Senior Business Analyst with payments experience to support an API upgrade project with one of [...]

S I Systems; Toronto; Hybrid; CAD 95,000 - 120,000; Full time

Job summary

A leading consulting firm in Toronto is seeking a Senior Business Analyst with payments experience to support an API upgrade project for a major banking client. The role involves leading requirement analysis, collaborating with stakeholders, and optimizing payment processes in a hybrid working environment. Ideal candidates should have significant experience in business analysis and QA testing, with a strong understanding of payment systems.

Qualifications

• 8-9 years of experience in business process mapping, requirements gathering & documenting, and system analysis.
• 3-4 years of experience with QA testing.
• Knowledge of conducting gap analysis on different payment standards.
• Payments Domain Knowledge is an asset.
• Experience working in Agile project methodology.

Responsibilities

• Lead the analysis, documentation, and validation of business requirements.
• Collaborate with business stakeholders and technology teams across the bank.
• Translate complex business needs into clear functional requirements and user stories.
• Facilitate workshops with cross-functional teams to gather and analyze requirements.
• Contribute to design and optimization of payment processes.

Skills

Business process mapping

Requirements gathering

System analysis

QA testing

Jira

Confluence

MS Office

Education

Bachelor's Degree in Computer Science, Software Engineering, or related area

Tools

Jira

Confluence

MS Office

Job description

Senior Business Analyst with payments experience to support an API upgrade project with one of our major banking clients- 37992

Senior Business Analyst with payments experience to support an API upgrade project with one of our major banking clients- 37992

Location Address: Hybrid - Scarborough- expected to come into office 3-4/week

Contract Duration: 5 months (Possibility of extension)

Schedule Hours: 9 am-5 pm Monday-Friday; standard 37.5 hrs/week

Reason: New program that requires resources

Story Behind the Need

Business group: Global Cash Management Technology

Contributes to the overall success of the Payments & Core Banking Engineering globally, ensuring specific individual goals, plans, and initiatives are executed/delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Real Time Rail program: APIs to be upgraded to go to real-time settlement.

We are looking for an enthusiastic individual to innovate and collaborate on the value-driven goals in delivering customer value. You will engage in a fast-paced and challenging environment, with opportunities to build new relationships and learn how you can make an impact in the competitive, trillion-dollar Payments industry. You will be exposed to a wide range of businesses both internally and externally, then leveraging Scotiabank’s strong technology base, build and develop on strategic, forward-looking infrastructure.

Candidate Value Proposition:

The consultant joining this program will not only learn what it is like to be a full-stack software engineer, but also get to work directly with leaders from both the business and technology side! On top of that, the intern will get to experience how it is like to work within an Agile software engineering team. Finally, the intern can expect to learn about mission-critical payment and cash management services within the bank, how they are engineered, and get a peek into the future of cash management and payments within Scotiabank, Canada, and across the world!

Typical Day in Role:

Lead the analysis, documentation, and validation of business requirements ensuring all the decisions and requirements changes are properly captured

Collaborate with business stakeholders and technology teams across the bank as well as external partners, to deliver the end-to-end solution

Translate complex business needs into clear and concise functional requirements and user stories

Facilitate workshops and working sessions with cross-functional teams to gather and analyze requirements

Contribute to design and optimization of payment processes, ensuring compliance with industry standards and regulatory requirements

Support the scrum master and project manager in planning, scoping, and impact analysis for initiatives

Perform gap analysis, root cause assessments, and release readiness reviews for payment system enhancements or upgrades

Act as a subject matter expert (SME) for payments-related projects and operational improvements

Monitor post-implementation performance and incident resolution

Must be able to work within tight deadlines and schedules which may result in extended working hours during peak time to meet project deliverables

Mentor and coach less experienced team members

Support various portfolio initiatives where possible

Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge

Champion a high-performance environment and contributes to an inclusive work environment

Experience and willingness to execute various test cycles

Ability to come to the office 3 times a week

Candidate Requirements/Must Have Skills:

•8-9 years of experience in business process mapping, requirements gathering & documenting and system analysis

•3-4 years of experience with QA testing

•Knowledge of conducting gap analysis on different payment standards

•Proficiency in using Jira / Confluence/ MS Office

Nice-To-Have Skills:

•Payments Domain Knowledge is an asset

•Experience working in Agile project methodology

•Experience in the Banking/Financial industry is a nice-to-have

Education:

•Bachelor's Degree in Computer Science, Software Engineering, or related area.

Best VS. Average Candidate:

An ideal candidate will have a mix of experience in BA and QA.

Format: 30–45 minute MS Teams video interview

Participants: Hiring Manager and Business Analyst

Content: 30 minutes focused on verbal questions assessing technical skills

Note: Interview format may be subject to change

Second Round Interview (if required)

Format: 30–45 minute MS Teams video interview

Participants: Hiring Manager, Architect, and Automation Developer

Content: Scenario-based questions to evaluate problem-solving and role fit

*Need a computer with working camera for the interview, and sharing screen – video must be ON