Sr. Business Systems Analyst, TD Securities

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Hours:

Line of Business:

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients who choose us for our knowledge and experience in six key areas of finance: Investment Banking, Debt Capital Markets, Institutional Equities, Private Equity, Precious Metals and Foreign Exchange & Money Market. Our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs.

With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

About This Role

We are looking for a Senior Business Systems Analyst to support the delivery and evolution of Credit Risk Systems used by TD Securities. You will translate complex business, risk, data, and technology needs into clear solution requirements and work closely with business and technology partners throughout the delivery lifecycle, from discovery and impact assessment through testing, implementation, and production adoption.

Meaningful work is fueled by meaningful performance and career development conversations with your manager. The main responsibilities are:

Business Analysis and Delivery

• Elicit, analyze, validate, and manage detailed business, data, system, control, and non-functional requirements in alignment with standards and frameworks
• Assess current-state processes and system capabilities, identify impacts and dependencies, and recommend practical target-state solution options with business and technology partners
• Translate business outcomes into functional specifications, process models, use cases, acceptance criteria, data mappings, and implementation requirements
• Contribute to planning, estimation, prioritization, solution design, testing, implementation, and post-release validation
• Prepare analysis, reporting, options, and presentation materials to support timely stakeholder and management decisions
• Identify opportunities to reduce complexity, manual effort, and operational risk while improving delivery effectiveness

Credit Risk Change and Strategic Initiatives

• Support Credit Risk initiatives involving counterparty exposure, stress testing, model implementation, risk reporting, product onboarding, and market data or curve changes
• Support onboarding of new businesses, products, counterparties, and data sources into Credit Risk platforms, including impact assessment and operational readiness
• Support strategic migrations, application rationalization, legacy platform retirement, and adoption of target-state processes and technology

Data Analysis, Governance, and Controls

• Perform data profiling, reconciliation, lineage tracing, source-to-report analysis, and root-cause investigation across large and complex datasets
• Define data quality rules, controls, evidence, and remediation requirements in partnership with business, risk, and technology stakeholders
• Support the data governance and quality roadmap by assessing scope, dependencies, implementation effort, and delivery risks

Testing and Production Readiness

• Develop and execute test plans across development, system, integration, and user acceptance testing stages, including traceability, defect analysis, and implementation validation
• Coordinate production readiness, operational procedures, release validation, and issue investigation for business-critical Credit Risk processes
• Partner with Engineering and Production Support teams to investigate complex issues and ensure sustainable solutions

Stakeholder and Team Leadership

• Build alignment across Front Office, Risk Management, Product Control, Operations, Model Development, Architecture, Engineering, and Support teams
• Communicate complex business, risk, data, and technology concepts clearly to technical and non-technical audiences
• Provide guidance to analysts, promote consistent BSA practices, and contribute to portfolio planning and continuous improvement
• Prioritize and manage workload independently to deliver high-quality results within committed timelines.

Job Requirements:

What can you bring to TD? Share your credentials, but your relevant experience and knowledge can be just as likely to get our attention. It helps if you have:

• 8+ years of relevant experience in business systems analysis, product analysis, risk analysis, or technology delivery within Capital Markets, Risk Management, or Financial Services
• Strong knowledge of counterparty credit risk concepts and measures, including potential future exposure and valuation adjustment measures
• Strong understanding of linear and non-linear interest rate and credit derivatives, Fixed Income, Foreign Exchange, and Cash products
• Demonstrated experience producing high-quality business, data, functional, and non-functional requirements, process models, use cases, acceptance criteria, and implementation artefacts
• Advanced analytical and problem-solving skills, including hands-on SQL, data profiling, reconciliation, root-cause analysis, and investigation of complex data flows
• Experience supporting testing across development, system, integration, and user acceptance stages, including test planning, defect analysis, traceability, and implementation validation
• Knowledge of the software delivery lifecycle, release management, production readiness, operational controls, and change governance
• Proven ability to manage competing priorities, work independently, and influence stakeholders without direct authority
• Excellent written and verbal communication skills, with the ability to present complex concepts to technical, business, and executive audiences
• Experience with enterprise Credit Risk, counterparty exposure, stress testing, XVA, or regulatory risk reporting platforms is preferred
• Experience with applications such as Calypso, Bloomberg, trade booking platforms, market data, and downstream risk or reporting systems is an asset
• Experience with APIs, file-based integrations, Linux or Unix environments, and modern data platforms is an asset
• Experience supporting business onboarding, model or parameter releases, data governance, platform migration, application decommissioning, or cloud adoption is an asset
• Experience working in Agile or product-led delivery models using tools such as JIRA and Confluence is an asset

Qualifications:

Required: Bachelor's degree in Computer Science, Engineering, Mathematics, Accounting, Finance, or a related discipline, or equivalent professional experience

Additional Information: 

Join in on what others in TD Technology Solutions are doing: 

• Inspire a positive work environment and help champion quality, innovation, teamwork and service to the business. 
• Learn voraciously, stretch your thinking, share your knowledge and educate others. 
• Communicate and collaborate with both technical and non-technical professionals. 
• Cultivate winning relationships by building trust with business and technology partners. 
• Share our commitment to productivity, effectiveness and operational efficiency. 
• Embrace change and witness amazing things happen – from the inside. 

#LI-Tech

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.  Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. 

Together, we are reimagining what banking can be for our clients, colleagues and communities. 

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):