First Derivative is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data-driven, digital revolution that is transforming the financial services sector. Our global teams span across 15 offices serving clients across EMEA, North America and APAC.

As an EPAM Systems, Inc. (NYSE: EPAM) company, a leading global provider of digital platform engineering and development services, we deliver advanced financial services solutions by empowering operational insights, driving innovation, and enabling more effective risk management in an increasingly data-centric world. Together with EPAM, we combine deep industry expertise with cutting-edge technology to help clients stay ahead in a rapidly evolving financial landscape, offering comprehensive solutions that drive business transformation and sustainable growth.

First Derivative, an EPAM Company, is expanding its Toronto Practice and is seeking talented, ambitious, and commercially aware Senior Business Analysts to join our growing team.

This is an exciting opportunity to work on high-profile transformation and regulatory change programmes with leading investment banks, capital markets firms, and financial market infrastructure providers. You will play a key role in helping clients to break down complex business problems & flows, define requirements across data, process and technology, to be implemented on or across one of more platform such as trading, post trade or data analytic platforms.

As a Senior Business Analyst, you will work closely with business stakeholders, technology teams, and subject matter experts to analyse requirements, deliver solutions, and support the successful implementation.

The recruiting efforts for this position are intended to fill an existing vacancy for a new position.

Responsibilities

Agile & Story Management: Facilitate Agile product teams in story and feature management, conduct story slicing to optimize delivery, and lead technical grooming sessions

Gather, analyse, and document business and regulatory requirements through workshops, interviews, and stakeholder engagement

Create business requirement documents, functional specifications, process flows, user stories, and acceptance criteria

Collaborate with product owners, developers, QA teams, and operations teams throughout the project lifecycle

Define and execute User Acceptance Testing (UAT) activities, potentially including test case creation, defect management,



and results reporting

Translate complex business strategy/vision or regulatory obligations into transparent functional and technical requirements

Requirements

Education: Bachelor's Degree in Computer Science, Information Technology, or a related field

6+ years of business analysis and requirements management experience within Capital Markets or Financial Services

Experience in agile tools e.g Jira and Confluence

Understanding of trade and transaction lifecycles across different financial products/instruments

Strong requirements gathering, analysis, and documentation skills

Experience working within Agile, Waterfall, or hybrid delivery environments

Excellent stakeholder management and communication skills, with the ability to engage effectively across all levels of an organisation

Strong analytical and problem-solving capabilities

Experience supporting UAT and business testing activities

Ability to interpret complex data and business processes

Strong attention to detail and commitment to delivering high-quality outcomes

Self-motivated, proactive, and able to manage multiple priorities simultaneously

Nice to have

Experience in using AI tools during the SDLC process

Experience in defining requirements to build AI tools/agents

Knowledge of global regulatory reporting regimes, such as EMIR, MiFID II / MiFIR, SFTR, Dodd-Frank, CFTC, etc

Experience using SQL for data analysis and investigation

Exposure to Linux environment

We offer

Extended Healthcare with Prescription Drugs, Dental and Vision, and Healthcare Spending Account (Company Paid)

Life and AD&D; Insurance (Company Paid)

Employee Assistance Program (Company Paid)

Telehealth (Company Paid)

Short-term Disability (Company Paid)

Long-Term Disability

Paid Time Off (including vacation and sick days)

Registered Retirement Savings Plan (RRSP) with Company match

Maternity/Parental/Adoption Leave Top-up

Employee Stock Purchase Program

Critical Illness Insurance

Employee Discounts

Unlimited access to LinkedIn learning solutions

This posting includes a base salary range EPAM Canada would reasonably expect to pay the selected candidate.



Individual compensation offers within the range are based on a variety of factors, including, but not limited to, experience, credentials, education, training, the demand for the role, skillset, and overall business and local labour market considerations. Most candidates are hired at a salary within the range disclosed.

Salary range: CA$130,000 - CA$140,000. In addition, the details highlighted in this job posting above are a general description of all other expected benefits and compensation for the position.

An artificial intelligence system is software that is developed with one or more techniques that can, for a given set of human-defined objectives, using algorithmic information processing, generate outputs such as content, predictions, recommendations, or decisions with varying levels of autonomy (“AI”). Tasks that humans have traditionally done by thinking and reasoning are increasingly being done by, or with the help of, AI to help create efficiencies. EPAM may use AI during the recruitment process, in connection with collecting or processing your personal data.

Some (non-exhaustive) examples of tasks that EPAM may use AI for include conducting initial screening, creating transcripts of interviews, and assessing applications/CVs against defined criteria to make suggestions to the individuals evaluating your candidacy. Your personal data and the results of any processing are not shared with AI applications outside of EPAM infrastructure. While EPAM may use AI to help create efficiencies during the recruitment process, EPAM does not use AI to make hiring decisions, which is done by EPAM Talent Acquisition and management.

EPAM Canada welcomes and encourages applications from candidates with disabilities. Please contact WFA Human Resource CA [email protected] if you have questions in this regard, or if you require an accommodation to complete the application process.

EPAM is a leading global provider of digital platform engineering and development services. We are committed to having a positive impact on our clients, our employees, and our communities. We embrace a dynamic and inclusive culture.

Here you will collaborate with multi-national teams, contribute to a myriad of innovative projects that deliver the most creative and cutting-edge solutions, and have an opportunity to continuously learn and grow. No matter where you are located, you will join a dedicated, creative, and diverse community that will help you discover your fullest potential.

Engineer the Future with a Career at EPAM

Claire Corrigan

📌 Senior Business Analyst (Toronto)
🏢 EPAM Systems
📍 Toronto