Sr. Business Analyst (Remote)

Inspira Financial Trust, LLC in; Oak Brook (IL); Remote; USD 80,000 - 120,000; Full time

Job summary

A leading financial services company is seeking a Senior Business Analyst to optimize operations through data analysis and process development. This remote position will involve working with stakeholders to assess business needs, propose solutions, and ensure successful implementation of process improvements using Agile methodologies. The role demands strong analytical skills, effective communication, and a collaborative approach to drive business success.

Qualifications

• Experience in data-driven decision-making and business process analysis.
• Strong understanding of Agile product management frameworks.
• Proven ability to work with cross-functional teams and stakeholders.

Responsibilities

• Gather requirements and conduct thorough needs assessments through stakeholder interviews.
• Lead process improvements and develop functional specifications for new systems.
• Create comprehensive reports and data visualizations for key decision-makers.

Skills

Data Analysis

Process Optimization

Stakeholder Engagement

Agile Methodologies

Communication

Education

Bachelor's Degree in Business or related field

Job description

Sr. Business Analyst (Remote) (Finance)

The Sr. Business Analyst will report to the [Position Title] in the Digital Product Management department. This role is responsible for identifying business needs, analyzing data, and developing data-driven solutions by collaborating with stakeholders to evaluate current processes, uncover areas for improvement, and design effective solutions to optimize business operations. Key duties include gathering requirements, conducting data analysis, creating reports, and presenting recommendations to drive strategic decision-making. This position provides expertise in the preparation, analysis, design, testing, and implementation of product features, process designs, and improvements using Agile methodologies. A key purpose of this role is to assess and evaluate current state processes and develop solutions aimed at creating more streamlined, automated, and standardized alternatives.

• Evaluate existing business processes, identify inefficiencies, and propose process optimization strategies to enhance productivity and quality.
• Lead the analysis of key risk areas in current and proposed Product and operational processes.
• Design and lead process improvements as part of system implementations, translating them into requirements, epics, features, and stories to support development teams and process owners.
• Develop detailed functional specifications for new systems or system enhancements based on business needs and requirements analysis.
• Determine and support team structure changes as it relates to the definition of roles impacted by process changes.

• Conduct thorough needs assessments by interviewing stakeholders, gathering feedback, and documenting business requirements to understand current pain points and desired outcomes.

• Utilize data-driven tools and methods to collect, clean, and analyze data to identify trends, patterns, and insights relevant to business objectives.
• Partner with stakeholders, Product Owners, Scrum Masters, and Architects to define operations process requirements related to multiple internal and external systems.
• Create comprehensive reports and data visualizations to effectively communicate findings and insights to key decision-makers.

• Build strong relationships with stakeholders at all levels, effectively communicating project status, addressing concerns, and aligning expectations.

• Lead the creation of process flows, process documentation, and training materials to ensure successful rollout of product and/or process improvements.
• Solicit ideas and feedback from impacted departments and represent these areas in discussions with internal/external implementation teams.
• Evaluate and test the system throughout the implementation phases.
• Conduct ongoing analysis and monitoring of processes to ensure that desired outcomes are produced.

• Assist with change management efforts, including creating strategies to support adoption of required changes, assessing change readiness, identifying key stakeholders, and supporting the design, development, and delivery of communication.

• Other duties as assigned.

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