Technical Business Analyst

Business Analyst / Data Analyst (Power BI, SQL, MS Fabric) Contract Opportunity with a Major Financial Services Firm Location: Hybrid – Newark, NJ (3 days/week onsite) Employment Type: W2 Only (No Corp-to-Corp) Overview We are looking for a Business Analyst / Data Analyst with strong Power BI, SQL, and Microsoft Fabric experience to support data-driven initiatives within a large financial services environment. This role will work closely with business stakeholders and technology teams to define requirements, support solution design, and ensure high-quality delivery. Responsibilities • Define and document functional requirements aligned with business needs • Partner with lead developers and architects on technical design and solution approach • Develop Functional Specification Documents (FSD), Technical Specifications, and Requirements Traceability Matrices • Translate business, scientific, and engineering requirements into clear, logical statements • Research and evaluate alternative solutions, recommending efficient and cost-effective approaches • Collaborate with development, operations, and support teams throughout the SDLC • Design and execute detailed system testing plans to ensure accuracy and quality of deliverables • Create charts, tables, and diagrams to support analysis and problem-solving • Analyze existing systems, identify logic gaps, and recommend improvements Required Skills • Strong experience with Power BI (dashboarding, reporting, data visualization) • Advanced SQL skills for data analysis and querying • Experience with Microsoft Fabric or modern data platforms • Proven experience gathering and documenting business and functional requirements • Strong understanding of SDLC and Agile methodologies • Ability to work cross-functionally with technical and non-technical stakeholders • Excellent analytical, problem-solving, and communication skills Preferred Qualifications • Experience in financial services or insurance environments • Familiarity with data modeling and data architecture concepts • Experience supporting enterprise-scale data or reporting initiatives