Functional Analyst Jobs for OPT Students
Functional Analyst roles qualify for OPT work authorization when tied to a degree in information systems, business analytics, or a related field. Most positions involve requirements gathering, system configuration, and stakeholder communication, making them strong fits for STEM OPT extensions when the role is classified under a qualifying CIP code.
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Job Description:
Employer: DWS Group
Title: IT Business Analyst/Functional Analyst - Real Estate Funds Platform
Location: New York
About DWS:
Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.
Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.
We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow.
As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.
This is your chance to invest in your future.
Team/Division Overview:
The Chief Operating Office (COO) is a key enabler for DWS and is integral to the future success of the company by delivering world-class services across a set of key functions. It covers essential Technology and Operations capabilities, aiming to deliver a platform which is efficient, scalable, resilient and agile.
This role is within DWS Global Technology, within the team supporting our Alternative Investments platform. The role will focus on the US Real Estate Equity products initially, that currently run in the region of $35bn AUM.
Role Details
As an IT Business Analyst, you will be responsible for:
- Working with front office/middle office teams to define upcoming business challenges and determining required technology solutions.
- Development and maintenance of standard project artifacts including business requirements documents, test cases and project plans.
- Working with onshore, offshore and third-party IT developers to translate business requirements into functional specifications.
- Analyze large data sets, process flows and reporting flows.
- Analyze and document current state systems flows and processes to bring transparency to the complexity and interdependence between systems and data.
- Work with development teams and architects to design and implement technology solutions with a high level of quality, flexibility and scalability.
- Perform system integration testing.
- Coordinate end user testing and plan rollout.
- Work with the business to establish priorities & provide regular status updates.
- Perform root cause analysis on production issues and provide recommendations to mitigate risk and preventive actions.
We are looking for:
- Proven experience as an IT Business Analyst/Functional Analyst within a financial services environment.
- Experience within Asset Management, with a knowledge of Real Estate Fund Finance platforms would be a bonus.
- Ability to use tools to create project artifacts such as business requirements, process maps, functional specifications and testing scripts.
- Ability to partner with various front / middle office teams and development teams to achieve objectives and execute or drive project plan as required.
- Demonstrated success with typical Business Analyst deliverables: business requirements, functional specifications, system/workflow diagrams, functional test plans documentation and execution.
- Advance skills in MS applications.
- Strong data analytical skills and attention to detail.
- Ability to work with large data sets, process flows and reporting flows.
- Working knowledge of SDLC and Agile methodologies.
What we’ll offer you:
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalized plan unique to your lifestyle. Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.
The salary range for this position in New York is $93,000 to $147,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.
At DWS, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
DWS’ Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.
If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.
Privacy Statement
The California Consumer Privacy Act outlines how companies can use personal information.
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.

Job Description:
Employer: DWS Group
Title: IT Business Analyst/Functional Analyst - Real Estate Funds Platform
Location: New York
About DWS:
Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.
Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.
We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow.
As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.
This is your chance to invest in your future.
Team/Division Overview:
The Chief Operating Office (COO) is a key enabler for DWS and is integral to the future success of the company by delivering world-class services across a set of key functions. It covers essential Technology and Operations capabilities, aiming to deliver a platform which is efficient, scalable, resilient and agile.
This role is within DWS Global Technology, within the team supporting our Alternative Investments platform. The role will focus on the US Real Estate Equity products initially, that currently run in the region of $35bn AUM.
Role Details
As an IT Business Analyst, you will be responsible for:
- Working with front office/middle office teams to define upcoming business challenges and determining required technology solutions.
- Development and maintenance of standard project artifacts including business requirements documents, test cases and project plans.
- Working with onshore, offshore and third-party IT developers to translate business requirements into functional specifications.
- Analyze large data sets, process flows and reporting flows.
- Analyze and document current state systems flows and processes to bring transparency to the complexity and interdependence between systems and data.
- Work with development teams and architects to design and implement technology solutions with a high level of quality, flexibility and scalability.
- Perform system integration testing.
- Coordinate end user testing and plan rollout.
- Work with the business to establish priorities & provide regular status updates.
- Perform root cause analysis on production issues and provide recommendations to mitigate risk and preventive actions.
We are looking for:
- Proven experience as an IT Business Analyst/Functional Analyst within a financial services environment.
- Experience within Asset Management, with a knowledge of Real Estate Fund Finance platforms would be a bonus.
- Ability to use tools to create project artifacts such as business requirements, process maps, functional specifications and testing scripts.
- Ability to partner with various front / middle office teams and development teams to achieve objectives and execute or drive project plan as required.
- Demonstrated success with typical Business Analyst deliverables: business requirements, functional specifications, system/workflow diagrams, functional test plans documentation and execution.
- Advance skills in MS applications.
- Strong data analytical skills and attention to detail.
- Ability to work with large data sets, process flows and reporting flows.
- Working knowledge of SDLC and Agile methodologies.
What we’ll offer you:
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalized plan unique to your lifestyle. Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.
The salary range for this position in New York is $93,000 to $147,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.
At DWS, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
DWS’ Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.
If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.
Privacy Statement
The California Consumer Privacy Act outlines how companies can use personal information.
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
How to Get Visa Sponsorship as a Functional Analyst
Target employers with established ERP ecosystems
Large organizations running SAP, Oracle, or Salesforce platforms hire Functional Analysts regularly and have HR infrastructure for OPT paperwork. Focus on companies with dedicated IT or operations teams, not early-stage startups still building their tech stack.
Frame your degree field precisely in applications
Employers screening for visa sponsorship often check whether a degree matches the role. A business analytics or MIS degree connects directly to Functional Analyst work. Make that connection explicit in your resume summary and cover letter.
Prioritize consulting firms and systems integrators
Firms that implement enterprise software, like Big Four consulting practices or mid-size IT services companies, frequently hire Functional Analysts across multiple client engagements and have well-established processes for supporting OPT and H-1B employees.
Get certified in a major platform before applying
A Salesforce Administrator, SAP certification, or ServiceNow credential signals technical credibility to hiring managers who might otherwise hesitate. Certification also signals commitment to the field, which matters when employers are weighing long-term sponsorship investment.
Ask about sponsorship intent during the first interview round
Do not wait until an offer to raise H-1B sponsorship. Ask directly whether the company has sponsored H-1B employees in your role before. Employers who have done it before are significantly more likely to do it again.
Functional Analyst jobs are hiring across the US. Find yours.
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Get Access To All JobsFrequently Asked Questions
Does a Functional Analyst role qualify for STEM OPT extension?
It depends on your degree, not the job title. If your degree is in a STEM-designated field such as information systems, computer science, or business analytics, and your employer enrolls in E-Verify, you can apply for the 24-month STEM OPT extension. The Functional Analyst role itself does not automatically confer STEM status.
How do I find Functional Analyst jobs that are open to OPT candidates?
Migrate Mate filters job listings specifically for visa-friendly employers, so you can search Functional Analyst roles without wading through postings that exclude international candidates. Many employers do not advertise OPT openness in job descriptions, so using a platform built for F-1 students saves significant time.
What degree fields align best with Functional Analyst roles for OPT purposes?
Information systems, management information systems, business analytics, and computer science are the strongest matches. These degrees map directly to the analytical and systems-oriented work Functional Analysts perform and are more likely to satisfy an employer's specialty occupation argument if they later file for H-1B sponsorship on your behalf.
Can I work as a Functional Analyst at a client site while on OPT?
Yes, but your OPT authorization is tied to your direct employer, not the client site. If you are employed by a consulting firm that places you at a client location, your OPT EAD still reflects the consulting firm as your employer. Third-party placement arrangements are permissible as long as the consulting firm maintains the employer-employee relationship and provides required training documentation.
What should I know about the 60-day grace period if my Functional Analyst contract ends?
When your employment ends, you have a 60-day grace period to find a new position, transfer to a different visa status, or depart the U.S. You cannot work during this period, but you can continue your job search. If you secure a new Functional Analyst role before the 60 days expire, you can begin work with your existing EAD as long as it has not expired.
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