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  • Business Analyst - Gurgaon - AlgorithmX

    AlgorithmX
    AlgorithmX Gurgaon

    3 weeks ago

    Default job background
    Description

    Job Description:

    As a Business Analyst, you will be responsible for conducting requirement gathering sessions with clients to understand high-level business models. You will perform Fit-Gap analysis and refine business requirements based on stakeholder input and market research.

    Key Responsibilities:

    1. Requirement Engineering and Analysis:
      Conduct requirement gathering sessions with clients through interviews, workshops, and brainstorming sessions to understand high-level business models. Perform Fit-Gap analysis and refine business requirements based on stakeholder input and market research. Document and analyze requirements to ensure alignment with business goals.
    2. Strategic Market and ROI Analysis:
      Conduct market research, competitive analysis, and user needs assessments to define product vision and roadmaps. Analyze project performance and ROI to identify opportunities for maximizing profitability and resource optimization. Perform SWOT analysis to evaluate strengths, weaknesses, opportunities, and threats for both the company and its projects.
    3. Documentation and Process Design:
      Create and manage critical documentation, including: Business Requirement Documents (BRD), Functional Requirement Documents (FRD), Software Requirements Specifications (SRS), Requests for Proposal (RFP), Request for Information (RFI), and Request for Quotes (RFQ). Develop flow diagrams, data flow diagrams (DFD), user journeys, wireframes, and prototypes using tools like Figma and Draw.io. Prepare Work Breakdown Structures (WBS) and project roadmaps to streamline workflows.
    4. Agile Project Management:
      Manage product backlogs, prioritize features, and oversee sprint planning and execution using tools like JIRA. Lead agile ceremonies such as sprint planning, daily stand-ups, retrospectives, and sprint reviews. Collaborate with cross-functional teams to ensure seamless delivery of projects.
    5. User Experience and Product Design:
      Design and refine user personas, user journeys, mind maps, and wireframes to deliver user-centric applications. Create prototypes and mockups to visualize and validate design concepts before development. Collaborate closely with UI/UX teams to ensure alignment with business and user expectations.
    6. Client and Stakeholder Collaboration:
      Serve as the primary point of contact for clients, ensuring smooth communication and satisfaction throughout the project lifecycle. Facilitate workshops and presentations to keep stakeholders informed and aligned. Manage client expectations and ensure project deliverables meet business objectives.
    7. Risk and Change Management:
      Evaluate the impact of change requests on project scope, cost, and timelines. Proactively identify risks and develop mitigation strategies to ensure project continuity. Ensure business and technical requirements remain intact during project execution.
    8. ROI and Performance Monitoring:
      Define KPIs and metrics to measure project success and company ROI. Conduct post-project analysis to evaluate outcomes, profitability, and areas of improvement. Provide actionable insights to improve processes, reduce costs, and increase revenue.

    Skills and Qualifications:

    • Core Competencies:
      Proven experience in requirement engineering, process modeling, and documentation. Strong expertise in creating BRD, FRD, SRS, flow diagrams, and wireframes. Exceptional analytical and problem-solving skills, including SWOT and ROI analysis. Advanced knowledge of Agile methodologies, sprint planning, and backlog management. Proficiency in tools like JIRA, Figma, Draw.io, and Microsoft Office Suite.
    • Preferred Skills:
      Proficiency in SQL for data analysis and reporting. Experience with UX/UI design tools and prototyping techniques. Certifications in Business Analysis (CBAP, PMI-PBA) or Agile methodologies (Scrum Master).

    What We Offer:

    • Competitive salary with performance-based incentives.
    • Opportunities for career growth and professional development.
    • A collaborative, innovative, and fast-paced work environment.
    • The chance to make a significant impact on the company's profitability and growth.

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