Business Analyst

Virtusa; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

Virtusa in Toronto is seeking an experienced Business Analyst for Wealth Management to bridge business needs with technology solutions. The role ensures client requirements, regulatory standards, and operational goals are translated into actionable system enhancements and process improvements, facilitating better client outcomes.

The analyst collaborates with stakeholders, product owners, and technical teams to deliver solutions that optimize client experience, streamline operations, and support

Qualifications

• Bachelor's degree in Business Administration or IT.
• 8+ years of BA experience in Wealth Management.
• Strong experience with requirements gathering and analysis.
• Expert knowledge of Wealth Management domain.
• Experience with data-driven analysis and API-led integrations.

Responsibilities

• Collaborate with Architects to design API-led integrations between core systems and third-party data providers.
• Drive data migration strategies, ensuring data integrity from legacy systems to cloud-based data warehouses.
• Mentor mid-to-senior level BAs on complex insurance workflows and career progression.
• Partner with business stakeholders to gather, document, and validate requirements.
• Conduct gap analysis between current processes and desired outcomes.

Skills

Communication

Wealth Management Domain Knowledge

Requirement Gathering & Analysis

Business Process Modeling

8+ years of BA experience

Education

Bachelor's degree in Business Administration or IT

BA/PM Certifications (nice to have)

Tools

JIRA

Confluence

Job description

Business Analyst - Wealth Management

Location: PCS CA, Toronto

Years of Experience: 8+ years

Job Summary

The Business Analyst plays a critical role in bridging business needs with technology solutions within the Wealth Management domain. This position ensures that client requirements, regulatory standards, and operational goals are translated into actionable system enhancements and process improvements. The analyst collaborates closely with stakeholders, product owners, and technical teams to deliver solutions that optimize client experience, streamline operations, and support strategic business growth.

Responsibilities

• Collaborate with Architects to design API-led integrations between core systems and third-party data providers (e.g., credit scoring, GIS data, or fraud detection).


• Drive data migration strategies, ensuring data integrity from legacy systems to cloud-based data warehouses.


• Mentor mid-to-senior level BAs, providing guidance on complex insurance workflows and career progression.


• Partner with business stakeholders to gather, document, and validate requirements.


• Conduct gap analysis between current processes and desired outcomes.

Mandatory Skills

• JIRA & Confluence - Good experience


• SQL - Good knowledge for data analysis


• Communication - Strong communication skills


• Wealth Management Domain Knowledge - Expert level


• Requirement Gathering & Analysis - Expert level


• Wealth Management Domain Knowledge - Expert level


• Business Process Modeling - Advanced level

Preferred Skills

• Insurance Domain - Familiarity with the insurance domain


• Communication & Presentation - Ability to articulate requirements clearly


• Problem-Solving - Innovative solutions to business challenges


• Negotiation - Balancing stakeholder priorities


• Documentation - Maintaining clarity of requirements


• Time Management - Handling multiple projects effectively


• Collaboration - Working with cross-functional teams

Qualifications

Bachelor's degree in Business Administration, Information Technology, or a related field. Relevant certifications in Business Analysis or Project Management are a plus.