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Business Analyst



IT, Sales & Business Development
United Kingdom
Posted on Tuesday, March 19, 2024

About Us

At Veratrak, we are dedicated to transforming the pharmaceutical supply chain with innovative solutions. We are team players who believe that technology has the power to drive better patient outcomes and contribute to making medicines more affordable.

Our values are embedded in everything we do and our ambitions for the future drive our agile approach to development. At Veratrak, you will work alongside innovators and experts hailing from countries across the world. With funding from Europe’s top investors and as a winner of Oxford University’s Innovation of the Year award, we are on a mission to digitise the pharmaceutical supply chain.

Veratrak’s award-winning software solutions simplify complex workflows and enable collaboration, visibility and data-sharing across the full industry supply chain. Our solutions are built on blockchain, which ensures workflows and data exchanges are secure, immutable, and auditable.

Position Overview:

As a Business Analyst at Veratrak, you will be an integral part of our small but dynamic team, contributing significantly to the development and enhancement of key products within our portfolio, particularly focusing on The Hub platform. Your role will involve not only defining features but also ideating and designing innovative solutions to address challenges in the pharmaceutical supply chain.

Reporting directly to the Chief Product Officer, you will collaborate closely with cross-functional teams and stakeholders to ensure the successful delivery of solutions that meet the needs of our customers and partners. This is an individual contributor role with ample opportunities to make a substantial impact on our company's growth and success.

You will be responsible for:

  • Full feature specification: Defining key feature & new product specification in line with the Veratrak product value proposition, driving Discovery, research, estimation, and supporting prioritisation within the Verarak Product Team.
  • Collaborate with product management, engineering, quality, marketing, customer, and sales teams to define and prioritise product features, ensuring alignment with The Hub's value proposition and overall product vision.
  • Conduct thorough research and analysis to understand market needs, customer requirements, and industry trends, utilising tools and methodologies to gather relevant data and insights.
  • Translate business requirements into clear and concise functional specifications, user stories, and acceptance criteria, facilitating effective communication with design, engineering, and quality assurance teams.
  • Lead the ideation and design of new features and enhancements, leveraging your analytical and problem-solving skills to propose innovative solutions that address complex challenges in the pharmaceutical supply chain.
  • Collaborate with senior leadership to communicate product roadmap, vision, and strategy, providing regular updates on project status, timelines, and deliverables.
  • Define success metrics for new features and initiatives, adopting a data-driven approach to measure performance and drive continuous improvement.
  • Ensure compliance with regulatory requirements and industry standards, incorporating feedback from stakeholders and customers to enhance the overall product experience.
  • Drive the transformation of product ideas into actionable projects, considering financial implications, marketing needs, and business objectives throughout the development lifecycle.