Business Analyst (Retail Banking), Banking & Financial Services, Cognizant Consulting
Banking & Financial Services
Toronto, Ontario
About Us
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant, a member of the NASDAQ-100, is ranked 195 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients with digital at www.cognizant.com.
The Role
We are seeking a passionate, high energy, Consultant, Risk and Regulatory Reporting. Our strength is built on our ability to work together. Our diverse set of backgrounds offer different perspectives and new ways of thinking. It encourages lively discussions, inspires thought leadership, and helps us build better solutions for our people and clients. We are looking for someone who thrives in this setting and is inspired to craft relevant solutions through true collaboration. If you are excited by change, and excel through autonomy, we would love to hear from you!
It takes a lot to succeed in today’s fast-paced market, and Cognizant has become a leader in the industry. We love big ideas and even bigger dreams. We stand out because we put human experiences at the core. We help clients engage customers by envisioning and building creative products and services. We develop go-to-market strategies and invent entirely new business models, ensuring that every company we work with walks away with both encouragement and a plan. Everything we do at Cognizant we do with passion—for our clients, our communities, and our organization. It’s the defining attribute that we look for in our people
Responsibilities
- Understanding various risk and regulatory products and process attributes from upstream/downstream systems.
- Understanding various risk and regulatory concepts and applying them quickly to develop solutions e.g. Risk Shifting, netting, pre-settlement, etc.
- Performing data gap analysis, systems, processes, and procedures as required for the project.
- Documenting functional, data mapping, reporting logic and other requirements.
- Communicating requirements to development and QA, performing testing, coordinating UAT testing and assisting production implementation.
- Contributing to processing re-engineering and process improvement where applicable.
- Supporting user training and documentation as needed.
- Reporting team working status and raise concerns or issues that may hinder the project progress as planned to management and PMs.
Qualifications
- Proven requirement gathering stakeholder management, systems implementation, process improvement, or re-engineering projects within banking or consulting as a Business Analyst
- Hands-on expertise with Data analysis, data mapping, ETL processes, and Data management (DQ, Data Lineage, Data Security), data standardization etc.
- Strong technical foundation in Data Warehousing and PL/SQL, coupled with in-depth credit risk functional knowledge.
- Comprehensive understanding of Capital Markets, various risk types (Credit, Financial).
- Experienced in Agile methodologies, including Jira, user story creation, and overall Agile framework knowledge.
- Working experience with SQL, JIRA & Confluence, SharePoint, Visio etc.
- Demonstrated ability to take initiative and work independently in high-visibility, client-facing, and time-sensitive environments.
Work Authorization
Cognizant will only consider applicants for this position who are legally authorized to work in Canada without requiring employer sponsorship, now or at any time in the future.
Working arrangements
We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring 2-3 days a week in a client OR Cognizant office in Toronto, ON . Regardless of your working arrangement, we are here to support a healthy work-life balance though our various wellbeing programs.
The working arrangements for this role are accurate as of the date of posting. This may change based on the project you’re engaged in, as well as business and client requirements. Rest assured; we will always be clear about role expectations.
Applications will be accepted until June 20th, 2025.
