Senior Business Analyst - Broker Dealer

NCND NASDAQ Canada, Inc; Toronto; Hybrid; CAD 90,000 - 140,000; Full time

Benefits offered by this job

Hybrid work model NasdaqBlend

You&Q rewards program

Competitive rewards package

Job summary

Nasdaq, Inc. is seeking a Senior Specialist Business Analyst focused on Product Management for Broker Dealer in Toronto.

The role translates complex regulatory requirements into clear functional specs, shaping product improvements and supporting clients with domain expertise. The ideal candidate has strong RegTech experience, broker‑dealer regulatory reporting knowledge, and excellent analytical and communication skills to thrive in a collaborative, data‑driven environment.

Qualifications

• Bachelor’s/Master’s degree in Finance or related field or equivalent experience.
• Experience in RegTech or financial services technology.
• Strong broker‑dealer regulatory reporting knowledge.
• Analytical and problem‑solving skills to translate regulations into specs.
• Clear communicator in matrixed, collaborative teams.

Responsibilities

• Translate global broker‑dealer regulatory changes into functional requirements.
• Create high‑quality specifications including data models and reporting logic.
• Collaborate with Development and QA to ensure correct implementation and testing.
• Identify gaps and ambiguities in regulations and propose practical solutions.
• Act as regulatory reporting subject matter expert and support client queries.

Skills

RegTech experience

Broker‑Dealer reporting

Regulatory expertise

Analytical thinking

Cross-functional collaboration

Education

Bachelor's or Master's in Finance

Job description

Senior Business Analyst , Product Management for Broker Dealer

As a Senior Specialist Business Analyst reporting to Product Manager (Broker Dealer), you’ll play a critical role in translating complex regulatory requirements into clear functional specifications, shaping product improvements, and supporting clients with domain expertise. The role requires strong analytical depth, hands‑on involvement, and the ability to work closely with cross‑functional teams. You’ll thrive in this position if you’re collaborative, data‑driven and able to visualise the big picture, have a global attitude, and bring a passion for Capital and functional know how of technology to a fast‑paced, high‑impact environment.

Key Responsibilities

• Analyze global broker‑dealer regulatory changes, interpret regulatory texts, and translate them into structured functional requirements.
• Create high‑quality functional specifications, including data models, field‑level definitions, reporting logic, validations, and exception handling.
• Collaborate closely with Development and QA teams to ensure accurate implementation and support QA in defining test scenarios and validating delivered functionality.
• Identify gaps, ambiguities, and edge cases in regulations, proposing clear and practical solutions.
• Act as a subject matter expert in regulatory reporting, participate in backlog/sprint activities, and support client queries and issue resolution with a structured, solution‑oriented approach.

Required Qualifications

• Bachelor’s/Master’s degree in Finance or a related field, or equivalent practical experience.
• Previous experience in a RegTech environment or financial services technology.
• Strong understanding of broker‑dealer regulatory reporting frameworks.
• Excellent analytical and problem‑solving skills with the ability to break down complex regulatory concepts into structured logic.
• Clear and effective communicator with experience working in collaborative, matrixed teams.

Preferred Qualifications

• Advanced degree or professional certification (e.g., MBA, CFA).
• Experience in capital markets, FinTech, or other highly regulated industries.
• Comfortable collaborating with global teams and navigating cross‑border cultural nuances.

This position will be located in Toronto and offers the opportunity for a hybrid work environment at least 3 days a week in‑office, subject to change, providing flexibility and accessibility for qualified candidates.

Equal Opportunity and Inclusion

Come as You Are Nasdaq is an equal opportunity employer.

We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

What We Offer

• We’re proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq’s overall success.
• Our hybrid work model, NasdaqBlend, gives you flexibility to do your best work—whether that’s from home, in the office, or a mix of both.
• We support your success through You&Q, our total rewards program that covers every dimension of life—from building wealth and growing your career to prioritizing well‑being and family care.

At Nasdaq, we’re proud to be the engine behind the world’s capital markets. But we don’t stop there. We build the technology that drives transparency, trust, and access—helping economies grow and people thrive. Our purpose is to advance economic progress for all. Whether you’re a client, a colleague, or part of our broader community, we’re here to move markets—and possibilities—forward.

Join our Talent Community to stay in the loop on upcoming roles, events, and new opportunities across Nasdaq.

Check the job listing or reach out to our team for role‑specific details.

We’re a global team of over 8,500 innovators across 38 countries, united by a shared purpose: advancing economic progress for all.

It’s not just what we do—it’s how we do it, together.

Want a deeper look into our culture? Explore our Culture Book.

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