Business Analyst

Position: Business Analyst

Pay: $60,000 - $70,000

JOB SUMMARY

The Business Analyst role is responsible for serving as liaisons between the operational and administrative functions and systems of the Bank and the IT Organization. They collect, analyze, develop, document, communicate business requirements, and support user testing to achieve business goals. Business Analysts continually seek opportunities to increase client satisfaction, deepen relationships, and effectively manage client expectations.

Based on breadth and depth of understanding of business needs and processes, Business Analysts collaborate with IT team members to determine if appropriate internal or external solutions currently exist, or whether new solutions are required and feasible. They take a broad perspective to determine how such solutions will impact existing work processes and systems. Business Analysts are responsible for proactively identifying technology opportunities that support Bank strategies and performance.

Business Analysts educate project team members on business unit goals and objectives and educate the business on the value of information technology. They also display innovation in identifying, proposing, and overseeing the execution of business solutions. Through adaptable communication skills and the ability to translate between technical and business language, they work collaboratively, negotiating requirements across multiple groups.

Business Analysts must have a solid understanding of the client’s existing business processes, the key drivers, and measures of success for the business, and the short- and long-term direction of the business and related technologies. They must have a working knowledge of the business area that they support. Strong leadership, relationship management, interpersonal, negotiation, and communication skills are also required.

ESSENTIAL DUTIES

The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties, as assigned, including cross training across other departments, as necessary.

• Works with business partners within one business process to align technology solutions with business strategies.
• Serves as IT Team member supporting one low to moderately complex business processes.
• Establishes and maintains liaison relationship with business partners and IT Organization to provide effective technical solutions.
• Seeks opportunities to improve and deepen relationship between IT Organization and business partners.
• Conducts data gathering and analysis to understand business strategy requirements.
• May assess client needs utilizing a structured requirements process (gathering, analyzing, documenting, and managing changes) to assist in identifying business priorities.
• Develops, writes, and communicates business requirements such as the business environment, business vision, business rules, risks, and information pertinent to the stakeholder.
• Builds use cases to identify functional requirements to satisfy business needs.
• Provides assistance in documenting current business processes and models.
• Provides assistance in business case development (i.e., research, data collection).
• Assists in development of user test cases and validates test results during testing.
• Executes test cases.
• Assists with the investigation and statement of problems and escalates issues as appropriate.
• Provides support (i.e., creating reports, research, documentation) for the analysis of client satisfaction data.
• Supports effort to ensure IT solutions meet client needs.
• Participates in job specific training and other various bank training programs, as necessary.
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per bank policy.
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations.
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML.

Qualifications

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Bachelor’s degree (complete or in-progress) in Computer Science, Information Systems, Business, or another related field or equivalent work experience.
• Banking experience required.
• Typically requires 1-3 years of relevant technical or business work experience.
• Requires technical, analytical, and interpersonal skills.
• Understanding of IIBA principles and practices.

Benefits

• Health & Insurance: Medical, dental, and vision insurance coverage.
• Retirement: 401(k) plan options, typically for full-time employees.
• Time Off: Generous vacation policy, often increasing after three years of service.
• Work Environment: Fast-paced environment with training provided.