Canada
Business Analyst Salary in Waterloo, Ontario
$51K
20% Low Band Avg
CAD $56K
Average
$58K
80% High Band Avg
- Bonus: 4,138
Salaries based on experience level
The Average Entry Level salary of Business Analyst in Waterloo, Ontario is CAD $42K/yr, this salary increases 33% to $57K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from $57K/yr to $74K/yr.
Salary Compared to Canada National Average Salary
- Business Analyst in Waterloo, Ontario Salary
- vs
- Business Analyst in Canada Salary
The Average Salary of Business Analyst in Waterloo, Ontario is $56K/yr. This is -2% lower ($-1,438) compared to Canada national average salary of $57K/yr.
Salary Compared to Waterloo City Average Salary
- Business Analyst in Waterloo, Ontario Salary
- vs
- Waterloo, Ontario City Average Salary
The Average Salary of Business Analyst in Waterloo, Ontario is -12% lower (-8,010) than the average salary for the city of Waterloo, Ontario $64K/yr.
Business Analyst job description
Job Title: Business Analyst
Overview/Summary of the Role:
The business analyst is responsible for reviewing and analyzing a company's financial and operational data to identify trends, opportunities, and areas of improvement. They work closely with other departments to gather information and develop reports that inform strategic decision-making, and they also provide support for the implementation of new processes or technologies.
Responsibilities and Duties:
- Conduct financial and operational analyses of company data to identify trends and opportunities for improvement.
- Collaborate with other departments to gather information and develop reports that inform decision-making.
Business Analyst interview questions
Interviewer: Good morning/afternoon. Can you briefly introduce yourself and tell us why you are interested in the position of Business Analyst?
Candidate: Good afternoon. My name is John Doe, and I am a recent MBA graduate from XYZ University. I am interested in the position of Business Analyst because I am passionate about business strategy and analytics, and I believe my skills and experience align with the requirements of this role.
Interviewer: That sounds great. Can you tell us about a time when you identified a problem in a previous position and what steps did you take to analyze and solve it?
Candidate: Sure. In my previous position as a marketing analyst, I noticed that our sales team was not meeting their targets, despite the quality of our marketing campaigns. After conducting a comprehensive analysis and collaborating with the sales team, I discovered that there was a gap in our sales strategies, and we needed to revamp our sales training and lead management processes. I worked with the sales team to implement these changes, which resulted in a 25% increase in sales within 3 months.
Interviewer: Excellent. The role of a Business Analyst requires you to have excellent analytical and problem-solving skills. Can you describe a situation in which you applied these skills in a previous position?
Candidate: In a previous position, I was tasked with analyzing the success rate of x department’s product releases. I had to collate data from various sources, create a comprehensive report highlighting the major issues, and provide recommendations to management. After conducting a thorough review, I identified the major pain points in the product development life cycle, which we had to adjust. I presented my findings to my team leader and collaborated with cross-functional departments to implement changes that increased our success rate by 25% in the next two quarters.
Salaries of Related Jobs compared to Business Analyst in Waterloo, Ontario
Senior Business Analyst
Waterloo, Ontario
Actuarial Analyst
Waterloo, Ontario
Business Systems Analyst
Waterloo, Ontario
Network Analyst
Waterloo, Ontario
IT Business Analyst
Waterloo, Ontario
Data Analyst
Waterloo, Ontario
Accounting Analyst
Waterloo, Ontario
Financial Analyst
Waterloo, Ontario
Compliance Analyst
Waterloo, Ontario
Salaries of Popular Jobs
Data Scientist
Waterloo, Ontario