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Business Process Analyst 3

WEX, Inc.
life insurance, paid time off, tuition reimbursement
United States, Maine, Portland
1 Hancock Street (Show on map)
Oct 29, 2024

Job Description Summary

This role will play a vital role in driving process optimization and efficiency within our organization, with an increasing focus on leveraging automation and AI solutions. This role will collaborate with stakeholders and business intelligence analysts to identify areas for improvement, streamline operations, and implement innovative solutions that enable scalability and productivity gains. The Business Process Analyst III is expected to operate with a high degree of autonomy, leading complex projects and mentoring junior analysts.

Some key responsibilities within this role are:

  • Process Mapping and Analysis: Independently lead the documentation and mapping of complex, cross-functional processes, utilizing advanced tools and methodologies. Conduct in-depth analysis to identify systemic inefficiencies and opportunities for significant process re-engineering.

  • Data Gathering and Analysis: Collaborate with business intelligence analysts to interpret complex data sets and translate them into actionable insights. Utilize advanced data analysis techniques to uncover hidden patterns and trends.

  • Solution Design: Design and implement innovative process improvement solutions that leverage automation, AI, and other emerging technologies. Lead cross-functional teams in the development and execution of complex projects.

  • Implementation and Change Management: Develop and execute comprehensive change management plans to ensure seamless adoption of new processes and technologies. Provide expert guidance and support to stakeholders throughout the implementation process.

  • Documentation: Develop and maintain detailed process documentation, including process maps, standard operating procedures, and training materials, ensuring alignment with industry best practices and regulatory requirements

  • Mentorship and Leadership: Mentor and coach junior analysts, sharing knowledge and expertise to enhance their skills and capabilities. Lead by example, demonstrating a commitment to continuous learning and professional development.

Who will you work with?

You will work alongside our Financial (Funding) Risk Operations teams.

  • Internal Stakeholders: This role will work extensively with colleagues across various departments, including broader risk operations teams, tech, product and finance. Strong communication and interpersonal skills are essential to build relationships and gain cooperation. You will often take a leadership role in cross functional projects, coordinating efforts across teams.

  • Business Intelligence Analysts: Partner closely with the business intelligence analyst team to understand data analysis and its implications for process improvement. You will be expected to guide and influence the direction of data analysis projects to align with strategic process improvement goals.

  • External Partners: May occasionally interact with external vendors and consultants to gather information or support implementation efforts.

Minimum Required Qualifications for Consideration:

  • Bachelor's degree in Business Administration, Information Systems, or a related field.

  • 5+ years of experience in a Business Process Analyst or similar role, with demonstrated success in process improvement projects.

  • Extensive experience with business process analysis, requirements development, change management activities, and stakeholder engagement

  • Deep understanding of technical concepts and the ability to effectively communicate with technical and non-technical stakeholders.

  • Ability to interpret and leverage data analysis findings to drive process improvement.

  • Exceptional critical thinking and problem-solving abilities, with a focus on identifying and addressing root causes of inefficiencies.

  • Proficiency in process mapping tools (e.g., Visio, Lucidchart).

  • Excellent communication and presentation skills, both written and verbal.

  • Ability to work independently and as part of a team.

  • Adaptability and a willingness to learn new technologies and methodologies.

  • Enthusiasm for automation, AI, and emerging technologies, with a desire to explore their application in business processes.

  • Ability to deliver high quality products using Google Suite.

  • Organized, analytical and conceptual thinking

  • Strong leadership skills, with the ability to inspire and motivate teams to achieve common goals.

  • Detail oriented

  • Effective time management and prioritization skills

  • Ability to make quick and accurate decisions

  • Build effective and trustful relationships

Preferred Qualifications:

  • Certifications: Lean Six Sigma Green Belt or Black Belt certification is a plus.

  • Industry Experience: Experience in the relevant industry is beneficial.

  • Technical Skills: Familiarity with project management tools and a basic understanding of AI concepts and their potential business applications.

  • Ability to effectively and calmly operate within a complex and changing environment.

  • Experience with the identification and execution of process improvement initiatives, using process improvement methodologies

  • Knowledge of WEX systems and business processes.

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section. Pay Range: $77,000.00 - $102,000.00
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