Our Vacancies

Early careers

Business Analyst

  • Role Type
  • Permanent

  • Location
  • Munich

  • Closing Date
  • 29/02/2020

Job Description


The Business Analyst will focus on the analysis of issues and challenges faced by today’s businesses, contributing to the design and development of innovative strategies as well as delivering market and product knowledge for our clients. Typical assignments include competitive intelligence gathering, voice of the customer / market activities, aptitude for analyzing large databases of information, conducting financial and market analysis, developing client presentations and supporting clients with implementing the resulting recommendations.


Support clients (internal / external team) on a wide variety of topics, including but not limited to -

Operations strategy: design and commercial cost reduction, sourcing strategy development and execution, manufacturing process assessment
New product development, market entry research and strategy development
Assessing market drivers and customer needs as part of product strategy development
Competitive benchmarking of products and technologies: cost estimation, performance benchmarking, life cycle cost analysis, overall business model review
Technology assessment, road mapping and adoption scenario modeling / forecasting
Due diligence engagements for leading early stage venture funds, private equity clients to help assess investments in the energy and transportation sectors
Designing and creatively executing qualitative and quantitative primary and secondary research through available and new unique information sources
Creating quantitative data models from large data sets to analyze, discover insights and develop custom-made strategies for clients
Communicating findings and insights to the internal team and to the client verbally and through presentations / reports
Working with experienced consultants on a variety of projects
Supporting senior leadership team in business development activities, as required
Engaging in overall RSC marketing activities by being active in authoring white papers, industry publications and presenting at market specific conferences


Master’s degree in engineering or business-related function from a top-tier institution
3 to 5 years of professional experience in automotive or related industries
In lieu of Master’s degree, substantial relevant industrial / technical / business related experience may be considered as applicable to the role
Possess relevant professional work experience in product planning, product development, purchasing / procurement in one or more of the following industries:

Electric Vehicles / Hybrids / Autonomous Vehicles / Mobility / Shared services and associated technologies
Automotive – passenger car, motorcycle, 2-wheelers, luxury vehicles, high performance vehicles, etc.
Medium / heavy duty vehicles, off highway equipment, recreational vehicles
Large engines, power generation, marine, etc.
Natural gas and oilfield equipment
Clean energy, including work in alternative sources like Hydrogen, solar, wind, etc.

Ability to work with limited resources and limited guidance to draw informed conclusions
Exhibit strong analytical and data modelling skills and experience conducting in-depth data analysis
Demonstrate proven drive and initiative with excellent organization and time-management skills, able to structure own tasks and work independently
Be able to communicate complex ideas clearly, with excellent written and verbal presentation skills
Be proficient at MS Word, Access, Excel, VBA, PowerPoint, and working with databases
Basic statistical modeling and regression analysis
Be willing to be globally staffed on short notice and stretch work-life balance, as required
Previous work experience in consulting role would be a plus
Experience involving big data analysis and / or computer programming would be an asset

About the Organization

Ricardo is a leading provider of technology, product innovation, engineering solutions and strategic consulting to the world's automotive, transport and energy industries. We are successful because we combine business, product and process strategy with fundamental technical research and the implementation of large-scale new product development programs. Ricardo is able to take on the greatest challenges including business strategy and restructuring, process re-engineering, product design, development, engineering, testing and systems integration.