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.