Business Analyst Jobs in Canada: Job Profiles & Salary

Business Analyst Jobs in Canada can make you a successful professional because Canadian companies are in the process of hiring business analysts these days. In 2022, there were more than 30,000 business analyst jobs opening in Canada and it is increasing every year.

Hence, there is a high vacancy for Business Analyst Jobs in Canada across a variety of industries such as healthcare, banking, hospitality, and others. However, Canada pays the best business analyst salary in order to fill the shortage of these professionals. 

So, if you want to get the Business Analyst Jobs in Canada. Make sure to check this informative blog where you will find all business analyst job profiles with their roles and salaries. 

Make sure to check: What is CAPM Certification? How It Can Transform Your Career?

Business Analyst Jobs in Canada

There are 7 demanding Business Analyst Jobs in Canada: Business Intelligence Analyst, IT Business Analyst, Management Analyst, Financial Analyst, Data Scientist, Operation Research Analyst, Information Security Analyst, and so on. 

Hence, here is the list of Business Analyst Jobs in Canada with salaries (As per Job Bank Wage Report):

S. No.	NOC Code	Job Profile	Average Salary($/hour)
1.	NOC 41401	Business Intelligence Analyst	Low – 29.96 Median – 47.24 High – 71.79
2.	NOC 21221	IT Business Analyst	Low – 25.00 Median – 42.16 High – 61.54
3.	NOC 11201	Management Analyst	Low – 23.08 Median – 39.90 High – 62.50
4.	NOC 11101	Financial Analyst	Low – 24.04 Median – 37.95 High – 57.69
5.	NOC 21211	Data Scientist	Low – 23.08 Median – 39.00 High – 56.41
6.	NOC 21210	Operations Research Analyst	Low – 30.43 Median – 46.70 High – 73.33
7.	NOC 21220	Information Security Analyst	Low – 25.00 Median – 42.16 High – 61.54

Role of Business Analyst Jobs in Canada

Business Analyst Jobs in Canada may differ depending on the job profile. Hence, here is the list of roles as per job profiles:

Business Intelligence Analyst:

• Gather business intelligence data from a variety of sources, such as industry studies, public information, field reports, or purchased results

• Maintain the information in your company’s computer database, which may need to be updated on a regular basis

• Analyze the data to find any trends that may have an impact on your company’s strategies

• Use the study data to back up recommendations for action to help the company improve or perhaps grow

IT Business Analyst:

• Coordination of the IT department with the executive branch

• Understand company needs and growth strategies

• Increases the standard of IT services and goods

• Analyze technological systems and business model design

• Using IT data to get business insights

• Evaluate the business requirements

• Identify and implement new business technology

• Develop technical solutions to business problems

• Report on application development and implementation

Management Analyst:

• Investigate issues and solutions

• Obtain appropriate information and data

• Report writing and presentation

• Personnel Interviews

• Examine finance and employment reports

• Communicate with management and offer recommendations

Financial Analyst:

• Investigate industry-specific financial events, such as broad economic and commercial trends

• Evaluate opportunities for investment by analyzing financial statements

• Create financial modeling to help investors to find profitable investments

• Examine the performance of stocks, other investments, and bonds

• Financial data should be translated into detailed presentations and simple financial reports 

• Keep up-to-date with modern technologies and market situations

Data Scientist:

• Used machine tools, identify features, create techniques, and improved them

• Performed structured and unstructured data preparation

• Improved data collection methods to include all pertinent data needed to create analytical systems

• Data preparation, purification, and integrity verification for analysis

• Evaluated large amounts of data to discover patterns and solutions

• Make predictions and machine learning algorithms

• Offer ideas and techniques for managing business challenges

Operation Research Analyst:

• Data collection and analysis from present operational systems in order to develop decision-support software

• Obtain feedback from workers or persons with specialized knowledge that can help solve operational problems

• Create mathematical models of possible and current operational issues

• Performed tests to validate the models’ accuracy

• Provide solutions to leadership teams and help in decision-making

• Create reports explaining your results and suggestions

• To plan, manage, and evaluate large projects, time and cost networks should be developed.

• Create organizational structures and processes for businesses, such as accounting and logistics systems and production schedules

Information Security Analyst:

• Inspect computer networks for security flaws

• Examine safety breaches along with other cybersecurity problems

• Keep track of security breaches and the damage they cause

• Work with the security team to execute tests and detect network flaws

• To maintain a high level of security, address any discovered weaknesses

• Stay up to date on the latest IT security developments and events

• Conduct penetration testing

• Assist colleagues in implementing security software and learning about information security management

• Examine safety improvements and make suggestions to management

• Maintain current knowledge of security guidelines and information advances in technology

You may also check: 5 Best Business Analyst Certification for Beginners!

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