Business Systems Analyst- Derivatives Settlement, SWIFT

FP Inc.; Toronto; On-site; CAD 131,000 - 158,000; Full time

Job summary

FP Inc. is seeking a seasoned Business Systems Analyst to drive settlement back-office enhancements, document requirements, and liaise with front office, technology and operations to ensure accurate, timely processes.

The role requires 10 years’ experience in business systems analysis, knowledge of derivative settlement cycles, SWIFT/ISO considerations for delivery in 2026, and strong documentation skills; experience with Jira, Confluence and Visio is valued.

Qualifications

• 10 years of experience as a Business Systems Analyst.
• Strong knowledge of derivative settlement cycles and methods.
• 2-3 years with SWIFT messages or ISO implications for 2026 delivery.
• Proficiency in creating detailed functional specifications, process flows, and use cases.

Responsibilities

• Champion a customer-focused culture to deepen client relationships.
• Support and maintain relations with front office, clients, technology and stakeholders.
• Provide accurate and informative analysis to management.
• Act as the first point of contact for Operations Teams for project asks.
• Coordinate testing and ensure alignment with business requirements.
• Document processes, create SOPs and training guides for Operations users.
• Ensure compliance with regulatory requirements and risk controls.

Skills

10 years experience

Derivative settlements knowledge

SWIFT/ISO requirements

Documentation proficiency

Tools

JIRA

Confluence

Visio

Job description

An Initial AI Screening will be conducted for this role.

Contract Duration:

~4 months

Typical Day in Role:

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Effectively support, communicate with, and maintain excellent working relations with front office, clients, technology, and other stakeholders to ensure accurate and timely processes.
• Provide accurate and informative analysis to management.
• Act as the first point of contact for Operations Teams for project related asks.
• Support Senior Management in providing project overview, effective updates & review of outstanding deliverables that may present against the critical path.
• Consistently seek opportunities for process improvements to maximize efficiencies.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations while ensuring adherence to business controls to meet obligations related to operational risk, regulatory compliance risk, AML/ATF risk, and conduct risks
• Collaborate with business and technology teams to analyze and document requirements for Settlements back-office module enhancements while ensuring minimal to no impact to current day operations; ensuring stakeholder alignment and senior management buy in.
• Create detailed process flows both operationally and technically (alongside technology and architecture team) that translates into future SOP and training guides for Operations users.
• Review and action Settlement system requests for design, working closely with Derivatives Back office business line to document acceptance criteria and feedback.
• Capture detailed business and technical requirement documents into existing user stories, ensure test care and validation scenarios are comprehensive and support the Ops team in executing testing that aligns with each story created.
• Must be an expert in documenting process flows (use of VISIO, MS Office Suite) and clear communication to present to multiple levels of leadership for review and buy in.
• Work closely with project managers, developers, and QA teams to ensure successful implementation of solutions.
• Act as a liaison between stakeholders to gather feedback, resolve issues, and align priorities.
• Ensure compliance with international payment regulations and industry best practices.
• Own and drive testing efforts by defining test cases, validating outcomes, and facilitating user acceptance testing (UAT) through coordination with BAU teams and ensure effective collaboration.
• Create and maintain project artifacts, including user stories, functional specifications, and workflow diagrams.

Must Have Skills:

• 1) 10 years of experience as a Business Systems Analyst
• 2) Strong working knowledge of Derivative Products Settlement cycles and methods
• 3) 2-3 years of experience with in SWIFT messages or ISO implications/requirements for delivery in 2026.
• 4) Proficiency in creating detailed documentation, including functional specifications, process flows, and use cases.

Nice-To-Have Skills:

• 1) Familiarity with Agile and Waterfall methodologies.
• 2) Hands-on experience with tools such as JIRA, Confluence, Visio, or equivalent.
• 3)Experience working with Co-pilot

Soft Skills Required:

• Excellent communication and interpersonal skills, with the ability to engage effectively with technical and non-technical stakeholders.

FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is $95/hr -$115/hr. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.