Senior Business Analyst

Senior Business Systems Analyst – Capital Markets Technology

Location: Toronto, ON

Work Arrangement: Hybrid – 1 day per week onsite

Contract Duration: To be confirmed, with potential for extension

Employment Opportunity: Potential contract-to-permanent conversion, to be discussed at the outset

Target Start Date: ASAP

Work Schedule: Monday–Friday, 9:00 AM–5:00 PM (37.5 hours per week)

Pay Rates:

• T4 - $45 - 52.59
• INC - $55 - 62.61

What You’ll Do

• Drive Business Analysis: Gather, analyze, and document business and functional requirements, translating business needs into clear technical deliverables.
• Support Trading Technology: Contribute to the development and enhancement of OTC derivatives platforms, including trade capture, lifecycle management, and end-to-end processing.
• Translate Requirements into Solutions: Create business and functional requirements documents (BRDs/FRDs), user stories, acceptance criteria, data mappings, and interface specifications.
• Perform Data Analysis: Use SQL and Excel to investigate data, validate transformations, identify discrepancies, and support integration initiatives.
• Collaborate on Solution Design: Partner with product owners, architects, developers, and QA teams to assess solution options and ensure requirements are accurately implemented.
• Support Testing and Delivery: Develop test scenarios, support user acceptance testing (UAT), troubleshoot defects, and contribute to release readiness and post-implementation validation.
• Investigate Issues: Analyze production issues, assess business and technical impacts, and recommend enhancements to improve system reliability and performance.
• Build Stakeholder Relationships: Work with Trading, Risk, Operations, Compliance, and Technology teams to align priorities and deliver effective solutions.

Must-Have Qualifications

• 4–5 years of experience as a Business Analyst or Business Systems Analyst within capital markets or a financial institution.
• Hands-on experience with OTC derivatives and the end-to-end trade lifecycle.
• Strong SQL and Excel skills for data analysis and validation.
• Experience with data mapping, data transformation, and reconciliation or validation activities.
• Proven ability to gather and document requirements using BRDs, FRDs, user stories, and acceptance criteria.
• Experience supporting UAT, developing test scenarios, and coordinating defect resolution.
• Ability to investigate production issues, conduct impact assessments, and support system enhancements.
• Strong communication, analytical, and stakeholder management skills.
• Experience working collaboratively with business and technology teams in a financial services environment.

Nice-to-Have Qualifications

• Knowledge of FpML, FIX, REST APIs, and JSON.
• Python experience for data analysis or automation.
• Exposure to derivatives platforms such as Murex or Calypso.
• Familiarity with Power BI, Tableau, or other data visualization tools.
• Experience working in Agile environments using Scrum or Kanban.
• Familiarity with Jira and Confluence.
• Knowledge of regulatory reporting and requirements, including Dodd-Frank, EMIR, MiFID II, Uncleared Margin Rules (UMR), or DTCC reporting.

Interview Process

• One interview, with a maximum of two rounds.
• Approximately 60 minutes per interview.
• Conducted virtually via Microsoft Teams.