Position Details:

Job Title: Senior Business Analyst (Capital Management & Regulatory Reporting)
Location: Toronto, ON (3x or 4x Onsite)
Contract Length: 6 to 12 Months Contract (Possibilities of extension)
Start Date: ASAP
Pay Range: $78 - $88 per hour
Client: Banking & Finance

Benefits Info:
The Company offers a total rewards package in accordance with all applicable federal, provincial, and local laws and requirements. Benefit eligibility and offerings vary based on role, employment status, and work location.
For contractor positions, benefits are limited to those entitlements and protections required by applicable law, which may include (as applicable) vacation pay, public holidays, leaves of absence, and other legally mandated benefits or payments.

AI use Disclosure:
We may use AI-enabled and/or automated tools to support parts of our recruitment process, including application screening, interview scheduling, and candidate communications. These tools are used to enhance consistency and efficiency. All hiring decisions involve human review and are not based solely on automated processing.

Job Description:

• Our Banking Client is seeking a hands-on Counterparty Credit Risk (CCR) SME to support a firm-wide Capital Management Transformation. 
• This is not a project manager or generic BA role. 
• You will interpret and apply CCAR Chapters 4–8 and Basel/OSFI guidance, work directly with SCCRCAD and SFDS EAD datasets, and validate how exposure, collateral, and risk weights flow through to EAD and RWA across derivatives and SFTs.

What You’ll Do

• Own end-to-end business analysis for capital reporting: requirement elicitation, translation, data mapping, UAT, and sign-off.
• Interpret CCAR Chapters 4–8 (credit risk, CCR methodology, trading book exposures, scenario analysis, EAD computation, RWA) into actionable requirements and system logic.
• Work hands-on with SACCR and SFTS EAD datasets: source mapping, lineage, controls, and reconciliation.
• Analyze exposure movements; diagnose root causes behind material changes (e.g., a $2B exposure increase) rather than only reporting them.
• Validate collateral application and its effect on exposure/EAD; confirm deterministic calculations align to regulatory formulas.
• Review risk-weighting logic by exposure class and factors; detect and correct mis-applied weights.
• Partner with Risk, Finance, and Technology to ensure regulatory logic is implemented correctly across upstream/downstream systems.
• Produce audit-ready documentation: BDRs, mappings, flows, test evidence, and issue logs.
• Lead UAT planning/execution with full coverage and traceability to regulatory requirements.

Must-Have:

• 10+ years as a Senior BA/BA Specialist in Capital Markets/Risk/Regulatory Reporting.
• Deep CCR/CCAR domain expertise, with practical application of Ch. 4–8 and Basel/OSFI rules in a large FI.
• Derivatives and SFTs expertise, including repo-style collateralization and its impact on exposure and risk weights.
• Hands-on work with SACCR and SFTS EAD datasets (sourcing, structure, mapping, reconciliation).
• Proven ability to reverse-engineer EAD/RWA results, reconcile anomalies, and explain movements to risk managers and regulators.
• Advanced Excel for analysis, validation, and reconciliation; strong written documentation discipline.
• Excellent stakeholder management across Risk, Finance, Tech; clear, concise communication.

Nice to Have:

• Working knowledge of SQL/Python for diagnostic analysis; familiarity with data workflow tools (e.g., ARTRIX).
• Experience in Capital Management, Treasury, Finance, or Liquidity Risk.
• Exposure to ETL/data integration environments.
• Prior experience in a Big-5 bank or Tier-1 capital reporting program.