Business Systems Analyst
Job Summary
As a Business System Analyst, you will be responsible for overall business requirements, stakeholder management, application demos, app validations, and coordinating with other teams. The role offers many opportunities to learn and grow as you work within this fast-paced portfolio in support of several business functions (trading and settlement for FX, Money Market, and Securities). You will engage with stakeholders to comprehend, discover, and document their business needs and opportunities. You will partner with the Development team to shape and fulfill these asks and initiatives.
The candidate would identify and document business requirements to enable the development of new and upgraded functionality for RBC Capital Markets back office related applications for payments processing and SWIFT messaging (as it relates to FX, Money Market and Securities trading and settlement activities).
The candidate shall liaise with back, middle and front office personnel as required to fully address all related processes and risk issues.
Job Description
WHAT IS THE OPPORTUNITY?
The BCS Technology group under RBC Capital Markets Quantitative and Technical Solutions is responsible for building and managing business focused solutions that optimize efficiency, enable process automation and improve audit and compliance.
As a Business System Analyst, you will be responsible for overall business requirements, stakeholder management, application demos, app validations, and coordinating with other teams. The role offers many opportunities to learn and grow as you work within this fast-paced portfolio in support of several business functions (trading and settlement for FX, Money Market, and Securities). You will engage with stakeholders to comprehend, discover, and document their business needs and opportunities. You will partner with the Development team to shape and fulfill these asks and initiatives.
The candidate would identify and document business requirements to enable the development of new and upgraded functionality for RBC Capital Markets back office related applications for payments processing and SWIFT messaging (as it relates to FX, Money Market and Securities trading and settlement activities).
The candidate shall liaise with back, middle and front office personnel as required to fully address all related processes and risk issues.
WHAT WILL YOU DO?
Understand existing application flows, system architecture, upstream/downstream integrations, and business rules
Own requirements capture, documentation, requirement and app reviews and coordination of sign-offs by various Business and IT teams
Ensure traceability and coverage to all functional business requirements during the QA cycles
Effectively challenge the business to ensure that we are developing solutions that are scalable, maintainable, aim for zero technical debt, and that help mitigate business risks and create efficiencies
Responsible to create user stories in JIRA, update user stories with the technical specs, participate in refinement sessions, providing guidance on the delivery sequence of the user stories, ensuring that stories are aligned to the proper epics and track subtasks as well as tasks, leading or participating in demos
Coordinate with Business and Development team for delivery, requirements clarifications, analysis, impact assessment and create required documentation - user stories, workflow diagrams, mockups, system specifications, RAID logs, traceability matrix, non-functional requirements, user manuals, support document, etc.
Support PM as needed for managing medium to large size initiatives for tracking, delivery, project reporting and identifying and managing issues and risks for successful delivery within committed budgets
Independently manage business and IT stakeholders, drive project meetings. Be hands on with application functionality and perform validation of delivery to business for ensuring scope elements are delivered as per the plan
Contribute to ongoing administrative program, reporting, estimation and other activities as required; Train users in any new functionality, provide support to back office personnel during the UAT phase and assist PM in monitoring user testing to ensure all issues are resolved prior to new functionality being distributed to the production environment
WHAT DO YOU NEED TO SUCCEED?
Must Have
Solid knowledge of payments processing as it relates to support systems for FX, Money Market and Securities trading and settlement activities, with particular emphasis on system development requirements.
Solid knowledge of FX back-office functionalities as it relates to confirmations, CLS, netting, exceptions handling, accounting and market data
Solid knowledge of SWIFT and SWIFT messaging
Demonstrated ability in written, oral and presentation skills, analytical skills, problem solving and reporting skills. Ability to determine the information and communication needs of the stakeholders and the project and having a self-drive and disciple to execute the same on time; Strong organizational, project management and time management capabilities.
A good understanding financial services industry with ability to understand new business processes and technology quickly
Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously.
Tools: HP ALM, Jira, Confluence, SharePoint, MS Office ( Word, Excel, PowerPoint, Visio), MS SQL
Undergraduate degree with 5+ years' of experience working as a BA/BSA on concurrent initiatives in a fast paced, collaborative environment
Nice to have
Familiarity with ISO 20022 - a global and open standard for payments messaging
Familiarity with SQL, reading and basic write skills
Demonstrated project management skills
Strategic thinker with excellent interpersonal skills to work across functions and businesses
Development experience building business solutions or application migrations
Familiar with concepts of data modelling and system configuration. Be able to read and understand xml standards
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
A world-class training program in financial services
Flexible work/life balance options
Opportunities to do challenging work
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Job Skills
Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements AnalysisAdditional Job Details
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