking part in all aspects of the selection process, in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code. If you require accommodation, please let your recruiter know.

About employer

More about this job

Responsibilities

Translate payments and clearing business needs into functional requirements, analyze integrations and data flows across payments platforms, and support solution design and enhancements. Lead UAT and coordinate delivery activities, while mentoring junior analysts and managing cross-workstream dependencies.

Requirements

Requires a bachelor's degree in a relevant field and at least eight years of business systems analysis experience in financial services or BFSI payments, including manager-level experience. Candidates must have hands-on SWIFT experience, specific CREST Clearing and CHAPS Direct Clearing experience, requirements documentation skills, Agile/Scrum and Waterfall experience, and strong data analysis capabilities.

Skills

Business Systems Analysis
BFSI Payments
SWIFT
CREST Clearing
CHAPS Direct Clearing
Requirements Management
Agile/Scrum
Waterfall
Data Analysis
Data Mapping
System Integration Analysis
User Acceptance Testing
ISO 20022
Payments Transformation
Clearing and Settlement
Stakeholder Management

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Paid Holidays
Paid Time Off
401(k) Plan and Contributions
Long-Term Disability
Short-Term Disability
Paid Parental Leave
Employee Stock Purchase Plan

Visa sponsorship

Not detected in the job text

Keywords

BFSI Payments
SWIFT Messaging
CREST Clearing
CHAPS Direct Clearing
ISO 20022
Payments Transformation
Clearing
Settlement
Payment Processing
User Stories
Use Cases
Process Flows
JIRA
Confluence
Azure DevOps
Agile
Scrum
Waterfall
System Integration Analysis
Data Mapping
User Acceptance Testing
Defect Tracking
Regulatory Compliance
Vendor Evaluation
Backlog Grooming
Sprint Planning
Reconciliation
Reporting Systems
Financial Services

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