Business Analyst Financial Domain in Toronto

Business Analyst Financial Domain in Toronto

Toronto Full-Time 72000 - 88000 $ / year (est.) Remote
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At a Glance

  • Tasks: Analyze financial processes and collaborate with teams to deliver tech solutions.
  • Company: Join a leading financial services firm with a focus on innovation.
  • Benefits: Flexible work-from-home options, competitive salary, and professional growth opportunities.
  • Other info: Work in a dynamic environment with opportunities for career advancement.
  • Why this job: Make an impact in the financial sector while developing your analytical skills.
  • Qualifications: 4+ years as a Business Analyst in finance; strong communication and documentation skills.

The predicted salary is between 72000 - 88000 $ per year.

Job Description: Business Analyst - Financial Domain

Experience

4+ Years

Domain

Banking / Financial Services

Employment Type

  • Full-Time / Contract
  • Job Summary

We are seeking an experienced Business Analyst with 4+ years of experience in the financial services domain.

The ideal candidate will have strong knowledge of banking and financial processes, requirements gathering, business process analysis, and collaboration with technical and business stakeholders to deliver financial technology solutions.

Key Responsibilities

  • Gather, analyze, and document business requirements for financial and banking applications.
  • Work closely with business stakeholders, product owners, developers, QA teams, and project managers.
  • Prepare BRDs, FRDs, user stories, use cases, and acceptance criteria.
  • Analyze financial workflows, business processes, and system integrations.
  • Support projects related to banking operations, payments, lending, credit cards, loans, or financial reporting.
  • Conduct gap analysis, impact analysis, and root-cause analysis.
  • Participate in Agile/Scrum ceremonies, sprint planning, and backlog refinement.
  • Develop process flow diagrams, workflow models, and functional specifications.
  • Coordinate User Acceptance Testing (UAT), validate test scenarios, and support defect resolution.
  • Ensure requirements align with business objectives, internal policies, and applicable financial regulations.
  • Support data analysis, reconciliation, and reporting using Excel and SQL where required.
  • Required Skills
  • 4+ years of experience as a Business Analyst in the financial services or banking domain.
  • Strong understanding of financial processes and banking operations.
  • Experience in requirements elicitation, documentation, and stakeholder management.
  • Proficiency in BRD, FRD, user stories, use cases, and acceptance criteria.
  • Experience with Agile/Scrum and Waterfall methodologies.
  • Working knowledge of Jira, Confluence, Microsoft Excel, and Visio.
  • Basic SQL skills for data validation and analysis.
  • Excellent analytical, communication, and problem-solving skills.
  • Preferred Qualifications
  • Experience with Canadian banks, credit unions, fintech companies, or financial institutions.
  • Exposure to payment processing, wire transfers, ACH/EFT, SWIFT, lending, mortgages, or credit risk.
  • Knowledge of KYC, AML, fraud prevention, and regulatory compliance.
  • Experience with financial data reconciliation, reporting, and system integrations.
  • Familiarity with Power BI or Tableau is an advantage.
  • CBAP, CCBA, or PMI-PBA certification is a plus.

Education

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

  • Candidate Requirements
  • Minimum 4 years of relevant Business Analyst experience.
  • Financial services or banking domain experience is required.
  • Candidates must be located in Canada and authorized to work in Canada, subject to client requirements.
  • Strong stakeholder communication and documentation skills.

Flexible work from home options available.

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Business Analyst Financial Domain in Toronto employer: Veracity Ventures Inc.

Join a dynamic and innovative team as a Senior Full-Stack Software Developer in Canada, where your contributions will directly impact meaningful projects. Our collaborative work culture fosters creativity and growth, offering ample opportunities for professional development and skill enhancement. With a focus on cutting-edge technologies and a supportive environment, we ensure that our employees thrive both personally and professionally.

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Contact Details:

Veracity Ventures Inc. Recruitment Team

We think you need these skills to ace Business Analyst Financial Domain in Toronto

Business Process Analysis
Requirements Gathering
Stakeholder Management
BRD Preparation
FRD Preparation
User Stories Development
Use Cases Documentation