What are the responsibilities and job description for the Senior Business Analyst position at SoTalent?
Job Title: Senior Business Analyst
Location: Chicago, IL
Type: Full Time
Our client, a leading financial services organization, is seeking a Business Analyst to join their team and drive strategic insights, product innovation, and risk management initiatives.
Position Overview
The Business Analyst will play a key role in analyzing data, identifying opportunities, and delivering recommendations that improve performance across product, marketing, and credit risk functions. This role involves collaborating with cross‑functional teams, developing models, and supporting new strategies that enhance customer experience and business outcomes.
Key Responsibilities
- Conduct analysis to identify business challenges and recommend solutions.
- Support product development and pricing strategies through modeling and analytics.
- Contribute to marketing initiatives by building insights that inform customer experience and go‑to‑market strategies.
- Enhance credit risk performance by developing risk models, analyzing consumer trends, and testing hypotheses.
- Lead execution efforts including problem framing, hypothesis testing, solution development, and implementation planning.
- Collaborate with IT, Sales, Operations, and Finance to improve quality, service, and profitability.
- Communicate complex ideas effectively and influence stakeholders through clear written and verbal communication.
- Maintain a results‑oriented approach, driving both short‑term and long‑term goals in a dynamic environment.
Basic Qualifications
- Bachelor’s degree in a quantitative discipline (Business, Economics, Finance, Mathematics, Statistics, Engineering, or related field).
- Minimum 1 year of experience in business analysis or related analytical work.
Preferred Qualifications
- Master’s degree in Business or a quantitative discipline (Finance, Economics, Math, Statistics, Engineering, Physical Sciences).
- Experience in statistical modeling, market research, and SQL querying.
- 2 years of experience in business analysis.
- Prior consulting experience is a plus.