Fort Washington Investment Advisors, Inc. · 1 month ago
IT Business Analyst III - Change Management & Process Improvement
Fort Washington Investment Advisors, Inc. is seeking an IT Business Analyst III who will collaborate with stakeholders to identify and articulate business and stakeholder requirements. This role involves eliciting, analyzing, and communicating requirements to ensure solutions maximize value and meet organizational goals.
Financial Services
Responsibilities
Collaborates with stakeholders to identify and articulate business and stakeholder requirements, as well as identify the solutions that will maximize the value delivered
This includes interviewing stakeholders, eliciting, analyzing, specifying and validating business, stakeholder, solution and transition requirements, and communicating those requirements to solution/development teams through the software development life cycle (Agile, Waterfall, Iterative)
Applies proven communication, modeling, analytical, problem-solving, facilitation, negotiation, influence and leadership skills to ensure stakeholder expectations are met
Produces requirements on large, complex Enterprise projects that require planning, elicitation, documentation, analysis and management of business
Acts as a liaison between the business customer and Information Technology (IT) project team(s) by building cooperative, constructive, effective working relationships with internal and external customers
Ensures IT understands the business and stakeholder requirements and resolves any gaps in understanding
Guides and advises less-experienced BAs
Competent to work at the highest skill level while considering the business implications of the application of technology
Performs gap analysis of current and future states, facilitating sessions with the business to identify changes that are needed to achieve specific strategic and enterprise goals
Responsible to make an established range of decisions, escalating to management when necessary and updating Manager on a regular basis
Responsible for planning and monitoring activities for business analysis activities
Chooses a business analysis approach that is appropriate for the change
Performs a stakeholder analysis to determine potential types and areas of impact associated with the change
Builds a strong relationship with the project manager to ensure a common understanding of the goals, objectives and scope of a change initiative
Responsible for elicitation of business requirements and related activities
Uses a variety of elicitation techniques to identify the characteristics of the change
Confirms and communicates what the stakeholders' needs are
Identifies and cultivates relationships with key stakeholders; forms and asks probing questions and actively listens to responses
Responsible for activities related to business requirements management and communication
Translates business concerns, questions and desires into clear stakeholder requirements through use cases, process diagrams, functional requirements and others
Defines relationships between various types of requirements
Traces requirements to business objectives, test cases and solutions
Assesses the value, urgency and risk associated with each individual requirement
Evaluates new and changing requirements for impact to projects
Works with stakeholders to reach approval and agreement on requirements
Acts as a liaison between the stakeholder and project team(s) to ensure understanding of the requirements will result in an effective solution
Responsible for requirements analysis and design definition
Analyzes the needs in order to recommend a solution or a range of solutions
Analyzes and quantifies the potential value of the solution options
Models and/or tailors requirements so they are understandable and usable by each stakeholder group
Responsible for strategy or Enterprise analysis
Analyzes current state of how the Enterprise functions today, setting a baseline and context for future changes
Defines future state goals and objectives and how the Enterprise needs to change to meet those goals
Understands uncertainties and assesses risks to recommend actions to deliver value
Performs gap analysis between current and future state, recommending the highest value approach for reaching the future state
Examines the potential value of the solution to determine if the change is justified
Coordinates and facilitates meetings with representatives from all levels of the organization, vendors and regulatory agencies as required to support planning, validation/acceptance and final deployment processes
Provides support, mentoring and guidance to project teams and incumbents
Performs other duties as assigned
Complies with all policies and standards
Qualification
Required
Bachelor's Degree In Business, Finance or IT required
Minimum of 10 years of business analysis experience in IT or a business environment
Demonstrated experiencing writing requirements documents. Requirements are well formed, cohesive, complete, consistent, feasible, modifiable, unambiguous and testable
Proven experience in strategic analysis techniques and principles of business and enterprise architecture
Demonstrated experience setting goals and successfully implementing and achieving goals
Proven ability to do a stakeholder analysis, select a project approach and estimate BA effort
Proven understanding of the distinction between requirements: business, stakeholder, solution (functional and non-functional) and transition
Demonstrated ability to lead requirements gathering/definition workshops, focus groups and/or process diagramming workshops involving both business stakeholders and delivery teams
Proven ability to construct business process models
Demonstrated ability to understand and utilize decision analysis techniques
Demonstrated ability to manage requirements in Waterfall, Agile and/or Iterative Software Development Methodologies
Proven ability to problem solve by defining basic steps and/or providing examples where techniques were used
Demonstrated ability to grasp technology concepts such as database, table driven code, testing tools, security, and/or computer programming concepts
Proven ability to assist in conducting research on software and hardware products to meet agreed upon requirements and to support purchasing efforts
Demonstrated ability to assist with the interpretation of requirements into feasible options, considering technical and business constraints, and communicates options to the stakeholders
Proven ability to effectively present solution options and recommendations to stakeholders
Demonstrated ability to construct specifications, models, diagrams, and charts to communicate needs to solution designers, developers and testers
Proven ability to maintain and reconcile forward and backward traceability of requirements
Demonstrated ability to lead Enterprise analysis activities, including definition of business needs and objectives, assessment of capabilities, selection of solution and scope, and development of the business case
Proven ability to assess/perform peer review of requirements done by others
Demonstrated ability to engage, elicit, validate and present findings to senior leadership
Proven excellent verbal and written communication skills with proven ability to convey information to clients, internal and external stakeholders, in a clear and concise manner
Demonstrated ability to reduce uncertainty and to manage ambiguity. Deals constructively with problems that do not have clear solutions
Demonstrated adaptability to adjust to multiple demands/deadlines, shifting priorities, ambiguity and rapid change
Proven strong attention to detail with excellent organization skills
Demonstrated strong awareness and business understanding in regards to the domains that they work in/ with
Proven ability to mentor and coach less-experienced BAs
Demonstrated ability to participate in recruiting and interviewing candidates for BA positions
Proven ability to manage and coordinate the work and priorities of a team of BAs (internal or external)
Proficient in Microsoft Office (Excel, Access, Word, Visio, and PowerPoint)
Preferred
Master's Degree Or MBA
Demonstrated experience with requirements analysis/management tools is preferred
Demonstrated experience creating and working in a team culture that is committed to collaborative cross-functional relationships and service excellence
Demonstrated knowledge and experience of various insurance industry systems, insurance and annuity products and/or the product development process, is not required, but helpful
MS SharePoint and Access experience is helpful
Certified Project Management Professional (PMP)-PMI In Business Analysis (PMI-PBA)® Upon Hire
IIBA Certified Business Analysis Professional™ (CBAP®) Upon Hire
IIBA Certification of Competency in Business Analysis™ (CCBA®) designation Upon Hire