Business Analyst – Capital Markets / Financial Services
About the role
Job Title: Business Analyst – Capital Markets / Financial Services
Location: Toronto, ON (hybrid) Duration: 6 months to start (possibility of extension) Rate: CAD55-CAD60/hr
Overview
We are seeking an experienced Business Analyst with a strong background in Capital Markets and Financial Services. The ideal candidate will have hands-on experience working on initiatives related to trade lifecycle management, clearing, settlement, custody, and depository services. Experience with DTCC (Depository Trust & Clearing Corporation) is highly preferred; however, candidates with experience working with other market infrastructure providers, custodians, central securities depositories (CSDs), or clearing houses will also be considered.
Key Responsibilities
Gather, analyze, and document business requirements from stakeholders across Operations, Technology, and Business teams. Translate business requirements into functional specifications, user stories, process flows, and data mapping documents. Work closely with technology teams to support solution design, testing, and implementation activities. Analyze current and future-state processes related to trade processing, clearing, settlement, custody, and asset servicing. Facilitate stakeholder workshops, requirement sessions, and impact assessments. Support UAT planning, execution, defect management, and production rollout activities. Collaborate with front-office, middle-office, and back-office teams to ensure end-to-end business process alignment. Assist in regulatory, operational, and technology transformation initiatives within Capital Markets environments.
Required Qualifications
5+ years of Business Analysis experience within Capital Markets or Financial Services.
Strong understanding of the trade lifecycle, including
Trade Capture Confirmation & Matching Clearing Settlement Custody Reconciliations Experience creating BRDs, FRDs, user stories, process flows, and data mapping documents. Strong stakeholder management and communication skills. Experience working within Agile, Scrum, or hybrid delivery environments. Proficiency with JIRA, Confluence, Visio, or similar tools.
Preferred Qualifications
Experience working with DTCC products/services such as: CTM (Central Trade Manager) ALERT Institutional Trade Processing (ITP) NSCC DTC TradeSuite Experience with other depositories, custodians, or clearing organizations. Knowledge of securities processing across Equities, Fixed Income, ETFs, or Derivatives. Exposure to SWIFT messaging, ISO 20022, FIX protocol, or post-trade processing platforms. Understanding of regulatory and operational controls within Capital Markets environments.
Nice to Have
Prime Brokerage experience. Asset Management or Custody Operations background. Experience supporting digital transformation, system migration, or settlement modernization initiatives. Certification such as CBAP, CCBA, CFA, or similar.
Not the right fit? Search for Business Analyst jobs in Toronto, Ontario, Canada
About Hays
We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.
As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.
Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.
We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.
Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com
Similar Jobs
Business Analyst – Capital Markets / Financial Services
About the role
Job Title: Business Analyst – Capital Markets / Financial Services
Location: Toronto, ON (hybrid) Duration: 6 months to start (possibility of extension) Rate: CAD55-CAD60/hr
Overview
We are seeking an experienced Business Analyst with a strong background in Capital Markets and Financial Services. The ideal candidate will have hands-on experience working on initiatives related to trade lifecycle management, clearing, settlement, custody, and depository services. Experience with DTCC (Depository Trust & Clearing Corporation) is highly preferred; however, candidates with experience working with other market infrastructure providers, custodians, central securities depositories (CSDs), or clearing houses will also be considered.
Key Responsibilities
Gather, analyze, and document business requirements from stakeholders across Operations, Technology, and Business teams. Translate business requirements into functional specifications, user stories, process flows, and data mapping documents. Work closely with technology teams to support solution design, testing, and implementation activities. Analyze current and future-state processes related to trade processing, clearing, settlement, custody, and asset servicing. Facilitate stakeholder workshops, requirement sessions, and impact assessments. Support UAT planning, execution, defect management, and production rollout activities. Collaborate with front-office, middle-office, and back-office teams to ensure end-to-end business process alignment. Assist in regulatory, operational, and technology transformation initiatives within Capital Markets environments.
Required Qualifications
5+ years of Business Analysis experience within Capital Markets or Financial Services.
Strong understanding of the trade lifecycle, including
Trade Capture Confirmation & Matching Clearing Settlement Custody Reconciliations Experience creating BRDs, FRDs, user stories, process flows, and data mapping documents. Strong stakeholder management and communication skills. Experience working within Agile, Scrum, or hybrid delivery environments. Proficiency with JIRA, Confluence, Visio, or similar tools.
Preferred Qualifications
Experience working with DTCC products/services such as: CTM (Central Trade Manager) ALERT Institutional Trade Processing (ITP) NSCC DTC TradeSuite Experience with other depositories, custodians, or clearing organizations. Knowledge of securities processing across Equities, Fixed Income, ETFs, or Derivatives. Exposure to SWIFT messaging, ISO 20022, FIX protocol, or post-trade processing platforms. Understanding of regulatory and operational controls within Capital Markets environments.
Nice to Have
Prime Brokerage experience. Asset Management or Custody Operations background. Experience supporting digital transformation, system migration, or settlement modernization initiatives. Certification such as CBAP, CCBA, CFA, or similar.
Not the right fit? Search for Business Analyst jobs in Toronto, Ontario, Canada
About Hays
We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.
As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.
Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.
We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.
Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com