Senior Business Analyst - (Payment Systems)

Bank of Montreal; Toronto; On-site; CAD 74,000 - 139,000; Full time

Job summary

An established industry player is seeking a Senior Business Analyst to enhance payment systems and optimize operations. In this role, you will define business requirements, analyze data, and collaborate with various stakeholders to drive business value. You will have the opportunity to work on innovative projects that shape the future of banking technology. This position offers a collaborative environment where your insights will directly impact business results. If you are passionate about using your analytical skills to make a difference, this is the perfect opportunity for you.

Benefits

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Performance-based incentives

Discretionary bonuses

Qualifications

• Experience in business analysis with a focus on payment systems.
• Proficiency in stakeholder management and process optimization.

Responsibilities

• Investigates and identifies strategies to optimize business operations.
• Defines business requirements and collaborates with stakeholders.

Skills

Agile Delivery and Development

Data analysis

Learning Agility

Process improvement and optimization

Organization process optimization

Business architecture frameworks

Stakeholder Analysis and Management

Digital Fluency

Systems Thinking

Verbal & written communication skills

Collaboration & team skills

Analytical and problem solving skills

Data driven decision making

Education

Minimum of 8 years experience as a business analyst

Knowledge in banking applications

Job description

Senior Business Analyst - (Payment Systems)

Application Deadline:
04/13/2025

Address:
33 Dundas Street West

Job Family Group:
Technology

Investigates and identifies strategies to optimize business operations and services, and inform business decisions. Defines business requirements to inform technology build and operations by sourcing and analyzing relevant data, reviewing and documenting business processes and collaborating with business stakeholders. Sources business and market data to evaluate the effect of projects on business results. Also assesses the efficiency and the performance of technology (software, hardware and the wider IT system) to deliver expected business results. Identifies and analyzes malfunctions, system workflow, and troubleshoots issues raised by business.

• Elicits requirements and analyzes feasibility to ensure solutions/initiatives achieve the expected business outcomes.
• Supports various project teams across the project lifecycle to ensure development is aligned with the business requirements.
• Develops informative, coherent, and usable project documents (project artifacts) for multiple stakeholders covering functional and non-functional business requirements.
• Applies depth of domain & functional expertise for the assigned portfolio to drive the expected business value.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Builds tests cases in order to validate business requirements and End-User Testing results.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Provides specialized consulting, analytical and technical support.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently and regularly handles non-routine situations.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

Foundational level of proficiency:

• Agile Delivery and Development.
• Data analysis.
• Learning Agility.

Intermediate level of proficiency:

• Process improvement and optimization.
• Organization process optimization.
• Business architecture frameworks.
• Stakeholder Analysis and Management.
• Digital Fluency.
• Systems Thinking.
• Verbal & written communication skills.
• Collaboration & team skills.
• Analytical and problem solving skills.
• Data driven decision making.

Advanced level of proficiency:

• Minimum of 8 years experience as a business analyst.
• Have sound knowledge and experience in banking applications such as online banking applications, Wire payments, e-transfer, Electronic Funds Transfer, Business banking applications would be highly beneficial.
• Strong knowledge on Bank Payment systems would be an added advantage.

Salary:

$74,800.00 - $138,600.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: here.

About Us:

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at here.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.