Business Analyst

WSN; Toronto; On-site; CAD 90,000 - 95,000; Full time

Job summary

An established industry player is seeking a Senior Business Analyst with expertise in Counterparty Credit Risk to join a dynamic technology team. This role offers the opportunity to bridge business needs with innovative technology solutions in a fast-paced investment banking environment. You will collaborate closely with stakeholders across various departments, ensuring that regulatory and operational goals are met. If you thrive in high-pressure situations and have a passion for financial services, this position is perfect for you. Join a forward-thinking firm where your insights will drive impactful change.

Qualifications

• 7+ years as a Business Analyst with a focus on Counterparty Credit Risk.
• Strong knowledge of Basel III and SACCR regulatory frameworks.

Responsibilities

• Gather and analyze business requirements for CCR systems.
• Collaborate with tech teams to implement CCR solutions.

Skills

Counterparty Credit Risk (CCR)

SQL

Excel

Data Visualization

Communication Skills

Stakeholder Management

Education

Bachelor's Degree in Finance or related field

7+ years of experience in financial services

Tools

Risk Engines

Data Warehouses

Agile Methodologies

Job description

WSN is a global advisory, consulting and resourcing firm that specializes in providing services and resources to the financial services industry in…

About the Company: WSN Consulting is seeking a Senior Business Analyst with strong Counterparty Credit Risk (CCR) experience to join a high-performing technology team at a major investment bank in Toronto. This is a strategic consulting engagement where you will play a critical role in bridging business needs with technology solutions in the counterparty credit risk domain. You will work closely with stakeholders across risk, front office, and technology to analyze requirements, drive implementation efforts, and support the delivery of technology solutions aligned with regulatory, operational, and business goals.

About the Role: Key Responsibilities:

• Gather, document, and analyze business and functional requirements related to Counterparty Credit Risk systems and processes.
• Collaborate with technology teams to design and implement CCR solutions, ensuring alignment with regulatory requirements (e.g., Basel III, FRTB, SACCR).
• Act as a liaison between business stakeholders (credit risk, trading, compliance) and technical teams to ensure effective delivery of solutions.
• Support project management activities including planning, risk tracking, and reporting.
• Participate in testing efforts (UAT, regression), including test case creation, execution, and defect tracking.
• Provide subject matter expertise in CCR processes, models, and data flows.
• Contribute to documentation, including business process flows, BRDs, FRDs, and user guides.

Qualifications:

• 7+ years of experience as a Business Analyst within financial services, with significant exposure to Counterparty Credit Risk.
• Proven experience working on technology implementations or enhancements in risk or capital markets environments.
• Strong knowledge of credit risk concepts (e.g., exposure calculations, netting, collateral, limits).
• Understanding of risk-related regulatory frameworks (Basel III, SACCR, etc.).
• Experience working with large datasets and tools such as SQL, Excel, and data visualization/reporting tools.
• Excellent communication skills with the ability to translate complex concepts between technical and non-technical audiences.
• Proven ability to manage multiple stakeholders and deliver in a fast-paced, high-pressure environment.

Preferred Skills:

• Prior experience working with global investment banks.
• Knowledge of risk engines, risk data warehouses, or CCR platforms.
• Experience with Agile delivery methodologies.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Analyst, Design, and Finance

• Industries

  Financial Services, Capital Markets, and Investment Banking

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