Senior Business Analyst – Capital Markets

Toronto, Ontario, Canada  |  Contract

Hourly Rate: $100.00 – $120.00 per hour (Incorporated)

About the Role

We are looking for a Senior Business Analyst with deep Capital Markets expertise to support the design and integration phases of the Metals and XVA workstreams. The ideal candidate brings strong business analysis skills, a solid understanding of financial markets products, and the ability to manage complex stakeholder environments across front-to-back office operations.

Responsibilities

• Lead the complete lifecycle for integrating new Financial Markets trading products into the existing product framework, covering trade execution, capture, booking, pricing, risk valuation, collateral optimization, and settlement

• Act as the primary translator between Trading, Risk, Finance, Operations, and external vendors to harmonize bespoke product needs

• Gather and translate business requirements into clear functional specifications and user stories

• Create process flow diagrams, use case diagrams, and other visual representations to articulate requirements

• Collaborate with business stakeholders and vendor representatives to design and implement solutions aligned with business requirements

• Lead and coordinate complex, multi-departmental meetings ensuring alignment on project goals and deliverables

• Lead UAT test planning, test case drafting, and execution across concurrent and complex testing workstreams

• Manage stakeholder expectations and ensure alignment on project scope and deliverables

Must Have

• 7–10 years of experience as a Business Analyst, with at least 3 years in financial services or Capital Markets

• Strong knowledge of Capital Markets products, with preference for derivatives and fixed income trading (full front-to-back)

• Experience with risk valuation processes such as VaR, Stress Testing, and risk sensitivities

• Proven UAT test planning and execution experience in complex environments

• Strong stakeholder management skills across all seniority levels including Front Office, Middle Office, Risk, and Finance

• Excellent requirements gathering, documentation, and process mapping skills

Nice to Have

• Experience with XVA or Metals trading products

• Familiarity with regulatory landscape affecting Financial Markets

• Experience with backlog management and solution design in a vendor integration context

• Exposure to collateral optimization and settlement processes

 

Compensation

The hourly rate for this contract position is $100.00 to $120.00 per hour (Incorporated). Actual compensation will be determined based on experience, qualifications, and other relevant factors.

Vacancy Status

This posting is for an existing vacancy that is currently available to be filled.

Use of Artificial Intelligence

No artificial intelligence (AI) is used in the screening, assessment, or selection of candidates for this position. All applications are reviewed by our recruitment team.

Equal Opportunity

emergiTEL is committed to creating a diverse and inclusive workplace. We welcome applications from all qualified individuals regardless of background, and our hiring process is based solely on skills, experience, and qualifications relevant to the role.