Posted 7 months ago
IT Business Analyst - Intermediate
@ Procom
Toronto, Ontario
Overview
Procom is hiring a contract IT Business Analyst at intermediate level for BMO's Collateral Management Group in Toronto, hybrid with 1-2 office days per week. The role drives automation, digitization and AI-enabled optimization of collateral processes, requiring stakeholder management, change leadership and regulatory compliance. Candidates need 3-5 years of relevant experience in a financial institution and knowledge of OTC derivatives and REPO structures.
Pay:
$36–$45 an hour
Responsibilities:
- Advise the group and recommend solutions based on analysis
- Lead change management and stakeholder engagement
- Re-engineer collateral processes for automation
- Ensure accurate, timely transaction processing within risk controls
Requirements summary:
- 3-5 years of relevant experience in a financial institution
- Knowledge of OTC derivatives and counterparty credit risk
- Understanding of REPO structures
- Experience with margin calls (asset)
- Experience with MS Copilot, Power Automate or Power BI (asset)
Tools & skills
Source and dates
Employer career site / ATS feed · careerpage
- Employer posting date
- 2026-04-08
- First seen by our source
- 2026-10-11
- Source record updated
- 2026-10-18
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Mid level |
| Department | Business operations |
| Experience | 3+ years |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Education | Bachelor’s degree (preferred) |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Procom
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
Procom is one of North America’s leading staffing and contract workforce services providers. Successfully meeting the needs of Fortune 500 clients since 1978, we have 18 offices across North America, with over 12,500 skilled professionals currently on assignment. We are an award winning staffing firm. Discover more about our Best of Staffing award and what real clients and job seekers have to say about working with Procom by checking out our client and talent ratings on ClearlyRated. Procom has long been recognized as a market-leading source of high-performing services and solutions that transform how our clients acquire and manage the very best talent. Relying on the excellence of individuals to make a difference, we know that people matter. And we want to work with you. CNESST License: AP-2504746, AR-2504747, AP-2000583, AR-2000584
- LinkedIn followers
- 195,312
- People associated on LinkedIn
- 1,304
- Reported office locations
- 30 St Clair Ave W, Toronto, Ontario M4V 3A1, CA
- 320 March Rd, 200, Ottawa, Ontario K2K 2E3, CA
- 333 7 Ave SW, Suite 2100, Calgary, Alberta T2P 2Z1, CA
- 10025 - 102A Avenue, Suite 1800, Edmonton, Alberta T5J 2Z2 , CA
- 1021 W Hastings St, Suite 1100, Vancouver, British Columbia V6E 0C3, CA
- 1280 Boulevard Lebourgneuf, 300, Québec, Quebec G2K 0H1, CA
- 1130 Situs Court, Suite 216, Raleigh, North Carolina 27606 , US
- Other recorded names
- Procom
- Specialties
- Hybrid Statement of Work and Contractor Management Technology
- Profile identifies a recruitment agency
- Yes
Procom is one of North America’s leading staffing and contract workforce services providers. Successfully meeting the needs of Fortune 500 clients since 1978, we have 18 offices across North America, with over 12,500 skilled professionals currently on assignment. We are an award winning staffing firm. Discover more about our Best of Staffing award and what real clients and job seekers have to say about working with…
| Field | Value |
|---|---|
| Industry | IT Services and IT Consulting |
| Company size | 201-500 employees |
| Headquarters | Toronto, Ontario |
| Organization type | Privately Held |
| Specialties | Hybrid Statement of Work and Contractor Management Technology |
| Open jobs on Jobsy | 236 |
| View page |
BMO is currently sourcing for a Business Analyst - Intermediate to support the Collateral Management Group. This is a hybrid contract role in Toronto (1-2 days in office per week).Role Overview:The Business Analyst will deliver and improve operational processes related to collateral management, focusing on automation, digitization, and AI-enabled process optimization. The role requires analyzing business needs, interacting with stakeholders, and implementing solutions to enhance efficiency and regulatory compliance.Key Responsibilities:- Act as a trusted advisor to the assigned business/group and recommend solutions based on analysis.- Identify emerging issues and trends to inform decision-making and help prioritize business/group strategy execution.- Develop and manage business/group programs, ensuring effectiveness and responding to industry trends.- Lead change management activities, including planning, stakeholder management, and execution.- Facilitate communication with internal and external stakeholders to meet business objectives.- Analyze issues and problems, resolving or escalating them in a timely manner.- Ensure accurate and timely processing of transactions while adhering to regulatory and risk controls.Must-Have Skills:- 3-5 years of relevant experience and a post-secondary degree in a financial institution or equivalent education and experience.- Knowledge and experience in finance and accounting, counterparty credit risk, and OTC derivatives products.- Understanding of REPO structures and ability to re-engineer processes for automation.Nice to Have Skills:- Experience with margin calls and digital AI tools (e.g., MS Copilot).- Knowledge of risk and regulatory requirements, including AI governance.- Familiarity with workflow automation tools (e.g., MS Power Automate) and data reporting platforms (e.g., MS Power BI).Ideal Candidate:- Demonstrated ability to prioritize and execute in a high-demand, transformational environment.- Strong customer service orientation and effective communication skills, with the capacity to explain complex concepts to non-technical stakeholders.- Proficiency in data-driven decision-making and identifying business use cases for automation.
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