Sr. Business Systems Analyst, TD Securities

Description

Department Overview

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients who choose us for our knowledge and experience in six key areas of finance: Investment Banking, Debt Capital Markets, Institutional Equities, Private Equity, Precious Metals and Foreign Exchange & Money Market. Our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs.

With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

About This Role

We are looking for a Senior Business Systems Analyst to support the delivery and evolution of Credit Risk Systems used by TD Securities. You will translate complex business, risk, data, and technology needs into clear solution requirements and work closely with business and technology partners throughout the delivery lifecycle, from discovery and impact assessment through testing, implementation, and production adoption.

Meaningful work is fueled by meaningful performance and career development conversations with your manager. The main responsibilities are:

Business Analysis and Delivery

Elicit, analyze, validate, and manage detailed business, data, system, control, and non-functional requirements in alignment with standards and frameworks

Assess current-state processes and system capabilities, identify impacts and dependencies, and recommend practical target-state solution options with business and technology partners

Translate business outcomes into functional specifications, process models, use cases, acceptance criteria, data mappings, and implementation requirements

Contribute to planning, estimation, prioritization, solution design, testing, implementation, and post-release validation

Prepare analysis, reporting, options, and presentation materials to support timely stakeholder and management decisions

Identify opportunities to reduce complexity, manual effort, and operational risk while improving delivery effectiveness

Credit Risk Change and Strategic Initiatives

Support Credit Risk initiatives involving counterparty exposure, stress testing, model implementation, risk reporting, product onboarding, and market data or curve changes

Support onboarding of new businesses, products, counterparties, and data sources into Credit Risk platforms, including impact assessment and operational readiness

Support strategic migrations, application rationalization, legacy platform retirement, and adoption of target-state processes and technology

Data Analysis, Governance, and Controls

Perform data profiling, reconciliation, lineage tracing, source-to-report analysis, and root-cause investigation across large and complex datasets

Define data quality rules, controls, evidence, and remediation requirements in partnership with business, risk, and technology stakeholders

Support the data governance and quality roadmap by assessing scope, dependencies, implementation effort, and delivery risks

Testing and Production Readiness

Develop and execute test plans across development, system, integration, and user acceptance testing stages, including traceability, defect analysis, and implementation validation

Coordinate production readiness, operational procedures, release validation, and issue investigation for business-critical Credit Risk processes

Partner with Engineering and Production Support teams to investigate complex issues and ensure sustainable solutions

Stakeholder and Team Leadership

Build alignment across Front Office, Risk Management, Product Control, Operations, Model Development, Architecture, Engineering, and Support teams

Communicate complex business, risk, data, and technology concepts clearly to technical and non-technical audiences

Provide guidance to analysts, promote consistent BSA practices, and contribute to portfolio planning and continuous improvement

Prioritize and manage workload independently to deliver high-quality results within committed timelines.

Job Requirements:

What can you bring to TD? Share your credentials, but your relevant experience and knowledge can be just as likely to get our attention. It helps if you have:

8+ years of relevant experience in business systems analysis, product analysis, risk analysis, or technology delivery within Capital Markets, Risk Management, or Financial Services

Strong knowledge of counterparty credit risk concepts and measures, including potential future exposure and valuation adjustment measures

Strong understanding of linear and non-linear interest rate and credit derivatives, Fixed Income, Foreign Exchange, and Cash products

Demonstrated experience producing high-quality business, data, functional, and non-functional requirements, process models, use cases, acceptance criteria, and implementation artefacts

Advanced analytical and problem-solving skills, including hands-on SQL, data profiling, reconciliation, root-cause analysis, and investigation of complex data flows

Experience supporting testing across development, system, integration, and user acceptance stages, including test planning, defect analysis, traceability, and implementation validation

Knowledge of the software delivery lifecycle, release management, production readiness, operational controls, and change governance

Proven ability to manage competing priorities, work independently, and influence stakeholders without direct authority

Excellent written and verbal communication skills, with the ability to present complex concepts to technical, business, and executive audiences

Experience with enterprise Credit Risk, counterparty exposure, stress testing, XVA, or regulatory risk reporting platforms is preferred

Experience with applications such as Calypso, Bloomberg, trade booking platforms, market data, and downstream risk or reporting systems is an asset

Experience with APIs, file-based integrations, Linux or Unix environments, and modern data platforms is an asset

Experience supporting business onboarding, model or parameter releases, data governance, platform migration, application decommissioning, or cloud adoption is an asset

Experience working in Agile or product-led delivery models using tools such as JIRA and Confluence is an asset

Requirements

• Required: Bachelor's degree in Computer Science, Engineering, Mathematics, Accounting, Finance, or a related discipline, or equivalent professional experience
• Additional Information:
• Join in on what others in TD Technology Solutions are doing:
• Inspire a positive work environment and help champion quality, innovation, teamwork and service to the business.
• Learn voraciously, stretch your thinking, share your knowledge and educate others.
• Communicate and collaborate with both technical and non-technical professionals.
• Cultivate winning relationships by building trust with business and technology partners.
• Share our commitment to productivity, effectiveness and operational efficiency.
• Embrace change and witness amazing things happen – from the inside.
• LI-Tech
• Who We Are:
• TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.
• Together, we are reimagining what banking can be for our clients, colleagues and communities.
• Our Total Rewards Package
• Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
• Additional Information:
• We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
• Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
• Colleague Development
• If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.
• If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
• We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
• Training & Onboarding
• We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
• Interview Process
• We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Conditions

Toronto, Ontario, Canada

Hours:

5

Line of Business:

Technology Solutions

$81,600 - $115,200 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.