Business System Analyst with VAM & LMS

Position: Business System Analyst with VAM & LMS

Location: Toronto, ON (Hybrid)

Employment Type: Full-Time

Total Experience: 8-10 years

Position Overview:

• We are seeking an experienced LMS / VAM Specialist to drive the delivery, implementation, and optimization of our Liquidity Management Systems (LMS) and Virtual Account Management (VAM) corporate platforms.

In this role, you will bridge the gap between corporate treasury client requirements and our underlying transaction banking core technology.

You will build scalable, next-generation liquidity sweeping, pooling, and virtual sub-ledgering solutions.

Key Responsibilities:

• Solution Design & Implementation : Lead the end-to-end deployment and configuration of VAM and LMS platforms for enterprise-level corporate clients.
• Cash & Liquidity Architecture : Design complex multi-entity, multi-currency, and cross-border sweeping, physical cash concentration, and notional pooling structures.
• Virtual Account Structure Setup : Help clients replace hundreds of physical demand deposit accounts (DDAs) with automated, hierarchical virtual sub-ledgers tied to a single master physical account.
• Reconciliation Automation: Configure virtual accounts to support automatic remitter identification, Payments on Behalf Of (POBO), and Collections on Behalf Of (COBO) to streamline client accounts receivable (AR) and accounts payable (AP).
• System Integration : Oversee system integrations via open APIs and SWIFT messaging (e.g., ISO 20022 formats like CAMT.053, MT940)