Lead Business Analyst - Regulatory

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial services organization in Toronto is seeking a dynamic Lead Business Analyst to drive high-impact transformation initiatives. You will collaborate with senior leaders on regulatory initiatives and business solutions. The ideal candidate has 5-7 years of experience in banking and skills in data analysis, requirements management, and stakeholder engagement.

Benefits

Comprehensive Total Rewards Program

Opportunities for professional development

Dynamic and collaborative team environment

Qualifications

• Expertise in regulatory initiatives and compliance contexts.
• Advanced requirements management and analysis skills.
• Strong interpersonal relationship management ability.

Responsibilities

• Maintain understanding of regulatory initiatives.
• Lead and manage requirements planning and validation.
• Conduct data mining to analyze business factors.

Skills

Business Data Analysis

Agile Methodology

Business Process Modeling

Communication

Critical Thinking

Requirements Analysis

Education

5–7 years of experience as a Business Analyst

Expertise in analyzing complex business problems

Financial services/banking experience

CBAP, PMI-PBA, or equivalent certifications

Tools

Jira

Confluence

Tableau

Mural

Visio

Job description

Job Description

What is the opportunity?

Are you passionate about delivering successful, high-impact transformation initiatives with a financial services leader in Canada and across the globe? At RBC we are searching for a dynamic Lead Business Analyst to join our team. You will be at the forefront of regulatory initiatives that will shape Banking's future.

As a representative of the Value Office, you will be a member of the largest Project Management Office in RBC and part of a collaborative team that is a catalyst for delivering transformation initiatives, accelerating value creation, and infusing Agile ways of working that drive continuous improvement. We pride ourselves on fostering a supportive culture where your contributions make an impact. You will work with a diverse set of stakeholders and senior leaders and will be at the forefront of strategy execution with teams that deliver some of RBC’s most important initiatives.

As a Lead Business Analyst, you will play a pivotal role in shaping business solutions and driving strategic initiatives. You will consolidate and analyze data, elicit and document business requirements, and collaborate with stakeholders to develop high quality innovative solutions that address complex business challenges. By leveraging industry best practices and RBC's frameworks, you will ensure alignment with business objectives while championing continuous improvement and stakeholder engagement.

What will you do?

• Regulatory Compliance: Maintain a thorough understanding of regulatory initiatives and sanctions system capabilities, gaps, and opportunities. Support regulatory traceability documentation and technical testing, including Business Acceptance Testing and User Acceptance Testing.
• Requirements Management: Lead and manage requirements planning, elicitation, documentation, and validation processes, ensuring traceability and alignment with business objectives.
• Business Process Modelling: Lead process modelling by engaging stakeholders to create or modify business process maps following RBC standards. Identify opportunities or gaps and recommend improvements.
• Business Analysis: Gather, consolidate, and analyze relevant data from various sources to provide meaningful insights that support business decisions and strategic direction.
• Business Agility: Align with the product owner and participate in agile routines, supporting backlog management, user story writing, sizing, and prioritization.
• Stakeholder Management: Identify and prioritize stakeholder requirements, ensuring effective onboarding and communication of strategic direction. Build trust through reliability and transparency, facilitating negotiations and managing conflict resolution.
• Quality Assurance: Lead the creation of collaboratively built robust test plans and artifacts for User Acceptance Testing (UAT) and Post Implementation Verification (PIV).
• Process Improvement & Innovation: Identify inefficiencies, bottlenecks, and gaps in business processes, leveraging methodologies like Lean, Six Sigma, and Design Thinking to drive improvements.
• Data Analysis & Reporting: Conduct data mining and analysis to generate insights supporting regulatory initiatives. Propose analytical measurement methodologies, including Key Performance and Key Risk Indicators, and deliver scheduled and ad-hoc reporting.

What do you need to succeed?

Must have:

• 5–7 years of experience as a Business Analyst or Business Systems Analyst within large and complex banking programs.
• Expertise in analyzing complex business problems, proposing data-driven solutions, and presenting insights in a structured, compelling manner.
• Advanced requirements management skills with experience leading diverse stakeholders through requirements gathering, elicitation techniques, and documentation.
• Highly skilled in business process modeling, requirements documentation, and user story mapping.
• Advanced communication and facilitation skills to lead requirements gathering and deliver complex information to diverse audiences, including senior-level stakeholders.
• High proficiency in stakeholder and relationship management to build strong partnerships and influence outcomes with senior leaders.
• Agile delivery experience, including backlog grooming, sprint planning, and writing effective user stories with clear acceptance criteria.
• Experience leading large program quality assurance through UAT and PIV.
• Expertise with tools such as Jira, Confluence, Tableau, Mural, and Visio.
• Financial services/banking experience, ideally in regulatory and compliance contexts.

Nice to have:

• CBAP, PMI-PBA, or equivalent certifications.

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• A comprehensive Total Rewards Program
• Leaders who support your development through coaching and experiential learning

Job Skills

Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis

Additional Job Details

Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: PERSONAL & COMMERCIAL BANKING

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-11-17

Application Deadline: 2025-12-01

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.