BSA Payments JD1, JD2 &JD3

Business Systems Analyst - Payments Canada

Requirement ID: GCC-TDSVCP-0058

Role Overview

We are seeking an experienced Business Systems Analyst with strong expertise in Canadian payment systems and end-to-end payment processing. The role will support Payments Canada initiatives including Real-Time Rail (RTR) electronic funds transfer modernization Lynx and regulatory or scheme-driven change. The successful candidate will translate business and regulatory needs into clear delivery-ready requirements while working across product technology operations data risk compliance and other stakeholders.

Key Responsibilities

• Lead requirements elicitation analysis validation documentation and traceability for Canadian payment-system initiatives.

• Create and refine business requirements functional requirements epics user stories acceptance criteria use cases process flows business rules interface requirements and data mappings.

• Analyze end-to-end payment lifecycles covering initiation validation routing clearing settlement posting reconciliation returns exceptions investigations and reporting.

• Map current-state and future-state processes identifying system interactions operational hand-offs controls dependencies pain points and improvement opportunities.

• Apply domain knowledge across RTR EFT Interac and Lynx to assess business operational data integration and control impacts.

• Partner with Product Technology Architecture Operations Data Risk Compliance Legal Testing and vendor teams to clarify scope and support solution decisions.

• Perform data analysis to validate requirements identify trends or exceptions reconcile outputs and support impact assessments and business decisions.

• Support Agile product delivery through backlog refinement sprint planning requirement clarification demonstrations testing UAT defect triage release readiness and post-implementation validation.

• Assess Payments Canada standards scheme rules and regulatory changes and translate applicable obligations into business and system requirements.

• Support compliance modernization and migration initiatives by maintaining clear documentation decision logs requirement traceability and stakeholder alignment.

Must-Have Skills

• 8 years of relevant experience as a Business Analyst or Business Systems Analyst in payments transaction banking or financial services.

• Strong expertise in the Canadian payments ecosystem including RTR EFT Interac and Lynx.

• Practical understanding of the end-to-end payment lifecycle clearing and settlement payment messaging exception handling reconciliation and operational controls.

• Strong requirements elicitation and documentation skills including epics user stories acceptance criteria business and functional requirements and traceability.

• Advanced business process mapping and current-state/future-state analysis skills.

• Strong data-analysis capability including the ability to interpret payment data investigate exceptions validate impacts and support evidence-based decisions.

• Proven stakeholder-management skills across business product technology operations risk compliance and control functions.

• Hands-on experience supporting Agile product delivery and working directly with cross-functional delivery teams.

• Strong facilitation analytical thinking problem-solving communication and documentation skills.

Nice-to-Have Skills

• Knowledge of Payments Canada standards bylaws rules procedures and message specifications.

• Knowledge of commercial banking and transaction banking products including domestic payments collections account services liquidity and client payment channels.

• Understanding of Canadian payment regulations scheme obligations operational risk compliance and control requirements.

• Exposure to ISO 20022 messaging and payment-system modernization.

• Experience with Jira Confluence Microsoft Visio SQL data-query tools or payment-platform implementations.

Core Capabilities / Projects Supported

• Real-Time Rail initiatives including requirements participant readiness integration testing controls and operational processes.

• EFT modernization and enhancement of retail or batch payment-processing capabilities.

• Payments Canada compliance initiatives and adoption of applicable standards rules procedures and message specifications.

• Regulatory and scheme-driven changes across Canadian payment products and processing platforms.

• Lynx and high-value Canadian-dollar payment initiatives.

• Interac-related payment journeys and integration impacts within the broader Canadian payments ecosystem.

Key Competencies

• Payments-domain depth and end-to-end systems thinking

• Structured requirements and process-analysis discipline

• Data-led problem solving and attention to detail

• Cross-functional collaboration and stakeholder influence

• Ownership proactive communication and delivery focus

• Ability to operate effectively in complex Agile transformation programs