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Payment Operations Analyst Jobs in Ontario (NOW HIRING)

TMX Group

Operations Analyst (Contract)

Toronto, ON · Hybrid

CA$32 - CA$34/hr

Balance payments against proceeds and authorize final participant payouts. * Operations ... Execution & Analytical Skills: Demonstrated ability to manage high-priority transactions under ...

Finastra

Sales Operations Analyst

Mississauga, ON · Hybrid

Our technology powers missioncritical solutions across Lending, Payments and Universal Banking ... Sales Operations Analyst What Will You Contribute? Finastra is seeking a Sales Operations Analyst ...

Prophix

Finance Operations Analyst

Etobicoke, ON · On-site

As Finance Operations Analyst at Prophix, you will be a key member of the growing finance team ... Prepare monthly journal entries for earned channel partner payments * Coordinate referral fee ...

Td

TDS Operations Analyst II

Toronto, ON

CA$59K - CA$84K/yr

... of Global Payments and Deposit Operations (GPDO). Global Sanctions Screening Operations is ... Strong analytical and problem-solving skills * Excellent organizational and time management skills

Td

TDS Operations Analyst II

Toronto, ON · On-site

CA$59K - CA$84K/yr

... of Global Payments and Deposit Operations (GPDO). Global Sanctions Screening Operations is ... Strong analytical and problem-solving skills * Excellent organizational and time management skills

Block

Business Intelligence Analyst

Toronto, ON · On-site +1

You Have * 5+ years of related experience in reconciliation, settlement, payment operations, accounting, or finance analytics with a Bachelor's degree (Finance, Accounting, Economics, a quantitative ...

New

Snaplii

Senior/Lead Risk Analyst, Payment fraud

Toronto, ON · On-site

$150K - $200K/yr

Risk & Payments Compensation: $150K-$200K About the Role We are seeking a strategic and data-driven ... Previous experience as a Fraud Analyst, Risk Analyst, Operations Specialist, Data Scientist, or ...

Walmart

Manager, Program Management

Mississauga, ON · On-site

Lead daily payment operations for CA sellers across Payoneer, PingPong, Airwallex, and JPMorgan ... Adopts a holistic perspective that considers data, analytics, customer insights, and different ...

Plooto

... their payment operations. Our Finance team plays a central role in maintaining the rigorous ... Partner closely with FP&A on internal and investor reporting, ensuring accounting outputs are ...

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Showing results 1-20

All JobsPayment Operations Analyst JobsPayment Operations Analyst Jobs in Ontario

Payment Operations Analyst information

See Ontario salary details

$16

$33

$56

How much do payment operations analyst jobs pay per hour?

As of Sep 1, 2026, the average hourly pay for payment operations analyst in Ontario is $33.23, according to ZipRecruiter salary data. Most workers in this role earn between $20.67 and $45.91 per hour, depending on experience, location, and employer.

What is a payment operations analyst?

Payment Operations Analysts are professionals responsible for overseeing and managing the processes involved in financial transactions within an organization. They ensure payments are processed accurately, efficiently, and in compliance with relevant regulations. Their duties often include reconciling accounts, investigating payment discrepancies, and working closely with banks and internal teams to resolve issues. Payment Operations Analysts play a crucial role in maintaining the integrity and reliability of a company's financial operations.

What are the key skills and qualifications needed to thrive as a payment operations analyst?

To thrive as a Payment Operations Analyst, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by a relevant degree. Familiarity with payment processing platforms, banking systems, and proficiency in Excel or other data analysis tools is typically required. Strong problem-solving abilities, communication skills, and the capacity to work under pressure help individuals excel in this role. These skills ensure accurate payment processing, regulatory compliance, and efficient resolution of transactional issues in a fast-paced financial environment.

What are some common challenges faced by payment operations analysts, and how are they addressed within a typical team structure?

Payment Operations Analysts often encounter challenges such as ensuring transaction accuracy, meeting tight processing deadlines, and adapting to rapidly changing compliance regulations. These challenges are typically addressed through close collaboration with cross-functional teams, robust internal controls, and regular process reviews. Analysts usually work within a structured team where responsibilities are clearly defined, and ongoing training is provided to keep up with industry standards and regulatory changes. Support from supervisors and access to advanced payment processing tools also help mitigate potential issues and maintain workflow efficiency.

What is the difference between Payment Operations Analyst vs Payment Processing Specialist?

AspectPayment Operations AnalystPayment Processing Specialist
CredentialsTypically requires a bachelor’s degree in finance, business, or related field; certifications like CPA or CPA-related are commonOften requires similar educational background; certifications are less common but may include payment processing or industry-specific credentials
Work EnvironmentCorporate finance or payments departments, often in financial institutions or fintech companiesPayment processing centers, financial institutions, or merchant services companies
Employer & Industry UsageUsed in banking, fintech, and e-commerce sectors for overseeing payment workflowsCommon in merchant services, retail, and banking for handling transaction processing

The Payment Operations Analyst focuses on managing and optimizing payment processes, ensuring compliance, and analyzing payment data. In contrast, the Payment Processing Specialist primarily handles the day-to-day processing of transactions. While both roles require knowledge of payment systems, the analyst role tends to involve more strategic oversight and analysis, whereas the specialist role is more operational and transactional.

Is a payment operations analyst a good job?

A payment operations analyst is a role focused on managing and optimizing payment processing systems, ensuring accuracy and compliance. It typically requires strong attention to detail, knowledge of financial systems, and proficiency with tools like Excel or payment platforms. The job offers opportunities for career growth in finance and operations sectors.

What are popular job titles related to Payment Operations Analyst jobs in Ontario?

For Payment Operations Analyst jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Payment Operations Analyst jobs in Ontario look for?

The top searched job categories for Payment Operations Analyst jobs in Ontario are:

Payment Operations Analyst jobs near you
Infographic showing various Payment Operations Analyst job openings in Ontario as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $69,124 per year, or $33.2 per hour.

Business Operations Analyst - Payments

Peoples Group

Toronto, ON • Hybrid

Full-time

PTO

Posted 11 days ago

Job description

We are hiring for this position out of our Toronto, Vancouver and Calgary offices. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.
 

About the role:

As a Business Operations Analyst, you will support the day-to-day operations of Peoples Group's Wholesale Payments business. This role is responsible for executing operational activities, supporting client onboarding, responding to client inquiries, and ensuring the timely and accurate processing of financial and non-financial transactions.

Reporting to the Senior Manager, Customer Support, you will serve as a key contributor to the efficiency of our payments operations by partnering with internal stakeholders, identifying process improvements, and delivering exceptional service to both clients and business partners. This role offers an opportunity to develop expertise across Canada's evolving payments ecosystem while contributing to a growing and innovative financial services organization.

About the day-to-day:

  • Execute operational transactions and client requests accurately and within established service level agreements.
  • Support business processes including client onboarding, account maintenance, transaction processing, and operational administration.
  • Investigate, troubleshoot, and resolve operational issues while escalating complex matters when required.
  • Respond to client inquiries and complaints in a professional and timely manner, ensuring a positive client experience.
  • Proactively follow up on client requests, operational inquiries, and escalations to ensure satisfactory resolution.
  • Collaborate with internal departments and business partners to resolve issues and support operational objectives.
  • Prepare reports and operational updates for management and key stakeholders.
  • Review existing processes and identify opportunities to improve efficiency, reduce risk, and enhance client service.
  • Escalate operational gaps, process inefficiencies, and high-risk activities to appropriate stakeholders.
  • Effectively manage competing priorities in a fast-paced environment while maintaining a high level of accuracy.

About the qualifications:

  • Minimum 3 years of experience in an operations role within the financial services industry.
  • Experience supporting business technology initiatives and/or digital channels within financial services is preferred.
  • Experience working directly with clients and third-party service providers.
  • Experience with API development and integration, customer experience (CX), and user experience (UX) design is considered an asset.
  • Understanding of the Canadian payments landscape.
  • Knowledge of Payments Canada payment rails and industry standards, including:
    • Electronic Funds Transfer (EFT)
    • Real-Time Rail (RTR)
    • INTERAC e-Transfer
    • SWIFT
    • ISO 20022
  • Familiarity with payments operations, funds transfers, settlement processes, issuing, and acquiring activities is considered an asset.
  • Strong analytical and problem-solving abilities with exceptional attention to detail.
  • Excellent verbal and written communication skills.
  • Strong organizational and time management skills with the ability to manage multiple priorities.
  • Proven ability to build collaborative relationships across teams and departments.
  • Ability to work effectively under pressure in a fast-paced operational environment.
  • Highly motivated team player with a customer-focused mindset.
  • Quick learner who demonstrates initiative and adaptability.
  • Comfortable taking ownership, identifying opportunities, and contributing beyond core responsibilities to help drive team success.

About us:  

Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. With offices in Vancouver, Calgary and Toronto, we are driving change by working alongside challenger banks, fintechs, brokers, and merchants to foster a dynamic and competitive financial ecosystem. 

Our culture is built on four core behaviors: Grit to Grow, Connect to Collaborate, Putting Clients First, and Owning the Outcome. We believe people do not simply choose a company to work for—they choose a company that makes a positive impact in the lives of Canadians. Above all, we value people, build meaningful relationships, focus on individual strengths, and approach our work with passion. 

About the work environment: 

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times. 

We offer: 

  • A hybrid work environment, enabling you to balance your personal and professional life seamlessly. 
  • Competitive salaries, profit sharing, RRSP matching and benefits from day one. 
  • Generous paid time off to help achieve a healthy work-life balance. 
  • A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community. 

Hiring process:  

If your application is selected, you will be invited for a first interview with one of our Talent Acquisition Business Partners. Depending on the role, interviews may be conducted virtually or in-person. The hiring team will communicate any in-person requirements throughout the process. 

Compensation:  

The expected salary for this role is approximately $70,000.00 - $75,000.00 annually. Actual compensation may vary based on experience, skills, and qualifications. 

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.  

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know. 

Apply