Senior Cap Markets BA - Payments

Nexus Systems Group Inc.; Toronto; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

A leading financial services firm in Toronto is seeking a Senior Business Analyst to drive the Payment Modernization Project. The ideal candidate will have 10+ years of experience, especially in payment systems and capital markets. This role requires strong analytical skills and project management proficiency. Candidates will work closely with stakeholders to ensure successful project delivery and compliance with standards.

Qualifications

• Proven experience in leading complex projects and driving business transformation initiatives.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.

Responsibilities

• Lead the analysis and documentation of business requirements for the payment modernization project.
• Collaborate with internal stakeholders to gather and validate requirements.
• Develop detailed project plans and timelines to ensure successful project delivery.
• Facilitate communication between technical teams and business units.
• Conduct gap analysis and propose solutions.
• Monitor project progress and identify risks.
• Provide regular updates and reports to management.
• Ensure compliance with industry standards.
• Support user acceptance testing and provide training.

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

Education

Bachelor's degree in Business Administration, Finance, Information Technology or a related field

Tools

Project management tools and methodologies

Job description

Overview

Location: Toronto (currently 2-3 days on site)

Contract Duration: 12 months to start

Extension: Possible

Number of Positions: 1

Schedule Hours: 9am-5pm, Monday-Friday

Story Behind the Need

Business group: GWO - Settlements & Clearing - Derivative Settlements

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
• First round: MS Teams Interview with HM and other group manager(s)
• Potential second round with same group