Business Analyst Job Description
Our Business Analyst Job Description perfectly suits for employers or recruiters who are on the lookout for a qualified candidate for a business analyst job. Our sample covers the main duties, responsibilities, and key skills associated with this profession. It may assist you in creating a job application in order to draw the right applicant. Note that this business analyst job description template is easy to customize for your company.
Business Analyst Job Duties
Business analyst job duties depend on the business nature of a company. For example, if you work for an IT company, your business analyst job will be considerably different from that at the bank. There are even discrepancies within one group, as every organization hires a specialist to fulfill a specific purpose, and to make a particular change. But conversely, every business analyst has to know the business inside and out, monitor its happening daily, analyze every aspect, and make suggestions on improvements.
Business analyst’s contribution to the company’s growth can be hardly overestimated. To align a firm’s capabilities with its objectives, and customers’ needs, another crucial business analyst job duty in every firm is the requirement management. Using multiple sources, they formulate, analyze, and document business requirements. The skilled specialist distinguishes expressed desires of the stakeholders from their actual needs, “translates”, and precisely communicates them to the team.
Business Analyst Job Responsibilities
The gamut of business analyst job responsibilities is hard to embrace, but basically, they are naturally derived from duties. Here are the main business analyst job responsibilities:
- Monitor the company’s overall business
- Present results after research done
- Make and implement competitive solutions on company’s improvement
- Visit meetings to make and discuss these solutions
- Evaluate risk and take an immediate action in case of emergency
- Conduct the workflow analysis to detect obstacles in reaching goals
- Assist in preparing budgets for every department
- Resolve conflicts
- Create a specific communication mechanism between departments’ heads to monitor the work process without a hitch
- Elicit, understand, analyze requirements, and translate them to the internal team
- Differentiate the actual user’s need with their expressed requirements
- Make a plan of a company’s prospects and ways to develop
- Train other business analysts
Business Analyst Job Requirements
Most employers expect at least a bachelor’s degree in business, management, finance, or a similar major relevant for the business analyst job. However, some organizations welcome experienced specialists with a 2-year degree.
Senior positions typically require a master’s degree, but experience can sub for education in some companies. In addition, a technical degree is an added advantage.
Also, some employers prefer to hire candidates with IIBA CBAP (Certified Business Analysis Professional) certification, as well.
On top of that, continuous self-education is compulsory. A qualified specialist needs to be in the loop of the most recent economic, political, and geographic tendencies in order to advance company’s objectives.
Business Analyst Job Key Skills
The proper analytical skills are crucial for obtaining the Business Analyst job. We compiled the list of the basic abilities and competencies typically required, which may fluctuate as objectives differ:
- Strong verbal and written communication skills to interact with internal team members and external clients
- Technical competence
- Time management
- Analytical thinking, ability to conduct cost/benefit analysis
- Deductive and inductive reasoning
- Excellent mathematical skills
- Business and test case development
- Conflict resolution