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 Business Analyst at  UMB Bank
Business Analyst
@
UMB Bank

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Posted on: 
May 25, 2023
Views count:
124

Summary of the Business Analyst job at UMB Bank

UMB Bank is hiring a Business Analyst with 5 - 10 years of experience. Based in United States - Ogden, UT and with Onsite ways of working. The expected salary range for this role is $60,795 - $86,835
About UMB Bank

UMB Financial Corporation is a leading provider of financial services for individuals and institutions. Bank deposit products provided by UMB Bank n.a., Member FDIC. Equal Housing Lender. For additional disclosures and information, view our Privacy Statement and Legal Terms and Conditions found on www.umb.com.

Business Analyst - Job Role & Responsibilities

Duties & Responsibilities

  • Analyze business processes/workflows to identify business objectives and requirements
  • Identify, analyze, and document business, product, and process requirements, including but not limited to business requirement documentation (functional, non-functional, user), use case scenarios, process flows, and test script development
  • Maintain business requirements and changes to the requirements are captured and documented throughout the Project Management Lifecycle
  • Communicate requirements to various stakeholders, including but not limited to, business unit members, development team members, quality assurance team members and other stakeholders as needed
  • Conduct assessment of proposed solutions to identify risks and related business impacts as well as some financial and technical impacts
  • Itemize and communicate assumptions and constraints to stakeholders, as identified in the analysis process
  • Prepare estimates, to establish project timelines and milestones
  • Communicate project task/activity milestones to Project Managers and project teams
  • Collaborate with Project Managers, business units and vendors to complete project deliverables and milestones in applicable phases of the Project Management Lifecycle
  • For some projects, the Business Analyst may serve as the project leader, coordinating the analysis, design, construction, testing, and implementation phases of the project
  • Participate in the implementation strategy and planning process
  • Provide thorough service to stakeholders on multiple projects while working to meet deadlines
  • Stay current with UMB Business and Technology Strategies to identify and evaluate technology opportunities which may enhance a current or upcoming project
  • Facilitate knowledge transfer, communication and interaction between various functional organizations and the MIS department
  • Follow all design guidelines and integration testing procedures, change control procedures and practices when performing required work
  • Prepare detailed functional specifications for development activities, including reports, interfaces, conversions, enhancements and forms
  • Perform testing activities (unit and integration), including test plan creation and data and test execution, in conjunction with other functional team leads
  • Participate in technical and business process issue tracking, management and resolution
  • Validation of testing as well as validation of production implementations
  • Provide post-production implementation support
  • Participate as requested in development of user training
  • Work directly with user groups, technical associates and vendors in error analysis to resolve application problems
  • Configure various system definition tables
  • Maintain expertise in several business areas
  • Other duties as assigned
Business Analyst - Job requirements

Knowledge & Skills

MINIMUM

  • Demonstrates organizational and time management skills
  • Demonstrates strong analytical, problem solving and multi-tasking skills.
  • Demonstrates oral, written and interpersonal communication skills
  • Demonstrates ability to express complex technical concepts in business terms
  • Demonstrates ability to work independently, but also perform as a team player
  • Demonstrates strong customer service attitude and ambition to maintain consistently high levels of customer service
  • Demonstrates ability to identify, develop and initiate innovations and solutions where precedents and procedures may not exist
  • Demonstrates ability to work effectively on cross-functional project teams to solve problems and implement changes
  • Demonstrates an in-depth understanding of the purpose and operations of the lines of business supported
  • Demonstrates networking skills
  • Demonstrates leadership skills and the ability to build consensus across departments regarding complex solutions and/or issue resolution
  • Demonstrates a working knowledge of the Project Management Life Cycle

Preferred

  • Demonstrates ability to apply project management methodology to small scale projects when called upon
  • Demonstrates a working knowledge of effective testing techniques and procedures
  • Demonstrates an understanding of application and database development concepts
  • Demonstrates ability to develop and effectively deliver group presentations regarding product and technical information

Requirements

MINIMUM

  • Five (5) to Seven (7) years of relevant work experience
  • Five (5) years of Project Management, Business Analysis or similar experience
  • Bachelor’s Degree in MIS, Computer Science, Accounting, Finance or Business Administration, or equivalent work experience

Preferred

  • Experience with SQL and other report writing tools
What we offer at UMB Bank

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Compensation Range

Minimum $60,795.00 - Mid Point $86,835.00

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Average business analyst salary in the Financial industry is $109,047.
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UMB Bank

UMB Bank

is hiring

Business Analyst

Website:
Posted on: 
April 1, 2024

About Our Company

UMB Financial Corporation is a leading provider of financial services for individuals and institutions. Bank deposit products provided by UMB Bank n.a., Member FDIC. Equal Housing Lender. For additional disclosures and information, view our Privacy Statement and Legal Terms and Conditions found on www.umb.com.

Job Description & Responsibilities

Duties & Responsibilities

  • Analyze business processes/workflows to identify business objectives and requirements
  • Identify, analyze, and document business, product, and process requirements, including but not limited to business requirement documentation (functional, non-functional, user), use case scenarios, process flows, and test script development
  • Maintain business requirements and changes to the requirements are captured and documented throughout the Project Management Lifecycle
  • Communicate requirements to various stakeholders, including but not limited to, business unit members, development team members, quality assurance team members and other stakeholders as needed
  • Conduct assessment of proposed solutions to identify risks and related business impacts as well as some financial and technical impacts
  • Itemize and communicate assumptions and constraints to stakeholders, as identified in the analysis process
  • Prepare estimates, to establish project timelines and milestones
  • Communicate project task/activity milestones to Project Managers and project teams
  • Collaborate with Project Managers, business units and vendors to complete project deliverables and milestones in applicable phases of the Project Management Lifecycle
  • For some projects, the Business Analyst may serve as the project leader, coordinating the analysis, design, construction, testing, and implementation phases of the project
  • Participate in the implementation strategy and planning process
  • Provide thorough service to stakeholders on multiple projects while working to meet deadlines
  • Stay current with UMB Business and Technology Strategies to identify and evaluate technology opportunities which may enhance a current or upcoming project
  • Facilitate knowledge transfer, communication and interaction between various functional organizations and the MIS department
  • Follow all design guidelines and integration testing procedures, change control procedures and practices when performing required work
  • Prepare detailed functional specifications for development activities, including reports, interfaces, conversions, enhancements and forms
  • Perform testing activities (unit and integration), including test plan creation and data and test execution, in conjunction with other functional team leads
  • Participate in technical and business process issue tracking, management and resolution
  • Validation of testing as well as validation of production implementations
  • Provide post-production implementation support
  • Participate as requested in development of user training
  • Work directly with user groups, technical associates and vendors in error analysis to resolve application problems
  • Configure various system definition tables
  • Maintain expertise in several business areas
  • Other duties as assigned

Requirements

Knowledge & Skills

MINIMUM

  • Demonstrates organizational and time management skills
  • Demonstrates strong analytical, problem solving and multi-tasking skills.
  • Demonstrates oral, written and interpersonal communication skills
  • Demonstrates ability to express complex technical concepts in business terms
  • Demonstrates ability to work independently, but also perform as a team player
  • Demonstrates strong customer service attitude and ambition to maintain consistently high levels of customer service
  • Demonstrates ability to identify, develop and initiate innovations and solutions where precedents and procedures may not exist
  • Demonstrates ability to work effectively on cross-functional project teams to solve problems and implement changes
  • Demonstrates an in-depth understanding of the purpose and operations of the lines of business supported
  • Demonstrates networking skills
  • Demonstrates leadership skills and the ability to build consensus across departments regarding complex solutions and/or issue resolution
  • Demonstrates a working knowledge of the Project Management Life Cycle

Preferred

  • Demonstrates ability to apply project management methodology to small scale projects when called upon
  • Demonstrates a working knowledge of effective testing techniques and procedures
  • Demonstrates an understanding of application and database development concepts
  • Demonstrates ability to develop and effectively deliver group presentations regarding product and technical information

Requirements

MINIMUM

  • Five (5) to Seven (7) years of relevant work experience
  • Five (5) years of Project Management, Business Analysis or similar experience
  • Bachelor’s Degree in MIS, Computer Science, Accounting, Finance or Business Administration, or equivalent work experience

Preferred

  • Experience with SQL and other report writing tools

What we offer

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Compensation Range

Minimum $60,795.00 - Mid Point $86,835.00

Apply now

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