Raymond James Financial, Inc

Lead Business Analyst, Technology

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, MIS, Computer Science, or related field
  • 5+ years of development and IT experience
  • Financial Services industry experience required
  • Proficient in OFSAA, specifically GL Reconciliation Framework and LLFP application
  • Experience with Oracle SQL, AWS Redshift and ETL processes
  • Knowledge of Master Data Management using Ab Initio
  • Familiarity with SDLC processes, from requirements gathering to release.

Responsibilities

  • Liaise with Business SMEs to define business requirements for regulatory reporting and credit risk management
  • Create Business Requirement Documents (BRDs) for functional and nonfunctional requirements
  • Develop Functional Specification and Technical Design Documents
  • Design use cases, flow charts, data flow diagrams, and dashboards
  • Analyze data using SQL tools to develop sourcing strategies
  • Define data quality rules and governance standards
  • Support User Acceptance Testing (UAT) to identify and log defects.

Benefits

  • Medical, dental, and vision insurance
  • Life and critical illness insurance
  • Disability benefits
  • Retirement savings plans
  • Paid time off including vacation and sick leave
  • Parental leave
  • Hybrid work style.
Full Job Description
Job Description Summary

Job Description

Lead Business Analyst, Technology

DUTIES:

  • Liaise with the Business SMEs to elaborate on business requirements for regulatory reporting and credit risk management and Define Business Requirement Documents (BRDs) for functional and nonfunctional requirements.
  • Define Functional Specification and Technical Design Documents to break down requirements in Technology requirements.
  • Design Use Cases, Flow Charts, Data Flow Diagrams and Dash Boards to meet business requirements.
  • Analyze and profile data using Oracle SQL Developer, MS SQL Server or AWS Redshift based on the source of data to develop strategies to suffice the data sourcing needs.
  • Define logical database design, fact/dimension table structure, reporting process metadata, and ETL (Extract, Transform and Load) processes.
  • Define system strategy, develop system requirements, design prototypes and support technology solution implementations to achieve seamless data integration between various financial applications (Peoplesoft, Financial Application Hub, One Stream, AXIOM) to use Oracle Financial Services Analytical Applications (OFSAA) as Financial Datawarehouse.
  • Analyze Oracle Financial Services Analytical Applications (OFSAA) standard business rules and functionalities and perform fit-gap analysis to align to the functional and non-functional business requirements.
  • Define data quality rules, data governance standards and Master Data Management (using Ab Initio) through data sourcing to processing to reporting.
  • Analyze data elements needed for reporting and define data mapping and data lineage documents to map source system data (key data attributes and dimensions) to the Financial Services Data Foundation (FSDF) standard data model.
  • Responsible for working with Oracle to raise Service Request for any custom data attribute change in data model.
  • Assess current state lineage and business rules to identify necessary changes and customizations on standard OAS (Oracle Analytics Server) configurations to align better to the reporting requirements.
  • Support with analysis of OFSAA General Ledger (GL) Reconciliation Framework and configure reconciliation business rules to perform reconciliation between enterprise operational and GL systems data.
  • Support the analysis of standard OFSAA LLFP (Loan Loss Forecasting and Provisioning) application and configure business metadata, data transformation and business rules for data processing.
  • Support the System Integration Test (SIT) and User acceptance test (UAT) to help access the requirement coverage of test cases to identify and log defects and propose corrective measures.
  • Partner with team members to develop project schedules, project plans, effort estimation for projects under agile and waterfall methodologies.
  • Collaborate with technology partners to help them understand business requirement and to help in automation processes on OFSAA and OAS platforms.
  • Define user manuals for end user applications and train business users to effectively operate applications and functionalities.


REQUIREMENTS:
  • Bachelor's degree in Business Administration, Management Information Systems (MIS), Computer Information Systems or Computer Science
  • Five (5) years of experience in any occupation with development, information technology experience, or related.
  • Five (5) years of experience in any occupation with development, information technology experience, or related must include:
  • Financial Services experience
  • OFSAA (Oracle Financial Services Analytical Applications) with knowledge of OFSAA GL (General Ledger) Reconciliation Framework
  • OFSAA LLFP (Loan Loss Forecasting and Provisioning) application
  • FSDF (Financial Services Data Foundation)
  • OAS (Oracle Analytics Server) Reporting
  • Oracle SQL (Structured Query Language),
  • AWS Redshift
  • ETL (Extract, Transform and Load)
  • Understanding of ODI (Oracle Data Integrator) capabilities
  • OFSAA Data Quality Framework
  • Master Data Management (MDM) - Ab Initio
  • Change Management Process (Service Now)
  • Control M schedule
  • Basic understanding of applications like Peoplesoft, Financial Application Hub, One Stream, AXIOM for Data Integration purposes
  • Excel formula-based analysis
  • Working in SDLC (Software Development Lifecycle) process from Gathering Business Requirements, design, support Development & SIT, support User Testing and Release process


SALARY:

$147,000 per year

Education

Work Experience

Certifications

Travel
Less than 25%

Workstyle
Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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