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For Companies At a Glance
- Tasks: Map FCA terminology and PSD definitions to our data model while ensuring accuracy and compliance.
- Company: Join a forward-thinking company focused on aligning data with regulatory standards.
- Benefits: Enjoy flexible work options, collaborative culture, and opportunities for professional growth.
- Why this job: Be at the forefront of data management, making a real impact on business decisions and compliance.
- Qualifications: Experience with FCA and PSD, strong analytical skills, and excellent communication abilities required.
- Other info: This role is crucial for adapting to future regulatory changes and enhancing data integrity.
The predicted salary is between 36000 - 60000 £ per year.
Business Analyst – Product Sales Data Role
Job Overview
The role of a Business Analyst in the Product Sales Data team involves a critical responsibility of mapping FCA (Financial Conduct Authority) terminology and PSD (Product Sales Data) definitions to the company\’s data model. This role requires a strategic approach to designing a data mapping technical solution that is adaptable to accommodate future requirements.
Key Responsibilities
- Data Mapping: Translate FCA terminology and PSD definitions into the company\’s existing data model. Ensure that these mappings are accurate, comprehensive, and reflect the current standards and regulations.
- Technical Solution Design: Develop a robust data mapping solution that can adapt to future changes in regulations or business needs. This involves creating a scalable and flexible architecture that can incorporate new data elements or modify existing ones with minimal disruption.
- Collaboration: Work closely with cross-functional teams, including IT, compliance, and product management, to ensure the data mapping meets all technical and regulatory requirements.
- Documentation and Reporting: Maintain detailed documentation of data mappings, processes, and updates. Provide regular reports to stakeholders on the status of data mapping projects and any potential impacts on the business.
- Quality Assurance: Conduct thorough testing and validation of data mappings to ensure accuracy and compliance. Implement quality control measures to detect and resolve data discrepancies.
Required Experience and Skills
- Experience with FCA and PSD: Demonstrated experience in working with FCA terminology and PSD definitions. Understanding of regulatory requirements and their implications on data management.
- Analytical Skills: Strong analytical and problem-solving skills. Ability to analyse complex data sets and draw meaningful insights that inform decision-making.
- Communication and Collaboration: Excellent communication skills, both written and verbal. Ability to work collaboratively with diverse teams and convey technical information to non-technical stakeholders.
- Attention to Detail: Keen eye for detail and accuracy in data mapping and documentation.
Conclusion
The role of a Business Analyst in Product Sales Data is pivotal in ensuring that the company\’s data model is aligned with regulatory requirements and is prepared for future changes. The ability to map FCA terminology and PSD definitions accurately, design adaptable technical solutions, and work collaboratively across teams are essential to the success of this role.
Business Analyst employer: Taylor Hall Recruitment
Contact Detail:
Taylor Hall Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst
✨Tip Number 1
Familiarize yourself with FCA terminology and PSD definitions. Understanding these concepts deeply will not only help you in the interview but also demonstrate your commitment to the role.
✨Tip Number 2
Showcase your analytical skills by preparing examples of how you've successfully analyzed complex data sets in the past. Be ready to discuss specific challenges you faced and how you overcame them.
✨Tip Number 3
Highlight your experience in collaboration. Prepare to share instances where you worked with cross-functional teams, especially in a regulatory context, to emphasize your teamwork and communication skills.
✨Tip Number 4
Demonstrate your attention to detail by discussing your approach to quality assurance in data mapping. Be prepared to explain how you ensure accuracy and compliance in your work.
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Business Analyst in the Product Sales Data team. Familiarize yourself with FCA terminology and PSD definitions to demonstrate your knowledge in your application.
Tailor Your CV: Customize your CV to highlight relevant experience with FCA and PSD. Emphasize your analytical skills, attention to detail, and any previous work that involved data mapping or regulatory compliance.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the role and how your skills align with the company's needs. Mention specific examples of your experience with data mapping and collaboration with cross-functional teams.
Highlight Communication Skills: Since excellent communication is key for this role, ensure your application reflects your ability to convey complex information clearly. Provide examples of how you've successfully communicated technical details to non-technical stakeholders.
How to prepare for a job interview at Taylor Hall Recruitment
✨Understand FCA and PSD Terminology
Make sure you have a solid grasp of FCA terminology and PSD definitions. Be prepared to discuss how these concepts relate to data mapping and the implications they have on regulatory compliance.
✨Showcase Your Analytical Skills
Prepare examples that demonstrate your analytical and problem-solving abilities. Discuss how you've previously analyzed complex data sets and the insights you derived from them.
✨Emphasize Collaboration Experience
Highlight your experience working with cross-functional teams. Be ready to share specific instances where you successfully collaborated with IT, compliance, or product management to achieve a common goal.
✨Attention to Detail is Key
Illustrate your attention to detail by discussing your approach to quality assurance in data mapping. Provide examples of how you've ensured accuracy and compliance in your previous roles.
