Job Description Reporting to the Senior Manager, Business Analysis in Enterprise and Wholesale Credit Risk IT, this role requires a team player to assess, research, analyze and document business, data and system requirements, in order to recommend and implement system solutions that meet sponsor/stakeholder needs. This role will be focused on projects and initiatives related to the wholesale credit borrower risk rating application, Newton. As a Business Systems Analyst, this position will be responsible for business analysis activities on medium to large sized projects in a highly technical environment. Candidates must demonstrate advanced knowledge and ability, and can apply the competency in new or complex situations. You will be responsible for execution of all aspects of requirements delivery - planning, elicitation, analysis and documentation, management, and support. What will you do? Performing detailed analysis and providing inputs to solution design - identifying, tracking, escalating and/or resolving data and systems issues. In an Agile environment, analyzes Business requirements and creates documentation such as system requirements, data catalogues and user stories. Works collaboratively with partners and stakeholders in Group Risk Management and multiple IT teams (i.e. source and downstream systems) and business teams (i.e. Capital Markets, Canadian Banking, City National Bank). Contribute to data model and system architecture decisions Contributes to successful project completion within budget and on time by identifying risks and developing/recommending mitigation strategies. Adhere to enterprise standard requirements methodology in requirements planning, analysis and documentation. Completes detailed analysis and design phases identifying, tracking, escalating and/or resolving business systems issues. Research, analyze and document sponsor/stakeholder needs in accordance with Project Life Cycle and SDLC deliverables. Analyzes Business requirements and creates documentation such as system requirements, data catalogues and use cases according to RBC processes. What do you need to succeed? Must Haves: Strong analytical skill set - have the ability to transform business logic described in requirements to use cases and the ability to trace and analyze data back to its origination. Experience working with large sets of data and using tools such as MS Excel, SQL queries for data comparison and analysis. Strong knowledge of fundamental data concepts (for example, but not limited to groups, hierarchies, data structures). Excellent communication skills, both verbal and written, and ability to build rapport with team members, stakeholders, IT and business partners. Nice to Haves: Experience working on projects such as RDARR, Basel II or III, IFRS9 or other Credit Risk or Group Risk Management programs is an asset. Understanding of credit risk management concepts and practices. What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. The opportunity to work on projects that have genuine, measurable impact: automating manual processes, re-engineering workflows and making financial analysis and reporting faster and more reliable A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, and stock where applicable Leaders who support your development through coaching and managing opportunities. Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team A world-class training program in financial services #LI-HYBRID #LI-POST Job Skills Adapt Quickly, Always Learn, Agile Methodology, Business Analysis, Business Data Analysis, Business Process Modeling, Criteria Papers, Critical Thinking, Cross-Departmental Collaboration, Curiosity, Data Analysis, Decision Making, Emotional Intelligence, Group Problem Solving, Interpersonal Relationship Management, Negotiation, Oral Communications, Requirements Analysis, Risk Management, Software Process Improvement, SQL Database Queries, Technical Writing, Time Management, Written Communication Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: TECHNOLOGY AND OPERATIONS Job Type: Regular Pay Type: Salaried Posted Date: 2025-08-12 Application Deadline: 2025-09-12 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.? We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
