About Cognizant Consulting

Cognizant Consulting is more than Cognizant’s consulting practice—we’re a global community of over 5,000 experts dedicated to helping clients reimagine their business. By combining deep industry knowledge with technology advisory expertise, we deliver innovative business solutions for Fortune 500 organizations. And now, we’re looking for our next colleague to help shape the future of commercial lending transformation. Could it be you?

About the role

As a Business Analyst – Commercial Lending (ACBS), you will make an impact by supporting large‑scale lending transformation initiatives for financial services clients. You will be a valued member of Cognizant Consulting’s Banking & Financial Services practice, working collaboratively with business stakeholders, technology teams, and external vendors to deliver modernized loan servicing and commercial lending platforms.

In this role, you will

• Collaborate with business users to elicit, analyze, and document business, functional, and non‑functional requirements across commercial lending and loan servicing processes.
• Analyze current‑state systems and workflows, translating business needs into clear specifications, process flows, and use cases.
• Support ACBS‑related initiatives by documenting data structures, loan accounting features, configurations, and parameter settings.
• Assist with legacy‑to‑ACBS mapping activities, including data conversion, system integration, and validation efforts.
• Partner with cross‑functional teams to support UAT planning, test case validation, defect triaging, and successful delivery against project timelines.

What you need to be considered

• 5+ years of Business Analyst experience within banking or financial services, with a focus on commercial lending or loan servicing.
• Strong experience gathering and documenting requirements, including BRDs, FSDs, user stories, and acceptance criteria.
• Solid understanding of commercial lending processes, loan lifecycle management, and servicing operations.
• Experience working closely with technology teams to translate business requirements into system and integration specifications.
• Proven ability to manage stakeholders and facilitate requirement walkthroughs and review sessions.

What will help you stand out

• Hands‑on experience with ACBS, including data structures, loan accounting, and configuration validation.
• Exposure to legacy lending platforms (e.g., AFS) and system migration or modernization programs.
• Experience supporting UAT execution, defect management, and QA coordination.
• Familiarity with Agile delivery environments and tools such as JIRA and Confluence.
• Consulting experience working with large financial institutions.

Cognizant will only consider applicants for this position who are legally authorized to work in Canada without requiring employer sponsorship, now or at any time in the future.

Work model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring 3-4 days per week in a Cognizant office or client location in Toronto, Ontario. Regardless of your working arrangement, we are committed to supporting a healthy work‑life balance through our wellbeing programs.

The working arrangements for this role are accurate as of the date of posting and may change based on project or client needs.

Compensation

$81,000-$128,000

The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.

• Cognizant is a global community with more than 300,000 associates around the world.
• We don’t just dream of a better way – we make it happen.
• We take care of our people, clients, company, communities and climate by doing what’s right.
• We foster an innovative environment where you can build the career path that’s right for you.

About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2025) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com

Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.

Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.