Data Analyst (Contract – Hybrid – Jersey City, NJ or Pennington, NJ)

A prominent banking client is actively seeking a highly skilled Data Analyst (Contract – Hybrid – Jersey City, NJ or Pennington, NJ) to join their team. This contract position, with a strong focus on an application migration, offers a hybrid work model with base locations in Jersey City (2 Bryant Park) or Pennington, New Jersey. The ideal candidate will possess strong analytical skills, meticulous attention to detail, and superior data extraction and scripting abilities. The client is specifically looking for an individual who has been part of an application/software transformation involving very large datasets. This role is only open to W2 candidates, and relocation is not accepted.

Data Analyst (Contract – Hybrid – Jersey City, NJ or Pennington, NJ)

Location: Hybrid – Jersey City, NJ (2 Bryant Park) or Pennington, NJ. (Client not accepting relocating candidates.)

Employment Type: Contract (W2 Only)

Pay Range: $70 – $75 per hour

Industry: Computer and Mathematical

What’s the Job? Driving Data Transformation in Banking Compliance

As a Data Analyst focusing on an application migration within the banking sector, you’ll be instrumental in transforming vast datasets from legacy systems to a new generation application. Your work is crucial for supporting compliance, risk management, and trading oversight through meticulous data handling and insightful reporting, particularly for voice recording metadata.

• Perform Data Integration, Mapping, Extraction, and Cleansing for Migration: You will be directly responsible for orchestrating the complex process of data integration and data mapping as well as data extraction management. This involves meticulously defining how data from legacy systems will be transformed and loaded into a new NetGen application. Crucially, you’ll also lead data cleansing efforts, identifying and rectifying inconsistencies, redundancies, and inaccuracies to ensure the highest quality of data in the new system. Your precision is vital for a seamless and accurate application transformation.
• Collect, Analyze, and Cleanse Large Datasets for Application Transformation: You’ll oversee the entire process of collecting, analyzing, and cleansing complex data sets that are central to a large-scale application transformation. This includes identifying relevant data sources, devising efficient collection methods, performing rigorous quality checks, and preparing the data for migration. Your expertise ensures the integrity and reliability of information as it transitions to the new platform.
• Utilize Scripting Languages for Intelligent Automation: You are proficient in SQL, Python, R, and/or other scripting languages to help with intelligent automation. This involves developing scripts and workflows that automate repetitive data tasks, enhance data processing efficiency, and enable advanced analytics, moving towards a more streamlined and self-sufficient data management environment.
• Collaborate Cross-Functionally on Project Goals and Deliverables: You’ll have extensive experience working cross-functionally with stakeholders across various departments (e.g., IT, compliance, risk, trading, operations). Your collaboration will focus on defining clear project goals, meticulously gathering requirements, and ensuring the delivery of high-quality deliverables within tight deadlines. Your communication and coordination skills will be paramount for project success in a complex banking environment.
• Maintain and Analyze Large Datasets of Voice Recording Metadata: You will be responsible for meticulously maintaining and analyzing large datasets of voice recording metadata. This includes working with critical attributes such as timestamps, user IDs, call durations, and other relevant information extracted from voice recording systems. Your analysis will uncover patterns, anomalies, and insights crucial for compliance, risk oversight, and operational efficiency.
• Create Dashboards and Reports for Key Stakeholders: You will actively help create intuitive dashboards and comprehensive reports tailored for various key stakeholders, including compliance officers, risk managers, and trading supervisors. These visualizations and reports will present complex voice recording metadata in an easily digestible format, supporting critical decision-making related to regulatory adherence and market conduct.
• Work with Structured and Semi-Structured Data Across Multiple Systems: You will have hands-on experience working with both structured and semi-structured data across multiple, diverse systems. This includes industry-leading voice recording platforms such as NICE, Verint, and Red Box, as well as various internal platforms that store voice metadata. Your ability to integrate and analyze data from disparate sources is crucial for a complete compliance picture.
• Support Audits and Regulatory Inquiries: You will provide essential support for both audits and regulatory inquiries by efficiently extracting, analyzing, and presenting voice metadata. This involves responding to data requests from internal audit teams or external regulators, providing clear explanations of data lineage, and ensuring that all extracted information meets stringent compliance requirements in the financial sector.
• Monitor Gaps in Coverage and Escalate Issues: You will continuously monitor for gaps in coverage, such as missed or incomplete recordings of voice communications. Upon detection of such issues, you will promptly escalate them to the appropriate teams or management, ensuring that potential compliance breaches or operational failures are addressed immediately.

What’s Needed? Your Expertise in Data Analysis and Voice Recording Systems

To excel as a Data Analyst in this role, you’ll need extensive experience in data science principles, strong querying and scripting abilities, and specific familiarity with voice recording systems.

• Data Science Proficiency: You must have demonstrable proficiency in Data Science, encompassing key stages such as data pipelining (designing automated workflows for data movement), data extraction (retrieving data from various sources), data analysis (interpreting data to identify trends and insights), and reporting (presenting findings clearly and effectively). This holistic understanding is crucial for managing complex data initiatives.
• Familiarity with Voice Recording Systems and Metadata Analysis: You must have strong familiarity with voice recording systems (e.g., NICE, Genesys, Verint, Red Box) and specific expertise in metadata analysis related to voice recordings. This includes understanding the structure and content of voice metadata, its importance for compliance and auditing, and how to extract meaningful insights from it.
• Strong SQL or Similar Querying Languages: You are required to have strong skills in SQL or similar querying languages. This includes writing complex queries for data extraction, manipulation, transformation, and validation from large relational databases. Your proficiency in querying is fundamental for all data analysis and reporting tasks.
• Ability to Develop Scripts or Workflows for Automation: You must possess the ability to develop scripts or workflows for automation of reporting tasks. This indicates proficiency in programming languages (e.g., Python, R) or scripting tools that can streamline data extraction, analysis, and report generation, enhancing efficiency and reducing manual effort for compliance reporting.
• Excellent Problem-Solving Skills and Attention to Detail: You will exhibit excellent problem-solving skills, capable of diagnosing complex data issues, identifying root causes, and formulating effective solutions. Coupled with this, meticulous attention to detail is paramount for ensuring data accuracy, identifying subtle discrepancies, and maintaining compliance with stringent regulatory requirements in the banking industry.

What’s in it for me? Growth, Impact, and Innovation in Financial Services

This contract Data Analyst position in Jersey City or Pennington, NJ, offers a compelling environment for professional growth and significant impact within a leading banking client.

• Opportunity to Work in a Dynamic and Innovative Environment: You’ll have the invaluable opportunity to work in a dynamic and innovative environment that is constantly evolving with new technologies and regulatory demands. This ensures continuous learning and provides exciting challenges in data management and compliance.
• Gain Experience with Industry-Leading Tools and Technologies: You will gain valuable experience with industry-leading data analysis tools and technologies, including various voice recording systems (NICE, Verint, Red Box) and scripting languages (SQL, Python, R). This hands-on exposure will significantly enhance your technical skillset.
• Collaborate with a Diverse Team of Professionals: You’ll have the privilege of collaborating with a diverse team of professionals across compliance, risk, trading, and IT. This fosters an atmosphere of open communication, knowledge sharing, and mutual support, allowing you to learn from varied perspectives.
• Potential for Contract Conversion: This contract position offers potential for conversion to a permanent role based on your performance and contributions. This provides a pathway for long-term career stability and growth within a leading banking institution.
• Engage in Meaningful Work for Compliance and Risk Management: You will be deeply engaged in meaningful work that directly supports compliance and risk management initiatives. Your contributions to data integrity and reporting for voice recordings are crucial for maintaining regulatory adherence and safeguarding the bank’s operations.

Upon completion of waiting period, consultants are typically eligible for a comprehensive suite of benefits designed to support their well-being and financial security. These include:

• Medical and Prescription Drug Plans: Comprehensive healthcare coverage for medical services and necessary prescription medications.
• Dental Plan: Benefits covering routine dental care and essential treatments.
• Vision Plan: Coverage for eye examinations, prescription glasses, and contact lenses.
• Health Savings Account (HSA): A tax-advantaged savings account to help pay for qualified medical expenses.
• Health Flexible Spending Account (HFSA): Allows pre-tax contributions for eligible healthcare costs.
• Dependent Care Flexible Spending Account (DCFSA): Provides tax advantages for dependent care expenses.
• Supplemental Life Insurance: Options for additional life insurance coverage for enhanced financial protection.
• Short Term and Long Term Disability Insurance: Income replacement benefits during periods of temporary or prolonged incapacitation due to illness or injury.
• Business Travel Insurance: Coverage for unforeseen events or emergencies that may occur during authorized business travel.
• 401(k), Plus Match: An opportunity to save for retirement with the added benefit of employer matching contributions, enhancing your long-term financial growth.
• Weekly Pay: Consistent and regular compensation provided on a weekly basis, ensuring stable financial flow throughout your contract engagement.

If this Data Analyst role in Jersey City, NJ, or Pennington, NJ, aligns with your strong analytical skills, expertise in SQL and scripting, and your experience with large-scale data transformations for compliance, we encourage you to learn more about this exciting hybrid contract opportunity. This is a fantastic chance to make a significant impact within a leading banking client.

Ready to drive data integrity and compliance in financial services?