Role details

Senior Busines Analyst - Regulatory - Margin Scoping (Contract)

Toronto   •  Temporary

Bullet points

  • Capital Markets
  • Regulatory Program - Multi-Year Initiative

About Our Client

Our client is one of the Big 5 Canadian Banks

Job Description


  • Independently performs business analysis across multiple regulatory projects
  • Performs analysis activities to determine margin regimes applicable to the bank's entities, counterparties and OTC derivatives
  • Participates in the industry discussions and is aware of the current margin regulatory rules across multiple jurisdictions (Canada, EU, U.S. and Asia), ensures that analysis activities are aligned to the rules and highlight discrepancies/limitations as they are discovered in the requirements finding stage
  • Works closely with the control groups including Legal and Compliance to understand and interpret the margin rules
  • Identifies detailed business requirement, assesses and resolves business and systems issues
  • Leads and/or assist in requirement workshops, documents business requirements and facilitates requirements review and approval process
  • Facilitates complex issue discussion meetings
  • Works toward resolving ambiguities
  • Contributes to the analysis of issues, incorporating quantitative and qualitative factors to evaluate analysis and leads the project to the most appropriate conclusions on specific tasks and issues
  • Functions as a liaison between the business and technology
  • Supports Technology, QA and UAT teams as required
  • Provides accurate and timely status updates and assist in the development of project materials - project plan, Steering co, progress report to stakeholders including senior management
  • Provides on demand support and assist in ad-hoc fire drill analysis requests
  • Provides superior client experience and strengthen work relationship with business partners
  • Facilitates small to large meetings and conducts information gathering sessions; prepares and delivers presentations to business partners and program manager
  • Collaborates with colleagues across the organization to get things done
  • Resolves conflicts/issues of medium to high complexity and escalate as appropriate
  • Provides expertise, feedback, coaching to build the capability of more junior stuff
  • Continually enhances skills and builds knowledge in all aspects of the organization, the business and information systems

The Successful Applicant


*Multiple years of experience as a BA on regulatory projects within Capital Markets and Financial Industry
*Extensive experience on regulatory projects (Margin Rules for non-centrally cleared derivatives Dodd Frank, EMIR trade reporting, Portfolio Reconciliation, Swap Surveillance, Volcker Rule, etc.)
*Expert knowledge of Capital Market processes & OTC derivative products
*Trading Documentation & On-boarding, Collateral Management, Counterparty Trading Risk, Market Risk processes
*Strong analytical skill set and ability to transform business goals into requirements
*Requirements methods: interviewing, business process modeling, data modeling
*Experience working on projects using Iterative and Agile implementation methodologies

*Conflicts & issues resolution and escalation
*Ability to work in an ambiguous fast paced environment with minimal supervision

*Proficiency with Excel and MS Access
*Ability to develop SQL queries to extract and analyze data
*University degree in business, finance, engineering and/or relevant experience
*MBA or Industry Certification (nice to have)

  • University degree in business, finance, engineering and/or relevant experience
  • MBA or Industry Certification (nice to have)

What's on Offer

Competitive hourly rate, long term contract

Apply for this job

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