Job Information

Department Name

Banking

Date Opened

07/22/2026

Industry

IT Services

Job Type

Full time

Work Experience

5+ years

Required Skills

requirements gathering

business process analysis

+17

City

Toronto

State/Province

Ontario

Country

Canada

Zip/Postal Code

M4C

About Us

Kumaran Systems: Engineering Future-Ready Transformations Since 1992, Kumaran Systems has been helping enterprises bridge the past and the future, reimagining legacy systems and embracing AI-led possibilities. With over 34 years of delivery excellence, we specialise in re-engineering core applications, driving cloud transformation, and building automation-first, GenAI-enabled ecosystems across the Banking and Financial Services, Insurance, Telecom, and Automotive sectors. We help organisations not just upgrade their systems but reimagine what’s possible.

Why Kumaran?

We blend engineering discipline with AI innovation, helping clients modernise with confidence, automate with clarity, and scale with purpose. Our global delivery model ensures agility, responsiveness, and seamless collaboration, with clients always at the heart of every engagement. At Kumaran, we don’t just solve problems, we engineer future-ready transformations.

Job Description

Job Summary

Seeking an experienced Business Systems Analyst (BSA) with robust Banking and Risk Management domain expertise and hands-on experience supporting the QRM (Quantitative Risk Management) platform. The successful candidate will act as a liaison between business stakeholders, risk management teams, and technology teams to deliver risk management solutions and platform enhancements.





The ideal candidate will possess proven experience in requirements gathering, stakeholder engagement, business process analysis, and translating business requirements into functional specifications within a QRM environment.

Key Responsibilities

Collaborate with business users, risk management teams, and technology stakeholders to gather, analyse, and document business requirements.

Work closely with QRM platform users and technical teams to support risk management initiatives and regulatory requirements.

Conduct stakeholder interviews, workshops, and requirement elicitation sessions.

Translate business requirements into detailed functional specifications, user stories, and acceptance criteria.

Analyse current business processes and identify improvement opportunities within risk management workflows.

Support implementation, enhancement, and maintenance activities related to the QRM platform.

Perform impact assessments, gap analysis, and data analysis for system enhancements.

Develop and execute SQL queries for data validation, reconciliation, and troubleshooting.

Participate in system testing, UAT, defect triage, and post-production support activities.





Create and maintain project artifacts including:

Manage project requirements and documentation using Jira and Confluence.

Coordinate with development, QA, PMO, and business teams to ensure successful solution delivery.

Support regulatory compliance, audit, and risk reporting initiatives.

Required Qualifications

Bachelor’s degree in computer science, Information Systems, Finance, Business Administration, or related discipline.

8+ years of Business Analyst or Business Systems Analyst experience.

Experience working in Banking or Financial Services organizations.

Hands-on experience supporting the QRM (Quantitative Risk Management) platform.

Strong understanding of Risk Management processes and controls.

Proven experience in:

Requirements Gathering

Stakeholder Management

Business Process Analysis

Functional Requirement Documentation

Strong SQL skills for data analysis and validation.

Experience using Jira and Confluence.

Knowledge of SDLC, Agile, Scrum, and Waterfall methodologies.

Excellent communication, presentation, and documentation skills.

Preferred Qualifications

Previous experience at major Canadian banks.

Exposure to:

Credit Risk

Market Risk

Liquidity Risk

Enterprise Risk

Regulatory Reporting

Treasury Risk Management

Kumaran Systems is an Equal Opportunity Employer and does not discriminate on the basis of race or ethnicity, religion, sex, national origin, age, veteran disability or genetic information or any other reason prohibited by law in employment.

📌 Business Systems Analyst (Canada)
🏢 Kumaran Systems
📍 Canada