Business System Analyst – Reference Data (Capital Markets)

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

Job summary

A leading global consulting firm seeks a detail-oriented Business System Analyst specializing in Capital Markets reference data in Toronto. This role involves partnering with teams to manage critical data for trading, risk, and compliance systems. Candidates should possess domain expertise and strong technical skills to ensure accurate and scalable data delivery.

Benefits

Paid annual leave

Comprehensive insurance plan

Flexible hybrid policy

Employer's RRSP contributions

On-demand training opportunities

Qualifications

• 3+ years of experience in Capital Markets reference-data.
• Strong understanding of securities data feeds.
• Proficient in SQL and data-validation processes.

Responsibilities

• Elicit and document data requirements from various teams.
• Identify external vendors for reference data.
• Implement data-validation checks and manage inventories.

Skills

Data analysis

Problem-solving

Communication

Attention to detail

Stakeholder management

Education

Bachelor's degree in a related field

Tools

SQL

APIs

JSON

XML

Excel

Job description

Business System Analyst – Reference Data (Capital Markets)

Business System Analyst – Reference Data (Capital Markets)

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This range is provided by Synechron. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

CA$120,000.00/yr - CA$140,000.00/yr

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We are

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’re seeking a detail‑oriented Business System Analyst with deep Capital Markets reference‑data expertise. In this role, you will partner with front‑office, data governance and technology teams to define, source, curate and deliver critical reference data (e.g. instrument identifiers, legal‑entity data, product hierarchies) for trading, risk, compliance and reporting systems. Your combination of domain knowledge and technical acumen will ensure our reference‑data pipeline is accurate, complete and scalable.

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:

• Business Analysis & Requirements Gathering:
• Work with Operations, Support, FO and BO (Risk, Finance, Compliance) IT teams to elicit and document reference data requirements and system enhancements.
• Map and define reference‑data elements (e.g. ISIN, CUSIP, SEDOL, LEI, product classifications) across asset classes (equities, fixed income, derivatives).
• Data Triage & Curation:
• Identify and evaluate external vendors, market‑data feeds and proprietary sources for reference data.
• Implement data‑validation checks, exception‑handling processes and reconciliation routines.
• Manage inventory of data issues, triage issues, work out tactical and strategic remediation with various teams
• Solution Design & Implementation:
• Translate business needs into functional and technical specifications for IT delivery.
• Prepare architectural and functional flows clearly depicting systems dependencies.
• Support system testing: develop test scripts, execute UAT, and track defects through resolution.
• Data Governance & Quality:
• Enforce data‑governance policies: stewardship, lineage documentation, data‑quality metrics (completeness, accuracy, consistency, timeliness).
• Monitor key data‑quality indicators and drive continuous improvements in remediation workflows.
• Stakeholder Communication & Reporting:
• Produce clear status reports, data‑catalog updates and impact assessments for senior management.
• Conduct training sessions and prepare user guides on reference‑data standards and tools.

Requirements:

• Capital Markets Domain Expertise:
• 3+ years working with reference‑data domains in trading, risk or back‑office functions.
• Strong understanding of Securities data feed from Bloomberg, LSEG (Reuters).
• Strong understanding of various Asset classes and important attributes associated with each asset classes.
• Good understanding of instrument identifiers (ISIN, CUSIP, FIGI, RIC), entity identifiers (LEI) and product taxonomy.
• Technical Skills:
• Proficient in SQL and relational data‑modeling concepts
• Familiarity with using APIs and JSON, XML structures
• Familiarity with MDM and data‑governance platforms (e.g. Collibra, DataHub) and metadata‑management best practices.
• Excellent Excel skills to perform various data analysis, triage recons and build summaries
• Analytical & Communication Skills:
• Strong problem‑solving mindset and keen attention to detail.
• Excellent stakeholder‑management skills: able to translate between business and technical audiences.

Preferred, but not required:

• Prior experience with B2B data‐delivery protocols (SFTP/SCP, MQ, FIX).
• Scripting expertise (Python, Shell) for automation and data‐validation routines.
• Exposure to cloud data platforms (AWS, Azure) and container orchestration (Kubernetes).
• Certifications in GoldenSource, CBIP or CDMP.

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.

SYNECHRON’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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development

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