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Become A Business Analyst Associate

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Working As A Business Analyst Associate

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $94,930

    Average Salary

What Does A Business Analyst Associate Do At Goldman Sachs & Co.

* Develop and demonstrate acumen for capital markets, economics, and portfolio construction theory
* Assist with all facets of the team’s consultative services, including assisting with development, creation, and dissemination of client-facing content, and providing analytical support for various internal and client deliverables
* Deliver content via client calls, as well as internal calls, training sessions, and meetings
* Develop training modules and collateral to assist with educating GSAM sales personnel on new investment products or thematic product positioning initiatives
* Research and analyze market trends, competitor offerings and other inputs relevant to the positioning of existing offerings and development of new capabilities
* Leverage strong command of various systems and analytical tools (e.g., Morningstar, Bloomberg, FactSet, Lipper, Zephyr, Strategic Insight Simfund) to develop insightful reports and analyses to assist with sales and client retention
* Field data requests from senior management, sales force, portfolio management teams, marketing and client firms
* Occasional local travel

What Does A Business Analyst Associate Do At Kaiser Permanente

* Ensures impartial consideration of all information in developing decision alternatives.
* Assists with analysis and studies as requested.
* Assists with methodology and processes to set priorities for project scheduling.
* Monitors implementation.
* Assists in development, design, planning, facilitation, coordination, and use of management decision-making tools, monitoring tools, decision support models and work process analysis in operations and improvements.
* Communicates effectively through written reports, graphical representations, and oral presentations to leadership.
* Assists with data interpretation for decision making.
* Provides decision support and analysis to leadership.
* Participates in discussions related to projects and initiatives that require planning, research, analysis, and reporting.
* Assists teams through problem assessment phase to implementation of solutions.
* Facilitates meetings as needed.
* Collaborates with other key analysts to ensure integration and alignment

What Does A Business Analyst Associate Do At Jpmorgan Chase

* Compose the Business Requirements documentation required to enable development groups to build target state products, processes, and technology
* Perform impact analysis for business initiatives to determine key business groups that will consequently be required to undergo technical or operational process change
* Conduct gaps/differences analysis as required to determine degree of change emergent from business initiatives
* Conduct a thorough transition process to ensure that following the approval of Business Requirements, all functional groups across Operations, Technology, and Service units are clear and informed on what is required for their respective target state models to be determined.
* Review and approve target state documentation from functional groups required to conduct process, technical, or service change following the approved Business Requirements – examples being: Functional Requirements Document (FRD) for target state software functionality, Target Operating Model (TOM) documentation, Service Definition, Access Models, or Target On-boarding Process.
* During the performance of business testing and validation, ad-hoc consultation for any unique or unexpected scenarios arising.
* The target of the Business Analyst is to minimize this significantly by conducting a thorough transition to functional development groups during the Business Requirements phase

What Does A Business Analyst Associate Do At Commerce Bank

* Maintain financial and accounting records
* Prepare monthly and annual balance sheets, income statements, and portfolio statements
* Prepare disbursements in conjunction with client requests
* Provide client bill pay support and process requests on behalf of the client
* Provide financial status information by preparing special reports
* Post, process, and update journal entries for business and personal transactions
* Update accounts receivable and accounts payable invoices and statements
* Analyze and reconcile bank statements and general ledgers on a weekly and monthly basis
* Maintain and record depreciation and amortization schedules
* Maintain, record, and update regularly real and personal property fixed-asset schedules for insurance and governmental compliance purposes
* Provide payroll, payroll reporting, and withholding services for client employees
* Accept client requests through various forms of communication and process requests accordingly
* Identify problems, resolution, and communication with the highly sensitive client base
* Work closely and collaboratively with Family Office Advisors
* Display the ability to become familiarized with numerous complicated client relationships
* Other responsibilities as needed BA degree in Business or Accounting.
* Accounting experience required.
* Superior computer skills, including expertise in QuickBooks, Excel, and payroll processes.
* Ability to become proficient in Commerce internal financial programs (Trust Desk and Wealth Manager).
* Strong written communication skills.
* Detail oriented.
* Able to maintain organized records (both electronic and hard copy), manage multiple tasks, and be part of a team delivering complete and accurate client projects.
* Full-time.
* Competitive compensation and benefits.
* Located at our Clayton location.
* Time Type:
* Full timeJoin our winning team.
* If you’re looking for something more than just another job, we’re looking for you.
* We’re searching for people with a make-it-happen attitude who also want to make a difference.
* At Commerce Bank, we take the time to really get to know our customers.
* Then we work together to help them achieve their goals.
* It’s a great feeling.
* We are committed to always bringing our best, which means we are constantly looking for the best to join us.
* Does that sound like you?
* Our policy is to provide equal opportunity to all qualified candidates and employees without regard to gender, race or ethnic background, age, religion, sexual orientation, national origin, marital status, veteran status, disability or any other non-job related factors.
* We are committed to maintaining a drug- and alcohol-free workplace and candidates will be required to perform a pre-employment drug

What Does A Business Analyst Associate Do At Blackrock

* Analysis and Solution Definition_
* Understand and document project mission, direction, structure, business processes and requirements.
* Research and analyze client industry and competitive position.
* Assist in the collection and consolidation of information and data required for project delivery.
* Understand business issues and data challenges of client, project, and industry.
* Identify project strengths and weaknesses and suggests areas of improvement.
* Develop functional specifications and system design specifications for client engagements.
* Technical Recommendation and Testing_
* Understand technical design specifications.
* Design test cases and plans necessary to verify user interface and data interface specifications are met.
* Assist testing efforts when needed.
* Identify, report, track and resolve issues in a timely manner.
* Communicate requirements and changes to development team.
* Project Execution_
* Assist in enforcement of project deadlines and schedules.
* Understand and communicate the need for project standards and apply them consistently.
* Prioritize multiple tasks effectively.
* Understand the components of running a fiscally successful project.
* Manage resources in accordance with project schedule.
* Consistently delivers high-quality services to our clients.
* Communication_
* Assist in the facilitation of team and client meetings.
* Deliver informative, well-organized documentation and presentations.
* Communicate difficult/sensitive information tactfully.
* Problem Solving_
* Able to identify critical issues quickly.
* Exhibit confidence and knowledge of industry practices when solving business problems.
* Push creative thinking beyond the boundaries of existing industry practices and client mindsets.
* Client Management_
* Develop positive relationships with client personnel.
* Communicate with clients to identify needs and evaluate alternative business solutions with project management.
* Continually seek opportunities to increase customer satisfaction and deepen client relationships.
* Manage client expectations effectively

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How To Become A Business Analyst Associate

Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.

Education

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.

Analysts also routinely attend conferences to stay up to date on current developments in their field.

Licenses, Certifications, and Registrations

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Work Experience in a Related Occupation

Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology. 

Advancement

As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.

Important Qualities

Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.

Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.

Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals. 

Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.

Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

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Business Analyst Associate jobs

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Real Business Analyst Associate Salaries

Job Title Company Location Start Date Salary
Senior Business Analyst (Associate) Nomura America Services, LLC New York, NY Jul 03, 2016 $187,500
Senior Business Analyst (Associate) Nomura America Services, LLC New York, NY Jan 29, 2016 $124,000
Business Analyst, Associate Jpmorgan Chase &Amp; Co. New York, NY May 28, 2015 $120,000
Business Analyst Associate Manager Duck Creek Technologies LLC New Providence, NJ Oct 21, 2016 $118,000
Enterprise Risk Business Analyst, Associate MUFG Union Bank, N.A. San Francisco, CA Aug 03, 2015 $115,000
Business Analyst, Associate Jpmorgan Chase &Amp; Co. New York, NY May 19, 2014 $115,000
Business Analyst, Associate Jpmorgan Chase &Amp; Co. New York, NY May 20, 2014 $115,000
Business Analyst (Associate) SG Americas Securities, LLC New York, NY Sep 04, 2010 $110,000
Business Analyst (Associate, Project Manager) Morgan Stanley Smith Barney LLC New York, NY Oct 01, 2015 $102,000
Business Analyst Grade 601 Associate Jpmorgan Chase & Co. New York, NY Aug 24, 2015 $100,000
Business Analyst-Associate Jpmorgan Chase & Co. New York, NY Jul 07, 2014 $100,000
Business Analyst (Associate) Jpmorgan Chase & Co. Wilmington, DE Aug 06, 2015 $92,700
Business Analyst (Associate) JP Morgan Chase & Co Wilmington, DE Aug 25, 2015 $90,000
Enterprise Risk Business Analyst, Associate MUFG Union Bank, N.A. San Francisco, CA Aug 03, 2015 $90,000
Equities Technology Business Analyst-Associate Jpmorgan Chase & Co. New York, NY Jul 14, 2014 $90,000
Business Analyst Data Strategy-Associate Jpmorgan Chase & Co. New York, NY Sep 28, 2015 $88,000
Business Analyst-Associate Director The Advisory Board Company Austin, TX Jun 01, 2013 $84,975
Business Analyst (Associate Director, Supply Manag Nektar Therapeutics Huntsville, AL Feb 17, 2011 $81,600 -
$136,000
Business Analyst (Associate Director, Supply Manag Nektar Therapeutics San Carlos, CA Feb 17, 2011 $81,600 -
$136,000
Business Analyst-Associate Jpmorgan Chase & Co. Chicago, IL Sep 25, 2009 $75,559
Business Analyst (Product Marketing Associate) Yahoo! Inc. Sunnyvale, CA Feb 21, 2011 $73,600 -
$118,400
Business Analyst-Associate Cortland Capital Market Services, LLC Chicago, IL Sep 16, 2016 $70,000
Business Analyst, Associate Pacific Gas and Electric Company San Francisco, CA Sep 14, 2015 $64,210
Business Analyst/Management Associate LRN Corporation New York, NY Nov 08, 2016 $63,000
Business Analyst (Associate Brand Manager) Ubisoft Inc. San Francisco, CA May 09, 2011 $62,800 -
$82,915
Business Analyst Associate Professional Computer Sciences Corporation Fort Myers, FL Mar 10, 2015 $61,318
Business Analyst Associate Professional Computer Sciences Corporation Aliso Viejo, CA Sep 13, 2013 $60,341
Business Analyst, Senior Associate MSCI, Inc. Chicago, IL Oct 01, 2012 $59,446 -
$88,400
Business Analyst/Associate Qtech Solutions Inc. Piscataway, NJ Oct 01, 2010 $58,500

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Top Skills for A Business Analyst Associate

ProceduresBusinessProcessModelsComplianceTestPlansUATProjectManagementWebTestCasesUserAcceptanceSQLServerQASubjectMatterManagementSystemMicrosoftVisioSharepointDataAnalysisMatterExpertFunctionalRequirementsWindowsBusinessPartners

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Top Business Analyst Associate Skills

  1. Procedures
  2. Business Process Models
  3. Compliance
You can check out examples of real life uses of top skills on resumes here:
  • Developed a team for creating Business Process Procedures and Detailed Process Documentations.
  • Prepared Business Process Models that includes modeling of all the activities of the business from the conceptual to procedural level.
  • Validated customer balances for Shared National Credit reporting to ensure OCC compliance
  • Supported development projects by creating business specifications and test plans.
  • Developed the first scoring system (Social Media Equation) to quantify company s social media presence.

Top Business Analyst Associate Employers