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Business Analyst

Job Description

Grade: P5 

Referral Level: Level 1

Division: IGM-Tech

 

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments. 

  

Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy is Mackenzie Investments, founded in 1967.  Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support.   

  

At Mackenzie Investments You Can Build Your Career with Confidence. 

 

We have a vision and a strategy that will challenge the way business in this industry is done and help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians.  We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive, while also providing resources to ensure physical and mental wellness were put front and centre. 

 

Join an unstoppable team that is embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable. 

 

Mackenzie Investments is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.  

 

The Role

Under the supervision of the Business Architecture Lead, the Business Analyst Jr. will work closely with business subject matter experts to fulfill its mandate and business needs. The individual will assist in providing input for functions in defining, designing, enhancing, and enabling business capabilities, processes, and platforms.

 

Core accountabilities:

  • Business Requirements / User Stories
  • Business impacts of product, system or regulatory changes
  • New business process flows
  • Business processes to identify opportunities for improvement or new products
  • Business implementation plans with all impacted business units

Key Activities:

  • Deliver consistent, quality and timely Requirements Management Plans, Business Requirement documents / User Stories and related process flow diagrams. 
  • Ensure that business problems, opportunities, requirements and recommendations are well documented and align with change and business objectives.
  • Apply a structured and consistent business analysis approach and methodology across all assigned business analysis initiatives. 
  • Analyze business processes to identify opportunities for improvement or new products (ex. efficiency and productivity gains, timeliness, and cost avoidance or reduction).
  • Support the identification, documentation and implementation of business requirements, plans, and related business process flows with impacted business units/partners.
  • Analyze and prepare business impact documentation, identify system or regulatory changes, and change management and training requirements.
  • Support the definition and design of interactions between processes, people, and systems.
  • Work with cross-functional teams on technical projects as assigned.
  • Participate in business design reviews, or by consolidating and documenting a consensus business view.

The successful candidate will demonstrate the following qualifications:

  • At least 3 years demonstrated working experience in business analysis or equivalent roles
  • Post-secondary education required
  • Excellent communication skills, both written and verbal
  • Strong organizational skills and interpersonal abilities
  • Ability to develop, maintain and manage business relationships
  • Strong team skills with the ability for sound decision making and judgement
  • Demonstrated analytical ability with a focus on detail and accuracy
  • Working knowledge of MS Office and VISIO
  • Previous Financial Services experience is required
  • Familiar with Agile and Waterfall Methodologies

Candidate Profile

  • Focus and Ambition: The successful candidate will not be afraid to challenge the status quo; they will exhibit a mindset of creativity, determination, and an energetic drive to succeed. They will have a proven track record of meeting goals and action plans as assigned, both as an individual and with a team.
  • Team Player: The successful candidate will ensure they provide consistent performance; they will be a team player that is sensitive to the team’s needs, interests and goals. They will contribute to inspiring and motivating the team toward high performance and goal achievement.
  • Integrity: They will adhere to the highest standards of personal and professional integrity and will set a positive example for others.
  • Cross-functional Collaboration: The successful candidate will have a proven track record of engaging and supporting business needs. They will work transparently and cooperatively with the cross-functional teams, supporting the engagement of all pertinent stakeholders, both internal and external.
  • Financial Services Business Acumen: Business background and sound experience in the financial services industry is an asset.
  • Business Architecture & Analysis Acumen: Business Architecture and Analysis experience is an asset.

Please visit our career page by clicking on the following link: https://www.mackenzieinvestments.com/en/careers 

 

We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.  

 

Mackenzie Investments is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.  

 

Please apply by April 28, 2025

 

#LI-JS2 

#LI-Hybrid 

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Analyst, Mackenzie Financial Corporation

Join Mackenzie Investments as a Business Analyst in the Greater Toronto Area, where you’ll become part of one of Canada's leading diversified wealth and asset management companies. At Mackenzie, we pride ourselves on being a holistic asset-management partner for advisors and their investors since 1967. As a Business Analyst, you will collaborate closely with business subject matter experts and the Business Architecture Lead to gather and document requirements, analyze business processes, and identify opportunities for improvement. Your insights will directly impact our business capabilities, processes, and platforms, driving positive change and efficiencies across the organization. We emphasize continuous learning and provide a supportive environment for you to grow your skills and make a difference in the lives of Canadians. With a focus on collaboration and innovation, you’ll contribute to projects that align with our vision for the future while embracing our commitment to diversity and inclusion. We're on the lookout for a proactive team player with excellent communication skills and a strong analytical mindset. If you're ready to take your career to the next level and thrive in a hybrid work setting, we invite you to explore this exciting opportunity at Mackenzie Investments.

Frequently Asked Questions (FAQs) for Business Analyst Role at Mackenzie Financial Corporation
What are the primary responsibilities of a Business Analyst at Mackenzie Investments?

As a Business Analyst at Mackenzie Investments, your main responsibilities include gathering and documenting business requirements, analyzing business processes, and identifying opportunities for improvement. You will work closely with subject matter experts to ensure that business challenges and objectives are well understood and documented, enabling effective change. You'll also support the implementation of business process flows and collaborate with cross-functional teams on various projects.

Join Rise to see the full answer
What qualifications are required for the Business Analyst position at Mackenzie Investments?

To be considered for the Business Analyst position at Mackenzie Investments, candidates should have at least 3 years of demonstrated experience in business analysis or similar roles. A post-secondary education is required, along with excellent communication skills, strong organizational abilities, and a solid understanding of business relationships. Familiarity with Agile and Waterfall methodologies, along with financial services experience, is also beneficial.

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How does Mackenzie Investments support the career development of its Business Analysts?

Mackenzie Investments is committed to employee growth and offers a supportive environment for continuous learning. As a Business Analyst, you’ll have the opportunity to develop valuable skills through ongoing feedback and engagement in various projects. We emphasize a culture of knowledge sharing and provide resources to help employees thrive both personally and professionally.

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What is the work environment like for a Business Analyst at Mackenzie Investments?

The work environment at Mackenzie Investments is hybrid and flexible, allowing for a balance between in-office collaboration and remote work. Our culture emphasizes teamwork, inclusivity, and innovation. As a Business Analyst, you will thrive in a supportive atmosphere that encourages creativity, problem-solving, and professional growth.

Join Rise to see the full answer
What skills are essential for success in the Business Analyst role at Mackenzie Investments?

Essential skills for a successful Business Analyst at Mackenzie Investments include strong analytical abilities, excellent communication and interpersonal skills, and a keen attention to detail. A proactive mindset and the ability to collaborate effectively with cross-functional teams are crucial, along with a solid understanding of business processes and financial services.

Join Rise to see the full answer
Common Interview Questions for Business Analyst
Can you describe your experience with gathering business requirements?

When answering this question, focus on your methods for gathering information, such as interviews, surveys, or workshops. Discuss specific examples where your efforts led to successful project outcomes at previous jobs, highlighting your ability to translate business needs into actionable requirements.

Join Rise to see the full answer
How do you prioritize competing project demands?

To effectively respond to this question, outline the strategies you use for prioritization, such as stakeholder input, impact assessment, or alignment with business objectives. Provide an example of a time you had to balance multiple projects and how you made decisions that benefited the organization.

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What techniques do you utilize for process analysis?

In your response, mention various process analysis techniques you’re familiar with, such as process mapping, root cause analysis, or value stream mapping. Highlight a case where you applied these techniques to identify inefficiencies and recommend improvements.

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How do you ensure effective communication with stakeholders?

Effective communication is key to your role as a Business Analyst. Describe your approach to keeping stakeholders informed, such as regular updates, scheduled meetings, and utilizing collaboration tools. Sharing an instance where your communication positively impacted a project will strengthen your answer.

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What experience do you have with Agile methodologies?

When discussing your experience with Agile methodologies, detail your involvement in Agile projects and processes, such as sprint planning or retrospectives. Highlight how Agile practices helped you respond to changing requirements and improve team collaboration.

Join Rise to see the full answer
Can you provide an example of a successful project you worked on?

In your answer, share a specific project that showcases your business analysis skills. Discuss your role, the challenges faced, and the outcomes achieved, showing how your contributions led to the success of the project.

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How do you handle changes in project scope?

Describe your approach to managing scope changes, emphasizing your ability to assess impacts, communicate changes to stakeholders, and adjust project plans accordingly. Providing an example where you successfully managed a scope change will give depth to your answer.

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What tools do you use for business analysis?

Mention the tools you regularly use, such as MS Office, VISIO, or project management software. Explain how these tools help you in your analysis and documentation processes, along with any specific advantages they provided in your past work.

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How do you measure the success of a business initiative?

Discuss your strategies for evaluating the success of business initiatives, such as setting clear KPIs, collecting feedback, and analyzing performance data. Providing a past example where you successfully measured outcomes will support your answer.

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What do you think is the most important quality for a Business Analyst?

In your response, highlight qualities such as analytical thinking, communication skills, and a keen understanding of business processes. Explain why you believe these qualities are essential, and relate them back to how they contribute to successful outcomes in business analysis.

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DATE POSTED
April 14, 2025

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