Talent.com
0000050007 Royal Bank of Canada
Senior Business Analyst, Commercial Banking0000050007 Royal Bank of Canada • TORONTO, Ontario, Canada
No longer accepting applications
Senior Business Analyst, Commercial Banking

Senior Business Analyst, Commercial Banking

0000050007 Royal Bank of Canada • TORONTO, Ontario, Canada
30+ days ago
Job type
  • Full-time
Job description

Job Description

What is the opportunity?As a Senior Business Analyst in the newly created Commercial Banking Project Management Office (PMO), you will play a critical role in shaping business solutions and driving project success. You will consolidate and analyze data, elicit and document business requirements, and collaborate with stakeholders to develop high-quality, innovative solutions that address business challenges. By leveraging industry best practices and RBC's frameworks, you will ensure alignment with business objectives while championing continuous improvement and stakeholder engagement. This is a hybrid role with 3 to 4 days in the office.What will you do?Key Responsibilities:
  • Requirements Management: Manage requirements planning, elicitation, documentation, and validation processes, ensuring traceability and alignment with business objectives

  • Business Process Modelling: Collaborate with stakeholders to create or modify business process maps following RBC standards. Identify opportunities or gaps and make recommendations for improvement

  • Business Analysis: Gather, consolidate, and analyze relevant data from various sources to provide meaningful insights that support business decisions and project direction.

  • Business Agility: Align with the product owner and participate in Agile routines, supporting backlog management, user story writing, sizing, and prioritization

  • Stakeholder & Relationship Management: Identify and prioritize stakeholder requirements, ensuring effective onboarding and communication of project direction. Build trust through reliability and transparency, facilitating negotiations and managing conflict resolution

  • Business Analysis Acumen, Tools & Processes: Utilize and promote the adoption of key enterprise tools and technology such as Jira, Confluence, and Mural. Apply RBC Enterprise Business Analysis policy, standards, frameworks, and artifacts

  • Quality Assurance: Collaboratively build robust test plans and artifacts for User Acceptance Testing (UAT) and Post Implementation Verification (PIV)

  • Process Improvement & Innovation: Identify inefficiencies, bottlenecks, and gaps in business processes, leveraging methodologies like Lean, Six Sigma, and Design Thinking to drive improvements

What do you need to succeed? Must have:
  • 5 to 7 years of proven work experience as a business analyst or in a similar role working on projects utilizing methodologies and principles within business functions in banking, financial services.

  • Exceptional business acumen and prior experience with transformation and change management projects.

  • Expertise in analyzing business problems, proposing data-driven solutions, and presenting insights in a structured, compelling manner.

  • Strong stakeholder and relationship management skills. Exceptional experiences leading diverse stakeholders through requirements gathering, elicitation techniques, and documentation.

  • Proficiency in business process modeling, requirements documentation, and user story mapping.

  • Excellent communication and facilitation skills.

  • Agile delivery experience, including supporting Agile routines, product backlog grooming, sprint planning, and writing effective user stories with clear acceptance criteria.

  • Experience supporting quality assurance through User Acceptance Testing (UAT) and Post Implementation Verification (PIV).

  • Proficiency with business analysis tools (e.g., Jira, Confluence, SharePoint, Tableau, Mural) to enhance collaboration and documentation.

Nice to have:
  • Work experience in commercial banking

  • Degree or Diploma in Business Analysis or a related field

  • Certified Business Analysis Professional (CBAP) or Professional in Business Analysis (PMI – PBA) Certification

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.
  • Ability to make a difference and lasting impact

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Opportunities to do challenging work

#LI-POSTJob SkillsAgile Methodology, Business Acumen, Business Analysis, Change Management, Commercial Banking, Intake Interviews, Process Mapping, Project Delivery, Project Management, Requirements Gathering, Scope Control, Stakeholder Engagement, Waterfall DeliveryAdditional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-04-15

Application Deadline:

2026-06-20Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Create a job alert for this search

Senior Business Analyst, Commercial Banking • TORONTO, Ontario, Canada

Similar jobs

Senior Business Analyst - C$85,000 - C$110,000 A Year

SimCorpToronto, Canada
Full-time

The Senior Business Analyst will lead data analytics and reporting, support P&L management, and create business reports for a FinTech company. Show more

 • Promoted

Senior Business Analyst, Payments & Gateway

VirtusaToronto, ON, CA
Full-time

A leading IT consulting firm in Toronto is looking for a Business Analyst to join their team.The ideal candidate will have at least 7 years of experience in the Payments domain and strong skills in... Show more

 • Promoted

Senior Business Analyst, Capital Markets & Strategy

TMX GroupToronto, ON, CA
Full-time

A leading financial services organization in Toronto is hiring a Senior Business Analyst to drive business documentation and lead cross-functional collaboration.The role requires over 7 years of re... Show more

 • Promoted

Senior Business Analyst, Onestream - $80,000 - $100,000 A Year

Four SeasonsToronto, Canada
Full-time

Seeking a Senior Business Analyst to optimize and enhance the OneStream EPM platform, focusing on requirement analysis, solution design, project management, and stakeholder training. Show more

 • Promoted

Senior Business Analyst

Randstad CanadaToronto, Ontario, Canada
Temporary

Do you have proven experience in both agile and waterfall project management methodologies? Do you have proven experience in conducting business and system analysis in respect to building data mart... Show more

 • Promoted

Senior Business Analyst

Canadian TireToronto, ON, CA
Full-time

Reporting to Manager, Business Systems Analyst, the Senior Business Analyst is responsible for providing business analysis services within an Agile framework.They work closely with the product owne... Show more

 • Promoted

Analyste d’affaires senior/Senior Business Analyst

IQVIAToronto, Ontario, Canada
Part-time

Fournit une expertise et un support des systèmes pour le développement et l’amélioration des systèmes d’entreprise afin de proposer aux clients de nouveaux produits ou des produits améliorés, ou po... Show more

 • Promoted

Contract Senior Business Analyst Role

Source CodeToronto, Ontario, Canada
Full-time

Make an impact as a Contract Senior Business Analyst in a comprehensive onsite role at 222 Jarvis St.You’ll utilize your expertise in requirements gathering and incident response management.This po... Show more

 • Promoted

Senior Business Analyst - C$61,600 - C$83,000 A Year

AccertaClaim ServicorpToronto, Canada
Full-time

Seeking a Senior Business Analyst to engage stakeholders, document needs, and ensure IT alignment with business strategies.Responsibilities include testing, communication, and supporting project im... Show more

 • Promoted

Senior Business Analyst

Picton MahoneyToronto, Ontario, Canada
Full-time

The Opportunity Picton Investments is seeking a seasoned Senior Business Analyst to bridge business needs with technology solutions across our investment management platform.In this role, you will ... Show more

 • Promoted

Senior Business Analyst

OnXToronto, Ontario, Canada
Temporary

OnX Canada is working with a major bank seeking a Senior Business Analyst to join their Capital Markets division for an initial 6‑month contract.The main focus of the role will be to deliver a glob... Show more

 • Promoted

Senior Banking Business Analyst – Hybrid Toronto

Iris Software Inc.Toronto, ON, CA
Temporary

A leading technology services provider in Toronto is seeking a Business Analyst with strong banking experience for a hybrid role.The ideal candidate will possess over 7 years of relevant experience... Show more

 • Promoted

Senior Commercial Analyst

Meridian-Credit-UnionToronto, ON, CA
Full-time

At Meridian, our aspiration is to integrate our purpose into everything we do for people, the planet, and communities.We believe that our greatest opportunity is to create opportunity and meet peop... Show more

 • Promoted

Senior Actuarial Analyst - Commercial

Zurich 56 Company LtdToronto, ON, CA
Full-time

Senior Actuarial Analyst - Commercial.Zurich Canada Technical Underwriting is looking for a Senior Actuarial Analyst to join our growing Commercial Business unit.Reporting to VP & Actuarial Directo... Show more

 • Promoted

Senior Business Analyst - C$75,000 - C$125,000 A Year

OnX CanadaToronto, Canada
Full-time

Senior Business Analyst needed to enhance PRC records, risk tagging, and operating model for a Capital Markets project. Show more

 • Promoted

Senior Business Analyst - C$73,725 - C$122,875 A Year

ManuvieToronto, Canada
Full-time

Business Analyst to translate business needs into requirements, document processes, and support product optimization in a digital transformation environment. Show more

 • Promoted

Senior Business Analyst - Innovation Centre Of Excellence - C$68,000 - C$126,000 A Year

DeloitteToronto, Canada
Full-time

The Senior Business Analyst will support innovation initiatives using emerging technologies and design solutions to improve efficiency and user experience. Show more

 • Promoted

Senior Business Analyst- Capital Markets

TekStaff IT SolutionsToronto, Ontario, Canada
Temporary

This is an approximate 9 month contract located in Toronto/ON, Hybrid(2 days a week in office).Capital Markets Requirements gathering and Documentation - Collaborate with stakeholders to gather, do... Show more

 • Promoted

Senior Capital Markets Business Analyst – Hybrid (Toronto)

TekStaff IT SolutionsToronto, Ontario, Canada
Full-time

A leading IT solutions provider is looking for a professional in Toronto for a 9-month hybrid contract.This role requires over 7 years of experience in Capital Markets, strong skills in requirement... Show more

 • Promoted

Senior Technical Business Analyst, Capital Markets & OMS

GlobalLogicToronto, ON, CA
Full-time

A leading digital engineering firm based in Toronto seeks an experienced professional to enhance capital markets operations.The role involves collaborating to detail technical requirements, impleme... Show more