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Business Analyst
Ref No.: 17-07903
Location: Weehauken, New Jersey
Position Type:Contract
Job Details:

Understands and defines requirements for business problems and opportunities and recommends solutions that enable the organization to achieve its goals.

Tasks:
Estimates business analysis efforts
Identifies and documents the main stakeholders and other sources (e.g. existing systems, regulations) for functional and non-functional requirements
Supports the business process engineer by describing and defining the business processes
Elicits, analyses, negotiates, validates and communicates requirements and their respective impact on different stakeholders
Reconciles requirements with different stakeholders and ensures communication and traceability
Specifies working products along defined principles, guidelines and modeling processes using the appropriate tools
Gathers and validates acceptance criteria for requirements and reviews test cases in close collaboration with the dedicated test analyst/ designer
Integrates requirements in system documentation
Provides 3rd Level Support for the assigned solution

Competencies
Knowledge on Accounting and Accounting Principals
AXIOM experience
Knowledge on Financial Reporting and Regulatory Reporting ( IFRS / GAAP)
Should have knowledge on accounting concepts ( General Ledger, P&L account, Balance Sheet, Cashflow statement etc.)
Good knowledge on investment bank trade accounting, risk weighted assets calculations, netting, residual funding allocation, FX revaluation etc.
Knowledge in regulatory space - Dodd Frank, FATCA, BASEL, AML, EMIR is desired
Is entitled to estimate business analysis efforts
Rejects unclear, ambiguous, incomplete or conflicting business requests

Responsibilities
Escalates in case of conflicting requirements or weak stakeholder contribution
Should have worked for an Investment Bank , working knowledge in Finance department of bank would be a plus point.
Is responsible for establishing adequate Business Analysis artifacts while taking in account quality, effort and timeline
Is responsible for complete, consistent and reconciled Business Analysis artifacts
Is responsible for effort estimation regarding business analysis artifacts
Is responsible for defining functional and non-functional acceptance criteria
Is responsible to prepare Use Cases/ Functional Test Cases