Business Systems Analyst supporting credit risk, Expected Credit Loss, regulatory reporting, and finance transformation programs. Responsibilities include gathering requirements, translating business needs into functional and technical specifications, analyzing and mapping data, supporting system integration, validating data quality, managing traceability, and coordinating stakeholders across Risk, Finance, Data Governance, Regulatory Reporting, and Technology teams.
We are seeking an experienced Business Systems
Analyst (BSA) with strong expertise in Credit Risk, Expected Credit Loss (ECL),
and Regulatory Reporting within the banking and financial services industry.
The ideal candidate will act as a liaison between business and technology
teams, driving requirements management, data analysis, system integration,
testing, and regulatory compliance initiatives for risk and finance
transformation programs.
Key
Responsibilities
Business
Analysis & Requirements Management
- Gather, analyze, document, and validate business and system
requirements related to Credit Risk and ECL processes.
- Collaborate with Risk, Finance, Data Governance, Regulatory
Reporting, and Technology teams to define business solutions.
- Translate business requirements into detailed functional and
technical specifications.
- Facilitate stakeholder workshops, requirement reviews, and solution
design sessions.
- Maintain end-to-end requirement traceability throughout the project
lifecycle.
Credit Risk
& ECL Initiatives
- Support the implementation and enhancement of Expected Credit Loss
(ECL) processes and systems.
- Work with stakeholders on key ECL components, including:
- Probability of Default (PD)
- Loss Given Default (LGD)
- Exposure at Default (EAD)
- Forward-Looking Information (FLI)
- Macro-Economic Scenarios
- Staging Assessment (Stage 1, Stage 2, and Stage 3)
- Partner with quantitative modeling teams to support model
implementation and business requirements.
- Assess impacts of regulatory, accounting, and business changes on
ECL processes and reporting.
Data
Analysis & Systems Integration
- Perform data analysis, data mapping, and gap assessments across
multiple applications and platforms.
- Support data quality, reconciliation, and validation activities.
- Collaborate with technology teams on system integration and data
transformation initiatives.
- Assist in defining business rules and data requirements for
enterprise risk systems.
Required
Qualifications
- 7–10+ years of Business Analysis experience within Banking or
Financial Services.
- Minimum 3+ years of experience supporting ECL (Expected Credit
Loss) initiatives.
- Strong understanding of Credit Risk Management and Regulatory
Reporting processes.
- Experience gathering and documenting business, functional, and
system requirements.
- Strong analytical, problem-solving, and stakeholder management
skills.
- Experience in large-scale data, risk, or finance transformation
programs.
- Knowledge of SDLC, Agile, and Waterfall delivery methodologies.
- Excellent communication, presentation, and documentation skills.
Kumaran Systems Toronto, Ontario, CAN Office
703 Evans Avenue, Suite 605 , Toronto, ON , Canada, M9C 5E9
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