- Salary
- $65 – $73
- Location
- Toronto
- Workplace
- Hybrid, Onsite
- Type
- Contract
- Experience
- 3+ years
- Source
- PCRecruiter
Description
Business Systems Analyst - Derivatives #105021
Request ID: 105021-1
Start/End Dates: 2026-09-03 - 2027-03-02
Work Location: Downtown Toronto, near TTC and GO
Job Title: Professional - Business Analyst - Senior
Title: Sr Business Systems Analyst - Derivatives #105021
Line of Business: Technology
Target rate range: $65-73hr B2B
Target Start Date: ASAP – 3-4 weeks post successful interview
Duration: 6 months to start
Potential for this contract to be extended or converted to FTE? • FTE: yes, needs to be agreed at beginning this role will be a conversion to FTE / • Extension: maybe
Hybrid work: Hybrid 1 or 2 Days in office
Office Location: 141Bay street
Work Schedule (hours per week, start time): 37.5 Hours/week, 9-5 Monday to Friday
Potential for OT? no
What does the LOB do?: building system and services for internal capital market users
Reason the role is open? New role
What project will this contractor be working on? Building trade services and others
Highlights of the role; why would someone choose this role over another? Opportunity to work on trading systems, financial products and build new services and technologies
Who Will the Candidate Be Working with on a Daily Basis? Project team
How many years of experience? 4-5 years
Job Description:
Job Description Summary
The role is responsible for providing advice and consultation for business application developments to ensure growth. The role provides technical leadership, interpreting complex information and participating in client business review sessions to influence decisions regarding the use of technology to support objectives. The role develops, recommends and facilitates activities required for the application of new technologies to support existing processes and client needs. The role provides expertise to project managers, coordinators and directors on technology functionality and utilization, utilizing a solid understanding of business dynamics. The role independently resolves a variety of ambiguous challenges with organization-wide impacts, devising new methods using strong analytic and inductive thinking.
The manager is mainly looking for candidates who meet the following requirements:
• Derivatives knowledge
• Ability to work effectively with both business stakeholders and developers in a large team environment
• Basic coding knowledge, with the ability to read and understand code, even with AI assistance
At a minimum, the candidate should understand FX, IR, and EQ options and swaps, including their definitions, valuation, and lifecycle events.
Ability to work effectively with developers
The candidate should be able to translate business requirements into clear, logical language that developers can understand and implement.
To do this successfully, they should also have an understanding of data workflows and some coding experience.
What you'll be doing
You’ll be joining CIBC’s Global Derivatives Technology (Capital Markets Technology) team. As a Business Systems Analyst, you’ll play a pivotal role in designing and delivering technology solutions for OTC derivatives across all asset classes, including interest rate, FX, commodities, equities, and credit. You will work closely with business and technology stakeholders to analyze complex derivative workflows, drive requirements gathering, and enable scalable, resilient platforms that support our trading, risk, operations, and compliance functions.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote.
How you'll succeed
• Product and Trade Lifecycle: Drive initiatives to build and enhance platforms for OTC derivatives, supporting trade capture, lifecycle management, and end-to-end processing across multiple asset classes.
• Requirements and Analysis: Gather, analyze, and document business and functional requirements, create data mappings, interface specifications, and acceptance criteria. Author high-quality BRDs/FRDs or user stories and ensure traceability from requirements through delivery.
• Solution Design Support: Collaborate with product owners, architects, and developers to evaluate solution options, validate technical feasibility, and refine non-functional requirements such as data quality, performance, and operational resilience.
• Data and APIs: Perform data analysis using SQL, contribute to API specifications (REST/JSON), and support integration efforts with internal and external platforms.
• Testing and Delivery: Support UAT planning and execution, troubleshoot defects and production issues, and facilitate release readiness and post-implementation validation with robust testing and operational controls.
• Collaboration and Communication: Build strong partnerships with Trading, Risk, Operations, Compliance, and QA teams. Effectively communicate complex concepts to diverse stakeholders, ensuring alignment on scope, priorities, and timelines.
Who you are
• You can demonstrate at least 3 years of experience as a Business Systems Analyst in Capital Markets, with hands-on exposure to OTC derivatives and the full trade lifecycle. Strong skills in SQL and Excel for data analysis, and can create precise data mappings and validate transformations. Adept at writing requirements (user stories/BRDs/FRDs), acceptance criteria, and test scenarios, and have direct experience supporting UAT. Skilled at investigating production issues, performing impact analysis, and driving enhancements. Collaborate effectively with both business and technology teams, communicate technical topics clearly, and facilitate decision-making. It is an asset if you have familiarity with FpML/FIX, REST APIs/JSON, Python for analysis, derivatives platforms (Murex, Calypso), data visualization tools, Agile methodologies (Scrum/Kanban), Jira/Confluence, and regulatory reporting (Dodd-Frank, EMIR, MiFID II, UMR, DTCC).
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it’s the right thing to do.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You're inspired by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.
Must-Have Requirements
• 4-5 years as a Business Systems Analyst in Capital Markets
• Experience with OTC derivatives and trade lifecycle
• Strong SQL and Excel skills
• Data mapping and transformation validation experience
• Requirements gathering (User Stories, BRDs, FRDs)
• UAT support, test scenarios, and acceptance criteria
• Production issue analysis and impact assessment
• Strong stakeholder communication and collaboration
• Financial institutional experience and capital markets
Nice-to-Have Requirements
• FpML, FIX, REST APIs, and JSON knowledge
• Python for data analysis
• Experience with Murex or Calypso
• Power BI, Tableau, or similar visualization tools
• Agile (Scrum/Kanban), Jira, and Confluence
• Regulatory reporting knowledge (Dodd-Frank, EMIR, MiFID II, UMR, DTCC)
NOTE:
Role will close on Sept 1 at 9am
G.G. Consulting Group uses advanced ATS systems to track and manage candidates and jobs. We do not use AI tools for candidate screening.
Request ID: 105021-1
Start/End Dates: 2026-09-03 - 2027-03-02
Work Location: Downtown Toronto, near TTC and GO
Job Title: Professional - Business Analyst - Senior
Title: Sr Business Systems Analyst - Derivatives #105021
Line of Business: Technology
Target rate range: $65-73hr B2B
Target Start Date: ASAP – 3-4 weeks post successful interview
Duration: 6 months to start
Potential for this contract to be extended or converted to FTE? • FTE: yes, needs to be agreed at beginning this role will be a conversion to FTE / • Extension: maybe
Hybrid work: Hybrid 1 or 2 Days in office
Office Location: 141Bay street
Work Schedule (hours per week, start time): 37.5 Hours/week, 9-5 Monday to Friday
Potential for OT? no
What does the LOB do?: building system and services for internal capital market users
Reason the role is open? New role
What project will this contractor be working on? Building trade services and others
Highlights of the role; why would someone choose this role over another? Opportunity to work on trading systems, financial products and build new services and technologies
Who Will the Candidate Be Working with on a Daily Basis? Project team
How many years of experience? 4-5 years
Job Description:
Job Description Summary
The role is responsible for providing advice and consultation for business application developments to ensure growth. The role provides technical leadership, interpreting complex information and participating in client business review sessions to influence decisions regarding the use of technology to support objectives. The role develops, recommends and facilitates activities required for the application of new technologies to support existing processes and client needs. The role provides expertise to project managers, coordinators and directors on technology functionality and utilization, utilizing a solid understanding of business dynamics. The role independently resolves a variety of ambiguous challenges with organization-wide impacts, devising new methods using strong analytic and inductive thinking.
The manager is mainly looking for candidates who meet the following requirements:
• Derivatives knowledge
• Ability to work effectively with both business stakeholders and developers in a large team environment
• Basic coding knowledge, with the ability to read and understand code, even with AI assistance
At a minimum, the candidate should understand FX, IR, and EQ options and swaps, including their definitions, valuation, and lifecycle events.
Ability to work effectively with developers
The candidate should be able to translate business requirements into clear, logical language that developers can understand and implement.
To do this successfully, they should also have an understanding of data workflows and some coding experience.
What you'll be doing
You’ll be joining CIBC’s Global Derivatives Technology (Capital Markets Technology) team. As a Business Systems Analyst, you’ll play a pivotal role in designing and delivering technology solutions for OTC derivatives across all asset classes, including interest rate, FX, commodities, equities, and credit. You will work closely with business and technology stakeholders to analyze complex derivative workflows, drive requirements gathering, and enable scalable, resilient platforms that support our trading, risk, operations, and compliance functions.
At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote.
How you'll succeed
• Product and Trade Lifecycle: Drive initiatives to build and enhance platforms for OTC derivatives, supporting trade capture, lifecycle management, and end-to-end processing across multiple asset classes.
• Requirements and Analysis: Gather, analyze, and document business and functional requirements, create data mappings, interface specifications, and acceptance criteria. Author high-quality BRDs/FRDs or user stories and ensure traceability from requirements through delivery.
• Solution Design Support: Collaborate with product owners, architects, and developers to evaluate solution options, validate technical feasibility, and refine non-functional requirements such as data quality, performance, and operational resilience.
• Data and APIs: Perform data analysis using SQL, contribute to API specifications (REST/JSON), and support integration efforts with internal and external platforms.
• Testing and Delivery: Support UAT planning and execution, troubleshoot defects and production issues, and facilitate release readiness and post-implementation validation with robust testing and operational controls.
• Collaboration and Communication: Build strong partnerships with Trading, Risk, Operations, Compliance, and QA teams. Effectively communicate complex concepts to diverse stakeholders, ensuring alignment on scope, priorities, and timelines.
Who you are
• You can demonstrate at least 3 years of experience as a Business Systems Analyst in Capital Markets, with hands-on exposure to OTC derivatives and the full trade lifecycle. Strong skills in SQL and Excel for data analysis, and can create precise data mappings and validate transformations. Adept at writing requirements (user stories/BRDs/FRDs), acceptance criteria, and test scenarios, and have direct experience supporting UAT. Skilled at investigating production issues, performing impact analysis, and driving enhancements. Collaborate effectively with both business and technology teams, communicate technical topics clearly, and facilitate decision-making. It is an asset if you have familiarity with FpML/FIX, REST APIs/JSON, Python for analysis, derivatives platforms (Murex, Calypso), data visualization tools, Agile methodologies (Scrum/Kanban), Jira/Confluence, and regulatory reporting (Dodd-Frank, EMIR, MiFID II, UMR, DTCC).
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it’s the right thing to do.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You're inspired by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.
• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.
Must-Have Requirements
• 4-5 years as a Business Systems Analyst in Capital Markets
• Experience with OTC derivatives and trade lifecycle
• Strong SQL and Excel skills
• Data mapping and transformation validation experience
• Requirements gathering (User Stories, BRDs, FRDs)
• UAT support, test scenarios, and acceptance criteria
• Production issue analysis and impact assessment
• Strong stakeholder communication and collaboration
• Financial institutional experience and capital markets
Nice-to-Have Requirements
• FpML, FIX, REST APIs, and JSON knowledge
• Python for data analysis
• Experience with Murex or Calypso
• Power BI, Tableau, or similar visualization tools
• Agile (Scrum/Kanban), Jira, and Confluence
• Regulatory reporting knowledge (Dodd-Frank, EMIR, MiFID II, UMR, DTCC)
NOTE:
Role will close on Sept 1 at 9am
G.G. Consulting Group uses advanced ATS systems to track and manage candidates and jobs. We do not use AI tools for candidate screening.
Skills
PythonSQLJiraConfluenceExcelTableauPower BIRESTAgileScrumKanbanCompliance
