Business Analyst

COFCO International

$80K — $95K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years in business process analysis and quality assurance for software
  • Experience with Commodity Trading and Risk Management (CTRM) systems or financial accounting
  • Proficiency in analyzing business processes and workflows
  • Ability to translate business needs into functional specifications
  • Strong relationship-building skills with stakeholders and technical teams

Responsibilities

  • Gather and document both functional and non-functional business requirements through collaboration
  • Analyze existing business workflows for optimization opportunities
  • Provide first and second level support for CTRM users, addressing application issues
  • Conduct feasibility studies and assess impact for proposed processes and initiatives
  • Analyze data to identify trends and provide recommendations for improvement
  • Collaborate with the development team to create functional specifications and user stories
  • Facilitate change management activities, including training and user acceptance testing

Benefits

  • Opportunities for professional development and continuous improvement
  • Supportive team environment with collaboration across departments
  • Access to the latest industry practices and technologies
  • Participation in a dynamic trading environment
  • Involvement in innovative projects aimed at enhancing efficiency
Full Job Description
Main Focus:
  • To act as the primary bridge between front-office stakeholders and application/technical developers, providing CTRM application functional support, troubleshooting CTRM incidents and gathering/analysis of business requirements. As a CTRM analyst, provide and maintain process and system documentation, clarify business specifications, translating business requirements into functional specifications.


Key Responsabilities and Accountabilities:
  1. Requirements Gathering: Collaborate with business stakeholders and other project resources to obtain and document business requirements, both functional and non-functional, through interviews, workshops, and data analysis. Translate these requirements into clear and concise documentation.
  2. Business Process Analysis: Analyze existing business processes and workflows to identify areas for optimization, streamlining, and automation. Propose innovative solutions to enhance efficiency and productivity.
  3. Applications Support: Provide first and second level support for the Softs US CTRM users, resolving applications processing issues and/or escalating the problems to Level 3 or vendor resources in case he/she is unable to resolve the issue.
  4. Feasibility Studies: Assess the feasibility of proposed processes/workflows and initiatives by conducting cost-benefit analysis, risk assessments, and impact analysis. Provide valuable insights to support decision-making and project prioritization.
  5. Data Analysis: Analyze data from various sources to identify trends, patterns, and opportunities for business improvement. Utilize data-driven insights to make informed recommendations.
  6. Solution Design: Work with the development team to design and create functional specifications, use cases, and user stories that effectively communicate business requirements to technical teams.
  7. Stakeholder Management: Build strong relationships with business stakeholders, project managers, and technical teams to foster collaboration and ensure a shared understanding of project goals and requirements.
  8. ChangeManagement: Support the implementation of new processes and systems by facilitating change management activities, including training sessions, user acceptance testing (UAT), and user adoption initiatives.
  9. Documentation: Create and maintain comprehensive project documentation, including business requirements, process flows, use cases, and other relevant materials.
  10. Qualityssurance: Assist in testing efforts to ensure that the final solutions meet the defined business requirements and quality standards.
  11. Continuous Improvement: Stay updated on industry best practices, emerging technologies, and business trends to identify opportunities for continuous improvement and innovation.

Project Involvement:
  • Actively participates in team meetings, contributes ideas, and supports team plans/decisions for successful project/process implementation.
  • Ability to execute assigned tasks
  • Communicates progress/status of assigned projects/tasks, anticipates risks and able to recommend solutions to address issues
  • Works with available resources to deliver assigned tasks on agreed schedule.

Direction Received:
  • General supervision will be given.
  • Able to take own initiative to move forward the assigned tasks/projects


Administration and Operations:
  • Comply with the established set of work standards
  • Incident Management (Logging, Tracking, Communications and Reporting)
  • Maintains updated systems/applications documentation
  • Coordinates schedules and related tasks with other team members or other IT groups


Key Qualifications/Experiences:
  • 3+ years of experience in business process analysis and software quality assurance processes. This includes designing, defining or streamlining work processes, documenting business processes, testing and supporting CTRM applications
  • Experience in Commodity Trading and Risk Management (CTRM) systems OR Financial Accounting
  • Experience in trading environment or financial accounting

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