Business Analyst - Commercial Lending Applications (Contract Position)
Number of Positions: 1 Duration: 9 months initial contract
Location: Waterloo, ON, CA
Must be eligible to work in Canada
Hybrid position, 3d/w onsite in KW area mandatory
Roles and responsibilities:
The Functional Business Analyst will play a key role in understanding core system features and capabilities related to commercial finance, equipment leasing, asset-backed lending, and floor planning, translating client needs into effective business and technical solutions.
In this role, you will:
- Analyze and interpret client business requirements across commercial lending and leasing processes, including credit origination, underwriting, contract structuring, funding, servicing, asset tracking, billing, collections, and end-of-term management.
- Design intuitive user experiences, operational workflows, and data requirements tailored to commercial finance and dealer financing operations.
- Identify required reference data such as asset details, pricing parameters, credit rules, amortization structures, and dealer hierarchy information.
- Review, write, and update business requirements, functional specifications, and business process documentation for proposed solutions.
- Create detailed business process review documents that translate analysis results into actionable solution changes.
- Define and document interfaces across systems, including CRM platforms, credit decision engines, document management systems, funding and settlement systems, dealer portals, and general ledger integrations.
- Support the entire project lifecycle—from initial discovery and solution design through configuration, testing, deployment, client onboarding, and post-production support.
- Serve as a key liaison between clients, development teams, product teams, and support, ensuring solutions meet business needs and operational expectations.
- Participate in Agile project teams; familiarity with Agile and Scrum methodologies is beneficial.
What the Role Offers
- An opportunity to work with a leading solutions provider in the commercial finance and leasing market, supporting clients across equipment finance, asset-backed lending, and floor plan financing.
- Close collaboration with a dedicated team of Business Analysts and Developers focused on improving delivery timelines and evolving solution capabilities across a growing client base.
- Exposure to complex, high-impact projects that help financial institutions digitize, automate, and optimize their commercial lending operations.
- A chance to contribute to product evolution in a rapidly changing commercial finance landscape where automation, compliance, and customer experience drive innovation.
Must have skills/experience/qualifications:
7+ years' experience in a BA role
- Bachelor’s degree and significant experience in commercial finance, equipment leasing, floor planning, dealer financing, or related financial services domains.
- Strong functional knowledge of end-to-end lending and leasing processes, including origination, credit assessment, funding, contract lifecycle management, servicing, collections, and end-of-term workflows.
- Experience with applications and platforms that support commercial lending, leasing, or dealer financing (e.g., loan origination systems, lease management systems, credit decision engines, dealer portals).
- Ability to simplify and streamline complex financial or operational processes.
- Excellent verbal communication skills — this role is highly client-facing and requires leading workshops, interviews, and design sessions.
- Excellent written communication skills — including the ability to clearly document requirements, functional specifications, process flows, and interface definitions.
- Experience reviewing and mapping business processes within commercial lending or leasing operations.
- Familiarity with compliance, risk management, asset tracking, reconciliation, and reporting requirements within commercial finance is an asset.
- Experience working within Agile delivery environments, particularly Scrum, is beneficial.
- Excellent verbal communication skills - this role is client-facing.
- Excellent written communication skills - designing and documenting requirements