Business Analyst

Company Description

Illinois Tool Works Inc. (NYSE: ITW) is a global Fortune 200 diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. ITW, with approximately 14.5 billion dollars in global revenues, operates 8 major segments with businesses in 57 countries that employ approximately 49,000 women and men. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 16,000 active patents.

The heart and soul of ITW are the more than 48,000 hard-working and dedicated people around the world who thrive in the company’s decentralized entrepreneurial culture. ITW’s unique culture is an advantage, and the company is working hard to make sure that its divisions continue to think and act like smaller companies. ITW businesses have significant flexibility within the framework of the ITW Business Model to customize their approach to best serve their customers and maximize performance. The foundation of our company is the ITW Business Model, a unique and differentiated set of core capabilities and business practices that comprises three key elements: ITW’s 80/20 Front to Back Process, customer-back innovation, and a decentralized entrepreneurial culture.

ITW StampTech Fasteners, serves the major OEMs and their tier suppliers in the North American automotive market.  The division supplies stamped metal fasteners and engineered fastener assemblies that leverage our deep-draw stamping technologies.  The annual revenue for the division is approximately $170M.

The division drives profitability by leveraging its innovative solutions and application engineering.  In addition to ITW’s industry heading research and development capabilities, StampTech enhances our customers’ market advantage by:

• Maintaining advanced engineering and manufacturing facilities in N.A.
• Exchanging product, process, and benchmarking information with sister units worldwide.
• Continually improving processes, material, and designs to ensure every product exceeds customer specifications while providing unparalleled value.

Job Description

The Business Analyst’s role is to elicit, examine, specify, and validate the business needs of stakeholders, be they customers or end users. This includes interviewing stakeholders and gathering and compiling user requirements to understand the technology solutions they need. The Business Analyst will apply proven communication, analytical, and problem-solving skills to help the business make good technology decisions. The Business Analyst will also be proactive about working with the Division IT Manager and the broader Division Leadership Team to look for new technologies to optimize business processes. The Business Analyst will play a pivotal role in ensuring IT’s understanding of business requirements.

Strategy & Planning

Team up with project sponsors to create project scope and vision.

Clearly identify project stakeholders and establish their roles, duties, and characteristics

Conduct interviews to gather user requirements via workshops, questionnaires, surveys, site visits, workflow storyboards, use cases, scenarios, and other methods.

Identify and establish scope and parameters of requirements on a project-by-project basis to define project impact, outcome criteria, and metrics.

Work with stakeholders and project team to prioritize collected requirements.

Research, review, and investigate the effectiveness and efficiency of existing requirements-gathering processes and develop strategies for enhancing or further leveraging these processes.

Acquisition & Deployment

• Assist in conducting research on software and hardware products to meet approved requirements and to assist in purchasing efforts.
• Participate in the QA of purchased solutions to ensure features and functions have been enabled and optimized.
• Participate in the selection of any requirements documentation software solutions that the organization may opt to use.

Operational Management

• Evaluate and verify requirements for completeness, consistency, comprehensibility, feasibility, and conformity to standards and frameworks
• Develop and utilize standard templates to accurately and concisely write requirements specifications.
• Translate conceptual user requirements into functional requirements in a clear manner that is comprehensible to project team.
• Create process models, specifications, diagrams, and charts to provide to the project team and implementation resources
• Assist with the interpretation of user requirements into feasible options and communicate