Business Analyst – IT II

Job Title: Business Analyst – IT II
Location: Toronto, ON (Hybrid)
Estimated Duration: 6 Months

Position Overview:
We are seeking a detail-oriented IT Business Analyst to support initiatives within the Operational Risk domain. The successful candidate will bring a strong understanding of operational risk terminology, risk hierarchy, and risk management frameworks, along with effective stakeholder communication and the ability to collaborate across teams. While hands-on experience with RSA
Archer is an asset (not mandatory), the role focuses on translating business needs into clear technical requirements and supporting risk-related data and process initiatives. A proactive, team- oriented approach is essential for success in this role.
Key Responsibilities:

• Analyze and document business processes related to operational risk, including risk identification, assessment, and mitigation.
• Collaborate with stakeholders to elicit, define, and document business and functional requirements for Risk IT initiatives.
• Develop clear and comprehensive business requirement documents (BRDs) and functional specifications to support system enhancements and risk reporting.
• Apply relational data concepts to support source-to-target data mapping and document data flows for enterprise data lake ingestion and reporting solutions.
• Partner with Agile teams to support delivery of risk-related solutions, ensuring alignment with business requirements and timelines.
• Conduct gap analysis and exploratory data analysis to identify improvement opportunities and inform solution design.

Required Qualifications:

• 2-4 years if experience in the role of an IT Business Analyst or in a related role.
• Bachelor’s degree in Information Technology, Business, Data Analytics, or a related field; advanced degrees are considered an asset.

INTERNAL

• Demonstrated ability to translate business and technical requirements into clear documentation, including business requirement documents (BRDs), process flows, and data mappings.
• Solid understanding of Agile delivery methodologies, with experience using tools such as Jira and working within Scrum teams.
• Strong SQL proficiency and data analysis skills.
• Working knowledge of enterprise data lake architectures and cloud-based data platforms.
• Strong analytical, problem-solving, and communication skills.

Preferred Qualifications:

• Experience with RSA Archer or similar GRC platforms.
• Certifications in Agile methodologies, business analysis, or risk management.
• Familiarity with regulatory frameworks related to operational risk (e.g., Basel, OSFI guidelines).
• Experience with data visualization and reporting tools, such as Power BI or Tableau.
• Familiarity with Azure data platforms and services, including Azure Data Lake Storage (ADLS), Azure Cosmos DB, Azure Synapse Analytics, and Azure Databricks.

Education:

• Bachelor’s degree in information technology, Computer Science, Business Administration, or related field.

Best vs. Average: Outlined personal attributes/experience/skillsets that make for the ideal candidate
Very good business communication, team player, stakeholder management, detail oriented, ability to adapt and learn.

Must Have skills

• 3-5 years proven experience as an IT Business Analyst or similar role.
• Strong knowledge of Gen AI use case development.
• Proficiency in RSA Archer and operational risk terminology.
• Advanced SQL skills and experience with data mapping and data flow diagrams.
• Excellent business requirement documentation skills.
• Experience working in Agile squads.
• Familiarity with Azure Open AI and Azure Synapse.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.

Nice to Have:

• Knowledge of regulatory frameworks (Basel, OSFI, etc.)
• Experience with Power BI or Tableau
• Familiarity with Azure data platforms (ADLS, Synapse, Databricks, etc.)
• Relevant certifications (Agile, Business Analysis, Risk Management)