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Sr. Business System Analyst (Payments)

CGI

CGI

IT
Toronto, ON, Canada
Posted on Jun 20, 2025

Position Description:

This role is hybrid and requires you to be at our client office (250 Yonge, St Toronto) at a minimum 3-4 days per week - subject to change at any time.

Your future duties and responsibilities:

Key Responsibilities:
• Collaborate with client business and technology stakeholders to gather, analyze, and document business and system requirements related to ISO 20022-based payments and broader payments initiatives.
• Lead end-to-end analysis and solution design for complex payments modernization projects.
• Conduct detailed gap analyses between SWIFT MT (legacy) and ISO 20022 MX (XML) message formats (e.g., PACS, PAIN, CAMT).
• Develop message mapping documentation and transformation rules using SWIFT MyStandards, XML, and JSON tools.
• Interpret and work with XML, XSDs, and JSON schemas for data validation and transformation purposes.
• Understand and support REST APIs, and various communication protocols such as SFTP and MQ.
• Work closely with architects, integration teams, and other stakeholders to define functional and technical specifications.
• Support integration efforts involving payment hubs, settlement systems, sanctions screening systems, and internal banking platforms.
• Participate in system and user acceptance testing, validating end-to-end payment flows across SWIFT FIN/MX and domestic/international rails.
• Provide subject matter expertise on ISO 20022 strategy, implementation timelines, and SWIFT compliance.
• Ensure adherence to payments controls such as limits checks, duplicate checks, and maker-checker processes.
• Contribute actively to Agile delivery processes including backlog grooming, sprint planning, demos, and retrospectives.

Required qualifications to be successful in this role:

Required Qualifications:
• Degree or diploma in Computer Science, Business, or a related field.
• Ņ–7+ years of experience as a Business Systems Analyst, with proven leadership in payments projects and solution design.
• Strong hands-on experience with SWIFT messaging standards including MT and ISO 20022 MX.
• Proficient in XML/XSD and JSON schema development and interpretation.
• Experience designing technical solutions for complex requirements in the financial services or banking sector.
• Understanding of payment-related architectures and application delivery lifecycles.
• Knowledge of domestic and global payments ecosystems (e.g., Lynx, ACSS, CHIPS, TARGET2).
• Strong documentation, communication, and stakeholder management skills.
• Bilingual in English/French is preferred for client-facing roles.


Nice to Have:
• Experience in payments consulting roles at major Canadian banks.
• Familiarity with compliance and regulatory standards affecting financial messaging.
• Exposure to integration platforms such as IBM IIB and MQ.
• Experience with Agile project management tools (e.g., JIRA, Confluence).




#LI-MC1

Skills:

  • Business Analysis
  • Business Process Analysis
  • Business Process Modelling
  • Confluence
  • Data Analysis
  • Data Mapping
  • Financial Services
  • Requirements Analysis
  • Solution Analysis
  • Systems Analysis
  • XML

What you can expect from us:

Together, as owners, let’s turn meaningful insights into action.

Life at CGI is rooted in ownership, teamwork, respect and belonging. Here, you’ll reach your full potential because…

You are invited to be an owner from day 1 as we work together to bring our Dream to life. That’s why we call ourselves CGI Partners rather than employees. We benefit from our collective success and actively shape our company’s strategy and direction.

Your work creates value. You’ll develop innovative solutions and build relationships with teammates and clients while accessing global capabilities to scale your ideas, embrace new opportunities, and benefit from expansive industry and technology expertise.

You’ll shape your career by joining a company built to grow and last. You’ll be supported by leaders who care about your health and well-being and provide you with opportunities to deepen your skills and broaden your horizons.

At CGI, we recognize the richness that diversity brings. We strive to create a work culture where all belong and collaborate with clients in building more inclusive communities. As an equal-opportunity employer, we want to empower all our members to succeed and grow. If you require an accommodation at any point during the recruitment process, please let us know. We will be happy to assist.

Come join our team—one of the largest IT and business consulting services firms in the world.