Senior Business Analyst – Payments

ProViso Staffing; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading company is seeking a Senior Business Analyst to drive the Payment Modernization Project. In this role, the successful candidate will lead the analysis of business requirements, collaborate with stakeholders, and provide project management support, ensuring alignment with business objectives. Candidates with a strong background in business analysis, knowledge of payment systems, and capital markets are preferred. This is a contract role with a duration of 12 months.

Qualifications

• 10 years of experience as a Business Analyst, preferably in a Financial Institution.
• Knowledge of payment systems and regulatory requirements.
• Experience leading complex projects.

Responsibilities

• Lead analysis and documentation of business requirements for the payment modernization project.
• Develop project plans, timelines, and milestones.
• Conduct gap analysis and propose solutions.

Skills

Business Analysis

Payment Systems

Project Management

Capital Markets

Analytical Skills

Communication

Problem Solving

Education

Bachelor’s degree in Business Administration

Bachelor’s degree in Finance

Bachelor’s degree in Information Technology

Tools

Project Management Tools

Job description

Story Behind the Need

• Business group: GWO – Settlements & Clearing – Derivative Settlements
• Project: The Senior Business Analyst will play a pivotal role in driving the Payment Modernization Project. This role involves collaborating with internal stakeholders to design, develop, and implement a new internal payments platform. The ideal candidate will have a strong background in business analysis, project management, and payment systems.
• Reason for request: Additional Support Needed

Candidate Value Proposition

• The successful candidate will have the opportunity to work for one of Canada’s Top 5 Banks.

Typical Day in Role

• Lead the analysis and documentation of business requirements for the payment modernization project.
• Collaborate with internal stakeholders to gather and validate requirements, ensuring alignment with business objectives.
• Develop detailed project plans, timelines, and milestones to ensure successful project delivery.
• Facilitate communication between technical teams and business units to ensure seamless integration and implementation of the new payments platform.
• Conduct gap analysis and propose solutions to bridge identified gaps.
• Monitor project progress, identify risks, and implement mitigation strategies.
• Provide regular updates and reports to senior management and stakeholders.
• Ensure compliance with industry standards and regulatory requirements.
• Support user acceptance testing (UAT) and provide training to end-users.

Must Have Skills:

• 10 years of experience as a Business Analyst (preferably with a Financial Institution)
• Knowledge of payment systems, industry standards, and regulatory requirements.
• Experience with capital markets.

Soft Skills:

• Proven experience in leading complex projects and driving business transformation initiatives.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in project management tools and methodologies.
• Ability to work independently and as part of a team.

Nice-To-Have Skills:

• ISO Knowledge is an asset

Education:

• Bachelor’s degree in Business Administration, Finance, Information Technology, or a related field.

Best vs Average:

• The best candidate would be an experienced BA with knowledge of Payments Operations and products.
• Exposure to Capital Markets is required and ISO experience would be considered an asset.
• This individual would need to drive the project to ensure timelines are met.

Candidate Review & Selection

• Structure and Format: 1-2 rounds of interview:
o First round: MS Teams Interview with HM and other group manager(s)
o Potential second round with same group

Job Details

13273

Contract

12 months

Toronto