Hi,

We have a Business Systems Analyst (BSA) - Payments Modernization & Integration role with our direct client in Toronto Ontario, Hybrid 4 days from office.

Its a RTH role and IC can also apply

Business Systems Analyst (BSA) - Payments Modernization & Integration

Location: Toronto, ON

Work Model: Hybrid (4 Days Onsite / Week)

Interview Process: In-Person Interview Required

Employment Type: Contract / Full-Time

Job Summary

We are seeking an experienced Business Systems Analyst (BSA) with solid expertise in Payments, Modernization Programs, and System Integration initiatives. The ideal candidate will work closely with business stakeholders, product owners, architects, and development teams to gather requirements, analyze business processes, and support the delivery of enterprise payment transformation projects.

Key Responsibilities

- Gather, analyze, document, and validate business and system requirements.
- Work on payment modernization initiatives involving legacy-to-modern platform transformation.
- Collaborate with business stakeholders and technology teams to define functional and non-functional requirements.
- Create detailed business requirement documents (BRD), functional requirement specifications (FRD), process flows, and use cases.
- Support integration initiatives involving APIs, middleware, and third-party payment systems.
- Conduct gap analysis, impact assessments, and data mapping exercises.
- Facilitate workshops, requirement walkthroughs, and stakeholder meetings.
- Support UAT planning, test case creation, defect triage, and production deployment activities.




- Ensure regulatory and compliance requirements are addressed within payment solutions.
- Work within Agile/Scrum delivery environments.

Required Skills & Experience
- 7+ years of experience as a Business Systems Analyst.
- Strong domain expertise in Payments:
- Wire Payments
- ACH / EFT
- Real-Time Payments
- SWIFT
- ISO 20022
- Cross-border Payments
- Experience in payment modernization and transformation projects.
- Strong knowledge of system integrations, APIs, web services, and microservices architecture.
- Experience creating process flows using Visio, BPMN, or similar tools.
- Strong SQL skills for data analysis and validation.
- Experience with Agile methodologies and tools such as Jira and Confluence.
- Excellent stakeholder management and communication skills.

Preferred Qualifications
- Banking or Financial Services industry experience.
- Experience with cloud-based modernization initiatives.
- Familiarity with payment platforms and transaction processing systems.
- Knowledge of regulatory standards and compliance requirements within the payments domain.
- CBAP, CCBA, or related BA certifications are an asset.

Key Competencies
- Business Analysis
- Requirements Management
- Payments Domain Expertise
- Data Analysis
- Systems Integration
- Stakeholder Management
- Agile Delivery
- Problem Solving
- Communication & Presentation Skills

Work Arrangement: Candidates must be able to attend the Toronto office 4 days per week and participate in an in-person interview process. Thanks and Regards,

Rajneesh Bhardwaj

Iris Software

200 Metroplex Drive, Suite #300, Edison, NJ 08817

Mail: [email protected]

📌 Business System Analyst (Toronto)
🏢 Iris Software
📍 Toronto