Business Analyst

• Pay Rate: $80/hour, depending on experience
• Contract: Hire Date: 11/9/2026
• Position End Date: 9/30/2027 (11 Months)
• Location: Calgary or Edmonton, Alberta
  
  

Raise is currently hiring a Business Analyst on behalf of our client. They’re expanding their team to meet growing needs, making this a unique opportunity to work with an industry leader. Our Client is a market leading financial institution

Note: The primary pay rate is based on T4 classification; however, we will also consider applications from candidates interested in an INC classification, where applicable.

Description

The Business Analyst in this role will support key initiatives within our enterprise Payments Modernization program. This role is critical to the successful delivery of the Real-Time Rail (RTR) and Financial System Resilience & Modernization (FSRB) initiatives through FY27/28 (~90% focus), alongside providing high-value operational support for Money Movement Sustainment (~10%).

The ideal candidate brings deep domain expertise in Canadian payments, clearing and settlement mechanics, API communications, and core banking channels, combined with strong agile business analysis capabilities to bridge business strategy and technical execution.

Responsibilities

• Requirements & Process Engineering
• Requirements Elicitation & Management: Lead requirements discovery sessions with cross-functional stakeholders; define, document, and manage detailed functional and non-functional requirements.
• Process Mapping: Map current-state ("as-is") and design target-state ("to-be") business and operational processes for real-time payment flows, clearing/settlement, and system integrations.
• Data Analysis: Analyze payment transaction flows, data payload structures, and message specifications to support architectural alignment and downstream processing.
• Technical & Architecture Collaboration
• Design & Systems Alignment: Partner closely with Solution Architects, Developers, and System Designers to translate business and regulatory payment requirements into robust technical specifications.
• API & Integration Mapping: Analyze and document API endpoints, web services, and system-to-system communications required for modern payment integrations.
• Core Banking Alignment: Support integration design with SAP and core banking engines to ensure seamless transaction posting, reconciliation, and auditability.
• Agile Execution & Testing
• Agile/Scrum Leadership: Write clear, concise User Stories with measurable Acceptance Criteria; actively participate in and contribute to Scrum ceremonies (Refinement, Sprint Planning, Dailies, Demos, Retrospectives).
• Story Mapping: Drive user story mapping sessions to prioritize backlogs and define release slices for RTR and FSRB deliverables.
• Quality Assurance & Testing: Collaborate with QA/testing teams to define test scenarios, support User Acceptance Testing (UAT), review defect logs, and validate business outcomes.
• Stakeholder Management & Strategy Support
• Executive Communication: Translate complex payment concepts, technical dependencies, and strategic risks into clear insights for senior leadership to facilitate executive decision-making.
• Cross-Functional Relationship Management: Establish and maintain collaborative relationships across Digital Banking (Retail & Business Channels), Risk, Compliance, Operations, and Technology teams.
  
  

Qualifications

• 5 years of professional experience as a Business Analyst within financial services, banking, or fintech environments. Payments Domain Expertise:
• • 2–3 years of specialized experience in channels, payment products, and payment rails.
  • 2–3 years of experience in the payment industry with a solid understanding of Canadian clearing and settlement frameworks (e.g., Payments Canada standards, ACSS, LVTS/Lynx, and Real-Time Rail).
• Technical Proficiency:
• Practical experience working with APIs, web services, and enterprise application/system integration design.
• Proven capability in data analysis, data mapping, and interface specification analysis.
• Analytical & Soft Skills:
• Exceptional analytical, research, and problem-solving skills with a results-driven, self-starter mindset.
• Outstanding interpersonal and verbal/written communication skills, with proven success conveying complex topics to senior leadership.
• Enthusiastic team player with a track record of driving continuous improvement and operational excellence.
• Preferred Qualifications & Assets
• Banking Systems: Working knowledge of SAP and/or core banking architectures is highly preferred.
• Digital Banking Experience: Previous experience supporting retail, business, or commercial digital banking channels and payment user journeys.
• Agile Tooling: Proficiency with Jira, Confluence, and visual modeling tools (e.g., Lucidchart, Visio, Miro).
• Education & Certifications
• Education: Bachelor’s degree in Computer Science, Business Administration, Management Information Systems, Human-Computer Interaction (HCI), or a related discipline (or an equivalent combination of formal education, training, and directly applicable industry experience).
• Certifications (Assets):
• Certified Business Analysis Professional (CBAP) or PMI Professional in Business Analysis (PMI-PBA).
• Certified Agile Professional (e.g., Certified Scrum Master, CSPO, or SAFe Agilist).
• Payments Canada or industry-recognized payments certification.
  

Additional Information

A requirement for candidates when they are hired for this role will be to complete a criminal and credit check (including Canadian Credit Risk Score)

Looking for meaningful work? We can help!

Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.

We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.

We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/

In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or any other Raise job posting (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com.

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