What Does An Analyst Lead Do?

When compared to other jobs, Analyst Lead careers are projected to have a faster than average growth rate of 0.09% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more is that the projected number of opportunities that are predicted to become available for a Analyst Lead by 2028 is 56,000.

Analyst Leads typically earn $78,875 annually, which breaks down to $37.92 an hour. However, Analyst Leads can earn anywhere from upwards of $64,000 to $97,000 a year. This means that the top-earning Analyst Leads make $33,000 more than the lowest-earning ones.

Maybe you're a current Analyst Lead looking for a new opportunity, or maybe you're entertaining the notion of becoming a Analyst Lead and want to see how it compares to similar jobs. We've compiled extensive information on becoming a Business Systems Senior Analyst, Senior Applications Analyst, Contractor-Business Analyst, and Senior Operations Analyst just so you can compare. But more on how these roles compare to a Analyst Lead later.

Analyst Lead Traits
Analytical skills
Analytical skills have to do with gathering information from various sources and then interpreting the data in order to reach a logical conclusion that benefits the business.
Creativity
Creativity involves thinking about a task or problem in an entirely new or different light.
Communication skills
Communication skills shows that you are able to relay your thoughts, opinions and ideas clearly to those around you.

Analyst Lead Job Description

Here are the duties and responsibilities that an Analyst Lead is likely to perform in their role.

  • Manage all phases of Agile/Scrum solutions testing; including requirements definition, design, architecture, testing, and support.
  • Manage and design SharePoint as a pseudo-admin.
  • Develop a mainframe system (COBOL II/DB2) to convert inbound interface files to a common PeopleSoft format.
  • Provide all documentation for installation and setup procedures for desktop and server networking products.
  • Create new and modify existing batch and online DB2 programs.
  • Serve as conversion lead for DDA and savings using COBOL & CICS.
  • Create PL/SQL store procedures, functions and packages for moving the data from staging area to data-mart.
  • Coordinate the efforts of technical teams of varying sizes to work with business analysts, DBA's and QA testers.
  • Perform QA on various proprietary software applications platform using test case simulations, to ensure proper debugging and functional software code.
  • Design and code changes in microfocus COBOL (UDB) to for request business processing needs/enhancements.

Analyst Lead Skills and Personality Traits

We calculated that 9% of Analyst Leads are proficient in Business Requirements, Financial Statements, and Data Entry. They’re also known for soft skills such as Analytical skills, Creativity, and Communication skills.

We break down the percentage of Analyst Leads that have these skills listed on their resume here:

  • Business Requirements, 9%

    Developed merchandising rule sets to generate high-volume of quality floor/ space plans needed to consistently meet various business requirements.

  • Financial Statements, 8%

    Assisted external auditors with completion of audit of financial statements while maintaining a good business relationship on behalf of Citigroup.

  • Data Entry, 7%

    Managed the quality control of these databases by implementing standard operating procedures in data entry and maintenance.

  • Pl/Sql, 5%

    Worked extensively with hierarchical and relational databases using PL/SQL.

  • Ensure Compliance, 5%

    Audit foreclosure reviews to ensure compliance with internal and governmental procedural requirements.

  • Test Cases, 5%

    Analyzed requirement specifications, prepared test scenarios and test cases.

Additionally, Analyst Leads have more skills than just Business Requirements, Financial Statements, and Data Entry. Read about their personality traits here:

  • Arguably the most important personality trait for an Analyst Lead to have happens to be Analytical skills. Analysts must interpret complex information from various sources and decide the best way to move forward on a project. A Analyst Lead can use Analytical skills to Defined and managed highly complex business requirements and provided analysis toward operational efficiency and drove change within the organization.
  • While it may not be the most important skill, having Creativity as an Analyst Lead is still essential. Because analysts are tasked with finding innovative solutions to computer problems, an ability to “think outside the box” is important. This example is just one of many ways Analyst Leads are able to utilize Creativity: "Developed processes and related documentation to report inventory and accounts receivable assets from five business units with data on three platforms."
  • Analyst Leads are also known for Communication skills, which can be critical when it comes to performing their duties. Analysts work as a go-between with management and the IT department and must explain complex issues in a way that both will understand. An example of how this skill is put to the test is, "Established contact with borrowers to determine the best Loss Mitigation option based on financial analysis and through communication."
  • Over half of Analyst Leads have graduated with a bachelor's degree. In fact, it seems 45.0% of people who became a Analyst Lead earned a bachelor's degree. When it comes down to graduating with a master's degree roughly 30.8% in this career have them. If you're wanting to pursue this career, it seems it may be possible to be successful with a high school degree. In fact, most Analyst Leads have a college degree. But about one out of every eight Analyst Leads didn't attend college at all.

    Those Analyst Leads who do attend college, typically earn either a Business degree or a Finance degree. Less commonly earned degrees for Analyst Leads include a Computer Science degree or a Accounting degree.

    Once you've graduated with your degree, you're ready to tackle the world as an Analyst Lead. But where to start? Generally, Analyst Leads are hired the most by Citi, ABSOLUTE SOLUTIONS GROUP, and Kforce. Currently, Citi has 12 Analyst Lead job openings, while there are 4 at ABSOLUTE SOLUTIONS GROUP and 4 at Kforce.

    If you're in it for the money, you'll want to apply for positions at Citi, The Bank of New York Mellon, and Adobe as that's where Analyst Leads seem to make the most money. Let's take a closer look. At Citi, the average Analyst Lead salary is $129,105. Whereas at The Bank of New York Mellon, Analyst Leads earn roughly $128,636. And at Adobe, they make an average salary of $125,758. Before you get too excited over those salary numbers, you should make sure that securing a job at these companies is doable. For example, while Citi has 12 job listings for Analyst Leads, The Bank of New York Mellon and Adobe have 4 and 0 job listings respectively.

    The most prestigious Analyst Leads can be found working at Accenture Federal Services, Verizon, and Science Applications International .. We determine this by assessing the schools where Analyst Leads have earned their degrees, and then looking at the companies that have hired a significant number of Analyst Leads from the top 100 educational institutions in the United States.

    In general, Analyst Leads fulfill roles in the Finance and Professional industries. While employment numbers are high in those industries, the salaries for Analyst Leads are the highest in the Finance industry with $83,526 as the average salary. Meanwhile, the Technology and Transportation industries only pay $77,810 and $77,435 respectively. This means that Analyst Leads who are employed in the Finance industry make a whopping 13.7% more than Analyst Leads who work in the Manufacturing Industry.

    The three companies that hire the most prestigious graphic designers are:

      How an Analyst Lead Compares to a Business Systems Senior Analyst

      A Business Systems Senior Analyst is responsible for determining which technological upgrades and installations will improve the efficiency of a business. They monitor project progress through tracking activity, resolving problems, and recommending necessary actions.

      Let's see how Business Systems Senior Analyst compares. We'll first look at the salary differences. On average, Business Systems Senior Analysts are paid $18,637 higher than Analyst Leads per year.

      Even though Analyst Leads and Business Systems Senior Analysts have vast differences in their careers, the skills required to do both jobs are similar. Just as an example, both careers require Business Requirements, Pl/Sql, and Test Cases in the day-to-day roles.

      The overlapping skill sets may be the only thing these two roles have in common, as there are some key differences. For example, an Analyst Lead is more likely to have skills in Financial Statements, Data Entry, Ensure Compliance, and Analytics. Meanwhile a typical Business Systems Senior Analyst has skills in areas such as Sequence Diagrams, UML, ERP, and Scrum. This difference in skills reveals how truly different these two careers really are.

      Business Systems Senior Analysts tend to make the most money in the Health Care industry by averaging a salary of $99,385. In contrast, Analyst Leads make the biggest average salary of $83,526 in the Finance industry. That's quite a difference.

      The education of Business Systems Senior Analysts is a bit different than the education of Analyst Leads in that they tend to reach higher levels of education. A 5.9% of Business Systems Senior Analysts are more likely to graduate with a Master's Degree. Additionally, they're 1.3% less likely to earn a Doctoral Degree.

      How an Analyst Lead Compares to a Senior Applications Analyst

      Next up to compare are Senior Applications Analysts, which typically earn a higher pay of roughly $21,483 higher than Analyst Leads per year.

      A similarity between the two careers of Analyst Leads and Senior Applications Analysts are the skills associated with both roles. The similar skills include Business Requirements, Pl/Sql, and Test Cases.

      While some skills are similar, others aren't. For example, a Analyst Lead requires skills like Financial Statements, Data Entry, Ensure Compliance, and Analytics. But your average Senior Applications Analyst will need skills, such as, Web Application, Workflow, Setup, and ASP. This is where the differences really kick in.

      It's been discovered that Senior Applications Analysts earn higher salaries compared to the other career, but we wanted to find out where Senior Applications Analysts earned the most pay. The answer? The Professional industry. The average salary in the industry is $110,219. In contrast, Analyst Leads earn the highest paychecks in the Finance with an average salary of $83,526.

      When it comes to education, Senior Applications Analysts tend to reach similar levels of education than Analyst Leads. In fact, they're 0.9% less likely to graduate with a Master's Degree and 1.3% less likely to earn a Doctoral Degree.

      How an Analyst Lead Compares to a Contractor-Business Analyst

      Coming in at the third comparison is Contractor-Business Analysts. On an average scale, these workers bring in higher dough than Analyst Leads with a higher pay of $9,805 per year.

      Analyst Leads and Contractor-Business Analysts both have similar skills such as Business Requirements, Financial Statements, and Data Entry, but they differ in skills past that.

      Some important key differences between the two careers are the other skills necessary to get the job done. For example, a Analyst Lead is likely to be skilled in Pl/Sql, Windows XP, Analytics, and Mainframe, whereas a Contractor-Business Analyst is skilled in Stakeholders, ERP, Status Reports, and Subject Matter.

      When it comes down to education, Contractor-Business Analysts tend to reach similar levels than Analyst Leads. Especially since they're 2.3% less likely to earn a Master's Degree, and 0.3% less likely to graduate with a Doctoral Degree.

      How an Analyst Lead Compares to a Senior Operations Analyst

      Next up off the bench for comparison are Senior Operations Analysts. In this career, workers tend to earn a higher pay than Analyst Leads by about $1,354 per year.

      While both Analyst Leads and Senior Operations Analysts complete day-to-day tasks using similar skills like Business Requirements, Financial Statements, and Ensure Compliance, the two careers also vary in other skills.

      Even though their skill sets overlap, there are some key differences that are important to note. For one, a Analyst Lead tends to have more use for skills like Data Entry, Pl/Sql, Test Cases, and Windows XP. Meanwhile, a typical Senior Operations Analyst makes use out of skills like New Procedures, Data Integrity, Subject Matter, and Key Performance Indicators. The difference in skills between the two professions really shows how different the two are.

      Senior Operations Analysts tend to earn a higher salary in the Finance industry with an average of $82,625.

      When it comes to education, these two careers couldn't be more different. For example, Senior Operations Analysts typically reach similar levels of education than Analyst Leads. So much so that the likelihood of them earning a Master's Degree is 1.4% less. Additionally, they're less likely to earn a Doctoral Degree by a whopping 0.9%.