Business System Analyst BSA Banking AML

Our leading financial services client in Toronto is seeking a highly skilled Technical Business Systems Analyst (BSA) with a strong background in .NET and database architecture to join their Financial Crime & Regulatory Compliance Technology team. In this role, you will act as the vital bridge between AML business stakeholders, risk officers, and engineering teams to deliver high-impact software solutions for anti-money laundering, transaction monitoring, and regulatory reporting systems.

The ideal candidate brings deep experience in banking compliance domain concepts paired with technical fluency across Microsoft technologies (MS .NET, C#, , MVC, IIS, MS SQL) and Java. You will analyze legacy systems, design functional/technical specifications, write complex SQL queries for data reconciliation, and guide full-stack applications through successful delivery.

Work Location:

Toronto (Hybrid: 3 days per week in office)

Schedule:

37.5 hours per week

Advantages
High-Impact Domain:
Play a key role in safeguarding enterprise integrity through critical anti-money laundering and regulatory compliance technology.

Balanced Hybrid Model:
Work in a modern Toronto office 3 days a week while enjoying flexible work-from-home options for the remainder.

Complex Tech Stack:
Blend business systems analysis with deep technical code and database analysis across legacy and modern platforms.

Industry Leadership:
Gain exposure to enterprise-level banking systems and collaborate with industry-leading risk and engineering professionals.

Responsibilities
Requirements Engineering:
Partner with AML, Risk, and Compliance business teams to elicit, analyze, and document Business Requirements Documents (BRDs), Functional Requirement Specifications (FRDs), and Agile User Stories.

Technical Systems & Data Analysis:
Analyze existing legacy and modern application codebases (, C#, MVC, Java) and database structures (MS SQL Server) to understand system dependencies, data flows, and transformation logic.

Data Lineage & Mapping:
Formulate detailed Source-to-Target Mappings (STM), data dictionaries, and API/interface specifications for complex transaction monitoring and financial reporting pipelines.

SQL & Database Validation:
Write advanced SQL queries (joins, stored procedures, views) to analyze underlying banking data, conduct gap analysis, perform data profiling, and validate business logic against database records.

System Testing & Defect Triage:
Define UAT test scenarios, acceptance criteria, and test data conditioning. Facilitate defect triage sessions with full-stack engineering teams, tracking issues through resolution in Jira and Git/Bitbucket workflows.

Governance & Compliance:
Ensure all system designs and workflow updates align with enterprise delivery frameworks, security standards, audit controls, and regulatory requirements (e.g., FINTRAC, OSFI, OFAC, BSA/AML).

Stakeholder & Team Alignment:
Serve as the central point of contact during Agile ceremonies, helping translate complex business rules into technical tasks for developers and engineers.

Qualifications
Must-Have Experience & Technical

Skills:

- Technical

Experience:

5–8 years of hands-on experience or deep technical familiarity reading and analyzing code written in MS .NET (C#, , ASP.NET MVC).

- Domain Knowledge: 5+ years of experience as a Business Systems Analyst or Technical Analyst within Tier-1 financial institutions or banking environments, with a solid understanding of AML, Transaction Monitoring, KYC, Sanctions Screening, or Regulatory Reporting workflows.

- Database & Querying:
Expert-level proficiency writing complex MS SQL queries, stored procedures, and database triggers for data verification and reconciliation.

- Hosting & Web Architecture:
Strong understanding of IIS (Internet Information Services) server configurations and web application architectures.

- Version Control & ALM:
Proficiency using Git/Bitbucket for repository tracking, alongside Jira and Confluence for user story management and documentation.

- SDLC & Methodologies:
Proven experience working in Agile/Scrum and hybrid delivery models, with a strong understanding of full-stack web application development…