What are the responsibilities and job description for the Business Analyst position at Euclid Innovations?
Job Title: Senior Business Analyst
Location: Iselin, NJ
Job Type: 12 Months
Job Description:
Qualifications:
Location: Iselin, NJ
Job Type: 12 Months
Job Description:
Qualifications:
- Bachelor's degree in information technology, Business Administration, Finance, or a related field.
- Minimum of 7-10 years of experience as an IT Business Analyst, with at least 5 years in the banking domain.
- Strong understanding of banking operations, products, services, and regulatory requirements.
- Proven experience in managing IT projects within the banking sector.
- Proficiency in business analysis tools and techniques, including UML, BPMN, and requirements management software.
- Excellent communication, presentation, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Experience with Agile methodologies and working in a collaborative, cross-functional environment.
- Certifications such as CBAP (Certified Business Analysis Professional) or PMI-PBA (Professional in Business Analysis) are a plus.
- Business Requirements Gathering:
- Work closely with stakeholders to gather, analyze, and document business requirements related to banking processes and IT systems.
- Conduct interviews, workshops, and surveys to understand business needs and translate them into functional specifications.
- Solution Design and Validation:
- Collaborate with IT teams to design and propose solutions that meet business requirements, ensuring alignment with banking regulations and standards.
- Validate the proposed solutions through user acceptance testing (UAT) and ensure they meet the business needs.
- Process Improvement:
- Analyze current banking processes to identify areas for improvement, increased efficiency, and cost reduction.
- Recommend and implement process changes that leverage IT solutions to enhance service delivery and customer satisfaction.
- Project Management:
- Lead and manage IT projects within the banking domain, ensuring they are delivered on time, within scope, and within budget.
- Monitor project progress, identify risks, and take corrective actions as needed.
- Stakeholder Communication:
- Serve as the primary point of contact between business stakeholders and the IT team.
- Provide regular updates on project status, risks, and issues to senior management and other stakeholders.
- Compliance and Risk Management:
- Ensure all IT solutions comply with banking regulations, data privacy laws, and cybersecurity standards.
- Work with the risk management team to identify and mitigate potential risks associated with IT projects.
- Training and Support:
- Provide training and support to end-users on new banking IT systems and processes.
- Develop user guides, training materials, and conduct training sessions as needed.
