Business Analyst - Modernization Lead - Banking

Business Analyst – Modernization Lead - Banking

Location

*Toronto, ON

Hybrid (2 days per week in the Toronto office preferred)

Experience Required

* 10+ years

## Job Summary

Lead modernization initiatives by partnering with business stakeholders to evaluate, recommend, and implement modernization strategies across business units. Act as a trusted advisor, driving strategic planning, stakeholder engagement, solution evaluation, and change management to support business transformation initiatives within the banking and financial services domain.

## Top Required Skills

* Excellent knowledge of Banking and Financial Services.

* Experience leading project discussions, stakeholder analysis, and requirements gathering.

* At least 3 years of experience evaluating and selecting modernization strategies for different business units.

## Preferred Skills

* Familiarity with modern front-end and server-side rendering frameworks.

* Solution architecture and problem-solving skills.

* Excellent verbal, written, and stakeholder communication skills.

## Key Responsibilities

* Act as a trusted advisor to assigned business groups.

* Assist in the development of strategic plans.

* Identify emerging issues and industry trends to support decision-making.

* Recommend and implement solutions based on business analysis and strategic objectives.

* Support the execution of strategic initiatives in collaboration with internal and external stakeholders.

* Help determine business priorities and execution sequencing.

* Conduct independent analysis and assessments to resolve strategic issues.

* Build and maintain effective relationships with internal and external stakeholders.

* Design and produce regular and ad hoc reports and dashboards.

* Develop and execute change management plans, including:

* Readiness assessments

* Planning

* Stakeholder management

* Execution

* Evaluation

* Sustainment activities

* Track project metrics and milestones, recommend resolutions, and escalate issues as required.

* Network with industry contacts to identify competitive insights and best practices.

* Deliver timely, accurate, and efficient consulting and advisory services.

* Provide specialized consulting, analytical, and technical support.

* Exercise judgment to identify, diagnose, and resolve complex business problems.

* Work independently while managing non-routine situations.

* Support additional responsibilities as required.

## Required Skills

* Banking and Financial Services expertise.

* Solution and Functional Architecture (SAFA).

* Stakeholder management and stakeholder commitment.

* Requirements gathering and business analysis.

* Modernization strategy assessment and planning.

* Solution architecture.

* Change management.

* Analytical and problem-solving skills.

* Data-driven decision making.

* Strong collaboration and teamwork.

* Excellent verbal and written communication.

* Ability to resolve ambiguity by asking the right questions.

* Ability to align business needs with vendor offerings.

## Educational Qualifications

* Bachelor's or Master's degree in Computer Science, Software Engineering, Information Technology, or a related field.

* MBA with a focus on Technology Management is preferred.

* Cloud architecture certifications are preferred.