Business Systems Analyst
5 days ago
Business Systems Analyst (BSA) OSFI / OFSI Regulatory
Toronto
1yr contract
Are you a detail-oriented **Business Systems Analyst** with a strong understanding of **OSFI regulations** and Canadian financial compliance?
We're looking for a **BSA** to support regulatory initiatives for a leading banking client. You'll act as a key liaison between business and IT, ensuring that projects align with **Basel III**, **IFRS 9**, **Capital Adequacy Reporting**, and other key regulatory frameworks.
**Key Responsibilities**
- Gather and document business & functional requirements related to OSFI guidelines.
- Lead initiatives such as **BA returns**, **CAR**, **mortgage underwriting**, and **liquidity adequacy** reporting.
- Bridge communication between business, compliance, and technology teams.
- Work with data teams on **sourcing**, **validation**, and **reconciliation**.
- Conduct **gap analysis** and impact assessments for OSFI-driven changes.
- Support **UAT** activities test planning, defect management, and signoff.
**Required Skills**:
- 5+ years as a Business Systems Analyst in **banking or financial services**.
- Proven hands-on experience with **OSFI**, **Basel III**, **IFRS 9**, **Liquidity/CAR** reporting.
- Familiarity with financial instruments**:loans, mortgages, derivatives**.
- Tools**:AxiomSL**, **Wolters Kluwer**, **Moody's RiskAuthority**.
- Strong documentation and communication skills.
**Nice to Have**
- Experience with **SQL**, **Excel**, or **Power BI**.
- Knowledge of **FINTRAC**, **AML/KYC**, or other Canadian regulatory bodies.
- Familiarity with **Agile or hybrid SDLC** methodologies.
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