Senior Business Analyst

Senior Business Analyst – Data & Compliance Location: Onsite – Springfield, Illinois Role Overview We are seeking a highly skilled Senior Business Analyst – Data & Compliance to support discovery and requirements definition for a large-scale regulatory system modernization initiative. This role plays a critical part in bridging business stakeholders, technical delivery teams, and compliance functions, ensuring that data usage patterns, business rules, and regulatory obligations are fully documented, validated, and preserved as part of system transformation efforts. The ideal candidate has deep experience operating in regulated, data-driven environments and excels at translating complex operational and compliance requirements into clear, testable documentation. Key Responsibilities Requirements Gathering & Business Validation Lead stakeholder workshops and interviews to capture current-state business processes, data usage patterns, reporting dependencies, and workflows Analyze legacy systems, manual processes, and reports to identify embedded business rules and data dependencies Validate findings with business users to ensure accuracy, completeness, and operational alignment Translate business needs into clear, traceable, testable requirements that support downstream technical design Stakeholder Coordination & Communication Serve as the primary liaison between business users, technical teams, compliance partners, and leadership Plan, schedule, and facilitate discovery workshops with appropriate SMEs and decision-makers Manage stakeholder expectations by clearly communicating scope, assumptions, risks, and dependencies Provide regular status updates and proactively escalate risks or gaps Business Rule & Data Documentation Document detailed business logic, including validation rules, transformation logic, calculations, and exception handling Identify and externalize business rules embedded in applications, reports, and spreadsheets Define data ownership, stewardship responsibilities, and governance practices Ensure documentation is structured and usable for both technical and non-technical audiences Compliance & Data Sensitivity Assessment Partner with compliance, legal, and information security teams to identify and classify sensitive data, including PII Document applicable state and federal regulatory requirements and internal data protection standards Define data handling, retention, access, and protection requirements for current and future environments Support risk assessments by identifying compliance gaps and recommending mitigation strategies Key Deliverables Business Requirements Documentation capturing current-state processes, data usage, business rules, and reporting dependencies Stakeholder workshop summaries including decisions, assumptions, risks, and action items Data governance and compliance documentation outlining data ownership, PII inventory, retention policies, and security classifications Business validation artifacts including test scenarios, acceptance criteria, reconciliation logic, and expected outcomes Required Qualifications Bachelor’s degree in Business, Information Systems, Data Analytics, or related field 7+ years of Business Analyst experience supporting data-centric or system modernization initiatives Strong background in requirements elicitation, stakeholder facilitation, and documentation Solid understanding of data governance, data quality, and compliance concepts Experience working in regulated environments Excellent written and verbal communication skills Preferred Qualifications Experience with data migration, legacy modernization, or enterprise reporting Familiarity with compliance frameworks such as HIPAA, NIST, or SOC Experience working closely with architects, data engineers, and QA teams Knowledge of Agile or hybrid delivery methodologies