Business System Analyst

Kumaran; Toronto; On-site; CAD 100,000 - 150,000; Full time

Job summary

Kumaran Systems is seeking experienced Business System Analysts with strong Payments Domain expertise to support Enterprise Payments Technology initiatives for a leading banking client.

Requirements include 8+ years as a Business/System Analyst, hands-on knowledge of ACH/EFT, RTP, SWIFT, ISO 20022, and strong stakeholder management. Experience in Agile/Scrum environments is preferred. Banking/financial services experience is mandatory.

Qualifications

• 8+ years of experience as a Business/System Analyst
• Strong experience in Payments Technology
• Hands-on knowledge of: ACH/EFT, Real-Time Payments (RTP), SWIFT, ISO 20022
• Cross-border and domestic payment processing
• Experience gathering and documenting business and system requirements
• Strong stakeholder management and communication skills
• Banking or financial services industry experience is mandatory
• Experience working in Agile/Scrum environments is preferred

Responsibilities

• Elicit, analyze, and document business requirements
• Translate business needs into functional and technical specifications
• Work closely with Product Owners, Development teams, and Business stakeholders
• Support payment system enhancements, integrations, and regulatory initiatives
• Participate in testing, UAT, and production implementation activities

Skills

Payments domain expertise

Stakeholder management

Requirements elicitation

Communication skills

Agile/Scrum

Tools

SWIFT

ISO 20022

ACH/EFT

Real-Time Payments (RTP)

Job description

Kumaran Systems: Engineering Future-Ready Transformations Since 1992, Kumaran Systems has been helping enterprises bridge the past and the future, reimagining legacy systems and embracing AI-led possibilities. With over 34 years of delivery excellence, we specialise in re-engineering core applications, driving cloud transformation, and building automation-first, GenAI-enabled ecosystems across the Banking and Financial Services, Insurance, Telecom, and Automotive sectors. We help organisations not just upgrade their systems but reimagine what’s possible.

Why Kumaran?

We blend engineering discipline with AI innovation, helping clients modernise with confidence, automate with clarity, and scale with purpose. Our global delivery model ensures agility, responsiveness, and seamless collaboration, with clients always at the heart of every engagement. At Kumaran, we don’t just solve problems, we engineer future-ready transformations.

Job Description

Job Summary:

We are looking for experienced Business System Analysts with strong Payments Domain expertise to support Enterprise Payments Technology initiatives for a leading banking client.

Key Requirements

• 8+ years of experience as a Business/System Analyst
• Strong experience in Payments Technology
• Hands-on knowledge of:
  • ACH/EFT
  • Real-Time Payments (RTP)
  • SWIFT
  • ISO 20022
• Cross-border and domestic payment processing
• Experience gathering and documenting business and system requirements
• Strong stakeholder management and communication skills
• Banking or financial services industry experience is mandatory
• Experience working in Agile/Scrum environments is preferred

Responsibilities

• Elicit, analyze, and document business requirements
• Translate business needs into functional and technical specifications
• Work closely with Product Owners, Development teams, and Business stakeholders
• Support payment system enhancements, integrations, and regulatory initiatives
• Participate in testing, UAT, and production implementation activities

Kumaran Systems is an Equal Opportunity Employer and does not discriminate on the basis of race or ethnicity, religion, sex, national origin, age, veteran disability or genetic information or any other reason prohibited by law in employment.