A business analyst is involved in the preparation of the requirement documentation, analysis of the functional issues, supporting the project team throughout the project life cycle and successful delivery to the client. The basic skills which a business analyst aspiring for a BA job in the finance domain should have are:
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The finance domain as such is huge and has immense potential for the right candidate to grow. There are several subsets of the finance industry wherein you can be in the banking industry, financial services or the finance or accounts department of a user company. Wherever be the financial job role be, the functional knowledge required is broadly the same. The requirements include the basic knowledge of financial accounting and management, understanding of the primary KPIs(Key Performance Indicators) if required, basic knowledge of the operations in the front and the back offices of the financial organization.
A prospective business analyst in the financial domain should have be proficient and experienced in people management, good communication and leadership skills, excellence in project and change management. As a business analyst is a conduit between the users and the technical team, its vital that the BA has professional experience in handling such project teams and resources.
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