TD Bank

Sr. Business Systems Analyst, TD Securities

TD Bank • $81K — $115K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in business systems analysis or related fields, preferably within Capital Markets or Financial Services
  • Strong knowledge of counterparty credit risk concepts and derivatives products
  • Proven experience in producing high-quality requirements and specifications
  • Advanced analytical skills with hands-on SQL and data investigation abilities
  • Familiarity with software delivery lifecycle and operational controls
  • Excellent communication skills for diverse audiences

Responsibilities

  • Elicit and validate business and data requirements aligned with standards
  • Analyze current processes and recommend improvement options
  • Translate business needs into functional specifications and process models
  • Prepare reports and materials for stakeholder decision-making
  • Support strategic initiatives related to Credit Risk and data governance
  • Develop and execute test plans for various testing stages
  • Build alignment across multiple teams and influence stakeholders

Benefits

  • Fair compensation opportunities with growth potential
  • Skill development and career advancement focus
  • Discretionary performance-based compensation award
  • Comprehensive onboarding and training programs
  • Supportive work environment fostering innovation and teamwork
Full Job Description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Technology Solutions

Pay Details:

$81,600 - $115,200 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients who choose us for our knowledge and experience in six key areas of finance: Investment Banking, Debt Capital Markets, Institutional Equities, Private Equity, Precious Metals and Foreign Exchange & Money Market. Our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs.


With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions.


We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.


About This Role


We are looking for a Senior Business Systems Analyst to support the delivery and evolution of Credit Risk Systems used by TD Securities. You will translate complex business, risk, data, and technology needs into clear solution requirements and work closely with business and technology partners throughout the delivery lifecycle, from discovery and impact assessment through testing, implementation, and production adoption.


Meaningful work is fueled by meaningful performance and career development conversations with your manager. The main responsibilities are:


Business Analysis and Delivery


  • Elicit, analyze, validate, and manage detailed business, data, system, control, and non-functional requirements in alignment with standards and frameworks
  • Assess current-state processes and system capabilities, identify impacts and dependencies, and recommend practical target-state solution options with business and technology partners
  • Translate business outcomes into functional specifications, process models, use cases, acceptance criteria, data mappings, and implementation requirements
  • Contribute to planning, estimation, prioritization, solution design, testing, implementation, and post-release validation
  • Prepare analysis, reporting, options, and presentation materials to support timely stakeholder and management decisions
  • Identify opportunities to reduce complexity, manual effort, and operational risk while improving delivery effectiveness

Credit Risk Change and Strategic Initiatives


  • Support Credit Risk initiatives involving counterparty exposure, stress testing, model implementation, risk reporting, product onboarding, and market data or curve changes
  • Support onboarding of new businesses, products, counterparties, and data sources into Credit Risk platforms, including impact assessment and operational readiness
  • Support strategic migrations, application rationalization, legacy platform retirement, and adoption of target-state processes and technology

Data Analysis, Governance, and Controls


  • Perform data profiling, reconciliation, lineage tracing, source-to-report analysis, and root-cause investigation across large and complex datasets
  • Define data quality rules, controls, evidence, and remediation requirements in partnership with business, risk, and technology stakeholders
  • Support the data governance and quality roadmap by assessing scope, dependencies, implementation effort, and delivery risks

Testing and Production Readiness


  • Develop and execute test plans across development, system, integration, and user acceptance testing stages, including traceability, defect analysis, and implementation validation
  • Coordinate production readiness, operational procedures, release validation, and issue investigation for business-critical Credit Risk processes
  • Partner with Engineering and Production Support teams to investigate complex issues and ensure sustainable solutions

Stakeholder and Team Leadership


  • Build alignment across Front Office, Risk Management, Product Control, Operations, Model Development, Architecture, Engineering, and Support teams
  • Communicate complex business, risk, data, and technology concepts clearly to technical and non-technical audiences
  • Provide guidance to analysts, promote consistent BSA practices, and contribute to portfolio planning and continuous improvement
  • Prioritize and manage workload independently to deliver high-quality results within committed timelines.

Job Requirements:


What can you bring to TD? Share your credentials, but your relevant experience and knowledge can be just as likely to get our attention. It helps if you have:

  • 8+ years of relevant experience in business systems analysis, product analysis, risk analysis, or technology delivery within Capital Markets, Risk Management, or Financial Services
  • Strong knowledge of counterparty credit risk concepts and measures, including potential future exposure and valuation adjustment measures
  • Strong understanding of linear and non-linear interest rate and credit derivatives, Fixed Income, Foreign Exchange, and Cash products
  • Demonstrated experience producing high-quality business, data, functional, and non-functional requirements, process models, use cases, acceptance criteria, and implementation artefacts
  • Advanced analytical and problem-solving skills, including hands-on SQL, data profiling, reconciliation, root-cause analysis, and investigation of complex data flows
  • Experience supporting testing across development, system, integration, and user acceptance stages, including test planning, defect analysis, traceability, and implementation validation
  • Knowledge of the software delivery lifecycle, release management, production readiness, operational controls, and change governance
  • Proven ability to manage competing priorities, work independently, and influence stakeholders without direct authority
  • Excellent written and verbal communication skills, with the ability to present complex concepts to technical, business, and executive audiences
  • Experience with enterprise Credit Risk, counterparty exposure, stress testing, XVA, or regulatory risk reporting platforms is preferred
  • Experience with applications such as Calypso, Bloomberg, trade booking platforms, market data, and downstream risk or reporting systems is an asset
  • Experience with APIs, file-based integrations, Linux or Unix environments, and modern data platforms is an asset
  • Experience supporting business onboarding, model or parameter releases, data governance, platform migration, application decommissioning, or cloud adoption is an asset
  • Experience working in Agile or product-led delivery models using tools such as JIRA and Confluence is an asset

Qualifications:


Required: Bachelor's degree in Computer Science, Engineering, Mathematics, Accounting, Finance, or a related discipline, or equivalent professional experience

 

Additional Information: 


Join in on what others in TD Technology Solutions are doing: 


  • Inspire a positive work environment and help champion quality, innovation, teamwork and service to the business. 
  • Learn voraciously, stretch your thinking, share your knowledge and educate others. 
  • Communicate and collaborate with both technical and non-technical professionals. 
  • Cultivate winning relationships by building trust with business and technology partners. 
  • Share our commitment to productivity, effectiveness and operational efficiency. 
  • Embrace change and witness amazing things happen – from the inside. 

#LI-Tech

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.


Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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