Business Analyst

RBC • Toronto, ON

1d • Onsite

About The Position

We are looking for a talented individual to work as a business analyst within the Funding, Treasury and Liquidity (FTL) Apex Application Development team. More specifically, the role will support the Central Funding Group which executes secured funding (repo and security lending business). The successful candidate will be responsible for business analysis and outcomes for testing within the technical development team using agile methodology. Key stakeholders with a business need are the front office trading teams, collateral management, operational support teams and other technical teams within Quant & Tech Services (QTS). The primary application in use in the global repo and securities lending business is Apex – an external vendor product. This opportunity will provide an opportunity to interact with senior stakeholders within the business and supporting functions and the technology teams across the organization.

Requirements

• Relevant experience as a business analyst, with in-depth knowledge of Capital Markets front to back trade processing flows, understanding of Capital Markets instruments including Fixed Income, Equities & Equity Derivatives
• Demonstrable technical capability to use tools to query databases, identify message structures, and troubleshoot data flow issues in production environments
• Capability to learn about new tools including AI tools to create documents, requirements and test scenarios
• Strong analytical skills for data analysis and lineage, and problem solving
• Expert in writing requirements and associated test cases
• Excellent oral and written communication
• Deadline-driven and results-oriented; able to meet consistently high-quality standards while handling a variety of tasks and deadlines simultaneously

Nice To Haves

• Experience with repo or securities lending trading processes or collateral management
• Clear understanding of Market and Reference data (Securities & Pricing)
• Proficient in drawing business process flow proven through recent project experience
• Degree-level education in computer science, business or science subject
• CFA or Canadian Securities Course or CBAP Certification

Responsibilities

• Collaborate with global stakeholders to create and document business requirements for tactical and strategic changes.
• Coordinate with development and QA through the software development and release cycle
• Communicate with the team and stakeholders from requirement inception through to code delivery
• Continuously identify potential issues, conflicts, and risks. Analyze, mitigate and escalate where appropriate.
• Work in a collaborative team environment supporting production queries impacting the application and user processes.
• Establish strong working relationships across business units and platforms to build influence and impact with key business partners.
• Collaborate with groups to define and achieve deliverables and ensure initiatives are effectively integrated into RBC procedures and processes.
• Contribute to ongoing administrative program activities as required.

Benefits

• A competitive rewards program including bonuses and flexible benefits and competitive compensation
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree