Bank of Montreal

Technical Business Analyst, Commercial Banking

Bank of Montreal$75K — $141K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in a technical or analytical role.
  • Post-secondary degree in a related field or equivalent combination of education and experience.
  • Proficiency in SQL and data analysis techniques.
  • Deep understanding of system architecture and integration workflows.
  • Advanced skills in business requirement definition and functional analysis.
  • Strong analytical and problem-solving capabilities.
  • Excellent verbal and written communication skills.

Responsibilities

  • Elicit and analyze business requirements to ensure alignment with expected outcomes.
  • Support project teams throughout the full development lifecycle to maintain alignment with business needs.
  • Develop high-quality documentation for diverse stakeholders, covering both functional and non-functional requirements.
  • Apply domain expertise to drive business value and inform decision-making through data analysis.
  • Analyze complex problems and generate actionable insights based on data.
  • Build and execute test cases to validate business requirements and user acceptance results.
  • Identify strategies to optimize business operations and technology performance.

Benefits

  • Health insurance coverage is provided.
  • Tuition reimbursement to support further education.
  • Accident and life insurance options available.
  • Retirement savings plans to help plan for the future.
Full Job Description

Application Deadline:

07/31/2026

Address:

250 Yonge Street

Job Family Group:

Technology

The Technical Business Analyst will act as a key bridge between business stakeholders and technology teams, translating business needs into clear technical and functional requirements and ensuring data solutions deliver expected outcomes. The role involves eliciting and analyzing requirements, supporting projects through the full development lifecycle, and producing high-quality documentation such as technical specifications and data mappings. It also includes applying domain expertise to drive business value, analyzing data to generate insights, troubleshooting system issues, and validating solutions through testing and user acceptance. Operating with a high degree of independence, the analyst handles complex, non-routine challenges while ensuring alignment between business objectives and technical delivery.

Investigates and identifies strategies to optimize business operations and services, and inform business decisions. Defines business requirements to inform technology build and operations by sourcing and analyzing relevant data, reviewing and documenting business processes and collaborating with business stakeholders. Sources business and market data to evaluate the effect of projects on business results. Also assesses the efficiency and the performance of technology (software, hardware and the wider IT system) to deliver expected business results. Identifies and analyzes malfunctions, system workflow, and troubleshoots issues raised by business.

  • Elicits requirements and analyzes feasibility to ensure solutions/initiatives achieve the expected business outcomes.
  • Supports various project teams across the project lifecycle to ensure development is aligned with the business requirements.
  • Develops informative, coherent, and usable project documents (project artifacts) for multiple stakeholders covering functional and non-functional business requirements.
  • Applies depth of domain & functional expertise for the assigned portfolio to drive the expected business value.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Builds tests cases in order to validate business requirements and End-User Testing results.
  • Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
  • Provides specialized consulting, analytical and technical support.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently and regularly handles non-routine situations.
  • Broader work or accountabilities may be assigned as needed.
  • Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Qualifications:

Technical Skills:

  • Proficiency in SQL and data analysis.
  • Understanding of system architecture and integration workflows.
  • Core Competencies:
  • Advanced in business requirements definition and functional analysis.
  • Strong analytical and problem-solving skills.
  • Excellent verbal and written communication.
  • Preferred:
  • Experience with cloud platforms (AWS, Azure, GCP).
  • Basic scripting (Python, Java).

Foundational level of proficiency:

  • Agile Delivery and Development.
  • Data analysis.
  • Learning Agility.

Intermediate level of proficiency:

  • Process improvement and optimization.
  • Organization process optimization.
  • Business architecture frameworks.
  • Stakeholder Analysis and Management.
  • Digital Fluency.
  • Systems Thinking.
  • Verbal & written communication skills.
  • Collaboration & team skills.
  • Analytical and problem solving skills.
  • Data driven decision making.

Advanced level of proficiency:

  • Business requirements definition and analysis.
  • Insights development and reporting.
  • Application functional design.
  • Functional Analysis.
  • Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.

Salary:

$75,900.00 - $141,900.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: 

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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