Senior Business Analyst
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Location: Toronto, ON – Hybrid (4 days on site)
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Pay Rate: $45.47/Hr - $53.69/Hr
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Contract Length: 12 Months
We at Raise are hiring a Senior Business Analyst for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work.
Responsibilities:
As a Business Analyst for the Strategic Derivatives Program, you will be the documentation backbone of our platform modernization initiative. Your typical day involves:
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Requirements Gathering & Analysis – Collaborating with business stakeholders and project teams to understand functional and technical requirements for the new derivatives platform
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Documentation Development – Creating comprehensive requirement specifications, process documentation, and technical guides that translate complex requirements into clear, actionable information
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User Guides & Training Materials – Developing end-user documentation and training resources to support smooth adoption of the new system
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Runbook Creation – Preparing operational procedures and step-by-step guides for system maintenance, troubleshooting, and day-to-day operations
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Stakeholder Communication – Acting as a bridge between business teams and technical teams, ensuring clarity and alignment throughout the project lifecycle
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Project Support – Providing ongoing documentation and analytical support to ensure the strategic initiative stays on track
Must-have Skills:
Professional Experience
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3+ years as a Business Analyst from Banking – Demonstrated experience in requirements gathering, documentation, and stakeholder management, ideally within financial services or technology projects.
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Financial Services Background – Experience in fund administration, derivatives trading, or related financial operations is essential to understand the business context and technical complexities of this modernization initiative.
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Documentation & Process Mapping – Proven ability to create clear, comprehensive documentation, including requirements specifications, process flows, user guides, and operational procedures.
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Project Collaboration – Experience working cross-functionally with business teams, technical architects, developers, and operations to translate requirements into deliverables.
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Derivatives products knowledge
Education & Certifications
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Bachelor's degree in Business, Finance, Information Systems, or related field (or equivalent professional experience)
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Derivatives or Financial Systems Knowledge (preferred) – Industry-specific certifications or demonstrated expertise in derivatives trading, fund accounting, or settlement processes
Nice-to-Have Skills:
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Advanced Financial Services Experience
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Derivatives Platform Experience – Familiarity with existing or legacy derivatives systems, trading platforms, or settlement processes provides valuable context for understanding migration requirements.
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Fund Administration System Knowledge – Experience with fund accounting software, NAV calculations, or portfolio management systems demonstrates deeper industry expertise.
Soft Skills & Attributes
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Multi-Project Management – Ability to juggle multiple concurrent documentation workstreams without losing focus or quality.
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Mentoring & Training – Capacity to train business users and support teams on new system processes post-launch.
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Adaptability – Comfort working in fast-paced, evolving technology environments where requirements may shift throughout the project.
Domain & Industry Experience
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Change Management Experience – Background in managing system implementations or organizational change initiatives.
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User Acceptance Testing (UAT) Leadership – Experience designing and executing UAT plans ensures smooth system rollout.
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Trading or Operations Background – Hands-on experience in derivatives trading, operations, or settlement teams provides practical insight into end-user needs.
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or [email protected]
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