Business Analyst III - SRC-IT

Company

Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System.

It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government.

The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

Job Summary:

Possesses and applies comprehensive knowledge of information technology to assist project managers on highly complex projects by facilitating business process improvement via the methodical investigation, analysis, review and documentation of all or part of a business in terms of business functions and processes related to the Supervision & Regulation business line.

This position will be responsible for managing the requirements development process through the elicitation, analysis, specification and verification of multiple levels of requirements (business, stakeholder, solution) and support the ongoing management of the requirements.

In addition, this position creates viable and consumable specifications including acceptance criteria in preparation for the sign-off, construction and testing of solutions.

This position is expected to act independently to deliver and manage requirements to schedule, budget and scope; and is self-driven and motivated.

What You Will Do:


* Works on highly complex, high risk, and high visibility projects.


* Works with the program and other project managers to evaluate cross-project requirements in order to eliminate redundancy.


* Build the foundation for a highly complex project effort by capturing the business context - problem, current state, desired future state, objectives, business needs and impacted user groups.


* Develop requirements (business, user, process and software requirements - functional and non-functional) and establish traceability to the business vision.


* Manage the requirements through the project lifecycle by establishing and maintaining agreements between the customer and the project team.


* Facilitate a critical communications role by interacting with users (business domain), project team members and development personnel (technical domain).


* Ensure the requirements are specified in a manner suitable for the intended audience and are understandable, unambiguous and capable of being implemented and tested.


* Ability to navigate the project team, IT personnel and business sponsors through a level of ambiguity including business process change; building organization and structure to requirements to drive out and define detailed requirements in an efficient manner.


* Work with the project manager and the business customer(s) to define requirements stakeholders, requirements conflict resolution pr...