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.

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.





We are seeking an experienced Business Systems Analyst (BSA) with strong expertise in Credit Risk, Expected Credit Loss (ECL), and Regulatory Reporting within the banking and financial services industry. The ideal candidate will act as a liaison between business and technology teams, driving requirements management, data analysis, system integration, testing, and regulatory compliance initiatives for risk and finance transformation programs.

Key Responsibilities
Business Analysis & Requirements Management

Gather, analyze, document, and validate business and system requirements related to Credit Risk and ECL processes.

Collaborate with Risk, Finance, Data Governance, Regulatory Reporting, and Technology teams to define business solutions.

Translate business requirements into detailed functional and technical specifications.

Facilitate stakeholder workshops, requirement reviews, and solution design sessions.

Maintain end‑to‑end requirement traceability throughout the project lifecycle.

Credit Risk & ECL Initiatives

Support the implementation and enhancement of Expected Credit Loss (ECL) processes and systems.

Work with stakeholders on key ECL components, including:





Probability of Default (PD)

Loss Given Default (LGD)

Exposure at Default (EAD)

Forward‑Looking Information (FLI)

Macro‑Economic Scenarios

Staging Assessment (Stage 1, Stage 2, and Stage 3)

Partner with quantitative modeling teams to support model implementation and business requirements.

Assess impacts of regulatory, accounting, and business changes on ECL processes and reporting.

Data Analysis & Systems Integration

Perform data analysis, data mapping, and gap assessments across multiple applications and platforms.

Support data quality, reconciliation, and validation activities.

Collaborate with technology teams on system integration and data transformation initiatives.

Assist in defining business rules and data requirements for enterprise risk systems.

Required Qualifications

7–10+ years of Business Analysis experience within Banking or Financial Services.

Minimum 3+ years of experience supporting ECL (Expected Credit Loss) initiatives.

Strong understanding of Credit Risk Management and Regulatory Reporting processes.

Experience gathering and documenting business, functional, and system requirements.

Solid analytical, problem‑solving, and stakeholder management skills.

Experience in large‑scale data, risk, or finance transformation programs.

Knowledge of SDLC, Agile, and Waterfall delivery methodologies.

Excellent communication, presentation, and documentation skills.

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