Business Analyst

Wedbush Securities
Los Angeles, CA Full Time
POSTED ON 7/13/2023 CLOSED ON 10/19/2023

Job Posting for Business Analyst at Wedbush Securities

Job Description:


Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions (ACaPS). Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Our Advanced Clearing & Prime Service division has an exciting opportunity for a Business Analyst to join the team. This role will work within the product team of ACAPS division and will be primarily responsible to perform the detailed analysis, gather business requirements and successful implementation of various projects. This position requires strong analytical and technical skills coupled with financial services experience to deliver solid end results to stakeholders. This is a hybrid role. LA or SF preferred, open to other locations.

Responsibilities include, but are not limited to:

  • Define business requirements, user stories and appropriate deliverables in collaboration with business users and stakeholders
  • Lead ongoing reviews of business processes, develop optimization strategies, and present findings
  • Analyze and verify business requirements for completeness, accuracy, comprehensibility, scalability, and conformity to best practices
  • Translate business user requirements into user stories for a technical team
  • Work closely with the Client-Onboarding team to onboard new broker/dealer clients
  • Work with vendor and in-house teams to build system functionality needed to service existing clients
  • Provide innovative solutions to solve business problems in a fast-paced environment
  • Develop and execute user acceptance test plan
  • Lead testing efforts and approve deployment after conducting successful stress testing, volume testing or unit testing as applicable.
  • Ensure that issues are identified, tracked, reported and resolved in a timely manner
  • Develop and manage deployment plans with the solution delivery team
  • Establish, build, and maintain working relationships with stakeholders, team members, vendors, and other departments as needed
  • Encourage team work and enable effective collaboration
  • Perform other tasks and duties as required and assigned

Required Experience:
  • Bachelor's Degree from an accredited university, preferably in Computer Science, Accounting, Finance or other related fields
  • Minimum 2 years of business analyst experience preferably in the financial services industry (Securities broker/dealer, clearing firm, banking, mortgage)
  • Knowledge of Software Development Life Cycle, Agile Development, SQL, Workflow Design, Quality Assurance and Testing, drafting Business Requirements
  • Excellent time management skills
  • Strong analytical skills and problem-solving skills to help research and troubleshoot the problem efficiently and effectively
  • Excellent communication skills, both verbal and written
  • Upbeat attitude to accept challenges and ability to perform under pressure
  • Strong commitment to provide quality results to external as well as internal clients
  • Self-motivated with the ability to lead projects with minimal supervision
  • Ability to execute projects successfully from start to completion
  • Ability to work effectively on multiple projects and manage the workload based on priority

From: Wedbush Securities
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Salary.com Estimation for Business Analyst in Los Angeles, CA
$80,355 to $102,154
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