Senior Business Systems Analyst

Interac Corp.; Toronto; Hybrid; CAD 120,000 - 135,000; Full time

Benefits offered by this job

Generous vacation days

Comprehensive benefits

RRSP program

Hybrid work model

Employee assistance program

Parental leave top-up

Charitable donation matching

Job summary

Interac Corp. is seeking a Business Systems Analyst in Toronto, Ontario to partner with stakeholders across the Real Time Rail payments landscape.

You will translate business needs into detailed functional and non-functional requirements, write user stories and acceptance criteria, and map current and future processes to identify automation opportunities. The role involves supporting sprint planning, backlog refinement, and demos, while ensuring the delivered solutions meet business

Qualifications

• 3 to 4 years of experience as a Business Systems Analyst.
• Experience working with stakeholders to understand problems, objectives and outcomes.
• Ability to translate business needs into functional and non-functional requirements.

Responsibilities

• Understand business needs and gather requirements from stakeholders.
• Translate requirements into user stories, use cases, and acceptance criteria.
• Document and map current and future state processes to identify gaps and automation opportunities.
• Support sprint planning, backlog refinement, and demos.
• Assist in testing and UAT to validate delivered solutions against requirements.

Skills

Business analysis

Requirements gathering

Stakeholder management

Process mapping

Job description

Who We Are:Every transaction matters. Every Canadian matters. At Interac, we protect both — driving trust, security, and inclusion, so our digital economy thrives.Founded in 1984, Interac connects Canadians through secure digital payments, advanced identity verification and industry-leading fraud protection. Connecting banks, businesses, and individuals, Interac enables millions to send, receive, and manage money safely and effortlessly every day — across both digital and physical environments.As the backbone of Canada’s financial ecosystem, Interac facilitates over 20 million transactions daily, supported by trusted partnerships with government and financial institutions. Consistently ranked as Canada’s most reputable financial technology brand, Interac is deeply embedded in the daily lives of Canadians.Who You Will Work With:The vacant Business Systems Analyst role will report to Leader Process and Operational Excellence as part of a team providing operational oversight for the Real Time Rail payments systemsWhat You Will Do:Understand business needsMeet with stakeholders to understand problems, objectives, and desired outcomesUnderstand business processes, policies, and controlsGather and document requirementsConduct interviews, workshops, and process reviewsTranslate business needs into functional and non-functional requirementsWrite user stories, use cases, acceptance criteria, and requirements specificationsAnalyze business processesMap current-state (“as-is”) and design future-state (“to-be”) processesIdentify gaps, redundancies, manual work, and opportunities for automationRecommend process improvementsTranslate between business and ITExplain technical concepts to business stakeholdersExplain business requirements to developers, architects, and technical teamsResolve ambiguity ensuring everyone has the same understanding of the requirementDefine system solutionsHelp determine how systems should support business processes.Evaluate configuration vs. customization vs. new functionality.Support development and implementationClarify requirements for developersReview proposed solutions against business requirements.Participate in sprint planning, backlog refinement and demosHelp manage scope and requirements changes.Testing and quality assuranceDevelop or review test scenarios and acceptance criteriaSupport system/integration testing and UAT.Validate that the delivered solution meets requirementsHelp investigate and resolve defects.Stakeholder managementFacilitate workshops and decision-makingManage conflicting requirements and priorities.Obtain stakeholder approval/sign-off.Documentation and governanceMaintain requirements, process diagrams, decision logs, and system documentationWhat You Bring:3 to 4 years of experience working as a Business Systems AnalystEligibility to work for Interac Corp. in Canada in a full-time capacityWhat We’re Offering:The hiring range for this position is $120,000 - $135,000 , and you will also be eligible for our short-term incentive plan. The exact amount will depend on factors such as skills, experience, and job-related knowledge, but Interac’s commitment goes beyond compensation. Our Total Rewards package is designed to support your well-being and future, and includes:Generous vacation and wellness days to help you rechargeComprehensive employer-paid benefits coverage for peace of mindMarket-leading employer-funded RRSP program to invest in your futureFlexible hybrid work model for better work-life balanceAccess to a free and confidential 24/7 employee & family assistance program to offer support for you and your immediate familyPregnancy and parental leave top-up to support growing familiesCharitable donation matching with United Way to amplify your impactWhy Join Us?At Interac, the impact we make, and the people who drive it, is profound. When you become part of our team, you’re joining a purpose-driven organization that’s shaping the future of digital finance in Canada. Here’s what you can expect:Investing in the Future – Help us unlock digital prosperity for all Canadians.Innovative Thinking – Collaborate on products, practices, and platforms that redefine what’s possible.Inclusive Culture – Be empowered to bring your whole self to work and realize your full potential.Inspiring Community – Work in an ecosystem where we lift each other up and rise together.Intentional Support – Enjoy flexible, supportive offerings that prioritize your total wellness.Additional Pre-Employment Requirements:To ensure the integrity of our organization, successful candidates will be required to complete background checks, which may include, Canadian Criminal Credit Check, Canadian ID Cross-Check, Public Safety Verification, 5-year Employment Verification, Education Verification, Credit Check, and Social Media Check.Equal Opportunity EmployerInterac is also an equal opportunity employer committed to fostering a diverse and inclusive workplace. We believe that innovation thrives when people from different backgrounds, experiences, and perspectives come together. That’s why we are committed to providing fair and equitable employment opportunities for all individuals, without discrimination based on race, color, ancestry, ethnic origin, place of origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, marital or family status, disability, or any other characteristic protected by applicable law.If you require accommodation during any stage of the application or recruitment process, please contact us at [e-mail]. We will work with you to meet your needs.Please be aware that certain individuals are misusing Interac Corp.’s name and logo to promote fictitious employment opportunities. Interac Corp. never requests, solicits, or accepts any form of payment in exchange for employment. Any such offers are fraudulent and should be disregarded. Interac Corp. assumes no liability for any claims, losses, damages, expenses, or inconveniences arising from or related to these fraudulent activities. Such communications do not constitute an offer or representation by Interac Corp. or its subsidiaries and affiliates.