Our Business Development Analyst job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Business Development Analyst role
A Business Development Analyst is responsible for researching and analyzing market trends to identify potential opportunities for business growth. They create strategies for growth, evaluate existing programs, and collect and analyze data related to customer demographics, sales, and other business operations. They also work closely with other departments to ensure that strategies are aligned with the company's objectives.
Role Purpose
The purpose of a Business Development Analyst is to identify, analyze, and pursue opportunities for business growth. This includes conducting market and competitor research, analyzing customer trends, and developing strategies for product and service expansion. The role also involves evaluating existing strategies and making adjustments as needed to ensure maximum growth potential and profitability. The Business Development Analyst is expected to stay up-to-date on industry trends and developments, as well as provide insights and recommendations to upper-level management.
Business Development Analyst Summary
The Business Development Analyst is responsible for driving strategic growth initiatives and providing analysis to support the development of new business opportunities. He/She will conduct market research, analyze financial data, develop business plans and present findings to senior management. The Business Development Analyst will also identify potential strategic partners, negotiate and close deals, and monitor progress towards achieving objectives. He/She will coordinate with stakeholders across departments to ensure successful implementation of projects. The Business Development Analyst should possess an understanding of the financial services industry, strong analytical and quantitative skills, and excellent communication skills.
Business Development Analyst Duties
- Identify and evaluate new business opportunities for the organization
- Research and analyze current and potential markets
- Develop business plans and strategies for pursuing new business opportunities
- Conduct financial analysis on potential opportunities
- Develop presentations for internal and external audiences
- Provide detailed analysis of customer trends and competitors
- Coordinate with external partners to identify and secure new business opportunities
Business Development Analyst Skills
- Business analysis
- Analytical problem solving
- Data analysis
- Research
- Strategic planning
Business Development Analyst Requirements
- Bachelor's degree in business, finance, accounting, or related field
- Excellent analytical, problem solving and critical thinking skills
- Strong written and verbal communication skills
- Ability to work independently and in a team environment
- Proficiency in Microsoft Office Suite
Personal Traits
- Strong communication and interpersonal skills
- Research and analysis skills
- Organizational and problem-solving skills
- Attention to detail
- Ability to work independently