Royal Bank of Canada

Senior Business System Analyst

Royal Bank of Canada$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Technology or Business.
  • 5-7 years of Business Systems Analysis experience.
  • Expert knowledge of SQL and Excel for data analysis.
  • Good Capital Markets product knowledge, particularly in derivatives.
  • Established experience in project delivery within financial services industry, preferably using MS Access.
  • Excellent communication skills essential for stakeholder interaction.
  • Analytical thinker with strong problem-solving skills.

Responsibilities

  • Conduct requirements gathering for strategic applications related to Capital Market Products.
  • Analyze and document business and functional requirements from stakeholders.
  • Facilitate sessions to uncover and review requirements collaboratively.
  • Perform data analysis and reverse engineering to identify gaps in current data models.
  • Construct data flow and system context diagrams to aid solution design.
  • Support various testing cycles including Functional Testing and User Acceptance Testing.
  • Manage project risks and communicate updates to relevant stakeholders.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Opportunities for professional development through coaching and managing.
  • Work-life balance options for employee wellbeing.
  • Challenging work in a collaborative, high-performing team environment.
  • Access to a world-class training program in financial services.
  • Ability to make a positive impact in the organization and communities.
Full Job Description
Job Description

What is the opportunity?

The Senior Business Systems Analyst (BSA) responsibilities will be conducting requirements gathering sessions and other BA activities with a large diverse set of Product Controllers and Finance Controllers for medium to large size project initiative and able to provide high level key deliverable plan and detail break down of major tasks; understanding the various Capital Market Products and ability to differentiate various trade economics; mapping and tracing source data to WSB applications and understanding impact; work on requirements gathering and solution design for change requests and major programs.

This position requires a lot of interpersonal interaction at all levels within the organization, from technical personnel to high level management, excellent communication skills are a must for this role.

What will you do?

  • Undertake BA responsibilities of multiple strategic applications involving Capital Market Products
  • Understand the various financial products traded on Markets in RBC and how they have been modeled eg: securities, Derivatives etc.. Be familiar with booking and settlement process and concepts of trades, positions, and sub-ledger, price valuations.
  • Analyze existing data models built on MS Access and co-relate Business requirements to gaps in Data models and build solutions.
  • Analysis and document Business and Functional requirements from business stakeholders. Lead and facilitate collaborative sessions with business stakeholders to drive requirements discovery, analysis, and review.
  • Get familiar with current data models and systems. Perform data analysis and reverse engineering, to access the current and future states and perform gap analysis. Identify upstream and downstream dependencies.
  • Construct data flow diagrams, business, and system context diagrams, create design solutions. Work closely with the development teams to ensure there is full understanding and proper execution of requirements in a timely manner.
  • Provide hands-on support during various cycles of testing including Functional Testing, Systems Integration Testing, and User Acceptance Testing.
  • Adopt Agile methodologies to enable periodic implementations.
  • Scrum Management experience, provide high level key deliverable plan and detail break down to user stories and major tasks; providing guidance and leadership through to the scrum team during all project phases; ability to handle pressure with multiple priorities.
  • Manage risks, assumptions, and constraints for requirements, and communicate to appropriate parties.
  • Work with tools and platforms such as JIRA, Confluence, SQL and be willing to learn adhoc

Must-have:
  • Bachelor's or Master's degree. Preferably Technology or Business.
  • 5-7 years of Business Systems Analysis experience in fast-paced environment
  • Expert knowledge of SQL and Excel for data analysis
  • Good Capital Markets product knowledge, particularly derivatives
  • Proven Data Analysis experience and project delivery in financial service industry preferably in MS Access
  • Understanding and experience in software development life-cycle
  • Excellent communication skills are critical for this role
  • Able to quickly and effectively gather, synthesize and drive resolution of project tasks in a cross-functional team
  • Self-starter and ability to work with minimal supervision.
  • Teamwork & Collaboration - Have principals, disagree if needed, and brainstorm.
  • Analytical and creative thinker
  • Ability to clearly articulate problems and solutions
  • Detailed oriented with strong problem solving skills
  • Expert time management and organizational skills with the ability to manage multiple projects with competing deadlines


Nice-to-have:
  • Experience working in Banking IT servicing Product Controllers and Finance Controllers
  • Familiarity with coding languages like JAVA, .Net
  • Dealing with Ambiguity


What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • A world-class training program in financial services
  • Flexible work/life balance options
  • Opportunities to do challenging work


Job Skills
Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-16

Application Deadline:

2026-08-13
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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