Role: Business Systems Analyst – Payments Modernization
Location: Downtown Toronto – Hybrid (3 days onsite, 2 days remote)
Contract Duration: 6 months
About the Role:
We are seeking a Business Systems Analyst with expertise in payments modernization and cross-border/international money transfers to support the analysis, design, and delivery of critical initiatives. The ideal candidate will have strong experience eliciting and documenting business and technical requirements within the financial services sector, ensuring alignment with industry standards and regulations.
Key Responsibilities:
- Collaborate with business and technology teams to analyze and document requirements for payments modernization and cross-border money transfer initiatives.
- Conduct gap analysis of current payment systems against project objectives and industry standards (e.g., ISO 20022).
- Develop detailed business and technical requirement documents, use cases, and process flows.
- Work closely with project managers, developers, and QA teams to ensure successful implementation of solutions.
- Act as a liaison between stakeholders to gather feedback, resolve issues, and align priorities.
- Ensure compliance with international payment regulations and industry best practices.
- Support testing efforts by defining test cases, validating outcomes, and facilitating user acceptance testing (UAT).
- Create and maintain project artifacts, including user stories, functional specifications, and workflow diagrams.
Required Qualifications:
- 5+ years of experience as a Business Systems Analyst in financial services, with a focus on payments and/or money transfer projects.
- Strong understanding of payments modernization initiatives, including real-time payments, digital payment ecosystems, and related technologies.
- Experience with cross-border and international payment systems, including SWIFT and other payment networks.
- Proficiency in creating detailed documentation, including functional specifications, process flows, and use cases.
- Knowledge of ISO 20022 messaging standards and its implications for payment systems.
- Familiarity with Agile and Waterfall methodologies.
- Excellent communication and interpersonal skills, with the ability to engage effectively with technical and non-technical stakeholders.
- Hands-on experience with tools such as JIRA, Confluence, Visio, or equivalent.
Preferred Qualifications:
- Experience with payment infrastructure modernization projects within Canada or other major markets.
- Knowledge of compliance and risk considerations for cross-border payments (e.g., anti-money laundering, KYC).
- CBAP or equivalent business analysis certification.
The pay range that the employer reasonably expects to pay for this position is between and
Our voluntary benefits offering includes medical, dental, vision and retirement benefits.
Applications will be accepted on an ongoing basis.
Tundra Technical Solutions would like to thank you for the interest you have demonstrated in this opportunity. However, only candidates with the required skills will be contacted.
Tundra Technical Solutions is an Equal Opportunity/Affirmative Action Employer. We welcome and encourage diversity in our workplace.
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Tundra Technical Solutions is among North America’s leading providers of Information Technology and Engineering staffing and consulting services. Our success and our clients’ success are built on a foundation of service excellence. Rather than continually trying to sell to new clients and companies and simply filling databases with candidates, we focus on developing stronger relationships and deeper knowledge of our existing clients’ challenges and opportunities.
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