Principal Business Systems Analyst
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.
Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.
The Principal Business Systems Analyst will lead the evaluation of complex business processes and systems, identifying and implementing advanced solutions to improve efficiency and effectiveness across the organization. This role will lead collaboration with stakeholders to gather complex requirements, analyze data, and develop comprehensive system documentation while connecting business needs with technology solutions. The Principal Business Systems Analyst will also contribute to product delivery, influence best practices, mentor other Analysts, and participate in future application roadmaps.
What you will do:
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Lead collaboration with cross-functional teams in an Agile environment to gather and document business requirements for software development projects.
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Analyze and translate business needs into clear and concise user stories that align with project goals.
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Conduct complex and critical work independently, exercising judgment and influencing best practices within the discipline.
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Facilitate communication between business stakeholders and development teams to ensure a shared understanding of project requirements.
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Conduct interviews, story mapping, storyboarding, workflow analysis, process analysis, and observation sessions to support requirements for IT development projects.
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Analyze existing systems and processes to identify opportunities for improvement and efficiency gains.
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Work closely with Quality Assurance and Engineers to review story requirements and validate system functionality.
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Troubleshoot issues, conduct impact analysis, and recommend solutions.
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Review system enhancements with project stakeholders.
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Create flow diagrams and document technical solutions.
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Stay informed about industry best practices and emerging trends in business analysis and Agile methodologies.
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Coach and mentor other Analysts and lead the COE for the Analyst community within the Value stream.
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Develop solutions to complex business problems in collaboration with Architects and System Analysts.
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Participate in future application roadmaps and contribute ideas to improve application scalability and resilience.
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Serve as a key point of contact for business queries, particularly during major incidents.
What you will bring:
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10+ years of relevant work experience working with development and systems teams as a Lead Business Systems Analyst.
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Ability to analyze complex business processes and identify areas for improvement.
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Ability to identify and solve business problems through innovative and practical solutions.
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Effective communication skills to understand stakeholder needs and clearly convey technical information.
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Proficiency in collecting, documenting, and managing system requirements from stakeholders.
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Understanding of technology and systems, including highly complex multi-platform applications and databases, to bridge business needs and technical solutions.
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Effective documentation skills to create comprehensive reports, manuals, workflows, and specifications.
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Ability to manage tasks, timelines, and resources effectively to support successful proj