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Salary
≈ $56k – $105k per year (Estimated)
Location
Hybrid (Toronto, Canada)
Seniority
Senior · 5+ years exp
Employment
Full-Time

Confirmed on the employer's own hiring board on Oct 25, 2026. First seen by Alion on Jun 11, 2026. Canadian Derivatives Clearing Corporation scores A on the Alion truth index.

Overview
Company
Impact
Profile match
The Canadian Derivatives Clearing Corporation is the national central counterparty clearing house for exchange-traded derivatives and select over-the-counter financial instruments in Canada. Operating as a subsidiary of TMX Group, it provides essential risk management, clearing, and settlement services to safeguard financial market integrity. Headquartered in Montreal, Quebec, the organization plays a critical role in maintaining stability and liquidity across the Canadian capital markets.

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

The role is responsible for working with teams in the business areas that work with us and collecting and documenting detailed business requirements, translating them into functional specifications, and collaborating closely with technical and business teams to design and implement effective Workday solutions that meet those requirements. Being able to build and maintain positive relationships with a diverse group of stakeholders is key to support platform adoption and deliver on the technology roadmap. This position involves interaction at all levels within the organization, from business end users to high level management, meaning exceptional communication skills are a must for this role. Given the specialist nature of the applications, the stakeholders and subject matter expertise required, this role also requires a candidate who is comfortable working in high pressure environments.

Requirements, Design, and Implementation - Workday

  • Lead requirements gathering, analysis, and documentation for Workday enhancements across HR, Finance, Procurement, and Projects.

  • Conduct interviews and analysis sessions to understand current business processes and future needs.

  • Translate documented requirements and described business rules/processes into clear actionable functional specifications documents and configure Workday modules to meet those specifications, ensuring traceability from requirements to deliverables

  • Collaborate with technical teams on solution design, configuration, and integration development.

  • Act as the functional subject matter expert (SME) during the design, development, and implementation phases of new Workday capabilities.

  • Support the teams that perform design, configuration, and maintenance for Workday modules.

  • Help identify, assess, and solve complex business problems for integrating the Workday application with external systems.

  • Facilitate complex issue discussion meetings and resolve ambiguity.

  • Contribute to successful project completion by identifying risks and recommending mitigating strategies.

  • Collaborate with Enterprise Architecture, Legal, and Information Security teams to validate solutions from an architecture, data privacy, legal contract, and cybersecurity perspective.

  • Provide leadership in process improvement initiatives and enhance system and support documentation.

  • Leverage AI capabilities to support future business initiatives.

  • Collaborate with project managers and other team members to ensure projects are delivered on time and within budget.

  • Make recommendations on process improvements and system enhancements to optimize performance and efficiency

  • Lead and drive change management activities for Workday solutions implemented via this process

Testing, Quality Assurance, and Support

  • Develop detailed test scripts and coordinate User Acceptance Testing (UAT) sessions to ensure delivered solutions meet requirements and stakeholder expectations.

  • Manage and prioritize defects and enhancements identified during testing.

  • Develop and execute comprehensive change management plans for new solutions to ensure successful end-user adoption.

  • Create training materials and support documentation for end-users and administrators.

  • Act as an ambassador to promote and educate the enterprise on the new Workday functionality.

Skills and Experience:

Must Have(s)

  • Proven experience as a Business Analyst in a Workday environment.

  • Demonstrable functional knowledge and experience with a combination of Workday HCM, Financial Management, Procurement, and Projects. Minimum 5 years of experience performing requirements analysis with various functional areas of business and mapping requirements to HRIS and Finance ERP capabilities .Experience with leading joint analysis and design sessions to elicit outcome based use cases and user stories that deliver results. Ability to apply critical thinking to problems and identify alternative solutions with pros and cons and present to business and Technology stakeholders

  • Business Analysis experience with a demonstrated ability to gather and define requirements.

  • Ability to lead and work closely with teams outside of technology areas, such as Finance and HR.

  • Demonstrated experience with waterfall and Agile-based project methodologies.

  • Exceptional analytical, problem-solving, and critical thinking skills.

  • Strong ability to communicate complex concepts clearly to both technical and non-technical audiences.

  • University degree in technology related field or business.

Nice to Have(s)

  • AI Automation

  • MS Office/ Google Suite expertise

  • Testing Experience with usage of automated tools

Salary Range: 90K/year - 115K/year CAD. Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

The recruiting efforts for this role are intended to fill a vacant position.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impactspreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

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