“Junior Analyst Job Description”

What Does a Junior Analyst Do?

A junior analyst is a professional who gathers and analyzes data to provide insights into the current market trends, customers, industry movements, and other dynamics. They use mathematical and statistical methods to provide reports and interpret data. Junior analysts are reliable researchers when it comes to problem solving, hypothesis testing, and finding solutions related to corporate performance.

Junior Analyst Responsibilities

• Compile and gather data to look into past trends and current market scenarios.
• Analyze data using advanced tools and statistical techniques.
• Create reports based on the collected data and interpretations.
• Analyze the competitive environment in the industry.
• Perform risk analysis and highlight potential business risks.
• Understand and interpret current laws and regulations related to the industry.
• Identify the most profitable trends in the market.
• Provide support for strategic decision making.
• Develop corporate strategies to reduce business risks and maximize profitability.

Job Brief for a Junior Analyst

• Remote or part-time roles available.
• Applicants must be computer savvy and proficient in data analytics.
• Work involves solving complex problems and drawing valid inferences.
• Applicants must be creative thinkers familiar with trending technologies.
• Familiarity with software tools such as Microsoft Excel, SQL, and Power BI is preferred.

Requirements and Skills for a Junior Analyst

• Bachelor’s Degree in Data Science, Mathematics, Statistics, Business Intelligence or similar field.
• Strong understanding of data mining, statistical analysis, and predictive modeling.
• In-depth knowledge of analytics software platforms such as Tableau and SQL.
• Excellent problem-solving, critical thinking and analytical skills.
• Expertise in industry knowledge, research methods, business principles, and computer programming.

Conclusion

The junior analyst job description involves collecting, analyzing and interpreting data to help a business identify new market trends and make strategic decisions. Those who pursue a career in this field must possess a strong understanding of math, data analysis, computer programming, and research methods. Companies generally prefer applicants with a bachelor’s degree in a related field and expertise in analytics software tools.