At a Glance
- Tasks: Lead complex analysis for Credit Risk and ECL rewrite, collaborating with various teams.
- Company: Kumaran Systems, a leader in engineering future-ready transformations since 1992.
- Benefits: Inclusive workplace, competitive salary, and opportunities for professional growth.
- Other info: Join a dynamic team focused on innovation and collaboration.
- Why this job: Be at the forefront of banking transformation and make a real impact.
- Qualifications: Experience in banking transformation and strong understanding of requirements lifecycle.
The predicted salary is between 126909 - 155111 $ per year.
Kumaran Systems has been helping enterprises bridge the past and the future, reimagining legacy systems and embracing AI-led possibilities. With over 34 years of delivery excellence, we specialise in re-engineering core applications, driving cloud transformation, and building automation-first, GenAI-enabled ecosystems across the Banking and Financial Services, Insurance, Telecom, and Automotive sectors.
The Senior Business Systems Analyst leads complex analysis activities for the Credit Risk and ECL rewrite program and acts as a key liaison between business, risk, finance, data, and technology teams. The role is responsible for driving requirements definition, process and data analysis, stakeholder alignment, and delivery support for strategic target-state capabilities.
Key Responsibilities:
- Lead requirements workshops and stakeholder discussions across Risk, Finance, Technology, Data, and Regulatory Reporting.
- Elicit, analyse, document, and validate business, functional, non-functional, data, control, and reporting requirements.
- Own complex requirement streams related to: staging methodology, PD, LGD, and EAD requirements, scenario-based forecasting and overlays, provisioning, impairment reporting, controls, and reconciliation.
- Define and document current-state and target-state processes, business rules, and data requirements.
- Lead traceability, impact assessment, solution clarification, and scope management.
- Support design reviews, testing strategy, UAT, implementation readiness, and defect resolution.
- Prepare materials for governance forums.
Strong experience in banking transformation, Credit Risk, ECL, IFRS 9, provisioning, or impairment initiatives. Demonstrated experience delivering on system rewrite, modernization, or large transformation programs. Strong understanding of end-to-end requirements lifecycle and SDLC delivery.
Business Systems Analyst in Toronto employer: Kumaran
Kumaran Systems is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for Senior Java Engineers to thrive. With a commitment to employee growth, we offer continuous learning opportunities and the chance to work on transformative projects in the banking and telecom sectors. Located in a vibrant tech hub, our team enjoys a dynamic work environment that encourages creativity and the use of cutting-edge technologies.
