The compliance department of a major financial corporation is seeking a Business Analyst in Springfield, MA.
Key Responsibilities
- Participate in all phases of the development lifecycle, including requirements gathering, analysis, design, build, testing, implementation, and ongoing support.
- Collaborate with business teams to understand pain points and inefficiencies by conducting stakeholder interviews, workshops, and documenting current-state processes to identify gaps and improvement opportunities.
- Elicit, analyze, translate, and decompose high-level business and user requirements into well-defined functional specifications and user stories.
- Act as a liaison between business stakeholders and development teams, ensuring shared understanding and alignment throughout delivery.
- Analyze and validate business systems and data to ensure accuracy, integrity, and fitness for purpose.
- Document business, functional, and technical requirements, including business and technical process flows.
- Complete source-to-target mappings/diagrams to support data movement, reporting, and downstream consumption.
- Rationalize and validate requirements against design standards, system guidelines, and application best practices.
- Develop technical scopes of work and support the execution of projects and product changes in response to stakeholder needs.
- Facilitate and document discussions to provide sufficient information for decision-making, including risks, dependencies, and trade-offs.
- Communicate progress, findings, and outcomes to leadership and stakeholders, and provide support and training during solution rollouts.
- Collaborate effectively with peers across geographies and time zones, managing competing priorities to deliver high-quality outcomes.
Required Qualifications & Skills
- Bachelor’s degree, preferably in Business, Information Systems, or another analytical field.
- 6+ years of experience as a Business Analyst, Business Systems Analyst, or Data Analyst.
- Strong experience gathering, analyzing, and documenting business and technical requirements with cross-functional teams.
- Demonstrated ability to understand and interpret stakeholder needs and translate them into effective metrics, reports, and system requirements.
- Solid blend of technical expertise and business acumen, with the ability to apply judgment to balance process compliance with business objectives.
- Strong logical reasoning, problem-solving, and analytical skills, with attention to detail and an outcome-oriented mindset.
- Proven ability to manage priorities, adhere to project schedules, and meet delivery deadlines.
Ideal Qualifications:
- Understands the fundamentals of the financial services industry and applies that knowledge to effectively elicit, document, and interpret business requirements, ensuring clarity, completeness, and alignment with regulatory and business objectives.
- Strong written, oral, and collaborative communication skills, with the ability to clearly convey objectives, plans, status, and results to both technical and non-technical audiences.