Business Analyst - FINRA / CAT

Synechron; Toronto; On-site; CAD 120,000 - 140,000; Full time

Job summary

Join Synechron as a Business Analyst, where you will leverage your financial services expertise to ensure compliance with regulations like FINRA. You will bridge the gap between business needs and technology solutions while collaborating with stakeholders to enhance operational efficiency. This role offers the opportunity to work within a diverse global company dedicated to fostering innovation and inclusion.

Benefits

15 days of paid annual leave

Comprehensive insurance plan

Flexible hybrid policy

RRSP with employer's contribution

Access to Udemy for Business courses

Coaching opportunities with experienced colleagues

Qualifications

• Minimum 10 years experience as a Business Analyst in financial services.
• Proven expertise in FINRA and CAT compliance.
• Strong understanding of North American regulatory reporting frameworks.

Responsibilities

• Collaborate with stakeholders to gather and document business requirements.
• Conduct gap analyses for process improvement and compliance adherence.
• Liaise between technical teams and business users for solution implementation.

Skills

Communication

Data analysis

Regulatory Compliance

Stakeholder management

Education

Certification such as CBAP, CFA, FRM

Job description

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron's progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

We are seeking a skilled Business Analyst with expertise in financial services and regulatory technology, particularly in contexts involving FINRA regulations. The ideal candidate will bridge the gap between business needs and technology solutions, ensuring compliance and operational efficiency within regulated financial environments.

Additional Information

The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within Toronto, ON is CAD $120k - CAD $140k / year & benefits (see below).

The Role

Responsibilities :

• Collaborate with stakeholders to gather, analyze, and document business requirements related to financial regulations and compliance standards, including FINRA.
• Develop detailed functional specifications, use cases, and process flows to support technology development and enhancement.
• Conduct gap analyses to identify areas for process improvement and compliance adherence.
• Liaise between technical teams (developers, QA) and business users to ensure clear communication and successful implementation of solutions.
• Support regulatory reporting workflows and ensure data integrity and accuracy for FINRA submissions.
• Assist in the design and testing of system modifications related to compliance functionalities.
• Monitor regulatory changes and assess their impact on current systems and processes.
• Assist in user acceptance testing (UAT) and facilitate training and documentation for end-users.
• Maintain comprehensive documentation of requirements, processes, and compliance standards.

Requirements :

• Minimum 10 years of experience as a Business Analyst in financial services or regulatory technology.
• Proven expertise in US regulations-particularly FINRA and CAT compliance.
• Strong understanding of North American regulatory reporting frameworks.
• Experience working with large data sets, reporting tools, and regulatory submission systems.
• Excellent communication skills with the ability to interact with technical and non-technical stakeholders.
• Familiarity with SDLC and Agile methodologies.
• Strong understanding of financial products, trading systems, and transaction monitoring.
• Experience with regulatory reporting tools and systems.

Preferred, but not required :

• Prior experience working with FIX protocols or other financial messaging standards.
• Certification such as CBAP, CFA, FRM, or equivalent.
• Experience with regulatory technology implementations and software development lifecycle.

We offer :

• A multinational organization with 58 offices in 21 countries and the possibility to work abroad.
• 15 days (3 weeks) of paid annual leave plus an additional 10 days of personal leave (floating days and sick days).
• A comprehensive insurance plan including medical, dental, vision, life insurance, and long-term disability.
• Flexible hybrid policy.
• RRSP with employer's contribution up to 4%.
• A higher education certification policy.
• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses.
• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups.
• Cutting edge projects at the world's leading tier-one banks, financial institutions and insurance firms.
• A truly diverse, fun-loving and global work culture.

S YNECHRON'S DIVERSITY & INCLUSION STATEMENT

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative 'Same Difference' is committed to fostering an inclusive culture - promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant's gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.