Business Analyst - Euclid Innovations : Job Details

Business Analyst

Euclid Innovations

Job Location : Iselin,NJ, USA

Posted on : 2025-02-12T19:22:26Z

Job Description :
Job Title: Senior Business Analyst 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.
Key Responsibilities:
  • 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.
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