Business Analyst – Prime Services / Prime Brokerage

Yochana; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A prominent IT consulting firm based in Toronto is seeking a skilled Business Analyst specializing in Prime Services to join their growing team. The chosen candidate will enhance business growth and ensure regulatory compliance while optimizing operations for hedge fund clients. This hybrid role requires strong collaboration with various stakeholders and the ability to navigate complex projects within the investment banking sector. The ideal applicant will have over 5 years of relevant experience and a solid understanding of Prime Brokerage operations.

Qualifications

• 5+ years of Business Analyst experience in Investment Banking or Capital Markets.
• Strong domain knowledge of Prime Brokerage and Prime Services.
• Solid understanding of hedge fund operations and financing models.

Responsibilities

• Gather, analyze, and document requirements for Prime Services initiatives.
• Support projects related to hedge fund servicing and regulatory change.
• Collaborate across functional areas to ensure seamless delivery.

Skills

Business Analyst experience in Investment Banking

Domain knowledge of Prime Brokerage

Stakeholder management skills

Communication skills

Ability to deliver complex projects

Job description

Business Analyst – Prime Services / Prime Brokerage

Position Name: Business Analyst – Prime Services / Prime Brokerage

Type of hiring: Fulltime

Location: Toronto, ON

Model: Hybrid (2 days a week)

Job Description: We are seeking an experienced Business Analyst with strong expertise in Prime Services / Prime Brokerage to drive business growth, regulatory compliance, and platform modernization initiatives. This role involves working closely with stakeholders across the trade lifecycle, optimizing processes, and delivering strategic solutions for hedge fund clients.

Key Responsibilities

• Partner with business and technology teams to gather, analyze, and document requirements for Prime Services initiatives.
• Support projects related to hedge fund servicing, trade lifecycle optimization, and regulatory change.
• Collaborate across Front Office, Middle Office, and Back Office functions to ensure seamless delivery.
• Drive platform modernization and process improvements to enhance operational efficiency.
• Act as a subject matter expert for Prime Brokerage products and services.

Required Skills & Experience

• 5+ Years of Business Analyst experience in Investment Banking or Capital Markets.
• Strong domain knowledge of Prime Brokerage / Prime Services.
• Solid understanding of hedge fund operations and financing models.
• Hands-on experience with margin, collateral, securities lending, and financing products.
• Excellent stakeholder management and communication skills.
• Proven ability to work across multiple functional areas and deliver complex projects.

Preferred Qualifications

• Exposure to regulatory frameworks impacting Prime Services.
• Experience with technology platforms used in Prime Brokerage.
• Knowledge of trade lifecycle systems and data flows.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Information Technology

Industries

IT Services and IT Consulting