Story Behind the Need:

• Business group: GWO – Settlements & Clearing – Derivative Settlements
• Project: The Senior Business Analyst will play a pivotal role in driving the Payment Modernization Project. This role involves collaborating with internal stakeholders to design, develop, and implement a new internal payments platform. The ideal candidate will have a strong background in business analysis, project management, and payment systems.
• Reason for request: Additional Support Needed

Candidate Value Proposition:

• The successful candidate will have the opportunity to work for one of Canada’s Top 5 Banks.

Typical Day in Role:

• Lead the analysis and documentation of business requirements for the payment modernization project.
• Collaborate with internal stakeholders to gather and validate requirements, ensuring alignment with business objectives.
• Develop detailed project plans, timelines, and milestones to ensure successful project delivery.
• Facilitate communication between technical teams and business units to ensure seamless integration and implementation of the new payments platform.
• Conduct gap analysis and propose solutions to bridge identified gaps.
• Monitor project progress, identify risks, and implement mitigation strategies.
• Provide regular updates and reports to senior management and stakeholders.
• Ensure compliance with industry standards and regulatory requirements.
• Support user acceptance testing (UAT) and provide training to end-users.

Must Have Skills:

• 10 years of experience as a Business Analyst (preferably with a Financial Institution)
• Knowledge of payment systems, industry standards, and regulatory requirements.
• Experience with capital markets.

Soft Skills:

• Proven experience in leading complex projects and driving business transformation initiatives.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in project management tools and methodologies.
• Ability to work independently and as part of a team.

Nice-To-Have Skills:

• ISO Knowledge is an asset

Education:

• Bachelor’s degree in Business Administration, Finance, Information Technology, or a related field.

Best vs Average:

• The best candidate would be an experienced BA with knowledge of Payments Operations and products.
• Exposure to Capital Markets is required and ISO experience would be considered an asset.
• This individual would need to drive the project to ensure timelines are met.

Candidate Review & Selection:

• Structure and Format: 1-2 rounds of interview:
o First round: MS Teams Interview with HM and other group manager(s)
o Potential second round with same group