As a Senior Specialist Business Analyst reporting to Product Manager (Broker Dealer), you’ll play a critical role in translating complex regulatory requirements into clear functional specifications, shaping product improvements, and supporting clients with domain expertise. The role requires strong analytical depth, hands-on involvement, and the ability to work closely with cross-functional teams.

You’ll thrive in this position if you’re collaborative, data-driven and able to visualise the big picture, have a global attitude, and bring a passion for Capital and functional know how of technology to a fast-paced, high-impact environment.

Key Responsibilities

• Analyze global broker‑dealer regulatory changes, interpret regulatory texts, and translate them into structured functional requirements.
• Create high‑quality functional specifications, including data models, field‑level definitions, reporting logic, validations, and exception handling.
• Collaborate closely with Development and QA teams to ensure accurate implementation and support QA in defining test scenarios and validating delivered functionality.
• Identify gaps, ambiguities, and edge cases in regulations, proposing clear and practical solutions.
• Act as a subject matter expert in regulatory reporting, participate in backlog/sprint activities, and support client queries and issue resolution with a structured, solution‑oriented approach.

Required Qualifications

• Bachelor’s/Master’s degree in Finance or a related field, or equivalent practical experience.
• Previous experience in a RegTech environment or financial services technology.
• Strong understanding of broker‑dealer regulatory reporting frameworks.
• Excellent analytical and problem‑solving skills with the ability to break down complex regulatory concepts into structured logic.
• Clear and effective communicator with experience working in collaborative, matrixed teams.

Preferred Qualifications

• Advanced degree or professional certification (e.g., MBA, CFA). Experience in capital markets, FinTech, or other highly regulated industries.
• Comfortable collaborating with global teams and navigating cross‑border cultural nuances.

This position will be located in Toronto and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

What We Offer

We’re proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq’s overall success.