The recruitment of individuals for the position of senior business analyst has been announced by Royal Bank of Canada. They are seeking the most qualified and deserving candidates for this position. They are obligated to supervise the analysis of numerous initiatives that affect the CGID application. Additionally, applicants are responsible for the planning and facilitation of requirement discussions, as well as the capture of data and business rules requirements. This position is currently accepting applications from qualified candidates.
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Details of Senior Business Analyst Jobs in Canada
- Employer Name: Royal Bank of Canada
- Position: Senior Business Analyst
- Salary: $90,954 per year
- Employment Type: Full-time
- Location: Halifax, Nova Scotia, Canada
Job Description
- Financial requirements must be translated, analyzed, and documented into business and functional specifications for the IT Development team by candidates who are interested in this position.
- Additionally, they are appointed to this position to identify pertinent upstream and downstream dependencies and to promptly follow up with stakeholders for input or sign-offs.
- Individuals who are interested in this position are encouraged to generate estimates for the effort required to complete analysis and requirements activities, such as the compilation of BRDs and the specification of functional interfaces.
- Candidates submitted applications for this position in order to contribute to the process reengineering and process improvement efforts associated with this position.
- Job applicants who apply for this position are expected to actively participate in the process of process reengineering and enhancement while employed at this position.
Job requirement
- In order to be considered for this position, candidates must possess a minimum of three years of experience as a Business Analyst in support of the delivery of Finance or Risk Reporting solutions.
- In order to qualify for this position, candidates must possess a minimum of two years of experience in a data analysis role.
- Candidates must possess exceptional data analysis and manipulation capabilities.
- They must be a self-starter who can deconstruct assignments and fulfill them with minimal assistance.
- In order to be considered for this position, applicants must possess exceptional written and verbal communication abilities for both technical and non-technical audiences.
- They must have advanced knowledge of MS Office tools, including Excel and Access, to be considered as an asset for this post.
- In order to be considered for this position, candidates must possess prior experience in the creation of SQL statements.
Benefits of Senior Business Analyst Jobs in Canada
- High Demand for Specialized Knowledge: Senior Business Analysts (SBAs) are in high demand in a variety of industries, such as finance, IT, healthcare, manufacturing, and government. Job security and numerous opportunities for career advancement are guaranteed by this demand.
- Salaries that are Competitive: Annual salaries for SBAs are typically in the range of $90,000 to $120,000+ CAD, contingent upon their industry, location, and level of experience. Bonuses, stock options, and profit-sharing are among the additional benefits that contribute to the total compensation.
- Possibilities for Leadership: The responsibilities of senior positions include the management of teams, the provision of advice to stakeholders, and the influence of strategic decisions. This experience improves your leadership abilities and equips you with the necessary skills to assume executive positions, including Business Consultant, Product Owner, or Director of Business Strategy.
- Prospects for Permanent Residency: According to Canada’s immigration programs, senior business analyst positions are frequently classified as skilled occupations. These programs include the Federal Skilled Worker Program (FSWP)’s Express Entry and the Provincial Nominee Programs (PNPs).
This simplifies the process of obtaining work permits and transitioning to permanent residency for SBAs. - Multicultural Work Environment: The inclusive and collaborative environment that Canada’s diverse workforce cultivates enables you to collaborate with professionals from a variety of cultural and professional backgrounds.
- Strategic and Collaborative Role: SBAs are instrumental in the development of business strategies, the enhancement of processes, and the promotion of innovation. The role enables you to make substantial contributions to the organization’s success.
- Professional Development and Networking: Senior positions necessitate collaboration with administrators, managers, and external stakeholders, which offers exceptional networking opportunities and exposure to high-level decision-making.
- Job Security: The function of SBAs is essential to the success of businesses, as they prioritize data-driven decision-making and operational efficiency, thereby ensuring long-term job stability.
- Participation in Critical Projects: SBAs frequently participate in high-impact projects, including digital transformation initiatives, mergers and acquisitions, or market expansions, which provide a sense of accomplishment and recognition.
- Possibilities for Employment in Major Cities: In significant Canadian cities such as Toronto, Vancouver, Montreal, Calgary, and Ottawa, senior business analyst positions are frequently available, each providing a distinctive lifestyle and opportunities.
- Positive Work Environment: Canada is renowned for its positive work environment, which prioritizes employee well-being, respect, and collaboration. This fosters an environment that is conducive to the success of professionals.
Work setting
- In order to be considered for this position, candidates must possess experience in credit risk analytics and risk reporting.
How to apply
We have provided a specific link below; applicants who wish to complete the application form for this position should simply click on the “apply now” button. They must ensure that the information they provide in the application form is accurate. Otherwise, the registration will be canceled.
Frequently Asked Questions:
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Is there a demand for business analysts in Canada?
Business analysts in F&A help businesses grow their market share by providing valuable information about the market and consumers. The demand for business analysts in F&A in Canada is rising, with some provinces having higher demand. For instance, Quebec, British Columbia, and Alberta have a higher demand than other provinces.
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Is it worth doing business analytics in Canada?
Studying business analytics in Canada is an excellent choice for students seeking a comprehensive understanding of the ever-evolving business landscape. Advance your career by learning about the opportunities to study business analytics in Canada at a top-ranked university. Join us to explore the opportunities.
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What is the average salary for a business analyst in Canada?
The average business analyst salary in Canada is $93,734 per year or $48.07 per hour. Entry-level positions start at $75,000 per year, while most experienced workers make up to $139,817 per year.
