Business Analyst

COMPANY OVERVIEW

About Daybright Financial

Simply put, we are one of the nation’s largest independent, privately held firms specializing in employee benefits, retirement plans, and all their associated compliance needs. Since 2008, we have grown by acquiring over 60 local and national firms that have been trusted members of their communities for decades. We hold the coveted “Best Places to Work – USA,” certification and serve more than 22,000 employer groups and 3\.6 million plan participants nationally.

Daybright Financial also operates a dedicated independent divisional team,

Daybright Broker Solutions

, to further enhance the services, support, and marketing resources to grow the businesses of benefits brokers and consultants and enable professional employer organizations (PEOs) to bring more to the table for their clients — through the seamless delivery of Fortune 500-level health and financial wellness solutions.

For more information on Daybright Financial, visit

daybright.com

. Follow Daybright on

LinkedIn

,

Instagram

,

Facebook

, and

YouTube

.

Daybright is currently seeking a

Business Analyst

to join our

Private

Segment. Be part of a team of thought leaders and seasoned benefits and retirement planning professionals.

Job Description

We are seeking an experienced Business Analyst with a strong background in Financial Services or 401k recordkeeping to join our team. The Business Analyst will be responsible for analyzing business processes, identifying areas for improvement, and developing solutions to enhance operational efficiency and compliance within the financial sector. The ideal candidate should have a deep understanding of financial industry regulations, strong analytical skills, and experience in business process modeling.

Responsibilities

• Collaborate with stakeholders to gather and document business requirements, ensuring a thorough understanding of business needs and objectives within the Financial Services domain.
• Conduct detailed business analysis to identify gaps, inefficiencies, and opportunities for process improvement and automation.
• Develop and document business process models, workflows, and use cases using tools such as BPMN and MS Visio.
• Work closely with IT and development teams to translate business requirements into technical specifications and actionable tasks.
• Evaluate and recommend solutions that align with business objectives, ensuring compliance with financial industry regulations and standards.
• Facilitate workshops and meetings with business units to validate requirements and propose solutions.
• Perform data analysis to support business decisions, utilizing intermediate SQL skills for querying and reporting financial data.
• Create and maintain comprehensive documentation, including business requirements documents (BRDs), functional specifications, and process flow diagrams.
• Assist in the design, testing, and implementation of new processes, systems, and solutions, ensuring seamless integration with existing systems.
• Provide training and support to end-users, ensuring successful adoption and utilization of new systems and processes.
• Stay up-to-date with industry trends, regulatory changes, and best practices in Financial Services and 401k recordkeeping.

Required Skills/Experience

• 3\+ years of experience as a Business Analyst in the Financial Services industry or 401k recordkeeping.
• Strong understanding of financial industry regulations and compliance requirements.
• Proficiency in business process modeling and documentation using BPMN and MS Visio.
• Intermediate proficiency in SQL for data analysis and reporting.
• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Strong communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.
• Proven ability to translate complex business requirements into clear and concise technical specifications.
• Experience with project management methodologies and tools.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Ability to travel for some office visits.

Preferred Skills

• Experience with financial systems and platforms, including OnBase or similar ECM solutions.
• Knowledge of HTML, CSS, and XML for web form design and integration.
• Advanced SQL skills and experience with relational database management.
• Experience with data visualization tools and techniques.
• Certification in business analysis (CBAP, PMI-PBA, etc.) or related fields.