Job Information
- Department Name Banking
- Date Opened 09/07/2026
- Industry IT Services
- Job Type Full time
- Work Experience 5+ years
- Required Skills
- regulatory reporting
- functional
- +5
- City Toronto
- State/Province Ontario
- Country Canada
- Zip/Postal Code M4C
About Us
Kumaran Systems: Engineering Future-Ready Transformations Since 1992, Kumaran Systems has been helping enterprises bridge the past and the future, reimagining legacy systems and embracing AI-led possibilities. With over 34 years of delivery excellence, we specialise in re-engineering core applications, driving cloud transformation, and building automation-first, GenAI-enabled ecosystems across the Banking and Financial Services, Insurance, Telecom, and Automotive sectors. We help organisations not just upgrade their systems but reimagine what’s possible.
Why Kumaran?
We blend engineering discipline with AI innovation, helping clients modernise with confidence, automate with clarity, and scale with purpose. Our global delivery model ensures agility, responsiveness, and seamless collaboration, with clients always at the heart of every engagement. At Kumaran, we don’t just solve problems, we engineer future-ready transformations.
Job Description
Position Summary
The Senior Business Systems Analyst leads complex analysis activities for the Credit Risk and ECL rewrite program and acts as a key liaison between business, risk, finance, data, and technology teams. The role is responsible for driving requirements definition, process and data analysis, stakeholder alignment, and delivery support for strategic target-state capabilities.
Key Responsibilities
Lead requirements workshops and stakeholder discussions across Risk, Finance, Technology, Data, and Regulatory Reporting.
Elicit, analyse, document, and validate business, functional, non-functional, data, control, and reporting requirements
Own complex requirement streams related to:
portfolio segmentation
staging methodology
PD, LGD, and EAD requirements
scenario-based forecasting and overlays
provisioning, impairment reporting, controls, and reconciliation
Define and document current-state and target-state processes, business rules, and data requirements
Lead traceability, impact assessment, solution clarification, and scope management.
Support design reviews, testing strategy, UAT, implementation readiness, and defect resolution
Prepare materials for governance forums and proactively escalate risks, issues, and dependencies
Strong experience in banking transformation, Credit Risk, ECL, IFRS 9, provisioning, or impairment initiatives
Demonstrated experience delivering on system rewrite, modernization, or large transformation programs
Strong understanding of end-to-end requirements lifecycle and SDLC delivery
Kumaran Systems is an Equal Opportunity Employer and does not discriminate on the basis of race or ethnicity, religion, sex, national origin, age, veteran disability or genetic information or any other reason prohibited by law in employment.