Functional Analyst

The main responsibilities of a functional analyst include conducting analyses, measuring various areas of performance, and developing process improvement initiatives. Functional analysts may also be required to assist in reviewing or creating documentation pertaining to technical fields.Although much of the functional analyst's work is performed alone, communications and presentation skills are needed to train and inform other staff. The analyst also spends a great deal of time interacting with customers, gathering and providing detailed technical information. Thus, leadership skills and multitasking capabilities are necessary.Functional analysts must be proficient in analyzing and understanding highly technical information, particularly in areas of business and project planning. Experience in TRIAD implementation, banking, and FICO tools may be required; if not, regardless, those skills are highly beneficial. A bachelor's degree in finance, business administration, technology management, or other related quantitative fields of disciplines are usually required.Advanced knowledge of the latest banking technology is always a plus, and the ability to operate basic office software such as the Microsoft Office suite. An individual in this position must be detail oriented, self-motivated, and willing to motivate others with strong interpersonal skills.

As a Functional Analyst with 3-6 years of experience in the AE, your main responsibilities include:

• Gathering and analyzing business requirements to identify functional specifications for software development projects.
• Collaborating with cross-functional teams to design and document solutions that meet business needs and align with project objectives.
• Conducting system testing and quality assurance activities to ensure the functionality and usability of software applications.
• Providing ongoing support and troubleshooting for software applications, including resolving functional issues and addressing user feedback.

The role of a Functional Analyst is vital for ensuring efficient operations and system functionality. For professionals with 3-6 years of experience in Application Engineering, here are four alternative roles to consider:

• Business Systems Analyst: A role that involves analyzing business processes, identifying system requirements, and implementing technology solutions.
• Product Owner: A position focused on defining and prioritizing product features, working closely with development teams, and ensuring customer satisfaction.
• Data Analyst: A role centered around collecting, analyzing, and interpreting data to provide insights and support data-driven decision-making.
• Quality Assurance Analyst: A position that involves testing software applications, identifying bugs and issues, and ensuring the overall quality of the product.

According to the latest data from Google, the projected growth of the Functional Analyst role in the United Arab Emirates job market is expected to be significant. Over the past 10 years, this role has experienced a steady increase in demand, with a positive outlook for the future. The job opportunities for Functional Analysts are expected to continue growing in the coming years, providing ample employment opportunities in the region. With the increasing importance of data analysis and business functions optimization, individuals pursuing a career as a Functional Analyst can expect a promising and thriving job market ahead.