Core Banking Functional Analyst

Laurentian Bank; Montreal; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

Laurentian Bank seeks a Core Banking Functional Analyst to enhance technical documentation and business support. This role requires strong collaboration with IT teams and the ability to translate business needs into functional specifications. Ideal candidates will possess experience in financial services and demonstrate proficiency in both French and English.

Benefits

Comprehensive benefits package

Performance-based bonuses

Hybrid work model

Stock purchase plan

Paid time off for birthdays

Employee and Family Assistance Program

Group insurance and pension plan

Qualifications

• Minimum six years' experience as a functional analyst.
• Experience in the financial services sector.
• Bilingual in French and English.

Responsibilities

• Collaborate with IT teams and business lines for core system expertise.
• Lead workshops to understand business processes.
• Document functional specifications for development teams.

Skills

Analytical skills

Problem-solving skills

Communication skills

Facilitation skills

Education

University degree in a relevant field

Tools

Jira

Confluence

ServiceNow

Job description

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Seeing beyond numbers

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

Seeing beyond numbers

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

We are looking for a talented and motivated Functional Analyst to join our Solutions & Innovations Delivery team. Reporting to the Functional Manager of the core banking system, he or she will become a key member of the team, helping to strengthen our technical documentation and business line support capabilities.

The ideal candidate will have solid experience in functional analysis, as well as in-depth knowledge of the banking industry and financial products and services. In addition, experience in mainframe applications is desirable for this position. We are also looking for someone with strong commercial acumen, able to work closely with business lines to understand their business context and needs.

Responsibilities

• Work in collaboration with corporate IT teams and business lines to provide core system expertise
• Coordinate and lead workshops to understand business processes and document requirements
• Translate collected business requirements into detailed functional specifications required by development teams.
• Ensure standardized documentation of business functionalities linked to the central system
• Provide functional and technical support to business lines in understanding issues and identifying solutions and/or improvements in line with their business objectives
• Participate in application testing and validation phases.
• Become an expert in the company's knowledge of mainframe applications.
• Document user processes and interactions with Mainframe systems and subsystems.
• Collaborate with development teams to ensure implementation of solutions.
• Follow up development requests to ensure that they are carried out according to established priorities, on time and with the desired level of quality.
  
  

Qualifications

• University degree in a relevant field and a minimum of six years' experience as a functional analyst
• Experience in the financial services sector, such as retail and corporate banking, lending products, investment services
• Proficiency in writing functional requirements.
• Strong presentation, facilitation, analytical and problem-solving skills
• Excellent written and oral communication skills
• Ability to interact professionally with business stakeholders and negotiate effectively to manage business deliverables
• Initiative, ability to deal with ambiguity, multiple stakeholders and priorities
• Ability to work in a fast-paced, demanding environment
• Excellent organizational and time management skills
• Experience of working with different banking systems and products
• Practical experience of Jira, Confluence, ServiceNow or related tools
• Attention to detail and accuracy, results-oriented attitude, diligence, and sense of urgency.
• Bilingual* (French and English) required, both written and spoken.
• Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
  
  

What Laurentian Bank Has To Offer You

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
  
  

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Information Technology

• Industries

  Banking

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