Functional Business Analyst Job Description
Functional Business Analyst Duties & Responsibilities
To write an effective functional business analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included functional business analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Functional Business Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Functional Business Analyst
List any licenses or certifications required by the position: PMP, ITIL, IIBA, PM, BA, SAP, MU2/3, EHR, PBA, PMI
Education for Functional Business Analyst
Typically a job would require a certain level of education.
Employers hiring for the functional business analyst job most commonly would prefer for their future employee to have a relevant degree such as University and Bachelor's Degree in Computer Science, Education, Business, Technical, Engineering, Information Technology, Finance, Management, Business/Administration, Military
Skills for Functional Business Analyst
Desired skills for functional business analyst include:
Desired experience for functional business analyst includes:
Functional Business Analyst Examples
Functional Business Analyst Job Description
- Defining testing requirements with the Quality Assurance and Testing team with the clients
- Management experience with the ability to lead and coach
- Excellent communication skills with fluency in English (written and verbal)
- Analytical with problem solving experience
- Able to work in virtual teams in a matrixed organisation
- Prior work experience as a Business Analyst/Functional Analyst in a financial services firm
- Strong time management skills, with the ability to multi-task and prioritise multiple initiatives
- Equities, listed derivatives, securities lending or prime brokerage experience and domain knowledge (beneficial)
- A Bachelors degree in business, economics, engineering or science, or the equivalent experience or qualifications
- Financial services competencies including equity finance, equity swap trade processing, or risk management technology, gained in a equity finance trading environment
- At least 3 years experience in working with technical developers
- Design and help architect next generation of common eTrading solutions across Macro
- Design and document functional specifications for data and trading state models
- Implement governance model to enforce adherence to common eTrading development standards across Macro
- Hands on experience designing and building
- 3+ years’ experience supporting IT projects and application, preferably Retail and e-commerce applications
Functional Business Analyst Job Description
- Able to adapt to a rapidly changing environment
- Knowledgeable in regards to the software development life cycle
- Management of brand financial projects and/or active participation in projects with successful project implementation and sustainability of achievements
- Assist in identifying strategic initiatives and key projects within Brand Finance to group wide solutions, efficiencies & goals of tasks or projects
- Development and implementation of professional communication packets for the presentation of project and/or tasks results, recommendations and solutions
- Maintaining an analytical mind-set, collaborating and continuing to include innovative thinking to strategically synthesize complex data sets and develop progressive solutions
- Business partner to Business Analysts in the Reebok BU’s and to the Range Architecture team other group functions
- Work with the process teams and business users to develop functional/business requirements for data warehousing / BI needs
- Document test plans and complete Unit Testing of developed objects and reports
- Provide support and maintenance of the existing BW environments (development, quality assurance and production)
- Work in conjunction with other members of the Global Change Team, Operations & Technology to deliver a first class service to our clients exceeding expectations
- Understand & deliver the agreed Return On Investment (ROI) business benefits for products within the backlog
- 5+ years experience with Reference Data and Pricing
- Ability & enthusiasm to execute the vision, strategy and roadmap within APRD as we centralise our reference data, on-boarding over 700 applications to our strategic architecture
- Sound understanding of global securities products (including bonds, cash and derivatives) is a requirement
- Previous experience of working with Reference Data would be highly desirable
Functional Business Analyst Job Description
- Assist with the Internal & External Audit, including submitting requested analyses and responding to audit inquiries
- Lead end-to-end effort to resolve any data quality issues or data gaps related to process, data or systems
- Formulates proposals for new systems, procedures and/ or processes and implements Perform leadership functions as a Business Analyst or team member
- Proficient in creating data models and information flows Understands and negotiates needs and expectations of multiple stakeholders
- Analysing the AS IS and TO BE operating model
- Impact analysis of process changes on the TOM
- Drawing up business and/or IT specifications
- Planning, designing and executing the User Acceptance test phase
- Complete system upgrades, application updates, and programming/configuration changes, as needed
- Develop reports, upon request, utilizing various report-writing tools in all applications
- Ability & enthusiasm to execute the vision, strategy and roadmap within APRD as we centralise our reference data for the Corporate & Investment Bank, on-boarding over 700 applications to our strategic architecture
- Sound understanding all security asset classes, understanding of trade lifecycle is highly desirable
- Ability & enthusiasm to execute the vision, strategy and roadmap within APRD as we centralize our reference data on-boarding over 700 applications to our strategic architecture
- Previous experience working with reference data
- Business Analysis experience within the financial services industry (10+ years)
- Financial Accounting, Computer Science, Data Analysts or Statistical Background
Functional Business Analyst Job Description
- Work with our Client business users / analysts to produce business and functional requirements that will be implemented internally or offshore
- Assist project manager and team lead in explaining to the client why some task is required to be done and why it takes estimated time
- Communicate and translate required business process capabilities and outcomes effectively between business process areas and supporting departments
- Working with functional leads to create Business requirements and develop requirements and specifications
- Assists in the development of Key Performance Indicators (KPIs) used to measure process, efficiencies and/or health within the business area assigned
- Perform setups, data loads, and configuration changes, following a change management process to support specific functional areas
- Model and enhance business process diagrams and other related models to capture business operations change requirements within defined opportunities or projects, modeling both current and future state, typically using a graphical or business process modeling tool
- Ensure proper coordination between the IT organization and process owners by defining conceptual and logical levels of detail in the business process models
- Determine and document the impact of process changes for the process owner and assists with the execution of unit and integrated system testing on programming changes to ensure viability and accuracy by creating test cases and carrying out peer review
- Use tools and data to show areas of improvements, and provide tools to measure trends related to business processes
- Excellence in driving projects forward and delivering results
- Ability to interface with global teams, including senior stakeholders (business, technology)
- Ability to elicit business requirements from stakeholders, analyzing, documenting, and prioritizing them
- Experience with stakeholders in ensuring the needed level of research is completed to accurately define the solution benefits and risks
- Experience of working with technical teams to validate proposed solutions
- Knowledge of database design, architecture, data structures, and process flows
Functional Business Analyst Job Description
- Self-motivation and the ability to work with minimal supervision essential
- Continuously refresh knowledge of products
- Relevant qualifications in IT or a related discipline, or equivalent industry experience
- Experience with Misys Loan IQ will be highly regarded
- Reference industry standard software quality and development efficiency metrics and measurements that could be used to assess VA OI&T’s ability to develop, test, integrate, deploy, and sustain quality software and obtain the desired outcomes efficiently and cost effectively
- Review various case studies representing a large collection of peer-reviewed and grey literature which identify critical success and common failure factors based on analysis of numerous health IT and non-health care IT projects
- Reviewing and assessing industry standards to include National Institute of Standards and Technology (NIST), Institute of Electrical Engineers and Electronics (IEEE), International Organization for Standardization (ISO), and Information Technology Infrastructure Library (ITIL)
- Work closely with the project team our clients through periodic software releases (planning through implementation)
- Perform analysis to diagnose system defects and enhancements to define a comprehensive picture of required changes
- Coordinate with development and testing teams to confirm software alignment with requirements and design
- Knowledge of Investment Banking systems and processes – sub-ledger, ledger, regulatory reporting and reconciliation systems
- Ability to work to tight and competitive deadlines
- Ability to manage relationships with key partners throughout global organization
- Process oriented & highly analytical
- Affinity for working with IT/BI systems and the will to become an expert
- Good understanding of system landscapes and/or tools (SAP, BI/MSTR, TM1, SPM, and MP) is advantageous