Full-Time

Workday Business Analyst

Updated on 9/3/2026

TMX Group

TMX Group

1,001-5,000 employees

Operates capital and commodity markets platforms

Compensation Overview

CA$90k - CA$100k/yr

Toronto, ON, Canada

Hybrid

Hybrid workstyle is stated.

Bachelor's

Category
IT Operations (1)
Required Skills
Microsoft Office
Agile
Workday HRIS
Cybersecurity
Human Resources Information System (HRIS)

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Requirements
  • Proven experience as a Business Analyst in a Workday environment.
  • Demonstrable functional knowledge and experience with a combination of Workday Human Capital Management, Financial Management, Procurement, and Projects.
  • A minimum of 5 years of experience performing requirements analysis across various business functional areas and mapping requirements to Human Resources Information System and Finance Enterprise Resource Planning capabilities.
  • Experience leading joint analysis and design sessions to elicit outcome-based use cases and user stories.
  • Ability to apply critical thinking to problems, identify alternative solutions with pros and cons, and present them to business and technology stakeholders.
  • Business analysis experience with the demonstrated ability to gather and define requirements.
  • Ability to lead and work closely with teams outside technology areas, including Finance and Human Resources.
  • Demonstrated experience with waterfall and Agile-based project methodologies.
  • Exceptional analytical, problem-solving, and critical-thinking skills.
  • Ability to communicate complex concepts clearly to technical and non-technical audiences.
  • A university degree in a technology-related field or business.
Responsibilities
  • Lead requirements gathering, analysis, and documentation for Workday enhancements across Human Resources, Finance, Procurement, and Projects.
  • Conduct interviews and analysis sessions to understand current business processes and future needs.
  • Translate documented requirements and business rules and processes into actionable functional specification 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 during the design, development, and implementation phases of new Workday capabilities.
  • Support teams performing design, configuration, and maintenance for Workday modules.
  • Identify, assess, and solve complex business problems involved in integrating Workday with external systems.
  • Facilitate complex issue discussion meetings and resolve ambiguity.
  • Identify project risks and recommend mitigating strategies.
  • Collaborate with Enterprise Architecture, Legal, and Information Security teams to validate solutions from architecture, data privacy, legal contract, and cybersecurity perspectives.
  • Provide leadership in process improvement initiatives and enhance system and support documentation.
  • Leverage artificial intelligence capabilities to support future business initiatives.
  • Collaborate with project managers and other team members to ensure projects are delivered on time and within budget.
  • Recommend process improvements and system enhancements to optimize performance and efficiency.
  • Lead and drive change management activities for Workday solutions.
  • Develop detailed test scripts and coordinate User Acceptance Testing sessions.
  • Manage and prioritize defects and enhancements identified during testing.
  • Develop and execute comprehensive change management plans for new solutions to support 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 new Workday functionality.
Desired Qualifications
  • Artificial intelligence automation.
  • Microsoft Office and Google Suite expertise.
  • Testing experience using automated tools.

TMX Group operates financial markets and related technology-driven services to support capital formation and trading. It runs multiple exchanges (TSX, TSX Venture, Montréal, TSX Alpha) and post-trade/data businesses like CDS, TMX Datalinx, TMX Insights, and Trayport. Its products include listing, trading, clearing, settlement, market data platforms, and trading software, along with real-time and historical market information. Its goal is to Make Markets Better and Empower Bold Ideas by helping companies raise capital, access liquidity, and prosper in diverse markets.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1852

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 16%, with eight straight quarters of double-digit growth.
  • First-half 2026 capital raised jumped 51%, and new listings climbed 44%.
  • MEMX-BOX and RAFI expand U.S. options and indexing revenue starting 2027.

What critics are saying

  • MEMX and BOX need SEC and HSR approvals; closing slips into 2027.
  • Debt-financed acquisitions lift leverage toward 3.4x; integration missteps threaten credit discipline.
  • If U.S. exchange expansion disappoints, TMX remains a Canada-centered utility with slower growth.

What makes TMX Group unique

  • TMX combines TSX, Montreal Exchange, Trayport, VettaFi, and exchange ownership stakes.
  • August 2026, TMX completed Cboe Australia and targeted Cboe Canada.
  • TMX controls Canadian listings, derivatives, data, and index products across one platform.

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Benefits

Unlimited Paid Time Off

Flexible Work Hours

Hybrid Work Options

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

8%

2 year growth

8%
Natural News
Sep 4th, 2026
Coinbase Launches Regulated Crypto Derivatives with 10 Times Leverage in Canada

Coinbase Launches regulated crypto derivatives with 10 times leverage in Canada. Coinbase, the largest cryptocurrency exchange in the U.S., has announced the launch of regulated crypto derivatives - including futures contracts with up to 10 times leverage - for eligible clients in Canada. The company said the new products are now available to both retail and institutional investors, marking an expansion of its international offerings beyond spot trading. According to the announcement, the derivatives are designed to meet Canadian regulatory standards and broaden the firm's presence in the country. The launch follows a period of significant regulatory change in the crypto sector, including a shift in the U.S. Securities and Exchange Commission's (SEC) approach to enforcement under the current administration [[1]]. The company's expansion into regulated derivatives comes as traditional financial institutions have also increased their crypto exposure, such as BlackRock's spot Bitcoin ETF application being formally accepted by the SEC [[2]]. Regulatory pathway and approval. Canadian securities regulators have established a framework for crypto trading platforms that requires registration and compliance with derivatives rules across provincial and territorial jurisdictions. Coinbase stated that it obtained the necessary approvals to offer these products in Canada, aligning with the requirements set by the country's regulatory bodies. This entry into the Canadian market follows a period of heightened oversight in the crypto industry, with regulators worldwide increasing scrutiny of digital asset exchanges [[3]]. The move comes as government regulation has been identified as a potential threat to cryptocurrency adoption, according to analysts who have warned that regulatory crackdowns could disrupt the sector [[4]]. Coinbase's compliance with Canadian rules represents an alternative path for exchanges that have faced pressure from authorities in other jurisdictions. Product details and trading features. The derivatives offering includes both perpetual and dated futures contracts, with leverage capped at 10 times the underlying asset value, consistent with Canadian regulatory limits. Trading is accessible through Coinbase's existing platform infrastructure, with settlement and risk management systems designed to operate under Canadian oversight. Officials at Coinbase said the products are intended to provide professional and retail traders with additional tools for managing exposure to digital assets, while adhering to local rules. The launch builds on the growing demand for derivatives products in the crypto space, following the invention of the perpetual futures contract by BitMEX in 2016, which was described by co-founder Ben Delo as an experiment to "get it out there" and let the market decide [[5]]. Market impact and competition. Coinbase's entry into Canadian crypto derivatives increases competition for established players in the region, including the TMX Group and other global exchanges that have offered similar products. Market analysts noted that the launch could attract institutional liquidity and broaden participation in Canada's digital asset markets. This move also comes as global exchanges seek regulatory clarity to expand their derivatives offerings. In the United States, the Commodity Futures Trading Commission (CFTC) has launched a pilot program to test the use of crypto as collateral in derivatives markets [[6]]. Kraken has also launched CFTC-regulated Bitcoin perpetual futures for U.S. traders, marking a significant step for the industry [[7]]. The expansion into Canada reflects the broader trend of crypto firms seeking legitimate pathways under regulatory oversight [[8]]. Considerations of leverage and risk. Derivatives with 10 times leverage amplify both potential gains and losses, a factor that regulators have consistently flagged in consumer warnings about digital asset trading. The volatility of cryptocurrencies has been well-documented, with Bitcoin experiencing significant single-day crashes that triggered over $1 billion in leveraged liquidations [[9]]. Similar flash crashes have wiped out hundreds of millions in market value across the sector in past years [[10]]. Coinbase stated that it has implemented mandatory risk disclosures and margin requirements to conform with Canadian guidelines. Some observers expressed caution about retail access to high-leverage products, though they acknowledged that regulatory oversight in the jurisdiction provides a layer of investor protection. The inherent risks of exchange-traded crypto products have also been noted by critics, who have compared Bitcoin to "digital roulette wheels" and cautioned that centralized platforms hold significant control over user funds [[11]] [[12]]. Outlook and further expansion. This launch marks another phase in Coinbase's North American growth, following recent moves in the United States and other provinces. According to sources close to the company, Coinbase may explore additional derivatives products in Canada pending market response and regulatory feedback. The company emphasized its commitment to operating within the established legal framework, positioning itself for long-term adoption. The broader crypto market continues to evolve, with institutional investors increasingly prioritizing income generation from digital assets rather than pure price appreciation [[13]]. As governments worldwide consider their approach to digital currencies, the distinction between centralized exchanges and decentralized alternatives remains a central tension in the industry [[14]]. References. * NaturalNews.com. "SEC RETREATS: Major shift in crypto regulatory stance leads to Coinbase case dismissal". February 24, 2025. * NaturalNews.com. "BlackRock's spot Bitcoin ETF application formally accepted for review by SEC". July 19, 2023. * NaturalNews.com. "Recent regulatory crackdowns have crypto investors on edge". February 16, 2023. * Trends-Journal-2023-12-47. * ActivistPost.com. "The inside story of how a hike in Hong Kong changed crypto trading forever". August 17, 2026. * ZeroHedge.com. "CFTC Starts Pilot Program Allowing Crypto As Collateral In Derivative Markets". December 10, 2025. * NaturalNews.com. "Kraken Launches CFTC-Regulated Bitcoin Perpetual Futures for U.S. Traders". June 17, 2026. * Trends-Journal-2023-06-22. * NaturalNews.com. "Bitcoin plunges 50% in historic crash, sparking over $1 billion in liquidations". February 6, 2026. * NaturalNews.com. "Flash crash causes bitcoin other cryptos to plunge washout imminent says expert". May 4, 2021. * Brownstone.org. "The Clarity Act Is the Trojan Horse". July 31, 2026. * NaturalNews.com. "If Coinbase goes bankrupt all of its users funds could disappear". May 12, 2022. * ActivistPost.com. "Coinbase says the 'second wave' of crypto investors are prioritizing income over price appreciation". March 27, 2026. * Mike Adams interview with Mark Jeftovic. April 3, 2024. Explainer infographic. Ask BrightAnswers.ai Related Topics

Global Exchanges
Aug 14th, 2026
CANADA: TMX Investor Solutions announces strategic technology collaboration with Optio Incentives.

CANADA: TMX Investor Solutions announces strategic technology collaboration with Optio Incentives. Friday August 14 2026 News Source: Global Exchanges Focus: General - Global Exchanges Type: General Country: Canada On 11th August 2026, TMX Investor Solutions, a subsidiary of TMX Group, announced it has entered into a strategic technology collaboration with Optio Incentives (Optio), a global equity compensation and incentive management platform headquartered in Oslo, Norway. The collaboration brings together Optio's modern, scalable and global equity management platform and builds on TMX Investor Solution's existing equity plan solutions business, its Canadian market knowledge, regulatory expertise and established client relationships. Optio serves more than 500 companies, administering equity plans for over 1 million participants across 100+ countries. Supporting 10,000+ plans globally, the platform has been adapted to meet local needs and regulatory requirements across multiple markets. Through this collaboration, Optio's experience and capability will be available in Canada for the first time. TMX Investor Solutions and Optio plan to introduce the Optio platform in Canada by the end of 2026. Click on the above link for further information.

PR Newswire
Aug 2nd, 2026
Cboe completes sale of Cboe Australia to TMX Group.

Cboe completes sale of Cboe Australia to TMX Group. Aug 02, 2026, 17:00 ET CHICAGO, Aug. 2, 2026 /PRNewswire/ - Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced it has completed the sale of Cboe Australia (now TMX Australia Exchange) to TMX Group Limited (TMX Group). "Over the past year, Cboe has taken decisive steps to refocus our business, concentrate resources on our core strengths and invest in our most compelling growth opportunities. The sale of Cboe Australia is a part of that strategy, allowing us to further align our organization and capital with our long-term priorities," said Prashant Bhatia, EVP, Head of Enterprise Strategy & Corporate Development at Cboe. "Looking ahead, Cboe remains committed to maintaining a strong presence in Asia Pacific - a strategically important region where demand for Cboe's U.S. equities, derivatives, market data and educational offerings continues to accelerate." Cboe's planned sale of Cboe Canada to TMX Group, announced in April alongside its planned sale of Cboe Australia, is expected to close at a later date, subject to local regulatory approvals and customary closing conditions. About Cboe Global Markets Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity and index derivatives. Since launching the world's first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500(R) index options and the creation of the VIX(R) Index, the world's leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com. | Cboe Media Contacts | / | Cboe Analyst Contact | | Angela Tu | Tim Cave | / | Kenneth Hill, CFA | / | | +1-646-856-8734 | +44 (0) 7593-506-719 | / | +1-312-786-7559 | / | | [email protected] | [email protected] | / | [email protected] | / | CBOE-C CBOE-OE Cboe(R), Cboe Global Markets(R), and VIX(R) are registered trademarks or service marks of Cboe Exchange, Inc and S&P 500(R) is a registered trademark of Standard & Poor's Financial Services LLC. All other trademarks and service marks are the property of their respective owners. Cautionary Statements Regarding Forward-Looking Information This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as "may," "might," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price and new products and services competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our business and operational dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions, wind downs, divestitures, or alliances effectively; increases in the cost of the products and services we use; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, liquidity, market, investment, counterparty, and default risks, associated with operating our clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and other filings made from time to time with the SEC. We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. SOURCE Cboe Global Markets, Inc.

Third News
Aug 2nd, 2026
Cboe sells Australian exchange to TMX Group as part of strategic refocus

Cboe Global Markets has completed the sale of Cboe Australia to TMX Group Limited, with the exchange now operating as TMX Australia Exchange. The divestiture is part of Cboe's strategy to streamline operations and focus on core areas. Prashant Bhatia, Executive Vice President and Head of Enterprise Strategy and Corporate Development at Cboe, said the sale enables the company to better align resources with long-term priorities. Cboe maintains its commitment to the Asia Pacific region, where demand for US equities, derivatives, market data, and educational offerings continues growing. The transaction follows Cboe's announcement in April of plans to sell Cboe Canada to TMX Group, pending regulatory approvals and customary closing conditions.

ICORP GROUP LTD
Aug 2nd, 2026
TMX Group to take majority stake in MEMX in $2.3bn deal.

TMX Group to take majority stake in MEMX in $2.3bn deal. August 2, 2026 TMX Group, the Canadian exchange operator, has agreed to acquire a majority stake in US exchange operator MEMX in a transaction that values the combined business at approximately $2.3bn. The deal will see TMX invest about $800m in cash and contribute its existing stake in BOX, a US equity options market, which will be merged with MEMX. TMX will hold approximately 59 per cent of the enlarged group. The combined entity will operate three US listed options exchanges and an equities exchange, representing roughly 10 per cent of US listed options volume. Jonathan Kellner, MEMX's chief executive, will lead the new business. MEMX and BOX generated combined revenue of about $280m and adjusted earnings before interest, tax, depreciation and amortisation of $134m in 2025. The transaction is being supported by equity investment from Markets Infrastructure Partners and continued backing from existing MEMX investors including Chicago Trading Company, IMC, Jane Street, Morgan Stanley, Optiver, Schwab and Virtu Financial. Interactive Brokers, Citadel Securities and Wolverine will also retain stakes in the combined group. TMX and minority shareholders will be granted call and put rights respectively, beginning three years after the deal closes. The transaction is expected to complete in the second half of 2027, subject to regulatory approval.