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Job Requirements of Business Analyst:
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Employment Type:
Full-Time
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Location:
Schaumburg, IL (Onsite)
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Business Analyst
Finance/Banking experience required!
Business Analyst
Pay: $84,000 - $105,000 with a 10% Short Term Incentive bonus paid out in Q1
Location: Hybrid – 1 day onsite in Schaumburg
Summary:
Seeking a dedicated Business Analyst to join a dynamic Data & Analytics team. This role involves partnering with various business units to deliver insightful data analysis, gather and translate business requirements, and support system development efforts. The successful candidate will work closely with departments such as Training, Retail Banking, Commercial Lending, Risk Management, Marketing, Operations, and IT to enhance operational efficiency and drive strategic initiatives.
Requirements:
- Bachelor’s or Master’s degree in Business or related field
- 5+ years of business analysis experience
- Strong analytical, problem-solving, and decision-making skills
- Excellent communication skills, capable of explaining technical concepts to non-technical audiences
- Experience in financial services/banking industry preferred
- Knowledge of BSA/AML, OFAC, Fraud regulations a plus
- Proficiency in Excel, Power BI, SQL, or similar data analysis tools
- Experience with Salesforce, nCino, FIS Insight, SAP Business Objects a plus
- Familiarity with MS Visio and MS Project for modeling and planning
- Self-motivated, team-oriented, and able to operate independently
Responsibilities:
- Collaborate with business units to identify opportunities for process improvement and operational efficiencies
- Conduct interviews and gather detailed business requirements
- Convert requirements into technical specifications for development teams
- Analyze data to uncover optimization opportunities
- Ensure developed systems and reports meet business needs
- Extract and process large data sets into actionable insights
- Support user training and create technical documentation
- Develop and execute test plans and participate in User Acceptance Testing (UAT)
- Prepare and manage project plans, communicate progress, and handle scope changes effectively
Benefits:
- One day onsite in Schaumburg with flexible hybrid work arrangements
- Competitive salary and benefits package including medical, dental, vision, disability, 401k, and paid time off
- Bonus opportunities and incentive bonuses
- Supportive environment fostering professional growth and development
- Good benefits and work-life flexibility
Additional Information:
This employer values diversity, equal opportunity, and an inclusive workplace. All employment decisions are based on qualifications and business needs.
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