Associate Director, Senior Business Analyst (Capital Markets)

RBC•Toronto, ON

4d•Hybrid

About The Position

Lead business analysis for client data initiatives across RBC Capital Markets. In this role, you will bridge business requirements and data engineering teams to build foundational data and advanced analytics platforms that transform how the firm measures, understands, optimizes and drives client profitability, resource efficiency, strategic value and opportunities. You will serve as a trusted strategic partner to senior business stakeholders, translating complex Capital Markets challenges and requirements into clear data specifications and scalable data solutions across Corporate and Investment Banking, and Global Markets divisions. You will combine Capital Markets domain expertise with strong analytical capabilities to solve complex client value measurement, analytics and data challenges facing the organization.

Requirements

Minimum 10 years of business analysis experience in financial institution, preferably Capital Markets
Strong knowledge of Capital Markets data and products, particularly in Corporate and Investment Banking (credit exposures, new issuances, trades, risk metrics, pricing, reference data, return calculations)
Strong understanding in Capital Market Risk Management and Compliance / regulatory requirements and be comfortable to interact with Credit Risk, Capital Optimization & Measurement teams in both Risk and Finance groups.
Advanced hands-on SQL proficiency with demonstrated expertise in data modeling for complex queries, data validation, and comprehensive data analysis
Proficient in common data analytics and business intelligence/reporting tools such as Excel, Tableau
Demonstrated exposure to cloud infrastructure platforms (AWS/Azure) with understanding of enterprise data architecture patterns
Advanced analytical and problem-solving capabilities, with experience managing large-scale, data-intensive initiatives in enterprise environments
Demonstrated ability to translate complex, ambiguous business requirements into precise data models, system requirements, and technical specifications
Working experience with Agile and Scrum methodologies, including active participation in sprint planning and delivery
Excellent communication and presentation skills, with proven ability to engage and influence senior stakeholders across business and technology functions
Strong judgment in navigating technical roadblocks and organizational challenges while balancing short-term delivery with long-term strategic interests
Ability to manage multiple complex projects concurrently while maintaining high quality standards and performing effectively under pressure and tight deadlines
Bachelor's degree or Master's degree in Business, Finance, Computer Science, or related field
Advanced technical competency in Excel, SQL, and data analytics platforms
Excellent written and verbal presentation skills with the ability to communicate technical concepts to non-technical stakeholders
Demonstrated self-motivation, initiative-taking, and results-driven mindset with minimal oversight required
Strong team collaboration skills with openness to innovative problem-solving approaches

Nice To Haves

Direct experience supporting data modernization initiatives, cloud migration programs, or enterprise analytics platform implementations
Knowledge of AI and machine learning applications to business problems, with interest in automation and predictive analytics enhancements
Background in regulatory, risk, or front-office analytics initiatives within capital markets or financial services
Experience working with capital markets architecture teams or participating in technical governance and design reviews

Responsibilities

Lead business analysis for client value measurement initiatives, including Client Revenue Analytics, Client Resource Consumption, Client Plan, and Client Wallet platforms, leveraging complex financial and operational data to calculate and measure client profitability across all business lines
Develop comprehensive data requirements and functional specifications for calculating client values for Corporate and Investment Banking transactions and Global Markets trades, ensuring accuracy and compliance with business and regulatory standards
Own requirements definition for reference data governance and client metrics reporting, collaborating closely with data development and engineering teams to establish data quality standards and validation protocols
Execute end-to-end project delivery, including scoping, stakeholder alignment, success criteria definition, and production monitoring.
Document and communicate milestones, risks, and business impact across technical and business stakeholder groups
Collaborate and lead discussions with technical teams in project scrum meetings to define clear technical deliverables and drive agile delivery methodologies while maintaining alignment with strategic business objectives
Present technical solutions to senior business stakeholders, securing approvals and managing acceptance criteria to deliver against business requirements and timelines
Serve as subject matter expert throughout the analytics product lifecycle, from design and development through implementation, in ensuring solutions meet business expectations and technical standards