Sr. BA- Payments (Risk Management)

Job summary

The role involves managing financial risk and performing investigations and reconciliation activities for Nostro and depository accounts. The candidate will drive continuous process improvement using Lean Six Sigma methodologies to optimize payment operations.

Job details

Role : Sr. BA- Payments (Risk Management) Location : Toronto, ON (Hybrid) Must have Skills Financial risk Management Six Sigma Investigations and reconciliation activities related to Nostro accounts and depository/custody accounts Job Description/ Responsibilities : Candidates must demonstrate extensive payments domain expertise, including: Deep knowledge of high value payments (HVP) and low value payments (LVP) ecosystems Strong understanding of foreign exchange (FX) products and end to end FX processing Expertise in domestic and foreign exchange nostro and vostro accounting Proficiency in liquidity management across intraday and end of day operations Knowledge of risk management and operations processing within payments environments Strong familiarity with SWIFT ISO 20022 message standards, including payment, cash management and FX message schemas Methodology Focus: Lean – eliminate waste, non value added activity and maximize flow (cycle time) from the customer’s perspective. Six Sigma – reduce process variation and defects to deliver quality, error free and consistent outcomes. Lean Six Sigma – combine Lean and Six Sigma to deliver faster, higher quality outcomes at lower cost/complexity. Design for Six Sigma (DFSS) & Business Process Reengineering (BPR) – radical redesign for dramatic improvements in cost, quality, service and speed. Continuous Process Improvement – establish metrics and reporting, conduct operational reviews/health checks, facilitate and mentor improvement with leaders and teams. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, citizenship status, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable law. https://www.e-verify.gov/sites/default/files/everify/posters/IER_RighttoWorkPoster.pdf

What you’ll do

The role involves managing financial risk and performing investigations and reconciliation activities for Nostro and depository accounts. The candidate will drive continuous process improvement using Lean Six Sigma methodologies to optimize payment operations.

Requirements

Candidates must possess extensive expertise in high and low value payment ecosystems, FX processing, and liquidity management. Proficiency in SWIFT ISO 20022 standards and a strong background in Lean Six Sigma methodologies are required.

Listed skills

• Lean · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Financial Risk Management
• Six Sigma
• Lean
• Payments Domain Expertise
• High Value Payments
• Low Value Payments
• Foreign Exchange
• Nostro Accounting
• Vostro Accounting
• Liquidity Management
• SWIFT ISO 20022
• Business Process Reengineering
• Continuous Process Improvement
• Reconciliation
• Investigations

Job areas

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