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JI
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Jesta I.S.
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Added 9 hours ago
IC
Business Analyst – Payments Modernization
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Salesforce Business Analyst, Senior Associate
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Financial Analyst
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Accounting Analyst/Associate - North York, Toronto, ON. Hybrid
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Infotek Consulting Inc.

Business Analyst – Payments Modernization

Toronto, ON, Canada

$60 to $70 CAD / hour · Contract

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Job details

Pay: $60 to $70 CAD / hour
Job type: Contract
Apply by: Dec 12, 2026
Posting language: English
Posted: Nov 12, 2026

Original job description

Business Analyst – Payments Modernization

Location: Toronto, Ontario (Hybrid – 4 days onsite)

Contract Duration: 12 months

Start Date: December 1, 2026

Extension: Possible

Schedule: Monday to Friday, regular business hours

Rate: $60-70/h (INC)

Position Overview

We are seeking an experienced Senior Business Analyst to support complex, enterprise-wide payments modernization initiatives within a leading financial services organization.

The successful candidate will play a key role in driving business analysis activities across transformational, cross-functional projects, working closely with business stakeholders, technology teams, operations, and governance partners.

This role is primarily business-focused and requires strong experience in requirements management, stakeholder engagement, process analysis, and payment modernization initiatives.

Key Responsibilities

Lead end-to-end business requirements activities throughout the project lifecycle, ensuring alignment between business objectives, technology solutions, and operational needs.
Collaborate with stakeholders across multiple lines of business, technology, operations, and governance teams to gather, analyze, document, and validate business requirements.
Proactively identify and manage requirements-related risks, issues, assumptions, dependencies, and constraints.
Facilitate stakeholder discussions, workshops, and requirements-gathering sessions to ensure business needs are clearly understood.
Apply a variety of business analysis methodologies, tools, and techniques to support project delivery.
Work closely with technology partners to translate business requirements into functional and system requirements.
Contribute to change management activities, including stakeholder analysis, gap assessments, and change planning.
Support quality assurance activities by contributing to test strategies, test plans, test scenarios, and defect resolution.
Ensure business analysis deliverables adhere to established project governance, controls, and documentation standards.
Support Agile and traditional project delivery methodologies as required.
Share knowledge and best practices while contributing to a collaborative team environment.

Required Qualifications

8+ years of experience in business analysis, preferably within large, complex enterprise environments.
Strong knowledge of business analysis methodologies, project delivery practices, and standards across the full project lifecycle.
Proven experience delivering business requirements for complex, multi-stakeholder programs and projects.
Experience working with various delivery methodologies, including Agile, iterative, and traditional project delivery approaches.
3–4+ years of experience within the banking or financial services industry.
Strong understanding of banking payments, ideally including:
Wire payments
Electronic Funds Transfer (EFT)
Electronic Data Interchange (EDI)
Payment messaging and related processes
Experience engaging with multiple business lines and cross-functional stakeholder groups.
Strong data analysis and requirements documentation capabilities.
Bachelor's degree or equivalent education.

Preferred Qualifications

Recent experience supporting payments modernization initiatives.
Direct experience within a financial institution, particularly in payments-focused roles.
Knowledge of end-to-end payment processes and associated business capabilities.
Experience with Agile business analysis and requirements delivery.
Business analysis certification or professional accreditation.

Note: We use AI tools to: obtain basic information, detect plagiarism, false employment history or references, categorize your skills, and do an initial match with job posting.

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More about this job

Responsibilities

Lead end-to-end requirements work for complex payments modernization projects, collaborating with business, technology, operations, and governance stakeholders. Analyze and document business needs, support change management and quality assurance, and ensure deliverables meet project governance standards across Agile and traditional delivery approaches.

Requirements

Requires 8+ years of business analysis experience, including 3–4+ years in banking or financial services, with strong requirements, stakeholder, and data analysis capabilities. Candidates should understand banking payment processes such as wire payments, EFT, EDI, and payment messaging; a bachelor's degree or equivalent is required, while payments modernization experience and business analysis certification are preferred.

Skills

Business Analysis
Requirements Management
Stakeholder Engagement
Process Analysis
Payments Modernization
Banking Payments
Wire Payments
Electronic Funds Transfer
Electronic Data Interchange
Payment Messaging
Data Analysis
Agile Delivery
Change Management
Quality Assurance
Test Planning
Project Governance

Visa sponsorship

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Keywords

Business Analysis
Payments Modernization
Requirements Management
Stakeholder Engagement
Process Analysis
Banking
Financial Services
Wire Payments
Electronic Funds Transfer
Electronic Data Interchange
Payment Messaging
Agile
Iterative Delivery
Traditional Project Delivery
Data Analysis
Requirements Documentation
Change Management
Stakeholder Analysis
Gap Assessment
Quality Assurance
Test Strategy
Test Plans
Test Scenarios
Defect Resolution
Project Governance
Functional Requirements
System Requirements
Business Analysis Certification

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