Business Systems Analyst

Posted 13 Hours Ago
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Toronto, ON, CAN
In-Office
Senior level
Information Technology • Consulting
The Role
Business Systems Analyst supporting a Quantitative Risk Management platform in banking and financial services. Gathers and documents requirements, analyzes risk-management processes, develops functional specifications, and performs SQL-based validation. Coordinates with business, technology, QA, PMO, and risk teams on implementations, testing, UAT, defect resolution, regulatory compliance, audit, and post-production support. Maintains requirements and project documentation in Jira and Confluence.
Summary Generated by Built In
Job Summary
Seeking an experienced Business Systems Analyst (BSA) with strong Banking and Risk Management domain expertise and hands-on experience supporting the QRM (Quantitative Risk Management) platform. The successful candidate will act as a liaison between business stakeholders, risk management teams, and technology teams to deliver risk management solutions and platform enhancements.
The ideal candidate will possess proven experience in requirements gathering, stakeholder engagement, business process analysis, and translating business requirements into functional specifications within a QRM environment.

Key Responsibilities
Collaborate with business users, risk management teams, and technology stakeholders to gather, analyse, and document business requirements.
Work closely with QRM platform users and technical teams to support risk management initiatives and regulatory requirements.
Conduct stakeholder interviews, workshops, and requirement elicitation sessions.
Translate business requirements into detailed functional specifications, user stories, and acceptance criteria.
Analyse current business processes and identify improvement opportunities within risk management workflows.
Support implementation, enhancement, and maintenance activities related to the QRM platform.
Perform impact assessments, gap analysis, and data analysis for system enhancements.
Develop and execute SQL queries for data validation, reconciliation, and troubleshooting.
Participate in system testing, UAT, defect triage, and post-production support activities.

Create and maintain project artifacts including:
Manage project requirements and documentation using Jira and Confluence.
Coordinate with development, QA, PMO, and business teams to ensure successful solution delivery.
Support regulatory compliance, audit, and risk reporting initiatives.

Required Qualifications
Bachelor’s degree in computer science, Information Systems, Finance, Business Administration, or related discipline.
8+ years of Business Analyst or Business Systems Analyst experience.
Experience working in Banking or Financial Services organizations.
Hands-on experience supporting the QRM (Quantitative Risk Management) platform.
Strong understanding of Risk Management processes and controls.
Proven experience in:

Requirements Gathering
Stakeholder Management
Business Process Analysis
Functional Requirement Documentation

Strong SQL skills for data analysis and validation.
Experience using Jira and Confluence.
Knowledge of SDLC, Agile, Scrum, and Waterfall methodologies.
Excellent communication, presentation, and documentation skills.

Preferred Qualifications
Previous experience at major Canadian banks.
Exposure to:
Credit Risk
Market Risk
Liquidity Risk
Enterprise Risk
Regulatory Reporting
Treasury Risk Management

Skills Required

  • Bachelor's degree in computer science, Information Systems, Finance, Business Administration, or a related discipline
  • 8+ years of Business Analyst or Business Systems Analyst experience
  • Experience working in banking or financial services organizations
  • Hands-on experience supporting the QRM Quantitative Risk Management platform
  • Strong understanding of risk management processes and controls
  • Experience with requirements gathering
  • Experience with stakeholder management
  • Experience with business process analysis
  • Experience documenting functional requirements
  • Strong SQL skills for data analysis and validation
  • Experience using Jira and Confluence
  • Knowledge of SDLC, Agile, Scrum, and Waterfall methodologies
  • Excellent communication, presentation, and documentation skills
  • Previous experience at major Canadian banks
  • Exposure to credit risk, market risk, liquidity risk, enterprise risk, regulatory reporting, or treasury risk management
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The Company
HQ: Toronto , ON
1,078 Employees
Year Founded: 1990

What We Do

Kumaran Systems is an IT Services Company with imprints in three countries. The past two decades has seen us provide our global clientele with high-end IT services that include migration support, system integration and infrastructure management solutions, providing one-stop-solution to all your IT demands. Our expertise and in-depth knowledge of businesses help us cater to a variety of industries. Our team strives to know your industry better, by observing current trends and the way it works, to tailor-make our solutions to your needs.With over 20 years of customer orientation, over 2000 engagements across Telecom, Education and Banking & Financial services spread across the globe, Kumaran stands as a key advisor to some of the largest Fortune 500 companies in their business driven technology enablement drive. Kumaran System's Customer Orientation is driven by a global delivery business model giving its customers to choose between an Onshore-Offshore mix. The delivery models enable multilevel touch points between the client, partner networks and Kumaran thereby enabling business driven customer sensitivity and agility. ENGAGE, EMERGE AND EXCEL Involving ourselves in a purposeful action, using our abilities to its maximum, helps us feel positive about ourselves. Such positivity gives raise to positive thinking and positive ideas. Ideas evolve into vision and set our aim! Our aspirations engage us with the incentive of sweet success! Every endeavor has its own pitfalls. Perseverance helps us emerge a successful entrepreneur after any deterrent. In our attempt to achieve our aim, we keep upgrading our knowledge and skill, to surface successful! A genius mind does not work to excel, but excels in work! We challenge ourselves with every next step! We change every deterrent to a stepping stone to success. We essentially, engage, emerge and excel

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