Talent.com
0000050007 Royal Bank of Canada
Business Analyst0000050007 Royal Bank of Canada • TORONTO, Ontario, Canada
Business Analyst

Business Analyst

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

Job Description

What is the opportunity?Global Functions Technology (GFT) is part of RBC’s Technology and Operations division. GFT’s impact is far-reaching as we collaborate with partners from across the company to deliver innovative and transformative IT solutions. Our clients represent Risk, Finance, HR, CAO, Audit, Legal, Compliance, Financial Crime, Capital Markets, Personal and Commercial Banking and Wealth Management. We also lead the development of digital tools and platforms to enhance collaboration.
The opportunity available is working as a Senior Business Analyst within the RISE team on a multi-year Insurance transformation program, to enhance IFRS17 accounting results and improve the financial close process. RISE is the strategic SubLedger and Calculation Engine for RBC’s Insurance Business built on the Aptitude vendor products: Accounting Hub and Insurance Calculation Engine. RISE sources data from the Enterprise Data Lake (Finance & Insurance) and other golden source reference data applications and performs calculations to align with IFRS17 standards, providing accounting and subledger functions, including allocations, to support our business users with their monthly financial reporting, business review, and performance analysis. The Senior Business Analyst will be focused on analysis and delivery of insurance calculation, accounting rule, and subledger functional changes and updates and will contribute to enhancements and evolution of design. The selected candidate will work closely with clients in the Actuarial, Insurance Finance and Insurance IT teams to document business rules/mappings and define solutions that enhance RISE while minimizing impact and risk on existing application functionality.What will you do?
  • Elicit, analyze and document business requirements, business rules and data sources.

  • Pro-actively communicate and collaborate with Insurance Finance and Actuarial teams to analyze functional requirements and deliver the appropriate documentation and explanations as needed.

  • Act as the first line of contact to interface with Finance and Actuarial business users on your specific changes and enhancements.

  • Work with project managers, developers, quality engineers and other business analysts, to ensure that projects are delivered on time and within budget.

  • Ensure that testing, configuration/release management, deployment, and post implementation verification are completed in desired timelines.

Must-have:
  • Bachelor’s degree in Finance, Accounting, Economics, Computer Science or equivalent.

  • At least 5 years of experience in Financial Services with a focus on business transformation, system implementation, integration projects and cross-functional collaboration

  • Strong Business Analysis skills - elicitation, synthesis, evaluation and communication of results.

  • Strong understanding of Data Models, Experience data analysis and experience in Database systems like SQL, Excel, other analytical tools.

  • Hands-on experience with finance systems, such as product subledgers or enterprise resource planning (ERP) systems

  • Knowledge of financial data flows, reporting, and reconciliation processes.

  • Familiarity with Agile Methodology and Agile terminology and tools such as JIRA

  • Strong communication skills – the ability to write clearly; know your audience; one on one verbal communications; the ability to give presentations and run a meeting is critical.

  • Experience using business analysis and requirements modeling tools, such as data flow diagrams, relationship data models and business process modelling.

  • Ability to understand the business requirements and translate it to technical requirements

  • Excellent interpersonal/communication skills and leadership abilities to lead integrated teams in project activities.

Nice to have:
  • Knowledge of Insurance line of business or actuarial concepts.

  • Previous experience in another Insurance company; risk or quantitative background.

  • Familiarity with IFRS17 standard.

  • Experience with Aptitude Insurance Calculation Engine and/or Aptitude Accounting Hub.

  • AI/Data analytics knowledge, including exposure to machine learning, automation or advanced analytics applications.

  • Hands on experience supporting P&L process, valuation controls, and financial reporting.

  • Demonstrate integrity and a constructive approach to challenges

  • Lead, coach and mentor others while providing constructive feedback

  • Familiar with scripting languages such as Python

What’s in it for you?We thrive on the challenge to be our best, encourage progressive thinking to keep growing, and believe in working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, about reaching our potential, about making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.

  • Leaders who support your development through coaching and opportunities to grow

  • Ability to make a difference and have a lasting impact

  • A world-class training program in financial services

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

  • Opportunities to do challenging work

  • Opportunities to take on progressively greater accountabilities

  • Flexible work/life balance options

#LI-POST#TECHPJJob SkillsAgile Methodology, Business Analysis, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Insurance Accounting, Insurance Finance and Actuarial Concepts, Interpersonal Relationship Management, IT Business Analysis, IT Requirements, Requirements Analysis, Software Requirements, Software Requirements AnalysisAdditional 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:

2026-05-14

Application Deadline:

2026-07-18Note: 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

Business Analyst • TORONTO, Ontario, Canada

Similar jobs

Business Analyst - Aaron Consulting Inc.

Aaron Consulting Inc.toronto, on, ca
Full-time

Collaborate with stakeholders to gather and analyze.Bridge the gap between business and engineering by.Support solution design discussions, including.APIs, integrations, and system workflows.Valida... Show more

 • Promoted

Business Analyst

Hyundai Mobis (Mobis Parts Canada)Markham, ON, CA
Full-time

MOBIS Parts Canada ("MPCA") is a technological leader in the automotive industry focusing on the distribution of parts for Hyundai Motor Company and Kia Motors.Through collaboration, ingenuity and ... Show more

 • Promoted

Business Analyst, Investly

Fidelity CanadaToronto, ON, CA
Full-time

Current work authorization for Canada is required for all openings.Current work authorization for Canada is required for all openings.You will be working on a flexible hybrid schedule as part of Fi... Show more

 • Promoted • New!

Business Analyst

Open Systems TechnologiesToronto, ON, Canada
Full-time

Location:<br/><br/>Toronto – 3 days onsite/2 days remote (subject to HM’s discretion)<br/><br/>Must Haves<br/><br/>5+ years of experience in business analysis in... Show more

 • Promoted • New!

Business Analyst

ZaelabToronto, ON, CA
Full-time

As a Business Analyst you will be aligning the program's strategic vision and business outcomes with the delivered results.You will lead group workshops to identify strategic drivers and develop us... Show more

 • Promoted

Intermediate Business Analyst

Randstad CanadaToronto, ON, CA
Temporary

Do you have minimum 7 years of experience in business process analysis, solution adoption, and change management? Do you have demonstrated ability to manage multiple projects and deliver results un... Show more

 • Promoted

Business Analyst - Intermediate 26-10657

Russell TobinToronto, ON, CA
Full-time

Russell Tobin & Associates is hiring on behalf of one of its esteemed clients.Business Analyst - Intermediate.BRD, FRD, NFRs, user stories, and acceptance criteria across complex enterprise environ... Show more

 • Promoted

Business Analyst, Anaplan

QuadReal Property Group, LPToronto, ON, Canada
Full-time

About QuadReal Property Group<br/><br/>QuadReal Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia, managi... Show more

 • Promoted • New!

Business Analyst

Creative CircleToronto, ON, Canada
Full-time

Our consulting client is looking for a Business Analyst to join their team.This will be for 6+ months, fulltime hours per week, remote, and starting in September.Rate range is $85-90 per hour, cad/... Show more

 • Promoted

Business Analyst

ThoughtStormToronto, ON, Canada
Full-time

Hands-on experience working with FHIR standards, including resource modeling and FHIR APIs.Experience with Agile project methodology leveraging Azure DevOps.Experience transposing data requirements... Show more

 • Promoted

Agile Business Analyst (BA)

Onico SolutionsRichmond Hill, York Region, CA
Full-time

As the Senior Agile Business Analyst (BA) you will serve as the facilitator between the Business and IT in truly understanding the business’s needs and playing a key role in the overall management ... Show more

 • Promoted

Business Analyst, Anaplan

QuadReal Property GroupToronto, ON, CA
Full-time

Business Analyst, Anaplan page is loaded## Business Analyst, Anaplanlocations: Torontotime type: Full timeposted on: Posted Yesterdayjob requisition id: R0006597**About QuadReal Property Gr... Show more

 • Promoted

Business Analyst I

TD BankToronto, ON, CA
Full-time

Nous utilisons des témoins pour fournir et améliorer nos services de sorte à vous offrir une expérience plus personnalisée, et les services de suivi sont désactivés.Pour en savoir plus sur les témo... Show more

 • Promoted

Business Analyst (Fixed Term)

Aligned Capital Partners Inc.toronto, on, ca
Temporary

ACPI) is a fast-growing investment dealer with a dynamic team looking to expand our business.Our corporate culture encourages teamwork, service excellence, creativity, and initiative.In this role, ... Show more

 • Promoted • New!

Innovative Business Analyst for Requirements Gathering and Documentation

Visa BoardsToronto, ON, CA
Full-time

Shape business solutions as a Business Analyst specializing in requirements gathering and documentation.Collaborate effectively to support system implementations in a well-rounded environment.In th... Show more

 • Promoted

Business Analyst - ThoughtStorm

ThoughtStormtoronto, on, ca
Full-time

Hands-on experience working with FHIR standards, including resource modeling and FHIR APIs.Experience with Agile project methodology leveraging Azure DevOps.Experience transposing data requirements... Show more

 • Promoted

Business Analyst

Aaron Consulting Inc.Greater Toronto Area, Canada, Canada
Full-time

Collaborate with stakeholders to gather and analyze.Bridge the gap between business and engineering by.Support solution design discussions, including.APIs, integrations, and system workflows.Valida... Show more

 • Promoted

Business Analyst

CollaberaToronto, ON, CA
Full-time

Established in 1991, Collabera is one of the fastest growing end-to-end information technology services and solutions companies globally.As a half a billion dollar IT company, Collabera's client‑ce... Show more

 • Promoted

Business Analyst - toronto

RJC Grouptoronto, on, ca
Full-time

RJC Group are looking for a Junior-Mid level Business Analyst to join our client's commodity business in Toronto.Be part of a lean, high-impact commodities team driving transformation in a leading ... Show more

 • Promoted

Business Analyst - fintex

fintexrichmond hill, on, ca
Full-time

Our founding team has built and shipped digital products at Canada's leading financial institutions—and now we're doing it faster, bolder, and entirely on our own terms.We're growing quickly and lo... Show more