Company
Federal Reserve Bank of Boston
We are seeking a Lead Business Analyst to join our Solutions Delivery and Automation teams at the Federal Reserve Bank of Boston. As a more senior individual contributor, you will help our program efforts through collaboration with various departments and stakeholders to gather, document, and analyze business requirements, processes, and workflows. You will translate these requirements into functional specifications for technology teams and work closely with project managers, developers, and testers to ensure successful project delivery. The Lead Business Analyst will also be involved in identifying areas for process improvement and recommending solutions to enhance operational efficiency and effectiveness. As a Lead, you will also help shape how our business analysis performs, mentoring and coaching others to enhance the performance of the overall team.
This position is hybrid.
How You Will Make a Difference
- Collaborate with business partners and team members to perform the business analysis that will help shape business outcomes and determine which resources best apply to solving business problems:
- Independently partner with business area management and senior leadership to understand business objectives and assist in the prioritization of initiatives.
- Translate business requirements into clear user stories and functional specifications.
- Lead the assessment of complex initiatives from inception to completion, collaborate with project managers during project execution and ensure output aligns with business objectives and stakeholder requirements
- Document business requirements, user stories and success criteria.
- Research and identify emerging trends.
- Identify and document improvements of business processes, systems and workflows to enhance efficiency.
- Conduct research and analysis of market trends and customer needs to identify new business opportunities.
- Develop business cases, ROI analysis and recommendations that support investment decisions.
- Lead cross-functional teams in the analysis of business requirements, solution design and implementation planning.
- Propose innovative and practical solutions that meet business needs.
- Participate in the development of departmental business analysis standards and operating procedures.
- Act as a mentor/coach for other analysts by providing guidance on methodologies and best practices.
- Foster collaboration and alignment across departments and stakeholders to ensure successful project deliveries and business outcomes.
- Serve as the liaison between stakeholders and technology teams.
- Present findings, recommendations and project updates to various audiences.
- Participate in system testing, user acceptance testing and validation of implemented solutions.
Knowledge and Experience:
- Knowledge and experience normally acquired through, or equivalent to, the completion of a Bachelor's degree and a minimum of 7-9 years of job-related experience.
- 6+ years of experience as a business analyst or related role.
- Proven track record of driving complex initiatives.
- Excellent analytical and problem-solving skills with the ability to think outside the box.
- Excellent communication and leadership skills.
- Strong interpersonal, negotiation, influencing and interviewing skills with the ability to facilitate meetings efficiently and effectively at on-site or virtual settings and with staff from all levels within the Federal Reserve System.
- Experience with agile frameworks such as Scrum and Kanban.
- Experience with project portfolio management processes and tools.
- Ability to thrive in a fast-paced environment.
- Ability to manage multiple business requirements projects simultaneously.
- Strong customer service orientation.
- Demonstrated resourcefulness and creative problem-solving skills.
- Certification in Business Analysis, Client Relationship Management, Change Management, or Project Management
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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What We Do
As part of the Central bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. We contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.
Why Work With Us
At the Boston Fed, we believe in diversity and the strength that comes from diverse perspectives, ideas, and approaches to solving important business problems. We also recognize that benefits and compensation play a central role in the employer you choose. We work to make sure our compensation package is competitive with those of top employers.
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Federal Reserve Bank of Boston Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Most jobs are eligible for a hybrid schedule with some on-site work expected. Additionally, remote roles are available and have been labeled as such.
