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Senior Business Systems Analyst At IFDS Group

Location: Toronto, Ontario

Job Description

The Senior Business Systems Analyst is responsible for providing business systems solutions to our external and internal clients through the enhancement of IFDS products and functionality. Senior business systems analysts are lead participants in the project life cycle from inception to production and are required to liaise between our clients and internal development teams to ensure detailed requirements are understood and documented, and to facilitate the building or modifying of our applications to meet client and industry needs. At IFDS business systems analysts are also engaged in new client launches, conversions, activation of products/functionality, and support of production issues. The Senior Business Systems Analyst position requires very strong analytical, leadership, and problem-solving skills, as well as excellent written and verbal communications. A Senior BSA must have proficient knowledge of, and experience in, all BA Knowledge Areas and SDLC.

Roles & Responsibilities:

The Senior Business Systems Analyst should be able to perform the following taking a leadership role and with a high level of proficiency:

Plan Business Analysis Approach
  • Support Initiation and Planning phases of the SDLC
  • Work with the client to obtain an understanding of their products and services by participating in JAD and/or conducting JAM sessions
  • Respond to changing organizational priorities
Requirements Elicitation and Definition
  • Elicit and translate customer product requirements into comprehensive business requirements, user stories, process flows, functional and non-functional requirements
  • Have experience in creating decision tables, use cases, process flows, user and implementation guides
  • Participate in defining and recommending system solutions to meet business goals and product requirements which satisfy legal, regulatory and client requirements
  • Ability to successfully facilitate meetings at all corporate levels
  • Document business artifacts utilizing BACOE best practices
Requirements Management and Communication
  • Manage all priorities, changes and issues
  • Ensure that stakeholders have a shared understanding of requirements
Solution Assessment and Validation
  • Review the design and validate the proposed solution meets the business need
  • Support all stages of internal testing and client User Acceptance Testing to ensure requirements are met


Minimum Qualifications:

  • University degree, or equivalent experience
  • 7+ years’ experience
  • A Senior BSA is expected to have experience in projects that are large and complex
  • Experience in the Finance/Banking industry
  • Experience with requirements analysis and requirements management tools and techniques
  • Ability to communicate clearly and effectively verbally and in writing
  • Experience in various project methodologies within the Software Development Life Cycle
  • Experience coaching and mentoring other business analysts
Technical skills required:
  • Strong experience in Agile and Waterfall SDLC
  • Relational data base analysis experience
  • Have a strong understanding of Software Development Techniques, data modelling, User Interface and API development
  • Experience with N-Tier architecture solution design
  • Experience with JIRA and/or confluence software
Beneficial Qualifications:
  • Knowledge particularly in the Mutual Fund Transfer Agency/Trust Accounting domains with emphasis on International Markets (Europe and Asia)
  • Understanding of the regulatory bodies governing client product offering and industry best practices. For example: CLHIA, National Instrument, Federal/Provincial, FundSERV, IACC and IFIC
  • CBAP certification
  • Financial Industry related certifications (e.g. CLHIA, IFIC, CSC, CFA)
  • iFast knowledge
  • Work experience with Enterprise Architect (EA)
  • Experience with application lifecycle management tools (such as HP ALM)
  • Process flows development using notations like UML and BPMN
IFDS Canada encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.