Leads complex business analysis for a Credit Risk and ECL rewrite program. Defines and validates business, functional, data, control, and reporting requirements; documents current and target-state processes; manages traceability, impacts, scope, and stakeholder alignment. Supports solution design, testing, UAT, implementation readiness, defect resolution, governance, and risk escalation across Risk, Finance, Data, Technology, and Regulatory Reporting teams.
Position Summary
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:
portfolio segmentation
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 and proactively escalate risks, issues, and dependencies
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
Kumaran Systems Toronto, Ontario, CAN Office
703 Evans Avenue, Suite 605 , Toronto, ON , Canada, M9C 5E9
Similar Jobs
Fintech • Payments • Financial Services
The Senior Business Systems Analyst gathers and documents business and technical requirements, analyzes current and future-state processes, and translates between stakeholders and technical teams. The role supports solution design, agile development, testing, UAT, defect resolution, stakeholder alignment, scope management, and governance documentation for Real-Time Rail payment systems.
Top Skills:
AgileReal-Time Rail Payment Systems
Fintech • Insurance • Financial Services
Supports Technology Operations & Risk initiatives involving governance, risk management, audit remediation, regulatory commitments, control oversight, and process improvement. Gathers requirements, analyzes data, develops dashboards and executive reporting, tracks remediation plans, identifies automation opportunities, and collaborates with technology, business, risk, audit, and compliance stakeholders.
Fintech • Insurance • Financial Services
Supports Salesforce agile initiatives from requirements analysis through testing and implementation. Designs and configures Salesforce Service Cloud solutions, including data models, interfaces, workflows, and automation for case management and contact center operations. Documents user stories, acceptance criteria, processes, risks, and impacts; investigates issues; recommends solutions; facilitates stakeholder decisions; measures outcomes through KPIs and feedback; and coaches other business analysts.
Top Skills:
AgentforceAmazon ConnectArtificial IntelligenceAutomationAWSExcelMS OfficeMicrosoft PowerpointMicrosoft VisioPower BISalesforceSalesforce FlowsSalesforce LightningSalesforce Service Cloud
What you need to know about the Toronto Tech Scene
Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.
