State Street Corporation
IT Business Analyst- Sr. Associate
State Street Corporation, Quincy, Massachusetts, us, 02171
Who we are looking for:
A motivated business analyst with financial and transformation experience to support GD Simplification initiatives (projects). The candidate will engage in multiple workstreams of various business functions and full lifecycle of project management, from business requirement collection and documentation to use case design. The candidate also will join operation teams to document procedure/product manual for new deliverables/product and conduct post-release training. Key focused areas including but not limit to: GDS initiatives, GMAS, migration etc. bottom up initiatives and other projects/programs and Deployment for global GDS initiatives, and other projects/programs.
Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.
What you will be responsible for:
- Elicit, analyze, and document business requirements from key stakeholders.
- Review with business stakeholders to understand data sources, data elements, data dependencies and operational processes for current state assessment.
- Clearly communicate the business and/or system specifications, expectations and obligations to stakeholders and product owners to drive system development and implementation.
- Work closely with GTS agile teams, Global Delivery team and GDS management to manage stakeholder communication and project status.
- Act as a liaison between the business and IT to scope out, assess feasibility and drive the digital transformation and project delivery (Business Requirement).
- Coordinate with the department heads, supervisors, and managers to solicit cooperation and resolve the problems.
- Involved and actively participated into global initiatives /programs for the deployment, such as global GDS, Investment Accounting, PnA, and Fund Accounting strategic development program etc.
- Analysis and readiness steps to support the design of application functionality, BUAT testing execution, application configuration and preparation.
- Facilitate user acceptance testing (UAT) to ensure the functionality and performance of new changes or enhancements.
- Provide training and support to end users during and after the implementation process
- Maintain project artifacts, document lesson learned, and continuously refine and streamline the framework to implement technology solutions.
What we value (Job Requirements):
- Good collaboration, attention to detail
- Ability drive execution
- Project Management Skills, Ability to manage multiple tasks and projects of small/medium-scale; experience in complex, global, cross organizational projects
- Experience with re-engineering/ Lean/ digital transformation of end-to-end designs at scale, using multiple process improvement levers/ technologies.
- Demonstrated excellence in business case writing, development of business process flow diagrams, making comparisons regarding current and future processes.
- Proven experience as a Business Analyst or similar role
- Strong written and verbal communication and ability to work with various functions teams globally.
- Strong analytical skills, creative and critical thinking, problem solving.
- Excellent presentation, communication, and interpersonal skills.
- Proficiency in Microsoft Applications (Excel, PowerPoint, Power BI, etc.), process mapping tools (Visio, ARIS), and other data analysis, data visualization tools.
- Expertise in Lean Six Sigma, Project Management & certifications like LSSBB, PMP will be preferrable.
Education & Preferred Qualifications:
- Master or bachelor degree in finance, Statistics, or Economics. CFA / FRM certification is a plus.
- 5+ years of experience in working on transformation programs, in the consulting or financial services industry.
- Ability to work in a fast-paced environment on multiple projects, prioritize work, establish deadlines, assign responsibilities, and monitor progress of team members.
- Strong problem-solving and trouble-shooting skills. Anticipate, identify, track, and resolve issues and risks affecting own work and work of the project team.
- Ability to build stakeholder connect, effective collaboration and partnership capabilities and ability to influence at all levels of the organization. Proven experience in working with large cross functional teams is a plus.
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
Why this role is important to us
Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.
We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.
Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.
About State Street
What we do.
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow.
We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility.
We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
Salary Range: $52,000 - $81,640 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
A motivated business analyst with financial and transformation experience to support GD Simplification initiatives (projects). The candidate will engage in multiple workstreams of various business functions and full lifecycle of project management, from business requirement collection and documentation to use case design. The candidate also will join operation teams to document procedure/product manual for new deliverables/product and conduct post-release training. Key focused areas including but not limit to: GDS initiatives, GMAS, migration etc. bottom up initiatives and other projects/programs and Deployment for global GDS initiatives, and other projects/programs.
Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.
What you will be responsible for:
- Elicit, analyze, and document business requirements from key stakeholders.
- Review with business stakeholders to understand data sources, data elements, data dependencies and operational processes for current state assessment.
- Clearly communicate the business and/or system specifications, expectations and obligations to stakeholders and product owners to drive system development and implementation.
- Work closely with GTS agile teams, Global Delivery team and GDS management to manage stakeholder communication and project status.
- Act as a liaison between the business and IT to scope out, assess feasibility and drive the digital transformation and project delivery (Business Requirement).
- Coordinate with the department heads, supervisors, and managers to solicit cooperation and resolve the problems.
- Involved and actively participated into global initiatives /programs for the deployment, such as global GDS, Investment Accounting, PnA, and Fund Accounting strategic development program etc.
- Analysis and readiness steps to support the design of application functionality, BUAT testing execution, application configuration and preparation.
- Facilitate user acceptance testing (UAT) to ensure the functionality and performance of new changes or enhancements.
- Provide training and support to end users during and after the implementation process
- Maintain project artifacts, document lesson learned, and continuously refine and streamline the framework to implement technology solutions.
What we value (Job Requirements):
- Good collaboration, attention to detail
- Ability drive execution
- Project Management Skills, Ability to manage multiple tasks and projects of small/medium-scale; experience in complex, global, cross organizational projects
- Experience with re-engineering/ Lean/ digital transformation of end-to-end designs at scale, using multiple process improvement levers/ technologies.
- Demonstrated excellence in business case writing, development of business process flow diagrams, making comparisons regarding current and future processes.
- Proven experience as a Business Analyst or similar role
- Strong written and verbal communication and ability to work with various functions teams globally.
- Strong analytical skills, creative and critical thinking, problem solving.
- Excellent presentation, communication, and interpersonal skills.
- Proficiency in Microsoft Applications (Excel, PowerPoint, Power BI, etc.), process mapping tools (Visio, ARIS), and other data analysis, data visualization tools.
- Expertise in Lean Six Sigma, Project Management & certifications like LSSBB, PMP will be preferrable.
Education & Preferred Qualifications:
- Master or bachelor degree in finance, Statistics, or Economics. CFA / FRM certification is a plus.
- 5+ years of experience in working on transformation programs, in the consulting or financial services industry.
- Ability to work in a fast-paced environment on multiple projects, prioritize work, establish deadlines, assign responsibilities, and monitor progress of team members.
- Strong problem-solving and trouble-shooting skills. Anticipate, identify, track, and resolve issues and risks affecting own work and work of the project team.
- Ability to build stakeholder connect, effective collaboration and partnership capabilities and ability to influence at all levels of the organization. Proven experience in working with large cross functional teams is a plus.
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
Why this role is important to us
Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.
We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.
Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.
About State Street
What we do.
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow.
We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility.
We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
Salary Range: $52,000 - $81,640 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line