With its global headquarters in Toronto, Canada, International Financial Data Services (IFDS) is a world-leading provider of outsourcing and technology solutions to the financial services industry. IFDS services over 240 financial organizations around the world, providing solutions to a wide range of global asset managers, wealth managers, banks, and insurance companies. With employees and partners located throughout Canada, Europe, and Asia-Pacific, the IFDS enterprise supports more than 17 million accounts with AUA of approximately CAD $4 trillion. IFDS Canada, Ireland, and Luxembourg are 50/50 joint ventures between Boston-based State Street Corporation, one of the world's leading providers of financial services to institutional investors, and Connecticut-based SS&C Technologies, a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries.
Imagine yourself at IFDS
Come experience a community like no other at International Financial Data Services (IFDS). We offer work opportunities driven by a passion for creating market leading financial solutions, and a culture that nurtures collaboration, accountability, diversity & inclusion, and continuous learning. We'll provide you with opportunities to develop your career. From ongoing training and development programs to experiences working with our global financial services partners, you'll be able to realize your full potential.
Role Overview
The AMS Team acts as a liaison between IFDS clients and SS&C to ensure there is a clear understanding of client needs/requirements and provides oversight for project related deliverables on behalf of clients. The Business Analysis Consultant will work closely with the Manager - Business Analysis to provide Subject Matter Expertise with respect to our Clients, Industry, Products, Systems, Business Process, Regulations and BA Best Practices.
The incumbent will be a key participant in the project life cycle (inception to production) of assigned projects, liaise between our clients and internal development teams, gather and document requirements, facilitate the building or modifications of our applications in order to meet client and industry needs. Business Analysts are also engaged in new client launches, conversions, activation of products/functionality, and support of Production issues as required.
Role Responsibilities
Provide subject matter expertise regarding industry, industry standards Finance/Banking industry, particularly in the Mutual Fund/Transfer agency/Trust Accounting/FundServ domains
Evaluate and present information that will facilitate timely decision making through written and oral communication materials that effectively summarize findings with recommendations
Work closely with internal and external stakeholders to ensure requirements are clearly understood and consistently interpreted
Ensure all changes result in effective and maintainable business solutions
Elicit and translate customer requirements or regulations into comprehensive, complete and accurate business, functional and non-functional requirements
Have strong understanding of process flows, requirements gathering techniques, conducting structured analysis, data modeling, process mapping, Software Development and Project Management Life Cycle
Identify functional or operational gaps through competitive analysis, research, monitoring industry trends and prioritizing customer's requests
Contribute to the implementation of new products and communicate effectively between internal and external stakeholders to ensure product satisfaction is maintained
Document business artifacts utilizing industry best practices to ensure usability, scalability, maintainability
Participate in project walkthroughs:business requirements, user stories, products demos,design, functional test plans and implementation sessions
Deliver on assignments within the required timeframes and escalate to the project team members in an effective and timely manner
Participate in product documentation including user and implementation guides
Provide expertise on projects within the program and liaise with stakeholders, clients and project team as required
Ensure team is following defined processes and best practices and provide input for continual improvement on business analysis methodology, processes and templates
Provide input into business analysis documentation standards and tools
Actively assess risks, provide mitigation plan and escalate issues to management
Participate in project walkthroughs: business requirements, design, user guides, functional test plans and implementation sessions
Have excellent understanding of process flows, requirements gathering techniques, conducting structured analysis, data modeling, process mapping, Software Development and Project Management Life Cycle
Demonstrate superior flexibility in the face of ambiguous situations, shifting demands and challenging work environments
Minimum Qualifications
5-7 years IFDS related experience
University degree or equivalent experience
Demonstrate excellent time management skills, ability to multi-task, self-direction, and prioritize
Strong understanding of QESI, RESP, Locked in Plans, Segregated fund and Guaranteed investment product knowledge
Understanding of the regulatory bodies governing client product offering and industry best practices. For example: CLHIA, National Instrument, Federal/Provincial, FundSERV, IACC and IFIC
Superior analytical and problem solving skills
Experience with Agile methodology
Have strong business and system analytical skills - able to analyze and solve problems
Exceptional ability to communicate clearly and effectively, both verbally and in writing
Excellent facilitation and negotiation skills
Highly skilled at multitasking and prioritizing tasks
Ability to foster and build relationships, engage and influence
Innovative - seeks out innovative solutions and champions continuous improvement
Initiative - takes independent action and goes beyond what the job or situation requires
Prioritization - ability to organize workflow in order to accomplish multiple and changing priorities within specified timeframe
Results oriented - Strives to achieve high levels of individual and organizational performance
Demonstrated superior flexibility in the face of ambiguous situations, shifting demands and challenging work environments.
Expertise in evaluating feasibility or practicality of ideas and options, assessing risks and trade-offs and making informed and timely decisions
Superior iFast knowledge
Beneficial
Bilingual French/English both written/verbal
CBAP/PMI-PBA certification
IFIC Operations and Procedures course
Financial industry certification (CSC/CFA)
AODA Statement
IFDS Canada encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodation needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.
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