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Research Analyst Job Description

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Research Analyst Job Description

We are looking for Research Analyst to assist in improving the operations and decision making of our business. The Research Analyst’s responsibilities include researching, collecting, analysing and interpreting data, and using the data to guide the business’s decision making. Working as our Research Analyst you should be prepared to work in various sectors, such as marketing, business operations, and finance.

To deliver success as the Research Analyst, you should have excellent mathematical, critical-thinking, and communication skills. You should be flexible and able to work independently or in a team.

Research Analyst Responsibilities

  • Several years’ experience in applied research or data management may be advantageous.
  • Strong mathematical, analytical, and data modelling skills.
  • The ability to manipulate large, complex data sets into manageable, understandable reports.
  • Excellent problem-solving, communication, and team working skills.
  • Familiarity with data modelling software and Excel software.
  • Attention to detail and organisational skills.
  • A Bachelor’s or Associate’s degree in Economics, Finance, Statistics, Computer Science, or related field.

Research Analyst Requirements

  • Identify and analyse trends and forecasts and recommend improvements to the business processes.
  • Analyse past operations’ results and performing variance analyses.
  • Research market trends, conduct surveys, analyse data from competitors.
  • Using data analysis and interpretations to guide the decision making of the business.
  • Using operations’ data to develop pricing models and identify areas for improvement.
  • Analyse the business’s operations, expenditures, and customer retention to identify patterns of potential issues or improvements.
  • Using statistical, economic, and data modelling techniques and tools.
  • Organise and analyse data, creating charts and graphs, and presenting your findings to the leadership team.
  • Provide recommendations to improve future business operations.
  • Organise and storing data for future research projects.
  • Test processes, policies, and protocols for efficiency and improvements.
  • Several years’ experience in applied research or data management may be advantageous.
  • Strong mathematical, analytical, and data modelling skills.
  • The ability to manipulate large, complex data sets into manageable, understandable reports.
  • Excellent problem-solving, communication, and team working skills.
  • Familiarity with data modelling software and Excel software.
  • Attention to detail and organisational skills.
  • A Bachelor’s or Associate’s degree in Economics, Finance, Statistics, Computer Science, or related field.

Personalising Your Research Analyst Job Description Advise

The hiring process and recruiting new employees to fill your key roles requires a degree of personalisation if you are to attract the best employees in a competitive employment market. The right person for a crucial role or more senior roles will likely have other employers targeting them. As your job description will be the first point of contact, you need to nail your pitch and provide the best possible service.

When creating your bespoke description and advert, you should cover and promote these points:

Job title: This should accurately reflect the role and include keywords that top talent might be using to search for jobs.

Job duties: The day to day duties, such as administrative tasks, which vary depending on the company and inform the candidate if they can complete the role.

Technical skills: These are the hard skills required through training, such as proficiency with Microsoft Office.

Soft skills: These include the interpersonal skills and general abilities the right candidates will possess. For example, the competency to prioritise multiple tasks, handle customer queries and customer complaints, work alone, or build a good relationship with coworkers.

The company’s culture: Highlighting your company culture and values ensures employees thrive and find outstanding job satisfaction. Candidates that are not the right fit won’t waste their time completing the application process, meaning you can focus on qualified individuals and hire in a more timely manner.

Career progression: Including the career path will entice candidates looking for career growth. 

Training and development programs: Smaller companies may need employees with previous experience or provide educational assistance over internal training offered by larger organisations with more significant resources. 

Employee benefits: Compensation and benefits often fail to appear in job ads and while you may want to hold your cards close to your chest, failing to include them is a mistake. Consider answering common questions, such as working hours and paid leave. Researching the average salary for the role in these early stages will ensure you don’t waste your interviewer’s and the candidate’s time.

Skill gaps: Your company may need to bring in new skills beyond those required to complete the key role and duties. Thinking on an organisational level can be beneficial when contemplating skills diversity.

Legal requirements: Ensure your job advert and description does not ask for inappropriate or discriminatory personal details, such as age, marital status, or religion.


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