Lead Business System Analyst

RBC

Toronto

On-site

CAD 90,000 - 130,000

Full time

14 days+

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Benefits offered by this job

Total rewards program

Bonuses and flexible benefits

Stock where applicable

Global collaboration

Job summary

RBC in Toronto is seeking a technical business analyst who bridges business needs and IT solutions, focusing on data flows, risk, and compliant design. You will document data, validate rules, and partner with engineers and QA to improve processes.

The role emphasizes testing strategy, data masking, and identifying inefficiencies, with opportunities to apply AI to analysis, automation, and performance. Collaboration spans Canada and beyond.

Qualifications

Strong knowledge of financial products including Equity, Options, Mutual Funds, FX and Fixed Income.
Strong business analysis experience in financial services with data and root-cause analysis.
Ability to document business processes, functional requirements, non-functional requirements (NFRs), user stories, and acceptance criteria.
Experience with Jira, Confluence, and Git.
Ability to identify and implement opportunities to leverage AI to improve business analysis, requirements management, data analysis, testing, and operational processes.
Familiarity with REST/SOAP APIs to facilitate data exchange between systems.
SQL: Advanced proficiency to extract, transform, and analyze data from relational databases.

Responsibilities

Translate and validate complex business rules with stakeholders.
Curate feature-specific test data sets for functional and regression testing.
Design and generate synthetic, anonymized, or masked test data.
Understand upstream applications and dataflows; document dataflows.
Implement data masking in non-production environments.
Design and evaluate system solutions; create diagrams and specifications.
Identify inefficiencies in legacy core banking platforms and recommend improvements.
Value Stream Analysis: identify bottlenecks and automation opportunities.
Communicate with RBC partners and employees across Canada and worldwide.

Skills

Agile methodologies

Data analysis

Business analysis

Requirements analysis

Communication

Decision making

Problem solving

Interpersonal skills

Education

CBAP

PMI-PBA

Master's Certificate in Business Analysis

Tools

Jira

Confluence

Git

REST/SOAP APIs

Job description

Job Description

A technical professional who bridges business needs and IT solutions. They analyze organizational systems, create user stories, identify inefficiencies, and recommend technology solutions to improve business processes. This role is ideal for technical problem-solvers who excel at implementing innovative solutions while maintaining compliance and quality. Proficiency in banking systems, data flows, and associated risks is a strong asset. Your core responsibilities revolve around three key pillars: business rule validation and alignment, where you ensure technical solutions meet organizational goals; test strategy and execution, designing robust frameworks for system reliability and process optimization, leveraging technology to streamline workflows. You will act as a liaison between business units, software engineers, and quality analysts.

What will you do?

Translate and validate complex business rules with stakeholders, ensuring mutual agreement on definitions, logic, and expected outcomes.
Curate feature-specific test data sets that align with distinct business logic, workflows, and use cases to enable comprehensive functional and regression testing across all system modules.
Design and generate synthetic, anonymized, or masked test data to validate system functionality, reports, and business rules, ensuring test data covers edge cases, compliance scenarios, and performance requirements.
Gain understanding of upstream applications and the data provided, interfacing with other app teams and architects as needed to document dataflows.
Implement data masking techniques to protect sensitive information in non-production environments.
Design and evaluate system solutions that meet business objectives, including assessing existing systems and recommending improvements or replacements, while creating system diagrams and technical specifications to guide implementation.
Identify inefficiencies in existing systems (e.g., legacy core banking platforms) and recommend improvements.
Value Stream Analysis: Identifying bottlenecks and opportunities for automation or data-driven improvements.
In this role, you will communicate and interact frequently with RBC partners and/or employees located across Canada and/or worldwide.

What do you need to succeed?

Must-have:

Strong knowledge of financial products like, Equity, Options, Mutual Funds, Foreign Exchange (FX), and Fixed-Income.
Strong business analysis experiences in financial services- Perform data analysis and root-cause analysis for business and system issues.
Ability to analyze and document business processes, functional requirements, non-functional requirements (NFRs), user stories, and acceptance criteria.
Experience with collaboration & Development tools like Jira, Confluence and Git version control system.
Ability to identify, evaluate and implement opportunities to leverage AI to improve business analysis, requirements management, data analysis, testing, and operational processes
API & Integration Knowledge : Familiarity with REST/SOAP APIs to facilitate data exchange between systems.
SQL: Advanced proficiency to extract, transform, and analyze data from relational databases

Nice-to-have :

Certified Business Analysis Professional (CBAP) or Project Management Institute -Professional in Business Analysis Certification (PMI - PBA) (Preferred)
Master’s Certificate in Business Analysis (Preferred)

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.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
A world-class training program in financial services.
Flexible work/life balance options.
Opportunities to do challenging work.

Job Skills

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

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform: