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Strategy Analyst

2 months ago

Newark, United States City National Bank Full time
Banking and Investment Services Division Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations
Our servicing and operations professionals partner closely with all our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization
Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses
WHAT IS THE OPPORTUNITY? Strategy & Transformation team plays an integral role in leading the strategic vision and execution of all Banking & Investment Service operations
The Business Process Analyst will support cross-functional business leaders to drive large scale transformation efforts across CNB
The Analyst will align closely with one or more B&IS teams and partner with team managers to plan, prioritize and deliver process enhancements; design and execute target operating model, and address risk and control gaps
The Analyst will facilitate this via due diligence discussions with stakeholders to gain in-depth understanding of their business strategy and products/services to identify and drive process improvements
This position requires both written and visual depictions of business process flows for moderate to complex projects
This individual must have the ability to access and interpret data to produce analytical insights for management decision making
What you will do Conduct thorough evaluation of current state processes via review of existing documentation, stakeholder interviews and walk-throughs, analytical research, and data analysis Analyze and measure the effectiveness of existing business processes and develop repeatable and quantifiable business process improvements Work collaboratively across the business functions to challenge current state processes, and test and develop innovative future state processes, while understanding and communicating upstream/downstream impact of proposed changes Coordinate with cross-functional teams to develop training plans, colleague and client communication strategy and documentation updates to ensure sustainability of enhanced processes and controls Create and maintain cross-organizational relationships to enable success for self and team Support development, implementation, and continuous improvement of tools, templates, and best practices that support process and control improvement activities Partner with process owners and process & product managers to identify and participate in process improvements activities to maximize efficiency, quality and customer experience Develop & maintain project tracking including status updates to stakeholders Develop and support analysis activities to assist tactical and strategic programs Contribute to ad-hoc assignments and special projects
Must-Have* Bachelor's Degree Finance, Business Administration or technology preferred Minimum 5 years of experience in Financial Services or Banking industries preferred Minimum 5 years of experience working in project-based roles Skills and Knowledge Excellent process management and problem-solving skills Efficient in contributing to business transformation initiatives Comfortable working in a constantly changing environment and managing people, process and technology updates Strong understanding of project management methodologies and procedures Excellent analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy Strong interpersonal, verbal, and written communication skills with the ability to navigate, facilitate, negotiate, and influence across stakeholders Advanced expertise in Microsoft Office Suite (required), including Microsoft, PowerPoint, Excel; preferably also Microsoft Visio Excellent time management, organizational, and prioritization skills and ability to balance multiple priorities Ability to work independently and in a self-directed manner Ability to interact with all levels of management