What are the responsibilities and job description for the Business System Analyst position at New York Technology Partners?
Overview
BAs are responsible for creating new models that support business decisions by working closely with finance and IT teams to establish initiatives and strategies aimed at improving revenue and/or optimizing costs. Business analysts need 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.
Responsibilities include:
Creating a detailed business analysis in an effort to outline problems, opportunities, and solutions for a business
Reporting to stakeholders and Project Management Team.
Defining business requirements and reporting them back to stakeholders
Business analysts are tasked with prioritizing technical and functional requirements, identifying what clients want, and determining what is feasible to deliver. It requires a deep understanding of systems, how they function, who will need to be involved, and the necessary steps to get everyone on board.
The role of a business analyst is constantly evolving and changing — especially as companies rely more on data to advise business operations. Every company has different issues that a business analyst can address, whether it’s dealing with outdated legacy systems, changing technologies, broken processes, poor client or customer satisfaction, or siloed large organizations.
Business analyst skills
The business analyst position requires both hard skills and soft skills. Business analysts need to know how to pull, analyze and report data trends, share that information with others, and apply it to business goals and needs. Not all business analysts need a background in IT if they have a general understanding of how systems, products, and tools work. Alternatively, some business analysts have a strong IT background and less experience in business but are interested in shifting away from IT into this hybrid role. The role often acts as a communicator between the business and IT sides of the organization, so having extensive experience in either area can be beneficial for business analysts.
Required skills:
Oral and written communication skills
Interpersonal and consultative skills
Facilitation skills
Analytical thinking and problem solving
Being detail-oriented and capable of delivering a high level of accuracy
Organizational skills
Knowledge of business structure
Stakeholder analysis
Requirements engineering
Cost-benefit analysis
Processes modeling
Understanding of networks, databases, and other technology
Required/Desired Skills
Skill Required/Desired Years of Experience
Experience working as a Business Analyst - Required 4 Years
Experience soliciting and documenting requirements - Required 4 Years
Experience working with stakeholders in achieving their goals - Required 4 Years
Strong experience facilitating/ leading requirement gathering sessions - Required 4 Years
Experience creating user stories and technical requirements - Required 4 Years
Understanding with all phases of the software development life cycle (SDLC) - Required 4 Years
Strong organizational, multi-tasking and time management skills required - Required
Strong verbal, written and interpersonal skills across all levels of the organization required - Required
Advanced troubleshooting, critical thinking, analytical problem-solving, writing, and communication skills - Required
High degree of independence, intuition, and initiative, ability to handle multiple tasks beyond the routine - Required
Experience with writing test scripts, performing, and supporting user acceptance testing - Required
