Business Systems Analyst

Posted 11 Days Ago
Toronto, ON, CAN
In-Office
70K-80K Annually
Mid level
Fintech • Software • Financial Services
The Role
Act as the bridge between business and technical teams to gather, validate, and document requirements; advise stakeholders on system solutions; optimize workflows; translate BRDs into technical specs; oversee vendor/data integrations; design test cases and coordinate UAT and training; and support project scoping, timeline estimation, and risk management.
Summary Generated by Built In

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.  United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

The Department: Global Technology Services (GTS)
At TMX, we are more than an exchange; we are a technology-driven solutions provider. Global Technology Services (GTS) is the engine behind this vision. We manage the firm’s information technology, integrated operations, and data analytics, ensuring that our infrastructure is as innovative as the markets we serve.
The Role: Business Systems Analyst (Data & Analytics)
As a Business Systems Analyst, you will act as the critical bridge between business ambition and technical execution. Reporting to the Senior Manager, Data & Analytics, you won’t just document requirements—you will act as a strategic advisor. You will translate complex business needs into high-performance system functionalities, ensuring that every change request and development project aligns with TMX’s long-term organizational goals.Key Accountabilities
 
  • Requirements Architecture: Lead the discovery, validation, and documentation of functional and non-functional requirements. You will facilitate high-impact stakeholder sessions to align project goals with technical feasibility.

  • Strategic Advisory: Serve as the Subject Matter Expert (SME) on TMX business activities, providing a consultative approach to how systems can better serve our internal and external partners.

  • Process Optimization: Beyond documentation, you will analyze existing workflows to identify bottlenecks, applying industry best practices to streamline operations.

  • Technical Translation: Work hand-in-hand with software developers and architects to transform Business Requirement Documents (BRDs) into robust technical specifications.

  • Data & Vendor Integration: Oversee the technical onboarding and integration of third-party vendors, ensuring data integrity and long-term partnership success.

  • Quality Assurance & Delivery: Design comprehensive test cases and coordinate User Acceptance Testing (UAT) and end-user training to ensure seamless "go-live" transitions.

  • Project Stewardship: Support Project Managers in defining scope, estimating timelines, and navigating risks. You will keep stakeholders informed through every phase of the project lifecycle.

Skills & Experience

The Must-Haves:

  • Education: University degree in Computer Science, Engineering, or Business Management.

  • Domain Expertise: Deep experience in Capital Markets, with a specific focus on Fixed Income products and workflows.

  • Technical Stack: Proficiency in SQL and Python. Hands-on experience with modern data environments including Snowflake, AWS, and Spark.

  • Communication: The ability to translate "geek" to "Greek"—conveying complex technical concepts to non-technical stakeholders with clarity and poise.

  • Analytical Rigor: A meticulous eye for detail and the ability to deconstruct complex business problems into actionable, phased project steps.

  • Drive: You are a self-starter who thrives in a multi-tasking environment and takes full ownership of projects from inception to completion.

The Nice-to-Haves:

  • Industry Credentials: Progression toward or completion of CFA, CSC, CPH, or TTC certifications.

  • Advanced Analytics: Experience working with Big Data technologies and Machine Learning (ML) models.

  • Tooling: Familiarity with Jira, Confluence, and Lucidchart for workflow modeling and project tracking.

Salary Range: 70,000/year -80,000/year CAD

Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience. 

The recruiting efforts for this role are intended to fill a vacant position.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived! 

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. 

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

Skills Required

  • University degree in Computer Science, Engineering, or Business Management
  • Deep experience in Capital Markets with focus on Fixed Income
  • Proficiency in SQL
  • Proficiency in Python
  • Hands-on experience with Snowflake
  • Hands-on experience with AWS
  • Hands-on experience with Spark
  • Strong communication skills to translate technical concepts for non-technical stakeholders
  • Analytical rigor and ability to deconstruct complex business problems
  • Self-starter able to manage multiple projects end-to-end
  • Progression toward or completion of CFA, CSC, CPH, or TTC
  • Experience with Big Data technologies and Machine Learning models
  • Familiarity with Jira, Confluence, and Lucidchart

TMX group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about TMX group and has not been reviewed or approved by TMX group.

  • Healthcare Strength Health coverage is described as comprehensive, including full mental-health coverage and a wellness spending account. Feedback suggests healthcare is a relative strength within the total-rewards mix.
  • Retirement Support Retirement programs include a pension and an employee share purchase plan, with recent enhancements to employer matching and contribution limits. Feedback suggests these features bolster long-term financial security.
  • Wellbeing & Lifestyle Benefits Wellbeing support includes a hybrid-first work model, paid volunteer days, and donation matching alongside a wellness account. Feedback suggests these elements contribute to strong work-life balance perceptions.

TMX group Insights

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The Company
HQ: Toronto, ON
1,997 Employees

What We Do

At TMX Group, we build world-class markets to enable businesses and investors to succeed and help communities thrive. Powered by our people, TMX has the means to bring inspired ideas to life, and to unlock human potential. We believe better markets serve as a propulsive engine, creating opportunities for bold and ambitious ideas to create a brighter future. With offices in some of the world’s most multicultural cities, we proudly celebrate diversity, learn from one another, and cultivate true belonging in a Hybrid-First work environment. We are a global team, connected across multiple industries, and united by a common Purpose: To Make Markets Better and Empower Bold Ideas. Our Mission We power capital and commodity markets with client-centric, technology-driven global solutions. Our Vision To be an indispensable solution for companies around the world to raise capital and the preferred destination for traders and investors to prosper. TMX Group companies includes: Toronto Stock Exchange, TSX Venture Exchange, TSX Trust, Montréal Exchange, TSX Alpha Exchange, Shorcan, CDCC, CDS, TMX Datalinx, TMX Insights and Trayport.

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