Raymond James Financial, Inc

Principal Business Analyst - Enterprise Services

Raymond James Financial, Inc$100K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Computer Science, Information Technology, Finance, Business Administration, or a related discipline.
  • 10+ years of experience in a principal or lead business analyst role, ideally within financial services.
  • Strong expertise in requirements gathering, business process analysis, and documentation.
  • Proven ability to manage product backlogs and write User Stories with defined acceptance criteria.
  • Experience mentoring junior analysts and facilitating cross-functional discussions.

Responsibilities

  • Lead requirements gathering and documentation for enterprise integrations and API enhancements.
  • Translate business needs into functional requirements, user stories, and acceptance criteria.
  • Facilitate agile ceremonies including backlog refinement and sprint planning.
  • Collaborate with teams to design scalable API-based solutions and maintain integration documentation.
  • Develop functional test scenarios and support User Acceptance Testing (UAT).
  • Identify opportunities for process improvement and advocate for standardization and automation.

Benefits

  • Medical, dental, and vision coverage.
  • Life insurance and critical illness insurance.
  • Disability benefits and retirement savings.
  • Paid time off, including vacation, holidays, and sick leave.
  • Parental leave and flexible work arrangements.
Full Job Description
Job Description Summary
Enterprise Services is the strategic integration platform connecting business-critical applications across Wealth Management, Trading, Client Experience, Operations, and Enterprise Data.
With Enterprise Services adoption growing more we are seeking an experienced Principal Business Analyst to lead complex initiatives that enable scalable, secure, and resilient enterprise solutions.
In this highly visible role, you will partner with business leaders, architects, engineers, and enterprise data teams to deliver innovative solutions that support the firm's strategic priorities.

Job Description

This position follows a hybrid work model, with an expectation to be in the office 3 days per week at the St. Petersburg, FL Corporate Office location.

Please note: This role is not eligible for Work Visa sponsorship, either currently or in the future.

Responsibilities

Business Analysis & Solution Leadership
  • Lead requirements for discovery, analysis, and documentation for enterprise integrations, APIs, platform enhancements, and strategic initiatives.
  • Partner with business stakeholders to translate business needs into clear functional requirements, user stories, Product Backlog Items (PBIs), and acceptance criteria.
  • Facilitate backlog refinement, sprint planning, and cross-functional workshops to ensure alignment between business and technology teams.
  • Define business processes, business rules, SLAs, SLOs, and end-to-end functional scenarios.


Enterprise Integration & Data Analysis
  • Collaborate with Enterprise Services and Enterprise Data teams to design scalable API-based solutions.
  • Develop API specifications, interface contracts, data mapping documents, and source-to-target data lineage.
  • Analyze complex financial data using Oracle databases to support new functionality, production investigations, and root cause analysis.
  • Maintain integration documentation using the Apigee API Developer Portal and internal knowledge repositories.


Testing, Delivery & Continuous Improvement
  • Develop functional test scenarios and support User Acceptance Testing (UAT).
  • Validate business functionality before and after production deployments.
  • Support release planning, ServiceNow change management, and post-deployment validation.
  • Identify opportunities to improve business processes, reduce operational risk, and enhance delivery efficiency through standardization, automation, and comprehensive documentation.
  • Mentor junior analysts and promote Agile and business analysis best practices.


Skill: Strong knowledge of
  • Client assets and liabilities
  • Securities positions and portfolio accounting
  • Equities, fixed income, ETFs, mutual funds, options, structured products, alternative investments, and cash equivalents
  • Trade lifecycle, including execution, allocation, clearing, settlement, corrections, and post-settlement processing
  • Cost basis, tax lots, wash sales, corporate actions, realized and unrealized gains/losses
  • Performance reporting, benchmark reporting, portfolio analytics, and reconciliation
  • Financial reporting, operational controls, and regulatory initiatives


Required Experience
  • Bachelor's degree in Computer Science, Information Technology, Finance, Business Administration, or a related discipline.
  • 10+ years of experience as a Principal Business Analyst, Lead Business Analyst, Business Systems Analyst, Functional Analyst, Data Analyst, or similar role.
  • Experience within financial services, wealth management, brokerage, custody, clearing, asset management, or securities operations.


Business Analysis Skills
  • Expert in requirements gathering, business process analysis, and documentation.
  • Proven experience writing User Stories, managing product backlogs, and defining acceptance criteria.
  • Strong analytical and problem-solving skills with the ability to simplify complex business and technical challenges.
  • Experience facilitating cross-functional discussions and influencing stakeholders across multiple organizations.
  • Experience mentoring analysts and driving Agile delivery practices.


Preferred experience includes:
  • Advanced SQL, preferably Oracle
  • RESTful and SOAP API testing using Postman and SOAP UI
  • Azure DevOps (TFS), ServiceNow, Splunk (Nice to have)
  • Microsoft Excel (advanced formulas, pivot tables, lookups, macros)
  • Microsoft Office Suite, PowerPoint, Visio, Word, and Access
  • API integrations, JSON, XML, data validation, and log analysis
  • Data mapping, reconciliation, source-to-target validation, and data lineage
  • Experience with AI-powered productivity tools, generative AI, or low-code/no-code automation platforms
  • Exposure to Tableau, Power BI, Alteryx, Snowflake, Databricks, or similar analytics platforms is a plus


Education
Bachelor's: Business Administration, Bachelor's: Computer and Information Science, Bachelor's (Required)

Work Experience
General Experience - 10 to 15 years

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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