IT Senior Business Analyst

Company Description

Israel Discount Bank of New York, also known by its registered service mark, “IDB Bank”, is a full service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). Our liquidity and capital ratios are strong, and we are ranked by Crain’s New York Business as the 14th largest commercial bank in the New York area.  the Bank provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category in accordance with applicable federal, state and local law.

Job Description

• Working with key Business Stakeholders & internal departments like Front Office, Operations, Compliance & IT teams to conduct requirement analysis
• Facilitating and leading result-oriented project meetings with optimum efficiency
• Defining & Documenting Current & Target state system flows, interface field mapping, data lineage and ETL specifications as per Bank’s SDLC standards
• Documenting meeting minutes and tracking all open action items to ensure on-time milestone delivery without lot of oversight by PM
• Identifying opportunities for process improvement and automation within banking operations
• Conducting data analysis and providing insights to support decision-making and strategic initiatives
• Providing ongoing support and troubleshooting for existing systems and processes
• Working with UAT Coordinator and participants to UAT Test cases and execution

#LI-Hybrid

Qualifications

• A strong communication skill is a MUST as this role will be facing all business areas of the bank
• Excellent writing skill to deliver technical specifications at granular level to the development team
• A strong understanding of commercial baking products, services and processes
• 10+ years in banking and financial services, with a focus on commercial banking products, services and processes
• 10+ years working as a Business Analyst in banking or related fields
• Proficiency in data analysis tools such as SQL, Excel and data visualization tools like Tableau or Power BI
• Writing specifications to build reports
• Familiarity with banking systems and technologies, including Core banking system, ACH/Wire payment processing, risk management, and compliance
• Able to work in a fast-paced environment with a diverse group of people, engaging with stakeholders to capture and prioritize business needs
• Attention to detail and ability to manage multiple tasks and priorities simultaneously
• Critical thinking and decision-making skills to evaluate alternatives and make recommendations
• Require minimal guidance in day-to-day activities and delivery
• Self-motivated with ever-growing attitude

Compensation:

The expected annual salary for this position is between $110,000 - $140,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Additional Information

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
• Victims of domestic violence, sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of th