Sr. Business Analyst - Equity Derivatives

Synechron

Toronto

Hybrid

CAD 110,000 - 120,000

Full time

14 days+

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Benefits offered by this job

15 days of paid annual leave

Comprehensive insurance plan

Flexible hybrid policy

RRSP with employer contribution

On-demand access to courses

Job summary

A leading financial services firm is seeking a dynamic Sr. Business Analyst for its Equity Derivatives division in Toronto. This role involves liaising with stakeholders to improve equity derivatives products and trading solutions. The ideal candidate should possess 9+ years of experience in capital markets, with strong analytical and communication skills. A Bachelor’s degree in a relevant field is essential. This position offers a competitive salary and comprehensive benefits in a diverse workplace.

Qualifications

9+ years of experience in a Business Analyst role within capital markets.
Strong knowledge of equity derivatives like options, futures, and swaps.
Experience with trading systems and risk management tools.

Responsibilities

Gather, analyze, and document business requirements.
Collaborate with traders, quants, and IT teams.
Conduct gap analysis and recommend process improvements.

Skills

Analytical skills

Problem-solving skills

Communication skills

SQL proficiency

Familiarity with Agile/Scrum

Education

Bachelor's degree in Finance, Economics, Computer Science, or related field

MBA or CFA

Tools

SQL

Excel

JIRA

Confluence

Job description

Sr. Business Analyst - Equity Derivatives

Base pay range

CA$110,000.00/yr - CA$120,000.00/yr

We are seeking a dynamic Business Analyst to support our Equity Derivatives division. The ideal candidate will liaise between business stakeholders and technical teams to facilitate the development, implementation, and enhancement of equity derivatives products, trading platforms, and risk management systems. This role is key in ensuring that technological solutions align with business needs and market regulations.

Additional Information*

The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within Toronto, ON is CAD $110k – CAD $120k/year & benefits (see below).

The Role

Responsibilities:

Gather, analyze, and document business requirements related to equity derivatives products, trading platforms, and risk management systems.
Collaborate with stakeholders including traders, quants, risk managers, IT teams, and external vendors to ensure clear understanding of business needs.
Assist in the design and testing of new derivative products, features, and enhancements to existing systems.
Support the development of functional specifications, user stories, and acceptance criteria.
Facilitate communication between technical teams and business units to ensure timely delivery and quality.
Conduct gap analysis and recommend process improvements to optimize trading, pricing, and risk management workflows.
Participate in system UAT (User Acceptance Testing) and coordinate training and documentation efforts.
Monitor regulatory compliance requirements impacting equity derivatives trading and reporting.
Stay informed about market developments, new products, and technologies in equity derivatives

Requirements:

Bachelor's degree in Finance, Economics, Computer Science, or related field; MBA or CFA a plus.
9+ years of experience in a Business Analyst role within the capital markets or derivatives space.
Strong knowledge of equity derivatives, including options, futures, swaps, and structured products.
Familiarity with derivatives pricing, valuation models, and risk metrics.
Experience working with trading systems, pricing engines, and clearing platforms.
Excellent analytical, problem-solving, and communication skills.
Proficiency with SQL, Excel, and leverage of tools like JIRA, Confluence, or similar.
Ability to navigate complex stakeholder environments and prioritize tasks effectively.
Knowledge of regulatory frameworks (e.g., Dodd-Frank, EMIR) impacting derivatives markets.

Preferred, but not required:

Experience with Agile/Scrum methodologies.
Understanding of electronic trading platforms and APIs.
Knowledge of programming languages (Python, Java, etc.) is advantageous.
Prior experience with risk management tools and systems.

We offer:

A multinational organization with 58 offices in 21 countries and the possibility to work abroad.
15 days (3 weeks) of paid annual leave plus an additional 10 days of personal leave (floating days and sick days).
A comprehensive insurance plan including medical, dental, vision, life insurance, and long-term disability.
Flexible hybrid policy.
RRSP with employer’s contribution up to 4%.
A higher education certification policy.
On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses.
Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups.
Cutting edge projects at the world’s leading tier-one banks, financial institutions and insurance firms.
A truly diverse, fun-loving and global work culture.

S YNECHRON’S DIVERSITY & INCLUSION STATEMENT

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

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