Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Global Enterprise

Services (GES) is accountable for the operation of Canada's two systemically important clearing houses (CDS and CDCC) and, as a shared service organization for TMX, it also provides services that support TMX businesses in meeting their objectives. In this regard, GES provides the Firm's Technology, Information Security, Enterprise Risk Management, Integrated Operations, Project Management, Vendor management and Innovation services.

The Business Analyst draws up requirement statements and takes part in development projects as advisor in the area of business and systems use. He/she follows up change requests with users and acts as intermediary between users and implementation teams.

Lead requirements gathering, analysis, and documentation for enhancements across CDS,CCMS.

Conduct interviews and analysis sessions to understand current business processes and future needs.

Translate documented requirements and described business rules/processes into clear actionable functional specifications documents and configure modules to meet those specifications, ensuring traceability from requirements to deliverables.

Collaborate with technical teams on solution design, configuration, and integration development.

Act as the functional subject matter expert (SME) during the design, development, and implementation phases of new capabilities.

Support the teams that perform design, configuration, and maintenance.

Contribute to successful project completion by identifying risks and recommending mitigating strategies.

Collaborate with Enterprise Architecture, Legal, and Information Security teams to validate solutions from an architecture, data privacy, legal contract, and cybersecurity perspective.

Provide leadership in process improvement initiatives and enhance system and support documentation.





Collaborate with project managers and other team members to ensure projects are delivered on time and within budget.

Make recommendations on process improvements and system enhancements to optimize performance and efficiency.

Develop detailed test scripts and coordinate User Acceptance Testing (UAT) sessions to ensure delivered solutions meet requirements and stakeholder expectations.

Manage and prioritize defects and enhancements identified during testing.

Create training materials and support documentation for end-users and administrators.

Proven experience as a Business Analyst in Capital Markets.

Minimum 5 years of experience performing requirements analysis with various functional areas of business and mapping requirements.

Experience with leading joint analysis and design sessions to elicit outcome based use cases and user stories that deliver results.

Ability to apply critical thinking to problems and identify alternative solutions with pros and cons and present to business and technology stakeholders.

Business Analysis experience with a demonstrated ability to gather and define requirements.

Demonstrated experience with waterfall and Agile-based project methodologies.

Solid ability to communicate complex concepts clearly to both technical and non-technical audiences.

University degree in technology related field or business.

MS Office/ Google Suite expertise

Testing Experience with usage of automated tools

120,000/year - 130,000/year CAD.

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform,



we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ?

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate.

Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation Trayport and VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.

TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna.

📌 Required Business Analyst (Toronto)
🏢 TMX Group
📍 Toronto