Business Analyst Details

Business Analyst

IT Automation - Remote

Employment Type : Full-Time

Business Analysts conduct market analyses, analysing both product lines and the overall profitability of the business. In addition, they develop and monitor data quality metrics and ensure business data and reporting needs are met. Strong technology, analytical and communication skills are must-have traits.

A Business Analyst job description typically includes:

• Creating a detailed business analysis, outlining problems, opportunities and solutions for a business
• Budgeting and forecasting
• Planning and monitoring
• Financial modelling
• Variance Analysis
• Pricing
• Reporting
• Defining business requirements and reporting them back to stakeholders

In addition to performing financial and operational modelling, a Business Analyst is expected to develop new models that underpin sound business decisions. A Business Analyst job description should recognise the streamlining and improving of internal and external reporting. The role should also call for a strong understanding of regulatory and reporting requirements as well as plenty of experience in forecasting, budgeting and financial analysis combined with understanding of key performance indicators.

The end goal is to provide financial insights that help the decision-making process, and align capital and resource allocation within the business budget. The Business Analyst should also drive fresh initiatives for financial planning and business intelligence systems.

This position is within the Data & Analytics group with our close partner in Financial and Retail Banking domain and the team is specifically looking for Data Lake experience. The project objective is to deliver business insights through advanced analytics and reporting on Big Data platforms.

Responsibilities:

• Responsible person will be a single-point-of-contact for all data & analytics needs for specific set of business initiatives
• Gain an understanding of the organization’s business processes relevant to the project’s goals and objectives
• Understand and translate business needs into business requirements (user stories and acceptance criteria) and associated activities
• Apply business knowledge and facilitative expertise to resolve reporting & analytics issues across one or more areas of the business and across multiple projects
• Lead information gathering sessions to understand current and potential customer needs
• Reverse engineer existing legacy reports to map out as-is functionality, document them and present it to the business teams
• Work with business users & data architects to translate business rules into data transformation procedures
• Assist with managing the product backlog, release backlog and Sprint backlog