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Business Analyst for Risk IT

Cynet SystemsToronto, ON🇺🇸United StatesPosted 7 Aug 2026

Why This Role Stands Out

This hybrid role offers a fantastic opportunity to deepen your expertise in Risk IT within a reputable organization, where you'll drive impactful projects and contribute to crucial systems implementations. If you possess strong analytical skills, a background in banking or consulting, and a passion for process improvement, you'll thrive in this dynamic environment. Apply today to advance your career in this exciting position!

Quick Overview

Work Type
Hybrid
Level
Mid Senior

Job Description

We are looking for Business Analyst for Risk IT for our client in Toronto, ON

Job Title: Business Analyst for Risk IT

Job Location: Toronto, ON

Job Type: Contract

Job Overview:

Requirement/Must Have:

  • Experience in systems implementation, process improvements, or systems reengineering projects with a banking organization or consulting company.
  • Undergraduate degree or higher, preferably in Mathematics, Computer Science, Engineering, or Finance.
  • Knowledge of SDLC lifecycle, Agile, and other methodologies.
  • Experience in SQL through HIVE, MS SQL Server, Teradata, HUE, Dremio, etc.
  • Advanced skills in MS Word, MS Project, MS PowerPoint, MS Excel, Visio, and MS Access.

Responsibilities:

  • Understand various product attributes from upstream, including Lending products, Facility, Security, Security Finance Transaction, and Derivative.
  • Quickly learn and apply new concepts such as LEF Risk Shifting for Credit Default Swap, SFT, Derivative Guarantees, and LC Fronting.
  • Perform data gap analysis on systems, processes, and procedures as required for the project.
  • Create reporting mapping logic or requirement documents.
  • Communicate requirements to development and QA, perform testing, coordinate UAT testing, and assist with production implementation.
  • Contribute to process reengineering and process improvement where applicable.
  • Support user training and documentation as needed.
  • Report the BA team working status and raise concerns or issues that may hinder project progress to management and PMs.

Skills:

  • Business Analysis.
  • Banking & Capital Markets Domain.
  • Regulatory Reporting.
  • Counterparty Credit Risk.

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Benefits
Our Benefits Include:
  • Medical, Dental, and Vision Insurance
  • 401(k) Retirement Plan
  • Health Savings Account (HSA)
  • Disability Insurance (Short-Term and Long-Term)
  • Life and AD&D Insurance
  • Paid Sick Leave (where required by applicable state or local law)
  • Supplemental Insurance Plans
  • Identity Theft Protection
  • Pet Insurance
  • Employee Wellness Programs
  • Employee Assistance Program (EAP)
  • Career Growth and Professional Development Opportunities
Disclaimer: Benefits eligibility, accrual rates, and usage limits may vary based on employment status, length of service, and work location. Paid Sick Leave is provided in strict accordance with applicable state and municipal mandates. Cynet Systems Inc. reserves the right to modify, amend, or terminate any benefit plans at any time in accordance with applicable laws.

About Cynet Systems

Founded in 2010 and headquartered in the Washington, DC metro area, Cynet Systems Inc. is a leading technology staffing and workforce solutions company serving Fortune 500 companies, government agencies, and enterprise organizations across the United States and Canada. We deliver agile, scalable talent solutions across IT, engineering, life sciences, clinical, and professional staffing, powered by a high-performing recruitment engine operating across North America and Asia.
As a nationally and locally certified Minority Business Enterprise (MBE), Cynet Systems is committed to helping organizations build high-performing teams while empowering professionals to grow rewarding careers. Our organization is certified to ISO 9001, ISO 14001, ISO 27001, and SOC 2 Type II standards, reflecting our commitment to quality, security, operational excellence, and customer success.

Skills

Agile
Business Analysis
Process Improvement

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