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Sr. IT Business Analyst

Cognizant1 day ago
Hybrid
Toronto, ON
CA$70,000 - CA$80,000/annual
Senior Level

Top Benefits

Medical, Dental, Vision, Life Insurance
Paid holidays and PTO
401(k) plan with contributions

About the role

00068185871

  • Date published Apr 10 2026
  • Location Toronto, ON-199 Bay Street / Canada
  • Job category Technology & Engineering
  • Work model Hybrid

About the role

As a Senior IT Business Analyst, you will make an impact by translating complex business needs into secure, scalable technology solutions across IT, infrastructure, and cybersecurity domains. You will be a valued member of a high-performing delivery team and work collaboratively with Operations, Product, Wealth Advisors, and Technology stakeholders to drive enterprise transformation initiatives within Wealth Management.

In this role, you will:

  • Lead end-to-end requirements management, from discovery and analysis through delivery, ensuring full traceability between business needs and technical implementation
  • Elicit, analyze, and document business and functional requirements using user stories, acceptance criteria, and process documentation
  • Partner with cross-functional teams to deliver solutions supporting system migration, integration, and optimization initiatives
  • Facilitate Agile ceremonies including backlog refinement, prioritization, and sprint planning to ensure development readiness
  • Develop and maintain workflow, data flow, and state diagrams to support current-state and target-state solution design
  • Support process automation and secure environment transitions, contributing to measurable improvements in efficiency and compliance
  • Provide clear, actionable documentation and communication to technical and non-technical stakeholders

Work model

At Cognizant, we strive to provide flexibility wherever possible, and we are here to support a healthy work-life balance through our various well-being programs. Based on this role’s business requirements, this is an onsite position requiring 5 days a week in a client or Cognizant office in Toronto, Ontario.

The working arrangements for this role are accurate as of the date of posting. This may change based on the project you’re engaged in, as well as business and client requirements. Rest assured, we will always be clear about role expectations.

What you need to have to be considered:

  • 10+ years of experience as an IT Business Analyst delivering enterprise-level solutions
  • Proven expertise in requirements elicitation, user story creation, acceptance criteria definition, and functional documentation
  • Strong experience working in Agile delivery environments (Scrum, Kanban)
  • Ability to create and interpret workflow, data flow, and state diagrams
  • Hands-on experience with Jira, Confluence, and ServiceNow
  • Strong stakeholder management and communication skills across business and technology teams
  • Experience supporting initiatives related to IT infrastructure, cybersecurity, or regulated environments

These will help you stand out:

  • Experience within Wealth Management, banking, or financial services environments
  • Knowledge of compliance and risk frameworks such as ISO 27001, NIST, GDPR, or PIPEDA
  • Exposure to cloud platforms such as Azure or AWS
  • Experience with Power BI, executive reporting, or analytics-driven decision support
  • PMP, CSM, and/or CISM certifications
  • Familiarity with Generative AI tools or AI-assisted analytics

We're excited to meet people who our mission and can make an impact in a variety of ways. Don't hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.

Salary and Other Compensation:

Applications will be accepted until April 26, 2026.

The annual salary for this position is between $ 70,000 - $ 80,000 depending on experience and other qualifications of the successful candidate.

This position is also eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant’s applicable plans.

Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

  • Medical/Dental/Vision/Life Insurance
  • Paid holidays plus Paid Time Off
  • 401(k) plan and contributions
  • Long-term/Short-term Disability
  • Paid Parental Leave
  • Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

The Cognizant community:

We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.

  • Cognizant is a global community with more than 300,000 associates around the world.
  • We don’t just dream of a better way – we make it happen.
  • We take care of our people, clients, company, communities and climate by doing what’s right.
  • We foster an innovative environment where you can build the career path that’s right for you.

About us:

Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2025) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com

Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.

If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email CareersNA2@cognizant.com with your request and contact information.

Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.

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About Cognizant

IT Services and IT Consulting
10,000+

Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

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