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IT Business Analyst

  • Toronto, ON
  • On-site
  • Posted Oct 10, 2026
  • 1 position

$50–$62 / hour

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Employment type
Contract
Experience level
Senior · 5+ years
Posting language
English
Working hours
40 hours per week
Seniority
Mid-Senior level

Job summary

Gather, analyze, and document business and system requirements, and create process models, workflows, functional specifications, and gap analyses. Coordinate with business and technical teams to support solution design, testing, defect and risk tracking, governance, change management, and transition to production.

Job details

An Initial AI Screening will be conducted for this role. Please Click Here to complete your AI screening while submitting your application. Duration: 4.5 months Typical Day in Role: Elicit, analyze, and document functional, non-functional, operational, and transitional requirements. Create business process models, workflows, and functional specifications (AS-IS / TO-BE). Perform gap analysis between current and future-state capabilities and recommend solutions. Collaborate with business users, developers, QA, and project managers to ensure requirement clarity and alignment. Support solution design by translating business needs into actionable specifications. Coordinate and support Integration System Testing (IST), QA, and User Acceptance Testing (UAT). Track defects, risks, issues, and support governance and project reporting. Support change management, training documentation, and transition to production and BAU teams. Must Have Skills: 5+ years of experience as an IT Business Analyst in complex delivery environments Extensive experience gathering, analyzing, documenting, and managing business and system requirements, as well as strong experience creating user stories, functional requirements, and supporting end-to-end documentation across applications and upstream/downstream system integrations Proven ability to create process maps, workflows, and functional specification, as well as experience conducting gap analyses and recommending business and technology solutions Strong stakeholder management and communication skills bridging business and technical teams Experience working within Agile environments and understanding SDLC phases Nice-To-Have Skills: Working experience in the banking/financial services industry would be an asset Knowledge of credit and risk management applications Experience supporting large transformation or system replacement initiatives. Soft Skills Required: Excellent verbal and written communication skills. Strong analytical and problem-solving capabilities. Attention to detail and ability to manage ambiguity. Collaborative, professional working style with a can-do attitude. Ability to work independently while supporting team objectives. Education: Post-secondary education in Computer Science, Information Systems, Business, or related field. Business Analysis or Agile certifications are an asset. FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is $50/hr -$62/hr. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.

What you’ll do

Gather, analyze, and document business and system requirements, and create process models, workflows, functional specifications, and gap analyses. Coordinate with business and technical teams to support solution design, testing, defect and risk tracking, governance, change management, and transition to production.

Requirements

Requires at least five years of IT business analysis experience in complex delivery environments, including strong requirements management, process modeling, gap analysis, and stakeholder communication skills. Experience with Agile and SDLC is required; banking or financial services, credit and risk applications, and transformation initiatives are assets, along with relevant post-secondary education.

Listed skills

  • Change Management · Preferred
  • Quality assurance · Preferred
  • Agile · Preferred
  • Process Mapping · Preferred
  • Stakeholder Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

  • Requirements Gathering And Analysis
  • Requirements Documentation
  • User Stories
  • Functional Specifications
  • Process Mapping
  • Workflow Modeling
  • Gap Analysis
  • Stakeholder Management
  • Agile
  • Software Development Life Cycle
  • Integration System Testing
  • Quality Assurance
  • User Acceptance Testing
  • Defect And Risk Tracking
  • Change Management
  • Business Process Modeling

Job areas

  • Technology
  • Data & Analytics
  • Finance & Accounting
  • Consulting
  • Management & Leadership

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