Business Analyst - VP(J)

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Tech Skills : Experience in Banking industry, Experience/Knowledge in Swift 15022, ISO 20022, ACH Wires (NACHA formats), X12 formats, Transaction Surveillance (AML, OFAC screening etc), Agile Methodologies, Defect Tracking, Requirements Managements tools/techniques, Experience in SQL queries, Data Analysis

Skills Needed:

  • Listening skills, to understand what people say and to detect what they might be hesitant to say.
  • Interviewing and questioning skills, to talk with individuals and groups about their needs and ask the right questions to surface essential requirements information.
  • Thinking on your feet, to go beyond planned questions and respond to whatever input you hear from the people you are interviewing.
  • Analytical skills, to critically evaluate the information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a more general understanding, distinguish presented user requests from the underlying true needs, and distinguish solution ideas from requirements.
  • Systems thinking skills, to be able to see the interactions and relationships between the people, processes, and technology involved in an environment.
  • Learning skills, to pick up new information quickly.
  • Facilitation skills, to lead requirements elicitation workshops.
  • Leadership skills, to create a collaborative environment and influence people to move toward a common goal.
  • Observational skills, to validate data obtained via other techniques and expose new areas for elicitation.
  • Communication skills, to communicate information effectively and inappropriate forms to customers, marketing, managers, and technical staff.
  • Organizational skills, to work with the vast array of information gathered during elicitation and analysis and to cope with rapidly changing information.
  • Modeling skills, to represent requirements information in graphical forms that augment textual representations in natural language, including using modeling languages already established in the development organization.
  • Interpersonal skills, to help negotiate priorities and to resolve conflicts among project stakeholders (such as customers, product management, and engineering).
  • Creativity, to propose requirements that no one even imagined.

Knowledge Needed

  • An understanding of contemporary requirements elicitation, analysis, specification, validation, and management practices and the ability to apply them in practice.
  • Familiarity with contemporary requirements engineering books and resources.
  • An understanding of how to practice requirements engineering according to several software development life cycles in a team environment.
  • Knowledge of product management concepts and how enterprise software products are positioned and developed.
  • Knowledge of existing tools for requirements development and requirements management to be able to choose appropriate tools for a given project and environment.
  • Application domain knowledge is a plus, to have credibility with user representatives and be able to work effectively with them.

Responsibilities

  • Work with the product manager or project sponsor to document the project's business requirements.
  • Identify project stakeholders and negotiate their responsibilities.
  • Elicit requirements using interviews, document analysis, requirements workshops, storyboards, surveys, site visits, business process analysis, use cases or user stories, scenarios, event lists, competitive product analysis, task and workflow analysis.
  • Write requirements specifications according to standard templates, using natural language simply, clearly, unambiguously, and concisely.
  • Decompose high-level business and user requirements into functional requirements, specified in an appropriate level of detail and in appropriate forms suitable for use by those must base their work on the requirements.
  • Specify quality attributes, external interfaces, and constraints.
  • Represent requirements using alternative views, such as visual analysis models (diagrams), prototypes, or simulations, where appropriate.
  • Lead requirements analysis and verification, ensuring that requirement statements are complete, consistent, concise, comprehensible, traceable, feasible, unambiguous, and verifiable, and that they conform to standards.
  • Lead requirements validation activities to confirm that a solution based on the requirements would meet customer needs and achieve the business objectives.
  • Lead and facilitate ongoing requirements prioritization.
  • Participate in peer reviews and inspections of requirements documents. Participate in peer reviews of work products derived from requirements specifications to ensure that the requirements were interpreted correctly.
  • Enter, manipulate, and report on requirements stored in a requirements management tool. Define requirement attributes and use them throughout the project.
  • Manage the creation and use of requirements trace information.
  • Track requirements status throughout the project.
  • Manage changes to baselined requirements through effective and appropriate application of change control processes and tools.
  • Establish and implement effective requirements practices, including the continuous improvement of a requirements process. Assist with the development of the organization's requirements engineering policies, procedures, and tools.
  • Implement ways to reuse requirements across projects.
  • Identify ways to assist product management in product planning through requirements development and analysis. Propose new product features and updates.

Qualifications:

Bachelor's degree in business or technical-related discipline, or equivalent work experience required, advanced degree preferred, 6-8 years of experience in providing consulting advice to senior IT and business management required, experience in the securities or financial services industry is a plus

Analyzes, defines and prioritizes the business requirements, functional specifications and operational architecture for up to and including highly complex strategic, global programs. Provides consultation to IT and business management on applying technology to business opportunities and planning and implementing cross-functional applications or systems. May allocate/coordinate work within a team/project. Elicits, challenges, and prioritizes requirements using standard processes and templates, and translates into functional design and use case documents. Develops project scope, objectives, constraints and assumptions for a given large, strategic, multi-year project. Participates and provides guidance in development of the technical design, test plans, and user documentation. Consults internal business groups on requirements, functional architecture and implementation. Tracks scope and change throughout the remainder of the initiative utilizing formal requirements management principles, including change control and requirements traceability. Gathers and analyzes information to assist in development of recommendations to address strategic business objectives that span multiple, global business and technology areas. Participates in industry forums and keeps current on domain knowledge for their specific business and application areas of expertise. Applies experiences with existing software and/or systems development processes to develop better processes to be used in the future. Actively influences software development process improvement initiatives. Provides senior level consultation to internal business groups on process improvement projects designed to improve their business results. Contributes to the achievement of related teams' objectives.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

More Information on BNY Mellon
BNY Mellon operates in the Fintech industry. The company is located in New York, NY. It has 41739 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability insurance, Dental insurance, Vision insurance, Health insurance and Life insurance. To see all 116 open jobs at BNY Mellon, click here.
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