Business Analyst | Digital Banking at Popular, Inc. in San Juan, PR, US

Apply for the Business Analyst | Digital Banking position at Popular, Inc. in San Juan, PR, US. Find the best jobs for you effortlessly with InJob.AI, your ultimate solution for job search. Discover top job opportunities and streamline your job search process.

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Job Description

<h3>Business Analyst | Digital Banking</h3><p>At Popular, we offer a wide variety of services and financial solutions to serve our communities in Puerto Rico, United States & Virgin Islands. As employees, we are dedicated to making our customers' dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions, and strongly support the communities we serve; therefore, we value their diverse skills, experiences, and backgrounds.</p><p><strong>Are you ready for a rewarding career?</strong></p><p>Over 8,000 people in Puerto Rico, United States, and Virgin Islands work at Popular. Come and join our community!</p><h3>General Description</h3><ul><li>The Business Analyst is responsible for analyzing and modeling existing business processes and application functionalities. The goal of business process analysis is to understand and document current business procedures and application functionalities and identify areas for improvement. Is also responsible for evaluating proposed features and improvements received from other business units for our managed applications. The BA will create an impact analysis including possible ROI / Savings to be used as supporting documentation for prioritization decisions for our feature backlog.</li><li>The Business Analyst is responsible for the integrity of the requirements from beginning to end. The redaction and validation of the user stories and the definition of done in each sprint; uses modeling tools to document the current state of business processes as well as the desired future state in the form of requirements, user stories, and activity diagrams. The business analyst is responsible for the knowledge transfer of business implications to the application/database developers, Product Owners, Quality Assurance Analysts, and project managers. Will also include metrics embedded into every new initiative and is responsible for having those metrics included in divisions analytics for the ongoing feature performance monitoring.</li></ul><h3>Essential Duties and Responsibilities</h3><ul><li>Design and support business solutions.</li><li>Understand and interpret business requirements and translate them into technical solutions.</li><li>Develop a strong understanding of the end-to-end reporting processes, including production critical path and dependencies on associated business processes, to identify gaps and opportunities for improvements and then specify changes.</li><li>Ensure adherence to development standards to ensure fit for purpose solutions delivered that are robust and where necessary scalable.</li><li>Elicit User Stories – Conduct interviews, workshops, focus groups, brainstorming, observations, and surveys/questionnaires with stakeholders to determine the requirements needed for a new project.</li><li>User Stories Handshake – Coordinate and document the acceptance and understanding of all stakeholders including the vendors with the Business Requirement Document.</li><li>Gain a detailed understanding of current capabilities, gaps, and opportunities for streamlining efficiencies and improving customer experience. Help create competitive differentiation for Popular Inc.</li></ul><h3>Supervisory Responsibilities</h3><p>This Job has no supervisory responsibilities but in special circumstances may lead the work of others.</p><h3>Education</h3><ul><li>Bachelor’s degree in Computer Science, Information Technology, or Business Administration.</li></ul><h3>Experience</h3><ul><li>At least 3 years of Banking experience in either Business Analysis, Data/Analytics, Product Management, or Operations.</li></ul><h3>Certifications / Licenses (Nice to have)</h3><ul><li>Business Analyst Certification</li><li>PMP</li><li>Microsoft Certified Professional (MCP)</li></ul><h3>Other Qualifications</h3><ul><li>Proficient in planning discovery activities, mapping business processes, eliciting requirements, and writing user stories.</li><li>Strong written and verbal communication skills and proficiency of MS Office suite is a must – in particular in Visio, Excel, Word, and PowerPoint.</li><li>Excellent knowledge of Scrum, Agile, SAFe, DevOps, and technology such as Jira and Confluence.</li><li>Salesforce implementation experience across the whole Software Development Lifecycle (SDLC) is a plus.</li><li>Experience in managing projects and cross-functional initiatives is a plus.</li><li>Experience working with development teams is required.</li></ul><h3>Values</h3><ul><li>Passion for People</li><li>Succeed Together</li><li>Own Every Moment</li><li>Build the Future</li></ul><h3>Additional Requirements</h3><p>The information provided here is only a general guide as to the nature of the position and does not constitute an exact description of the goals, tasks, duties, and responsibilities of the position. The specific details of each position are described in the employee’s performance evaluation.</p><p><strong>Important:</strong> The candidate must provide evidence of academic preparation or courses related to the job posting if necessary.</p><p>If you have a disability and need assistance with the application process, please contact us at asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.</p><p>As Puerto Rico’s leading financial institution, we reaffirm our commitment to always offer essential financial services and solutions for our customers, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.</p><p>Popular is an Equal Opportunity Employer. Learn more about us at <a href='http://www.popular.com' target='_blank'>www.popular.com</a> and keep updated with our latest job postings at <a href='http://www.jobs.popular.com' target='_blank'>www.jobs.popular.com</a>.</p><p><strong>Connect with us!</strong></p><p><strong>Job Segment:</strong> Business Process, QA, Management, Quality</p>

AI Powered Job Insights

A Business Analyst position in Digital Banking has opened at Popular, Inc., a prominent financial institution based in San Juan, PR. This role is pivotal for those looking to impact business processes and application functionalities within the banking sector. Candidates who are passionate about enhancing customer experience and driving improvements will find this opportunity rewarding.

📍 Location: San Juan, PR  
💼 Position: Business Analyst | Digital Banking  
⏰ Type: Hybrid  
📅 Date Posted: May 10, 2024  

Role Summary:  
- The Business Analyst will analyze and model existing business processes  
- Responsible for requirement integrity from beginning to end  
- Create impact analyses for proposed operational changes  
- Elicit user stories through various stakeholder interactions  

What You'll Do:  
- Design business solutions and translate requirements into technical specifications  
- Conduct workshops and interviews to discover and document business needs  
- Collaborate with teams to ensure adherence to development standards  
- Incorporate metrics to monitor feature performance  

What's Needed:  
- Bachelor's degree in Computer Science, IT, or Business Administration  
- At least 3 years of banking experience in relevant roles  
- Familiarity with Agile, Scrum, SAFe methodologies  
- Proficient in tools like Visio, Excel, Jira, Confluence  
- Experience with Salesforce implementation is a plus  
- Strong communication and project management skills  

This position offers great potential for those looking to thrive in a dynamic banking environment and contribute to meaningful changes within Popular, Inc.

Top Interview Questions

  • Q: Can you describe your process for gathering and validating business requirements?

    A: My process for gathering requirements involves collaborating with stakeholders through interviews and workshops to understand their needs. I then document these requirements in a Business Requirement Document (BRD) to ensure clarity. To validate, I conduct a 'User Stories Handshake' session where stakeholders review and confirm their acceptance of the requirements, ensuring everyone is aligned before development begins.

  • Q: How do you approach business process analysis, particularly when identifying areas for improvement?

    A: I approach business process analysis by first mapping out the existing processes using tools like Visio. I engage with stakeholders to understand current pain points and gaps. By analyzing these processes against key performance indicators, I can identify inefficiencies. I then recommend process redesign or automation solutions that align with business objectives, ensuring that proposed changes drive measurable improvements.

  • Q: Describe a situation where you had to balance competing priorities from different stakeholders. How did you handle it?

    A: In one project, I faced conflicting priorities from two business units regarding the implementation of new features. I organized a joint meeting where both parties could express their needs and concerns. By facilitating a discussion focused on the overall business impact and ROI, I helped them reach a compromise. I then prioritized the features by creating a value versus effort matrix, allowing us to focus on high-impact tasks that aligned with our strategic goals.

  • Q: What tools and methodologies do you use to ensure project deliverables meet quality standards?

    A: I utilize Agile methodologies, particularly Scrum, to manage project deliverables. I ensure quality by incorporating Continuous Integration/Continuous Deployment (CI/CD) practices. Tools like Jira and Confluence help track progress and documentation. Additionally, I work closely with Quality Assurance Analysts to establish testing criteria and ensure that metrics for performance are set early and reviewed continuously throughout the project lifecycle.

  • Q: How do you ensure effective communication and knowledge transfer between business units and technical teams?

    A: To ensure effective communication, I foster an environment of collaboration through regular cross-functional meetings and updates. I create comprehensive documentation, including user stories and process diagrams, which are shared on platforms like Confluence. I also encourage feedback throughout the development lifecycle to address any misunderstandings promptly. This iterative approach helps bridge the gap and ensures that technical teams fully grasp the business implications of what they are building.

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