Senior Business Systems Analyst – Payments (11+ Years) / Toronto, ON, Canada

Senior Business Systems Analyst – Payments

Location: Toronto, ON, Canada

Work Model: Hybrid – 3 Days Onsite / 2 Days Remote

Employment Type: Contract

Domain: Banking & Financial Services / Payments

Job Summary

We are seeking an experienced Senior Business Systems Analyst with strong expertise in requirements gathering, systems analysis, data mapping, and payment systems. The ideal candidate will have broad-based payments knowledge, including SWIFT wires, Visa, Interac, and ISO 20022.

Key Responsibilities

• Conduct requirements elicitation sessions with business and technical stakeholders.
• Create detailed user stories, functional specifications, and system requirements.
• Perform data mapping, data analysis, and data modelling.
• Develop system context, flow, sequence, and use case diagrams.
• Translate business requirements into technical specifications.
• Collaborate with development, QA, architecture, and project management teams.
• Support Agile delivery and Project Development Life Cycle (PDLC).
• Maintain documentation using JIRA and Confluence.
• Analyze payment processing workflows and system integrations.

Must-Have Skills

• Excellent verbal and written communication skills.
• Strong requirements elicitation and documentation skills.
• User stories and system requirements creation.
• Data mapping, analysis, and modelling.
• System Context Diagrams, Flow Diagrams, Sequence Diagrams, and Use Case Documentation.
• Agile, PDLC, JIRA, Confluence, MS Office, and MS Visio.
• Broad-based Payments Domain Knowledge:
• SWIFT Wire Transfers
• Visa and Interac payment rails
• ISO 20022 messaging standards

Nice-to-Have Skills

• AML, sanctions, fraud, regulatory, and compliance initiatives.
• REST APIs, microservices, API specifications, JSON, and Postman.
• API development and integration experience.
• Mainframe: IMS, TSO, COBOL, and copybooks.
• BPMN and DMN.
• Scrum facilitation / Scrum Master experience.
• SQL and relational databases.
• Java/J2EE, C++, or Python knowledge.
• Tableau reporting and dashboards.
• FinTech SaaS product integration.
• MS Project and project estimation.

Ideal Candidate Profile

• Strong experience as a Senior Business Systems Analyst in Banking / Financial Services.
• Hands-on payments domain experience.
• Excellent business and technical communication skills.
• Ability to work with cross-functional teams.

Work Arrangement: Candidates must be available to work onsite in Toronto, ON, 3 days per week.