Senior Business Analyst

Senior Business Analyst (10+ years) to support derivatives trading applications using trade lifecycle management and pricing workflows- 41722

Our banking client is seeking a Senior Business Analyst (10+ years) to support derivatives trading applications using trade lifecycle management and pricing workflows- 41722

Location Address: Toronto Hybrid – 2 -3 days in the office

Contract Duration: ASAP – Jan 31 st , 2027

Possibility of extension: Yes, depending on funding approval and business case.

Business group: GTA - GBME FICC& Equity Trading - Derivatives and Structured Product Technology – The hiring manager supports the global equity derivatives business line, overseeing trading applications that span the full lifecycle—from trade booking and post-trade events to end-of-day processing and downstream data distribution for derivative products.

Project: The successful candidate will work on Grand Central enhancements in building a Structured Notes Request For Quote platform and integrate with in-house-built trading applications covering US/Canada and Europe regions.

Typical Day in Role:

• Collaborate with cross-functional stakeholders across Front Office, Middle Office, Product Control, and Financial Engineering teams.
• Work closely with stakeholders across Canada, US and Europe mainly with Sales and Trade teams.
• Provide weekly updates to stake holders organize spring planning and execution.
• Gather, analyze, and document business requirements; translate them into clear specifications for development teams.
• Develop detailed documentation, including business requirements, workflows, and process diagrams.
• Perform gap analysis between current and target states and propose scalable solutions aligned with business and regulatory needs.
• Leverage domain expertise in equity and fixed income products to support project success.
• Operate within an Agile environment, participating in ceremonies such as sprint planning and stand-ups.
• Support production issue analysis and resolution

Candidate Value Proposition:

This is a high-visibility opportunity to work within a complex and globally impactful business line, contributing in building inhouse Structued Notes Issuance Platform initiative. The role offers:

• Exposure to derivatives pricing and market risk factors
• Collaboration with front-to-back office stakeholders
• Opportunity to influence core trading and valuation systems

Candidate Requirements/Must Have Skills:

1) 10+ years of experience as a Business Analyst, including experience with documentation, ability to create workflow diagrams, business requirements

2) 5+ years’ experience in capturing business requirements for building a Derivative Products Trading Application covering Trade Capture, Integration with Pricing Models.

3) 5+ years’ experience with market data used to price derivative instruments

4) 5+ years’ experience with the trade life cycle for derivative products events such as Amend, Unwind, Rate Reset or Fixing Process and Realized Cashflows.

5) 2+ years’ experience with risk watch pricing engine.

Nice-To-Have Skills:

1) Advanced Knowledge of derivative financial instruments related to Equity Options, interest rate swaps, Cap/Floor, Inflation asset swaps

2) Unix Scripting

3) Python Scripting

4) Pl/SQL

5) Automated testing experience

Education:

CFA/FRM an asset

Best VS. Average Candidate:

This is a Capital Markets Business Analyst role supporting derivatives trading applications. Because the engagement is short-term, the manager wants someone who can contribute immediately with minimal ramp-up time.

The strongest candidate will have: Hands‑on experience supporting derivatives trading applications

Strong understanding of:

• Trade capture
• Trade processing
• Pricing workflows
• Post-trade processes

Experience working closely with:

• Front Office
• Finance/Accounting
• Regulatory or Reporting teams

Ability to explain specific projects where they:

• Gathered requirements
• Mapped business processes
• Led workshops
• Delivered trading system enhancements
• Managed integrations between trading and downstream systems

Previous experience within large Canadian banks or Capital Markets environments.

Other Strong Assets

• Capital Markets transformation projects
• Cross-functional stakeholder management across trading, risk, finance, and technology teams

2nd round Video– 30 mins – Director– cultural fit and situational questions.

Hiring Manager