What is a Typical Business Analyst Job Description?

SONY DSCThe main role of a business analyst is to use computer applications to create “what if” models and scenarios so that the business can create the most efficient and profitable mode of operation. Business analysts are also known as business process engineers or business process analysts. Here are seven characteristics of a data analyst job based on the analysis of these Randstad Technologies vacancies.

1. Translate Business Processes for IT: One of the responsibilities of business analysts is to translate business processes for the IT department. for instance, stock markets involve the sale of stock and transfer of money from different buyers’ accounts through brokers’ accounts to the stock exchange, to other brokers’ accounts and finally to the sellers accounts. The business analyst will show the IT department what is expected in each level of the process using a flowchart. The information is then used by the IT department to create a computer program that will facilitate transactions in all the steps.

2. Explain IT requirements to Management: Many business managers are not experts in technology and often make requests to the IT department that are impractical, redundant or impossible. It is the job of the business analyst to explain to the managers the concerns and requirements of the IT department. Business analysts create reports for presentation to senior management. Some of the information included in the report includes audit findings as well as recommendations.

3. Establish Testing Parameters: When business computer systems are implemented or revised, testing the systems is a necessary measure. Business analysts work with quality analysts to ensure the business’ IT requirements are fully tested before the new systems are implemented. Business analysts work with partners and business group heads in a consultative manner to facilitate changes made to improvements in processes implementation.

4. System analysis: Very large business corporations have many departments. The roles of the departments may be loosely defined and in many cases, there is duplication of responsibilities. This results in increased stress on the IT department, inefficient use of labor and slower response times that lowers the quality of customer service. Business process analysts examine various aspects of business processes and provide suggestions on how they can be improved. Business process analysts can work independently or in a team to audit each area of a business’ operation. This is done to identify inefficiencies in the business and asses financial risk.

5. Work Conditions: Many business analysts work 40 hours a week. Their work is mostly limited to the office environment. However, they may also spend some time on the field doing observation.

6. Education: Many employers look for business analysts with certain academic credentials. They should possess at least a degree in accounting, economics or a related field of study. Those with a postgraduate degree have an advantage.

7. Salary: The average salary of a business analyst was ~$45,000 / $69,000 a year. And if you take a look at this page of data analysis Randstad vacancies, you’ll notice that business analysts are also paid bonuses and receive other benefits like reimbursement for university programs, medical and life insurance as well as pension plans.

In many organisations, those people who are knowledgeable about the companies’ products and services may not know much about the businesses’ IT requirements. Likewise, those in the IT department may not know much about the products and services offered by a business. It is the responsibility of the business analyst to act as a liaison between those responsible for the business part of the organisation and those involved in IT.

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