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Data Product Business Analyst

DriveWealth is a global B2B financial technology organization focused on democratizing access to financial independence. The Data Product Business Analyst will support strategic enhancements to drive scalability and efficiency on the Brokerage-as-a-Service platform.

Skills

  • Data modeling
  • ETL processes
  • SQL
  • Google Analytics
  • Tableau

Responsibilities

  • Drive data management activities focusing on data definitions and sourcing strategies
  • Collaborate with IT and data engineering teams to design data models
  • Document and analyze data workflows and processes
  • Develop detailed process flows and data mappings
  • Translate data requirements into actionable user stories
  • Write test cases to ensure functionality aligns with expectations

Education

  • Bachelor's degree in a related field
  • Certifications in business analysis or data analytics preferred

Benefits

  • Competitive medical, dental, and vision insurance
  • Unlimited paid time off
  • 16 weeks of paid parental leave
  • Pre-tax commuter benefits
  • $2,500 for continued education and personal development
  • Hybrid work experience
To read the complete job description, please click on the ‘Apply’ button
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CEO of DriveWealth
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Robert Cortright
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Average salary estimate

$145000 / YEARLY (est.)
min
max
$130000K
$160000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Data Product Business Analyst, DriveWealth

At DriveWealth, we're on a mission to democratize access to financial independence, and we're looking for a Data Product Business Analyst to join our innovative team in New York, New York. In this exciting role, you'll be at the forefront of our product development efforts, collaborating with diverse teams such as product managers, engineers, and designers to optimize our platform enhancements. Your analytical prowess will shine as you work to define and document business requirements, ensuring that our solutions are well-structured and effectively executed. Dive deep into our data management activities, engage with key stakeholders to assess current needs, and develop actionable strategies that align with our business goals. Not only will you support data workflows and migrations, but you'll also use your expertise in analytics to identify trends and recommend improvements. At DriveWealth, we celebrate creativity and exploration, and we’re committed to building a team that reflects diverse experiences and perspectives. If you're a self-motivated individual with a knack for problem-solving and a passion for technology, we would love to have you aboard as we scale our Brokerage-as-a-Service platform. Come help us shape the future of finance!

Frequently Asked Questions (FAQs) for Data Product Business Analyst Role at DriveWealth
What are the responsibilities of a Data Product Business Analyst at DriveWealth?

As a Data Product Business Analyst at DriveWealth, your responsibilities encompass driving data management activities, collaborating with IT and data engineering teams to design data models, documenting and analyzing data workflows, and supporting product owners in defining product roadmaps. You'll also leverage your analytical skills to assess success metrics and recommend process improvements based on your findings.

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What qualifications do I need to apply for the Data Product Business Analyst position at DriveWealth?

To successfully apply for the Data Product Business Analyst position at DriveWealth, candidates should possess 3-5 years of experience in a similar role, with a strong focus on data migrations and analytics-driven product work. Familiarity with SQL, ETL tools, and data analysis tools like Tableau and Snowflake is also preferred. Additionally, preferred certifications in business analysis or data analytics can enhance your application.

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What skills are essential for a Data Product Business Analyst at DriveWealth?

Critical skills for a Data Product Business Analyst at DriveWealth include strong analytical capabilities, excellent communication and documentation skills, attention to detail, and the ability to manage multiple projects efficiently. Candidates should also have a proactive problem-solving mindset to identify opportunities for process improvements and scalability.

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How does the role of Data Product Business Analyst impact DriveWealth's product offerings?

The role of Data Product Business Analyst significantly impacts DriveWealth's product offerings by ensuring that business requirements are well-defined and executed. By optimizing data workflows and collaborating with cross-functional teams, you'll directly contribute to enhancing our product capabilities and expanding our services to a broader partner base.

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What is the work environment like for a Data Product Business Analyst at DriveWealth?

As a Data Product Business Analyst at DriveWealth, you'll work in a dynamic and collaborative environment that blends the energy of a tech start-up with the significance of a Wall Street firm. The company promotes diversity and inclusion while encouraging creativity and experimentation. The role involves a hybrid work experience, allowing flexibility for in-office and remote work.

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Common Interview Questions for Data Product Business Analyst
Can you explain your experience with data migrations as a Data Product Business Analyst?

When answering this question, provide specific examples from your past experiences, highlighting the processes you implemented and challenges you overcame. Detail the tools and methodologies you used to ensure successful data migrations and how your contributions benefited the project overall.

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How do you prioritize tasks when managing multiple workstreams?

In your response, discuss your organizational skills and any tools you use to track projects. Provide examples of how you have prioritized tasks in previous roles, emphasizing your ability to adapt to shifting priorities while maintaining a focus on the end goals.

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What approach do you take for documenting data requirements?

To effectively answer this question, describe your documentation process, such as using user stories and functional specifications. Explain how you work with stakeholders to capture their needs accurately and ensure that documentation aligns with the overall product objectives.

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How would you approach assessing success metrics for a product feature?

Share your understanding of key performance indicators (KPIs) relevant to the product and how you analyze data to assess the effectiveness of features. Highlight statistical analysis techniques you’ve used in the past to identify trends and inform strategic decisions.

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Can you give an example of a time when you identified a process improvement opportunity?

Provide a concrete example of a situation where you pinpointed inefficiencies in existing processes. Describe the steps you took to address the issue, your recommendations for improvement, and the positive impact your solutions had on the team's productivity or the project's success.

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How do you ensure that development aligns with expected functionality?

Discuss your experience in writing test cases and how you collaborate with developers and testers to validate product functionalities. Emphasize your attention to detail and the role of communication in ensuring that the final product meets or exceeds expectations.

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What tools have you used for data analysis, and how do they enhance your work?

Highlight specific tools you're familiar with, such as SQL, Tableau, or Snowflake, and explain how you leverage them in your day-to-day work. Provide examples of how these tools have enhanced your data analysis capabilities and improved decision-making processes.

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Describe how you handle feedback from stakeholders.

Emphasize your receptive attitude toward feedback and your commitment to continuous improvement. Highlight experiences where you actively solicited input from stakeholders and adjusted your approach based on their insights. This shows your collaborative approach and dedication to meeting team expectations.

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How do you keep up with industry trends and advancements in data analysis?

Talk about your proactive approach to learning, such as following industry blogs, participating in webinars, or joining professional organizations. Mention specific areas of interest within data analysis that you’re passionate about and how staying informed has informed your work.

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What motivates you to work in the financial technology sector?

Share your passion for technology and finance, discussing how you believe financial technology can empower individuals and drive change. Describe specific aspects of DriveWealth's mission that resonate with you and inspire your enthusiasm for the role.

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Recently completing a Series D raise with a $2.85B valuation, DriveWealth’s mission is to democratize investing globally by working with partners to invent new ways to use its API-based technology to provide emerging investors with cutting-edge em...

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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Paid Holidays
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$130,000/yr - $160,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 20, 2024

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