The Global Functions Technology (GFT) division at RBC is seeking a results-driven Business Systems Analyst for the Anti-Money Laundering (AML) IT team. This role involves developing high-performing applications for investigations, case management, and regulatory submissions. The analyst will gather and document requirements, create process maps, and collaborate with various teams to deliver innovative IT solutions, ensuring compliance with international payment regulations.
Collaborate with business and technology teams to analyze and document requirements for payments modernization and cross-border money transfer initiatives.
Conduct gap analysis of current payment systems against project objectives and industry standards (e.g., ISO 20022).
Develop detailed business and technical requirement documents, use cases, and process flows.
Work closely with project managers, developers, and QA teams to ensure successful implementation of solutions.
Act as a liaison between stakeholders to gather feedback, resolve issues, and align priorities.
Ensure compliance with international payment regulations and industry best practices.
Support testing efforts by defining test cases, validating outcomes, and facilitating user acceptance testing (UAT).
Create and maintain project artifacts, including user stories, functional specifications, and workflow diagrams.
Manage project documentation (implementation plan, issues log, process maps, reports, FTE analysis, etc.) and resolve emerging issues at the implementation stage.
Contribute to successful project completion within budget and on time by identifying risks and developing/recommending mitigation strategies.
Develop strategic training plan associated with introduction of new/enhanced business processes.
Provide assistance with business user testing, when required.
Identify issues and escalate/manage resolution as required.
5+ years of experience with business systems analysis and software development.
Experience defining and documenting complex functional business logic.
Expertise in data mapping and creating data mapping specifications.
Familiarity with ETL processes and experience with Big Data and Terra Data platforms.
Expertise in gathering, analyzing, and documenting business rules for processing data.
Expertise in test planning, test case preparation, and testing of applications and data mapping.
Familiarity with SQL database and experience with scripting languages (SQL).
Strong experience working in Agile projects, using Jira, creating user stories, and overall knowledge of the Agile Framework (nice-to-have).
Knowledge of Anti Money Laundering and Financial Crime offenses (nice-to-have).
Knowledgeable on business process modeling, process mapping (nice-to-have).
Knowledge of IT delivery methodologies: Agile, Iterative Waterfall, and Waterfall (nice-to-have).
37.5 hours/week
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.
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