Functional Business Analyst Job Description

Functional Business Analyst Job Description

4.6
169 votes for Functional Business Analyst
Functional business analyst provides support of SAP applications, including integration points between SAP modules and non-SAP applications to ensure business processes are maintained in a non-disruptive manner.

Functional Business Analyst Duties & Responsibilities

To write an effective functional business analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included functional business analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Helping to bridge the gap between the client's requirements and the technical delivery team and successfully delivering projects
Reporting to provide transparency of key performance indicators via both financial scorecards and standardized reporting specific to product creation
Controlling the seasonal planning process both content wise and systemically, including document management, definition of seasonal calendar as it relates to Business Units (BU’s), product minimums management & seasonal drop process, cross-functional review and KPI management
Ability to work with different systems in conjunction with product coding and master data to ensure proper coding
Sound understanding of rates, credit and commodities products (including cash and derivatives) is a requirement
Build compliance and performance reports using various tools such as SSRS, Visual, SharePoint, Excel
Managing competing reporting priorities and assisting with the resolution of any conflicting requirements
Analysing and documenting solutions for new requirements such as “what if analysis” and “divisional stress testing”
Identifying missing or non strategic data and providing requirements to data sourcing teams
Working with data sourcing to source and validate data completeness, from acquisition to report delivery

Functional Business Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Functional Business Analyst

List any licenses or certifications required by the position: PMP, ITIL, IIBA, PM, BA, SAP, MU2/3, EHR, PBA, PMI

Education for Functional Business Analyst

Typically a job would require a certain level of education.

Employers hiring for the functional business analyst job most commonly would prefer for their future employee to have a relevant degree such as University and Bachelor's Degree in Computer Science, Education, Business, Technical, Engineering, Information Technology, Finance, Management, Business/Administration, Military

Skills for Functional Business Analyst

Desired skills for functional business analyst include:

SQL
Database systems and Excel
Relational databases and strong data analysis
Client
Corporate business processes
FpML / FIXml message standards
Instrument reference data
Key integration points between SAP modules
Problem solving and troubleshooting skills
Product

Desired experience for functional business analyst includes:

Familiar with principles of application programming, database and system design
Strong organizational skills, written and verbal skills, ability to understand and explain issues to colleagues and users from both a technical and a business functional point of view
Must have strong problem solving skills and be capable of breaking down complex problems to identify and resolve root causes
5+ Years of implementation experience in Oracle rel 11 and/or 12
Strong data analysis and problem solving ability
Must have extensive Reference Data experience with full understanding of all security asset classes

Functional Business Analyst Examples

1

Functional Business Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a functional business analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for functional business analyst
  • Defining testing requirements with the Quality Assurance and Testing team with the clients
  • Management experience with the ability to lead and coach
  • Excellent communication skills with fluency in English (written and verbal)
  • Analytical with problem solving experience
  • Able to work in virtual teams in a matrixed organisation
  • Prior work experience as a Business Analyst/Functional Analyst in a financial services firm
  • Strong time management skills, with the ability to multi-task and prioritise multiple initiatives
  • Equities, listed derivatives, securities lending or prime brokerage experience and domain knowledge (beneficial)
  • A Bachelors degree in business, economics, engineering or science, or the equivalent experience or qualifications
  • Financial services competencies including equity finance, equity swap trade processing, or risk management technology, gained in a equity finance trading environment
Qualifications for functional business analyst
  • At least 3 years experience in working with technical developers
  • Design and help architect next generation of common eTrading solutions across Macro
  • Design and document functional specifications for data and trading state models
  • Implement governance model to enforce adherence to common eTrading development standards across Macro
  • Hands on experience designing and building
  • 3+ years’ experience supporting IT projects and application, preferably Retail and e-commerce applications
2

Functional Business Analyst Job Description

Job Description Example
Our company is looking for a functional business analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for functional business analyst
  • Able to adapt to a rapidly changing environment
  • Knowledgeable in regards to the software development life cycle
  • Management of brand financial projects and/or active participation in projects with successful project implementation and sustainability of achievements
  • Assist in identifying strategic initiatives and key projects within Brand Finance to group wide solutions, efficiencies & goals of tasks or projects
  • Development and implementation of professional communication packets for the presentation of project and/or tasks results, recommendations and solutions
  • Maintaining an analytical mind-set, collaborating and continuing to include innovative thinking to strategically synthesize complex data sets and develop progressive solutions
  • Business partner to Business Analysts in the Reebok BU’s and to the Range Architecture team other group functions
  • Work with the process teams and business users to develop functional/business requirements for data warehousing / BI needs
  • Document test plans and complete Unit Testing of developed objects and reports
  • Provide support and maintenance of the existing BW environments (development, quality assurance and production)
Qualifications for functional business analyst
  • Work in conjunction with other members of the Global Change Team, Operations & Technology to deliver a first class service to our clients exceeding expectations
  • Understand & deliver the agreed Return On Investment (ROI) business benefits for products within the backlog
  • 5+ years experience with Reference Data and Pricing
  • Ability & enthusiasm to execute the vision, strategy and roadmap within APRD as we centralise our reference data, on-boarding over 700 applications to our strategic architecture
  • Sound understanding of global securities products (including bonds, cash and derivatives) is a requirement
  • Previous experience of working with Reference Data would be highly desirable
3

Functional Business Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of functional business analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for functional business analyst
  • Assist with the Internal & External Audit, including submitting requested analyses and responding to audit inquiries
  • Lead end-to-end effort to resolve any data quality issues or data gaps related to process, data or systems
  • Formulates proposals for new systems, procedures and/ or processes and implements Perform leadership functions as a Business Analyst or team member
  • Proficient in creating data models and information flows Understands and negotiates needs and expectations of multiple stakeholders
  • Analysing the AS IS and TO BE operating model
  • Impact analysis of process changes on the TOM
  • Drawing up business and/or IT specifications
  • Planning, designing and executing the User Acceptance test phase
  • Complete system upgrades, application updates, and programming/configuration changes, as needed
  • Develop reports, upon request, utilizing various report-writing tools in all applications
Qualifications for functional business analyst
  • Ability & enthusiasm to execute the vision, strategy and roadmap within APRD as we centralise our reference data for the Corporate & Investment Bank, on-boarding over 700 applications to our strategic architecture
  • Sound understanding all security asset classes, understanding of trade lifecycle is highly desirable
  • Ability & enthusiasm to execute the vision, strategy and roadmap within APRD as we centralize our reference data on-boarding over 700 applications to our strategic architecture
  • Previous experience working with reference data
  • Business Analysis experience within the financial services industry (10+ years)
  • Financial Accounting, Computer Science, Data Analysts or Statistical Background
4

Functional Business Analyst Job Description

Job Description Example
Our company is looking for a functional business analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for functional business analyst
  • Work with our Client business users / analysts to produce business and functional requirements that will be implemented internally or offshore
  • Assist project manager and team lead in explaining to the client why some task is required to be done and why it takes estimated time
  • Communicate and translate required business process capabilities and outcomes effectively between business process areas and supporting departments
  • Working with functional leads to create Business requirements and develop requirements and specifications
  • Assists in the development of Key Performance Indicators (KPIs) used to measure process, efficiencies and/or health within the business area assigned
  • Perform setups, data loads, and configuration changes, following a change management process to support specific functional areas
  • Model and enhance business process diagrams and other related models to capture business operations change requirements within defined opportunities or projects, modeling both current and future state, typically using a graphical or business process modeling tool
  • Ensure proper coordination between the IT organization and process owners by defining conceptual and logical levels of detail in the business process models
  • Determine and document the impact of process changes for the process owner and assists with the execution of unit and integrated system testing on programming changes to ensure viability and accuracy by creating test cases and carrying out peer review
  • Use tools and data to show areas of improvements, and provide tools to measure trends related to business processes
Qualifications for functional business analyst
  • Excellence in driving projects forward and delivering results
  • Ability to interface with global teams, including senior stakeholders (business, technology)
  • Ability to elicit business requirements from stakeholders, analyzing, documenting, and prioritizing them
  • Experience with stakeholders in ensuring the needed level of research is completed to accurately define the solution benefits and risks
  • Experience of working with technical teams to validate proposed solutions
  • Knowledge of database design, architecture, data structures, and process flows
5

Functional Business Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a functional business analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for functional business analyst
  • Self-motivation and the ability to work with minimal supervision essential
  • Continuously refresh knowledge of products
  • Relevant qualifications in IT or a related discipline, or equivalent industry experience
  • Experience with Misys Loan IQ will be highly regarded
  • Reference industry standard software quality and development efficiency metrics and measurements that could be used to assess VA OI&T’s ability to develop, test, integrate, deploy, and sustain quality software and obtain the desired outcomes efficiently and cost effectively
  • Review various case studies representing a large collection of peer-reviewed and grey literature which identify critical success and common failure factors based on analysis of numerous health IT and non-health care IT projects
  • Reviewing and assessing industry standards to include National Institute of Standards and Technology (NIST), Institute of Electrical Engineers and Electronics (IEEE), International Organization for Standardization (ISO), and Information Technology Infrastructure Library (ITIL)
  • Work closely with the project team our clients through periodic software releases (planning through implementation)
  • Perform analysis to diagnose system defects and enhancements to define a comprehensive picture of required changes
  • Coordinate with development and testing teams to confirm software alignment with requirements and design
Qualifications for functional business analyst
  • Knowledge of Investment Banking systems and processes – sub-ledger, ledger, regulatory reporting and reconciliation systems
  • Ability to work to tight and competitive deadlines
  • Ability to manage relationships with key partners throughout global organization
  • Process oriented & highly analytical
  • Affinity for working with IT/BI systems and the will to become an expert
  • Good understanding of system landscapes and/or tools (SAP, BI/MSTR, TM1, SPM, and MP) is advantageous

Related Job Descriptions

Resume Builder

Create a Resume in Minutes with Professional Resume Templates