IDB Invest Business Analyst Product External Consultant (PEC) – (1 Position)
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Location:
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Salary:negotiable / YEAR
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Job type:CONTRACTOR
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Posted:4 hours ago
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Category:
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Deadline:08/11/2024
JOB DESCRIPTION
IDB Invest Business Analyst Product External Consultant (PEC)
Location: United States of America
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $14.1 billion in asset management and 325 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
About this position:
We are currently seeking a Business Analyst to work closely with our business partners and information technology teams to document the end-to-end process of the Investment Funds product with the purpose of automating the monitoring of fund portfolios, performance and analytics of underlying assets.
The ideal candidate will have at least 3+ years of experience with the implementation of financial technology solutions. Using their expertise, problem-solving ability, and creative flair, the consultant will serve as the strategic and tactical interface for the purpose of aligning banking technologies with business requirements including and not limited to the following: strategy development, solution discovery, service management, risk management, process engineering, system integrations, and communication.
What you’ll do:
- Act as liaison between business units and IT to document and translate business requirements and needs.
- Produce business, functional, technical, and system design documentation.
- Document business processes using BPMN standards.
- Stablish partnerships with other stakeholders across the institution.
- Evaluate real-time data to identify systems processes.
- Provide support in the identification of issues, decision points, and risks arising from the evaluation of processes.
- Manage multiple stakeholder engagements and work with relevant team members to learn project requirements, facilitate process analysis sessions, and develop potential technology solutions.
- Analyze and consolidate information from the stakeholders to develop solutions to ensure business requirements are achieved.
- Partner with key stakeholders to identify how business requirements can be delivered to ensure improved user experiences and reduced cost and time impacts.
- Provide expert support to key stakeholders in managing system and process changes, train super users and prepare training materials.
- Provide expert advice on application solutions and identify project issues and risks, and present alternatives for alleviating or resolving them.
- Produce functional, technical and system design documentation.
- Develop technical documentation to comply with the internal control processes.
- Serve as liaison between end users and the technical support team.
Deliverables and Payments Timeline:
| Deliverable | Payment Percentage | Projected Date to Submit | Contract # |
| Business Onboarding | 5% | Week 1-2 | Contract 1 |
| Technology Onboarding | 5% | Week 3-4 | Contract 1 |
| Gather requirements with business SMEs | 35% | Month 2 – 10 | Contract 2 |
| Document business, functional, technical, and system design documentation following BPMN standards.
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35% | Month 2 – 10 | Contract 2 |
| Knowledge transfer – Produce training materials focused on the requirements gathered. | 10% | Month 11 | Contract 2 |
| Document and support the RFP documentation and process. | 10% | Month 12 | Contract 2 |
What you’ll need
- Education: bachelor’s degree in business administration, Industrial Engineering, Computer Sciences or related field, or equivalent. Master’s degree is a plus.
- Experience: At least 3 years of experience in business process analysis and design.
- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
- Learn continuously.
- Collaborate and share knowledge.
- Focus on clients.
- Communicate and influence.
- Innovate and try new things.
Other Skills:
- 2+ years of experience in implementing financial systems.
- 3+ years of business analyst experience.
- Experience within the banking industry.
- Extensive experience in process mapping and specification documentation
- Experience facilitating workshops and discussion sessions.
- Experience in developing, implementing, and maintaining system processes and procedures.
- Experience in creating business cases for technology-related solutions.
- Experience optimizing team performance through the advanced application of Agile and Design Thinking Methodologies.
- Strong ability of building and maintaining relationships with customers, clients, and colleagues.
- Active listener with the ability to think strategically, solve problems and negotiate.
- High level problem solving and analytical skills.
- Proficient MS Excel, Word, PowerPoint process modeling tools
Requirements:
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
Type of contract and duration:
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- Type of contract: Products and External Services Consultant (PEC), Lump Sum.
- Length of contract: 3.5 months
- Work Location: Residence consultant.
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $14.1 billion in asset management and 325 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
Follow us:
https://www.linkedin.com/company/idbinvest/
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