At Lps, a Business Analyst plays a pivotal role in bridging the gap between complex technological infrastructures and strategic business objectives. Operating at the intersection of business operations, engineering, and product management, you will be responsible for translating high-level business goals into precise, actionable technical requirements. Whether working on large-scale pension projects, legacy system integrations, or complex data migrations, your analytical insights directly shape how software solutions are designed and delivered.

The impact of this role is substantial. You will collaborate closely with Tech Leads, Project Managers, and senior business stakeholders to ensure that system designs are robust, scalable, and aligned with user needs. At Lps, projects often involve massive datasets and highly regulated domains, meaning your ability to navigate technical complexity while maintaining a focus on operational efficiency and user experience is critical to the company's success.

Candidates who excel in this position are not just passive requirement-gatherers; they are proactive problem solvers. You must possess the technical literacy to discuss data schemas and system integrations with developers, alongside the communication skills necessary to manage stakeholder expectations and guide product strategy. It is a intellectually challenging role that requires a balance of analytical rigor and interpersonal diplomacy.

To help you prepare, we have categorized representative questions based on real interview experiences at Lps. These questions highlight the core competencies the hiring team evaluates, from technical execution to stakeholder management.

Role-Related & CV Walkthrough

These questions assess your past experiences, your understanding of the Business Analyst function, and how you apply your skills in practice.

• Can you walk us through your CV and explain your current job role in as much detail as possible?
• What specific technologies and tools did you work with in your previous role, and what was your level of confidence in using them?

Preparing for an interview at Lps requires a multi-faceted approach. You must be ready to demonstrate both deep analytical capabilities and strong situational awareness. The hiring team looks for candidates who can confidently articulate their past contributions while showing a clear understanding of the BA's role in complex technical ecosystems.

Role-Related Knowledge – You must be able to explain your previous projects with high granularity. Interviewers will drill down into the specific technologies, data structures, and workflows you managed. Be prepared to discuss not just what you did, but why you chose specific approaches.

Technical & Operational Literacy – While you won't be asked to write code, you must demonstrate a strong grasp of technical concepts such as data migration, API integrations, and legacy system architecture. You should also be highly proficient in data manipulation tools, as practical assessments are common.

Boundary Management & Collaboration – At Lps, you may encounter teams with highly structured or even siloed mindsets. You must be able to clearly differentiate your role as a BA from adjacent roles like Project Managers, demonstrating how you add unique value through deep analysis rather than general coordination.

Resilience & Professionalism – You may face challenging or interrogative interview panels. Demonstrating composure, structural thinking, and a solution-oriented mindset under pressure is a key differentiator.

The interview process for a Business Analyst at Lps is typically structured to evaluate both your practical skills and your behavioral fit relatively quickly. The company aims for an efficient process, though candidates should be prepared for rigorous evaluation at each stage.

The journey generally begins with a practical assessment designed to test your core analytical capabilities. This is typically a timed, hands-on test focusing on data manipulation and logical problem-solving. Following the practical stage, you will move on to online panel interviews. These sessions are usually concise, often lasting around 30 to 60 minutes, and may involve a mix of senior BAs, Tech Leads, and Project Managers.

During these interviews, the focus is heavily on your CV and your ability to explain complex projects you have driven in the past. The panel will evaluate your technical confidence and how you navigate the interpersonal dynamics of project delivery.

The timeline above outlines the typical progression from the initial practical assessment to the final panel interview. Candidates should use this timeline to pace their preparation, ensuring they allocate sufficient time to brush up on practical skills before the technical test, while refining their project walkthroughs for the panel stage. Note that while the process is designed to be fast, prompt follow-up with HR is recommended to ensure smooth progression.

To succeed at Lps, you must understand the specific areas where you will be evaluated. The interviewers will look for a blend of technical capability, domain-specific knowledge, and behavioral alignment.

Data & Analytical Proficiency

This area evaluates your ability to work with data, identify patterns, and translate raw information into business intelligence. It is often tested directly through a practical assessment.

Be ready to go over:

• Advanced Excel Functions – Mastery of formulas, data cleaning, lookups, and pivot tables under time constraints.
• Data Mapping & Schema Analysis – How to document data flows and map fields between disparate systems.
• Analytical Structuring – Your methodology for breaking down a vague business problem into structured data requirements.

Example scenarios:

• "You are given a dataset of legacy customer records containing formatting inconsistencies. Walk us through how you would clean and prepare this data for migration in Excel within one hour."
• "Describe how you would map data fields from an old main-frame pension database to a modern cloud-based CRM."

Requirement Elicitation & Project Dynamics

This area assesses how you gather requirements, manage the scope of projects, and interact with other key roles like PMs and Tech Leads.

Be ready to go over:

• BA vs. PM Boundaries – Clearly articulating how your analytical focus complements a PM's delivery focus.
• Conflict Resolution – Handling disagreements regarding project priorities or technical feasibility.
• Requirement Lifecycle Management – How you take a requirement from initial stakeholder interview to final sign-off.

Advanced concepts (less common):

• Managing requirements in highly siloed organizational structures.
• Balacing agile delivery with strict regulatory documentation.

Example scenarios:

• "An existing Project Manager on the team suggests that your proposed solution is too strategic and overlaps with their responsibilities. How do you handle this conversation?"
• "A stakeholder insists that the biggest challenge of a migration project is 'Customer Experience,' while the technical team is struggling with legacy integration. How do you reconcile these two viewpoints in your documentation?"

Domain Knowledge & Systems Integration

For roles aligned with specific business units (such as pension or financial systems), interviewers will evaluate your understanding of domain-specific challenges.

Be ready to go over:

• Legacy System Migration – The complexities of moving massive, historical datasets to new platforms.
• System Integration Patterns – Understanding how different software systems communicate (e.g., APIs, batch processing).
• Domain-Specific Regulations – Familiarity with compliance and security standards relevant to the financial or pension sectors.

Example scenarios:

• "What technical and operational risks do you foresee when migrating high-volume financial transaction data from a 20-year-old legacy system?"
• "How do you ensure data integrity and compliance during a multi-phase system integration?"

As a Business Analyst at Lps, your day-to-day activities will be dynamic and highly collaborative. You are the custodian of the project's functional scope, ensuring that what is built matches what the business actually needs.

• Requirement Gathering and Documentation – You will conduct workshops and interviews with stakeholders to elicit, analyze, and document business and functional requirements. This includes writing detailed user stories, process flows, and system specifications.
• Data Analysis and Validation – You will perform deep-dive data analysis to support decision-making, utilizing tools like Excel to validate assumptions, identify data quality issues, and map data structures.
• Cross-Functional Collaboration – You will act as the key liaison between business units, Project Managers, and Tech Leads. You will help translate technical constraints to business users and business goals to the development team.
• UAT and Quality Assurance – You will assist in defining acceptance criteria, supporting User Acceptance Testing (UAT), and ensuring that the delivered solution meets the defined business requirements.
• Process Improvement – You will analyze existing business processes to identify inefficiencies and propose technology-driven optimizations.