RaiseVerified Job Source

Professional - Business Analyst - Senior

Toronto, ON
Hybrid
Posted Oct 2, 2026
1 position

$67–$78 / hour

Opens an external site

Employment type: Full-time
Experience level: Mid-level · 2+ years
Apply by: Oct 30, 2026
Posting language: English
Working hours: 40 hours per week
Office presence: 1 days per week
Seniority: Mid-Senior level

Job summary

Drive the development and enhancement of OTC derivatives platforms, translating business needs into requirements, data mappings, interface specifications, and acceptance criteria. Support solution design, SQL and API integration work, UAT, defect resolution, release readiness, and collaboration across trading, risk, operations, compliance, and QA teams.

Job details

Professional - Business Analyst - Senior Location: Toronto, ON - Hybrid (1day onsite) Pay Rate: $67.41/hr - $77.92/hr Contract Length: 6 Months with possibility for extension We at Raise are hiring a Professional - Business Analyst - Senior for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work. Responsibilities Product and Trade Lifecycle: Drive initiatives to build and enhance platforms for OTC derivatives, supporting trade capture, lifecycle management, and end-to-end processing across multiple asset classes. Requirements and Analysis: Gather, analyze, and document business and functional requirements, create data mappings, interface specifications, and acceptance criteria. Author high-quality BRDs/FRDs or user stories and ensure traceability from requirements through delivery. Solution Design Support: Collaborate with product owners, architects, and developers to evaluate solution options, validate technical feasibility, and refine non-functional requirements such as data quality, performance, and operational resilience. Data and APIs: Perform data analysis using SQL, contribute to API specifications (REST/JSON), and support integration efforts with internal and external platforms. Testing and Delivery: Support UAT planning and execution, troubleshoot defects and production issues, and facilitate release readiness and post-implementation validation with robust testing and operational controls. Collaboration and Communication: Build strong partnerships with Trading, Risk, Operations, Compliance, and QA teams. Effectively communicate complex concepts to diverse stakeholders, ensuring alignment on scope, priorities, and timelines. Must-Have Requirements 4-5 years as a Business Systems Analyst in Capital Markets Experience with OTC derivatives and trade lifecycle. Basic coding knowledge, with the ability to read and understand code, even with AI assistance Ability to work effectively with both business stakeholders and developers in a large team environment. Understand FX, IR, and EQ options and swaps, including their definitions, valuation, and lifecycle events. Ability to translate business requirements into clear technical requirements, with a basic understanding of data workflows and coding. Strong SQL and Excel skills Data mapping and transformation validation experience Requirements gathering (User Stories, BRDs, FRDs) UAT support, test scenarios, and acceptance criteria Production issue analysis and impact assessment Strong stakeholder communication and collaboration Financial institutional experience and capital markets Nice-to-Have Requirements FpML, FIX, REST APIs, and JSON knowledge Python for data analysis Experience with Murex or Calypso Power BI, Tableau, or similar visualization tools Agile (Scrum/Kanban), Jira, and Confluence Regulatory reporting knowledge (Dodd-Frank, EMIR, MiFID II, UMR, DTCC) Looking for meaningful work? We can help! Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity. We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities. We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/ In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com #FIN24

What you’ll do

Requirements

Requires 4–5 years of business systems analysis experience in capital markets, including OTC derivatives and trade lifecycle knowledge across FX, interest rate, and equity options and swaps. Candidates need strong SQL and Excel skills, requirements and data mapping experience, UAT and production support capabilities, basic coding literacy, and effective stakeholder communication.