Business Analyst

2 months ago


Vancouver, Canada Spring Financial Inc. Full time

**About us**:
Since 2014, Spring Financial has been simplifying the lending process for millions of Canadians facing all types of financial circumstances. Spring offers a growing range of financial products and services which currently include personal loans, mortgages and secured loans - all of which are made available to Canadians without having to visit a branch

**NOTE: This is a full-time, permanent, on-site position in Downtown Vancouver.**

**There is a hybrid option after 6 months of employment* (4 days in-office, 1 days WFH)**

As a Business Analyst at Spring Financial, you will play a crucial role collaborating with cross-functional teams, including product development, engineering, and data analytics, to gather and analyze business requirements, identify opportunities for improvement, and contribute to the overall success of our current products and future products.

**Key Responsibilities**:

- **Requirements Gathering**:

- Conduct interviews, surveys, and workshops with stakeholders to elicit, document, and prioritize business requirements.
- Translate business needs into detailed functional and technical requirements.
- **Business Process Analysis**:

- Analyze and map existing business processes to identify inefficiencies and areas for improvement.
- Develop process models and workflow diagrams to document current and future state processes.
- **Documentation**:

- Create comprehensive documentation, including business requirements documents (BRDs), product requirements documents (PRDs), functional specifications, use cases, user stories, and process flows.
- Maintain accurate and up-to-date documentation throughout the project lifecycle.
- Document and report post delivery analytics data such as statistics on Cx behavior, results of new enhancements or projects.
- **Communication and Collaboration**:

- Collaborate with IT, development teams, and stakeholders to design and implement effective business solutions.
- Organize and lead grooming sessions to review and refine the product backlog.
- Ensure that user stories are well-defined, clear, and ready for development.
- Facilitate discussions to clarify requirements, acceptance criteria, and dependencies.
- Ensure that proposed solutions align with business objectives and requirements.
- **Testing and Validation**:

- Review detailed test plans, test cases, and test scripts based on business requirements and functional specifications.
- Coordinate and conduct User Acceptance Testing (UAT) with stakeholders to ensure that the delivered solutions meet the agreed-upon requirements.
- Facilitate UAT sessions, including preparing UAT environments, scheduling testing sessions, and managing test execution.
- Record and track UAT results, document defects, and work with development teams to resolve issues.
- Obtain formal sign-off from stakeholders upon successful completion of UAT, ensuring that all business requirements are satisfactorily met.
- **Stakeholder Communication**:

- Act as a liaison between business units, technology teams, and support teams to ensure clear and consistent communication.
- Facilitate meetings and presentations to keep stakeholders informed of project status, risks, and issues.
- **Project Support**:

- Provide ongoing support for implemented solutions, including troubleshooting, issue resolution, and enhancements.
- Monitor solution performance and suggest improvements as needed.
- **Training and Support**:

- Develop training materials and conduct training sessions for end-users to ensure effective adoption of new systems and processes.
- Provide post-implementation support to resolve any issues and ensure a smooth transition.
- **Risk Management**:

- Identify and document potential risks and issues throughout the project lifecycle.
- Develop and implement mitigation strategies to minimize project risks.
- **Continuous Improvement**:

- Participate in continuous improvement initiatives to enhance business processes and systems.
- Stay current with industry trends, best practices, and emerging technologies to recommend innovative solutions.
- **Compliance and Standards**:

- Ensure that all business analysis activities comply with organizational standards, policies, and procedures.
- Adhere to industry standards and best practices for business analysis and project management.

**What You Should Already Have**:

- Bachelor's degree in Business, Finance, Computer Science, or related field.
- Proven experience as a Business Analyst in the fintech industry, with a focus on financial services
- Strong analytical and problem-solving skills, with the ability to translate business needs into actionable requirements.
- Excellent communication and interpersonal skills.
- Experience with data analysis tools and methodologies such as AGILE, Jira, Confluence.
- Knowledge of fintech industry trends and consumer lending products.

This is a truly exciting time to join Spring Financial and we are looking forward to doing great thin


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