Sr. Business Analyst Job at RIT Solutions, Inc. in Chicago

Title: Sr. Business Analyst Location: onsite position in Chicago, IL, or Milwaukee, WI or Evansville, IN Duration: 6 - 12 months + (Potential for extension) Interview Mode: video Job Description: We are looking for a Sr. BA with at least 6+ years of experience and Finance/ Banking domain experience. This BA needs strong experience with Regulatory and Compliance/ Risk management. Experience with Basel III, Dodd-Frank, or GDPR is required. Top Desired Skills: 1. Big Banking Background 2. Experience with Regulatory initiatives (GLBA, SOX, Basel III, Dodd Frank, etc.) 3. Background in Writing requirements for Data Team Job Summary: We are seeking a highly skilled and experienced Business Analyst to join our team at [Big Bank Name]. This role is pivotal in driving the strategic and regulatory initiatives across our organization. The ideal candidate will possess a deep understanding of the financial services industry, with a focus on regulatory compliance, data analysis, and technology implementation. You will work closely with senior leadership, including C-suite executives, to ensure our regulatory and data management strategies align with business goals. Key Responsibilities: • Regulatory Compliance & Risk Management: • Conduct in-depth analysis of regulatory requirements (e.g., Basel III, Dodd-Frank, GDPR) and their impact on the organization's business processes. • Collaborate with Compliance, Legal, and Risk Management teams to ensure alignment with current and upcoming regulatory changes. • Support the development and implementation of policies, procedures, and controls to comply with industry regulations. • Data Analysis & Management: • Leverage advanced data analytics to extract insights, drive decision-making, and optimize business processes. • Work with data teams to design and implement data governance frameworks that ensure data accuracy, consistency, and compliance. • Analyze complex data sets to identify trends, patterns, and opportunities for strategic improvements. • Technology & Systems Integration: • Lead the analysis, design, and implementation of technology solutions that support regulatory compliance and business objectives. • Collaborate with IT teams to enhance systems, tools, and platforms that improve data management and reporting capabilities. • Evaluate new technologies and platforms, providing recommendations for adoption and integration. • Stakeholder Management & Communication: • Engage with C-suite executives and other senior stakeholders to present findings, provide strategic recommendations, and drive project alignment. • Develop and deliver high-impact presentations, reports, and dashboards to communicate complex data and regulatory insights effectively. • Foster strong relationships with internal teams, clients, and external partners to ensure project success. Education: • Bachelor's degree in Finance, Business Administration, Data Science, Computer Science, IT or a related field. A Master's degree or relevant certifications (e.g., CFA, FRM, CBAP) is a plus. Desired Experience: • 5+ years of experience in business analysis within the financial services industry, with a strong focus on regulatory compliance, data analytics, and technology. • Proven track record of working with C-suite executives and senior stakeholders. • Experience in banking, financial services, or Big 4 consulting firms is highly desirable. Skills: • Regulatory Expertise: In-depth knowledge of banking regulations, compliance frameworks, and industry best practices. • Data Analysis: Proficiency in data analysis tools (e.g., SQL, Python, R, Tableau, Power BI) and strong understanding of data governance. • Technology Savvy: Familiarity with banking technologies, data management platforms, and system integration. • Communication: Exceptional verbal and written communication skills, with the ability to present complex information clearly and concisely. • Project Management: Strong organizational and project management skills, with the ability to manage multiple initiatives simultaneously. • Problem-Solving: Analytical thinker with a proactive approach to identifying and solving business challenges. Nice to have: • Experience with Agile or Scrum methodologies. • Knowledge of risk management and financial modeling. • Certification in business analysis (CBAP, PMP, or similar).