About the job IT Business Analyst (Junior)
Main Accountabilities
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Requirements gathering and analysis:
Collaborating with stakeholders to understand their needs, gather and document requirements, and analyze them to determine underlying business objectives and problems. -
Process mapping and modeling:
Documenting and analyzing current business processes, mapping process flows, and identifying bottlenecks, inefficiencies, and areas for improvement. -
Data analysis and interpretation:
Conducting data analysis and interpreting trends, patterns, and insights to identify opportunities for process optimization, cost reduction, and revenue enhancement. -
Solution design and recommendation:
Developing innovative solutions, recommending process changes, system enhancements, or other initiatives to address identified issues and achieve business objectives. -
Stakeholder management:
Collaborating with stakeholders including business users, IT teams, and management to ensure clear communication, alignment of expectations, and buy-in for proposed solutions. -
Project management:
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Analyze business requirements and assist in documentation by organizing disparate requirements into logical categories
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Translate business requirements into functional specifications and communicate them to the technical team
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Bridge the gap between business and development teams to clarify requirements
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Assist with project planning, monitoring progress, tracking milestones, and coordinating resources to ensure timely delivery of projects or initiatives.
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Documentation and reporting:
Creating and maintaining detailed documentation of requirements, specifications, process maps, test plans, and project-related information. Producing regular reports to communicate project status, issues, risks, and recommendations to stakeholders.-
Identify scope changes and assist the Project Manager in scope management
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Assess design risks and identify mitigating actions
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User acceptance testing and quality assurance:
Supporting testing efforts by defining test scenarios, coordinating testing activities, and verifying that implemented solutions meet business requirements and quality standards. -
Change management:
Assisting with change management activities, such as conducting impact assessments, identifying training needs, and developing communication plans to ensure successful implementation of changes.-
Provide end-user manuals/instructions to the application support group, especially for resolving production issues
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Facilitate turnover or transition of the project to the application support group during stabilization.
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Continuous improvement:
Identifying opportunities for continuous improvement in processes, tools, methodologies, and best practices related to business analysis.
The Business Analyst is typically assigned 1 to 3 concurrent projects or initiatives that are aligned with a business segments strategy and objectives and/or of simple to medium complexity.
Knowledge, Skills & Experience
Education:
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Graduate of a 4-year college degree in Computer Science, IT, Management, Banking, or other related courses
Experience:
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At least 2 years of experience in a business systems analysis role
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At least 3 years of experience in the IT industry
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Experience in a financial services or similar institution preferred
Knowledge:
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Business systems analysis
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Financial services
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Systems Development Life Cycle (SDLC)
Skills:
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Excellent leadership and negotiation skills
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Strong problem-solving and analytical abilities
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Conflict and stakeholder management skills
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Excellent oral and written English communication skills