What is a Business Analyst?

What is a Business Analyst?

Business analysts act as a bridge between technology specialists and the wider business, and as employers become increasingly reliant on technology, demand for such positions is growing.

A business analyst is an expert that examines a business or organization and assesses how the organization’s business model integrates with technology. It is someone who analyses the organization and the design of technical systems, business models, processes and strategic business needs.

As a business analyst, you’ll help in implementing innovation processes, work on various projects and you will identify and analyze market opportunities for your clients. As a business analyst, you must comprehend the current state of a business organization and identify future requirements in the process. You must also develop solutions that’ll meet the requirements.

Business analysts always understand how businesses work and show good knowledge of the industry that the businesses operate in.

What does being a BA mean to you?

I came across this thread on LinkedIn titled — “What does being a BA mean to you?”.

The original post is:

“What does being a BA mean to you?

As someone very passionate about what I do, I will like to read and know how you feel being a BA (including Data, Systems, Infrastructure, … Analysts).

Please share your thoughts.”

And here are some of the responses:

“I think we BAs are lucky to be given the opportunity to have a job where we help people understand and describe problems they are facing, and then help them come up with solutions. We get to work with lots of different kinds of people, in mostly collaborative, rather than stupidly competitive, environments. We are also fortunate to work in a domain where there is lifelong learning.”

This one in particular resonates with myself:

“It is the breadth and variety of what we do (elicitation, facilitation, collaboration, listening, questioning, analysis, planning, organizing, documenting, illustrating, communicating, presenting, tracking, tracing) and who we work with (Sponsors, Business, Architects, Developers, Testers, Project Managers) that I enjoy most.

1 — Working with the business to understand and describe the problem and what is to be achieved,
2 — Collaborating with SMEs, Architects, and other analysts to define a solution for the problem,
3 — Organizing the requirements for the solution so that the development team can leverage them to build the solution, and making sure the team has a clear understanding of the requirements, and
4 — Ensuring that the solution that is built meets the needs of the business.

I enjoy being the liaison between business and developers.”

“ I enjoy the essential thrownness that every business problem presents, the hermeneutic turn in modeling inquiry, and the reification of aporia. When the client’s complete aporia is reified and made apparent to the client I feel that my whole obligation to the client has been fulfilled. This is not a profession for doormats or dolts.”

“BA work is beyond requirements, facilitations,collaboratiom etc…we wear many hats, depending on the need of the hour. The only piece so far , missing , is writing code. But, i am sure there are BA’s out there that have done that as well and tested it too,just to be sure…:)”

“As a BA, I’ve worn several hats. Requirements gatherer, facilitator, collaborator, data analyst, developer, unit tester, and so many others. It depends on the day and the client need.”

“hi, if you’re questioning BA role purely from emotional/feeling perspective, look at the role of someone who feels the pain of all parties impacted by a change as well as all players who make the change happened, feels the pain and has skills to balance it out providing rationale, information, illustrations, whatever it takes to influence balanced decision making”

“ We take an empty slate and populate it with deliverables. Sometimes we deliver the goods. Other times, team members deliver the goods. We ensure delivery is according to best practices — well defined plans, validation tests, documentation, coordination between teams and stakeholders, and sometimes we make pretty the deliverable that is at first not-so-pretty. Making delivery possible, orderly, and neat.”

About Senior Business Analyst Alastair Majury

I am a Chartered Member of CISI, which is the UK’s leading securities and investment professional body, and this highlights that I am at the pinnacle of professionalism in financial services. Across the world, and across industries, a personal Charter is recognised as a symbol of the peak of professionalism. Holding a Charter tells clients, colleagues and regulators that I have already demonstrated an outstanding commitment to achieving the highest levels of knowledge, skills and behaviour and that I am dedicated to maintaining this.

Alastair Majury Chartered MCSI

“Alastair built up a strong rapport as links between the Business and IT Developers. He certainly hit the ground running.

His appreciation of the whole picture from Business, Business Unit and Technical perspectives is exactly what was needed for the complex set of tasks, together with his ability to communicate with all parties at the appropriate level be it by phone, in meetings or by email. His emails are without fail, professional and clearly articulated, always answering everything raised and always managing expectations.

Although brief, it was good working with you and I have to say that your professional and reliable ways will be sorely missed. Thank you for leaving everything in the best possible state for our teams going forward.”

Heather Francis, Business Systems Analyst, Legal & General

“Working with Alastair was an absolute pleasure. His positive demeanour and ability to strategically deliver on projects made me continuously want to work with him. I worked with him on multiple projects, and he was able to deliver consistently despite any challenges encountered on the projects.

Alastair is an asset to any organization with his ability to interpret organizations objectives with clear and concise communication, direction and coaching to team mates. This also makes him a well rounded manager that can coach for performance and expedite tactical solutions.”

Vallicia Lowe, Senior Business Analyst, HSBC

“I had the pleasure of working with Alastair on gathering the required market data for a range of OTC derivatives from Geneva in order to model them in the Prime Source valuation platforms. He is an effective communicator who added value by offering suggestions on how to improve processes. I have no doubt that he would be a key member of any team.”

Amy Sanchez, Product Manager, STP, Prime Source, NYSE Euronext

“Alastair has good communication skills, maintained a professional approach to his tasks during busy periods, and if he advised that he would return information in a given time period, he did. Gained trust, and was considered reliable.
I wish Alastair well in his endeavours.”

Paul Farquhar, Head Client Services/Operations, Prime Source NYSE Euronext

“Alastair was a proactive team player who always looked to improve process. We increasing came to rely upon Alastair and his colleagues to provide exception management based support to our operations which was key to ensuring correct functioning of our derivative valuation function. Alastair approaches his role with a positive and constructive outlook and looks to affect changes and improvements in a positive fashion with the minimum of fuss.”

Denis Kissane, Global Head of Derivative Pricing and Risk Securities Services, HSBC

“Alastair provided detailed feedback on a business proposal and followed up effectively on behalf of the OTC Derivatives pricing group. His work was valued tremendously and he was very adept at working across functional groups.”

Manan N. Rawal, Senior Vice President — Market Risk Manager, HSBC

“I worked with Alastair on a major back book Mortgage migration programme and found him to be an extremely focussed individual, who can quickly apply his analytical skills to the task at hand.

Alastair is extremely well organised, can deal with multiple stakeholders (of differing seniorities) with no issues and is a very personable individual who finds it easy to build good working relationships with those he interacts with.

I’d certainly like to work with Alastair again and would recommend him as a potential asset to any project team.”

Terry Morland, Programme Level Business Analyst, Royal Bank of Scotland

Alastair Majury Chartered MCSI, is also a director of Majury Change Management Ltd is a highly experienced Senior Business Analyst / Data Scientist with a proven track record of success planning, developing, implementing and delivering migrations, organisational change, regulatory, legislative, and process improvements for global financial organisations, covering Retail Banking, Investment Banking, Wealth Management, and Life & Pensions.

For several years now, Alastair has worked extensively with a variety of financial institutions in order to offer the utmost comprehensive services. As a data scientist/business analyst, Alastair Majury Chartered MCSI is expected to find intuitive and sensible solutions to complex problems.

As a data scientist/business analyst, Alastair Majury Chartered MCSI has worked closely with several high-profile businesses, such as BNP Paribas, National Australia Bank, Standard Life and the Royal Bank of Scotland Group.​A graduate of University of Glasgow, Alastair Majury Chartered MCSI earned his M.A. in Economics with Business Economics. Since then, Alastair has undergone several training sessions and earned multiple certifications for a variety of skills. More specifically, he has earned certifications in IAQ, risk management, resource management, and a bevy of other areas. ​Alastair Majury thoroughly enjoys his work.

What excites him most about being a data scientist/business analyst is that every problem has a variety of solutions. This allows for a great deal of creativity on his part. Providing ingenious solutions to his customers’ problems provides a great deal of satisfaction to Alastair Majury Chartered MCSI. Every single day can be a new and challenging problem.​

Although he is a fierce and determined worker, Alastair also manages to find free time to embrace his hobbies and interests. Alastair is a major proponent of philanthropy and charitable endeavors. He constantly finds new and exciting ways to promote charities and philanthropic organizations in his community. He also tries to donate time and funds to said organizations whenever he can. Alastair Majury Chartered MCSI firmly believes that if we all work together towards a common goal, we can find peace.

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Alastair Majury

Alastair Majury

I am a Chartered Member of CISI, which is the UK’s leading securities and investment professional body. Alastair Majury resides locally in Dunblane.