Senior Functional Business Analyst

Valley Bank; Morristown (NJ); On-site; USD 110,000 - 150,000; Full time

Job summary

Valley Bank is seeking a Senior Business Analyst to support client lifecycle initiatives, onboarding, KYC remediation, and data-driven process improvements. The role partners with Operations, Technology, Compliance, Risk, and business stakeholders to document requirements and implement change initiatives.

The ideal candidate has 5+ years in banking/analytical roles, a strong command of data analysis, and experience with process optimization and reporting tools.

Qualifications

• Bachelor's degree in Economics, Finance, IS, or analytics field.
• Minimum 5 years banking/financial services experience.
• Minimum 5 years in BA/Process/Operations analytics role.

Responsibilities

• Gather, analyze, and document business, functional, and data requirements.
• Map and optimize current and future-state processes and data flows.
• Assess business, regulatory, and technology impacts; identify risks.
• Collaborate with stakeholders to define requirements and acceptance criteria.
• Develop and execute testing strategies, test cases, and UAT.
• Analyze data to identify trends, gaps, and improvement opportunities.
• Design and maintain reporting, dashboards, and performance metrics.
• Lead and support process improvement and strategic initiatives.

Skills

PowerPoint

Excel

CoPilot

Analytical thinking

Written & presentation skills

Independent & collaborative work

Process improvement

Multi-project management

Cross-functional PM

Education

Bachelor's degree in Economics, Finance, Information Systems, Data Analytics, or related field

Tools

SQL

Power BI

Tableau

Alteryx

Job description

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.

The Senior Business Analyst supports the delivery of strategic initiatives and process improvements across the client lifecycle, including onboarding, KYC remediation, client data management, periodic reviews, and regulatory compliance activities. This role will partner with Operations, Technology, Compliance, Risk, and Business stakeholders to document requirements, analyze data, identify process improvement opportunities, and ensure successful implementation of change initiatives.

Responsibilities

• Gather, analyze, and document business, functional, and data requirements to support Deposit Operations projects and initiatives.
• Map and optimize current- and future-state processes, workflows, and data flows to drive business transformation and operational efficiency.
• Assess business, operational, regulatory, and technology impacts, identifying risks, dependencies, and improvement opportunities.
• Collaborate with Operations, Compliance, Risk, Technology, and other stakeholders to define requirements, acceptance criteria, and implementation plans.
• Develop and execute testing strategies, test cases, and UAT activities to ensure solutions meet business and operational objectives.
• Analyze operational and client data to identify trends, control gaps, bottlenecks, and opportunities for process improvement and automation.
• Design and maintain reporting, dashboards, and performance metrics that enable data-driven decision-making and operational oversight.
• Lead and support process improvement, project execution, and strategic initiatives through workflow analysis, root-cause identification, stakeholder communication, and continuous improvement recommendations.

Required Skills

• High degree of proficiency with Microsoft Office Suite with emphasis on PowerPoint, Excel, and CoPilot.
• Strong analytic, writing and presentation skills, including ability to summarize complex business problems and detailed analysis with clarity and brevity.
• Highly motivated individual who can work independently as well as collaboratively, making non-routine decisions and solving complex problems.
• Ability to proactively identify efficiencies in process which promote a continuous improvement culture. Strong intellectual curiosity and problem solving and/or analytical skills.
• Ability to work on multiple projects under compressed timeline.
• Experience in cross-functional project management.

Required Experience

• Bachelor's degree in Economics, Finance, Information Systems, Data Analytics, or related field.
• Minimum of 5 years of banking or financial services experience and a minimum of 5 years of experience in a Business Analyst, Process Analyst, Operations Analyst, or related analytical role.

Preferred Experience

• Master of Business Administration or Masters' Degree
• Experience supporting Deposit Operations, KYC, AML, Onboarding, or Banking Operations functions.
• Experience working on large-scale business transformation, regulatory, or technology implementation projects.
• Experience with SQL, Power BI, Tableau, Alteryx, or other reporting and analytics tools.