Business Analyst III

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Job description

Job Description

Position Overview:

The position requires a quality-focused and detail oriented Business Analyst with a demonstrated track record of providing solutions for high-priority business goals and strategic management decisions. The incumbent should be a skilled troubleshooter and problem solver with the ability to translate business processes and problem statements into requirements. The incumbent must be conversant with all stages of SDLC and be able to deliver results within tight timelines.

Essential Job Functions:

Interface with the business client to understand business needs and requirements, and to help develop and maintain the client relationship

Build stakeholder consensus and ensure everyone is on the same page, in agreement, and can visualize the solution being proposed

Develop business cases, requirements, use cases, test plans, test strategies, test cases, and operational procedures and plans

o Document business processes and workflows

o Craft business cases to evaluate the feasibility of technology initiatives

o Identify business and functional requirements by working with application end-users, and lead the collection, analysis, documentation, and coordination of those requirements

o Design and execute test cases for application development and implementation projects

Collaborate with IT professionals to determine if solutions currently exist (internally or externally) or whether new solutions are feasible to meet business requirements

Leverage rapid prototyping approaches to present as-is/to-be processes/workflows and rough designs of the proposed solution

Maintain a comprehensive chronological trail of requirements and agreements and actively contribute to the project change control process. Document and manage issues and actions

Provide overall support to ensure the successful design, testing, and implementation of applications that support the business unit, Also, provide support in developing training materials and conducting training

Document and manage issues and actions for IT applications and projects

Prepare and make presentations using MS PowerPoint and Visio to project stakeholders and management

Participate in the evaluation of new products or initiatives to determine the technology support required

Evaluate applications and IT environments, and analyze gaps between current and desired states

Propose recommendations based on industry best practices

Educational Qualifications and Experience:

Education: Bachelors degree in Computer Science, Information Systems, or Finance

Role Specific Experience: 5+ years of relevant technical and business work experience

Experience in defining and implementing technology solutions for a major financial institution

Extensive experience as a Business Analyst for a large financial institution

Extensive experience with implementing a similar system

Extensive experience in gathering business requirements and developing functional specifications with special emphasis on use cases, defining test cases, and providing user training and support

Extensive experience with various system development lifecycle methodologies and tailoring the artifacts to those methodologies

Experience with BPM tools like iGrafix ,PEGA and Cordys is a plus

Certification Requirements: None Specified

Required Skills/Abilities:

Strong process analysis skills and ability to suggest improvements for efficiency and effectiveness of solutions based on industry best practices

Knowledge of business analysis best practices (such as BABOK) and ability to effectively apply them

Advanced knowledge of specific business area, process, workflows, standards, and business practices

Proven conceptual, analytical, and judgmental skills

Excellent verbal and written communication skills and ability to communicate well with all levels, technical as well as non-technical stakeholders

Ability to work directly with clients and management without supervision and to facilitate and navigate discussions with stakeholders to ensure clarity, prioritization, and consensus

Leadership skills and ability to work well with diverse team members, often in multiple locations

Ability to work with different points-of-view and lead the team to convergence, while always keeping the project objectives in sight

Strong presentation and facilitation skills

Excellent personal organization skills and ability to take things to closure without follow-ups

Desired Skills/Abilities (not required but a plus):

Desirable knowledge of VBA, PL/SQL and C++ numerical programming, MS Access, Oracle, and reporting tools such as Crystal Reports

Knowledge of Business Intelligence tools

Knowledge of ITIL, service, and process management

Certificate such as IIBA, ITIL Foundation, etc.

Knowledge and experience in COTS implementation as BA/BSA on COTS projects

Experience with implementing information security processes

Experience with an IT Governance, Risk, and Compliance (GRC) tool such as RSAM, Archer

Experience in project management