Job Description

Who we are looking for

The Lead Business Analyst, VP will act as the link between a client/business and IT teams to define and create interfaces between applications to solve business challenges and design the right solutions for our clients. In this position you will serve as subject matter expert in the analysis of business requirements and interface mapping specifications while utilizing our in house tool suite to produce an end state solution.

Why this role is important to us

You will collaborate with subject matter experts, technical teams and key stakeholders across the business to ensure that the delivered solutions match customer requirements. STT has Transformation targets that will allow us to promote a more strategic environment. Key focus themes are automation of manual processing, elimination of process waste, bespoke and fragmented processing as well as workload productivity.

What you will be responsible for

• Identify compile, analyze and document interface mapping requirements and business requirements that accurately and thoroughly reflect business needs.
• Take defined requirements and create interface mapping definitions within specific business tool sets. Thoroughly test and document mapping specifications, workflows and testing of the interface created.
• Gathering of business/system requirements by facilitating user/client meetings, interviewing users, and researching and resolving issues.
• Support ongoing project management- including progress monitoring, reporting and quality assurance throughout the project
• Aware of Agile process is strongly recommended (RTC, story writing, Scrum and/or Kanban)
• Document business requirements using clear, concise language consistent with the methodology framework.
• Participate in special projects, e.g., conducting research, collecting and providing requested data, etc.
• Provide day‑to‑day leadership to the team performing business analysis and data mapping, including work allocation, quality oversight, issue resolution, and delivery accountability across client and platform initiatives
• Support monthly production deployment activities to ensure stable and timely releases
• Participate in ad‑hoc coordination meetings with our global teams in China and India as required
• Co-ordinate delivery across functional areas to deliver solutions, standardizing and driving product development where possible
• Analyze and explore workflows and possible strategic scenarios; review and evaluate existing business model and future process or solution
• Identify, solve or escalate potential issues and risks during development life cycles
• Collaborate with our cross regional roles/teams to deliver consistent and timely results with high quality. Work closely with on-shore and off-shore team members including business analysts, product owners, developers and QA personnel

What we value

These skills will help you succeed in this role

• Good understanding of business systems, financial industry, and system development lifecycle methodologies to support projects through their life cycle, with the emphasis on the analysis stage.
• Deep knowledge of front office systems, middle office and data management
• Excellent analytical and interpersonal skills
• Ability to communicate, and collaborate across business and technical teams
• Excellent time management and organization skills, with the ability to manage multiple competing priorities
• Ability to think creatively and strategically with a focus on achieving outcomes
• Experience with writing stories and requirements to support micro-services
• Product Owner role experience using Agile Methodologies
• Experience with detailed mapping and transaction transformation requirements

Education & Preferred Qualifications

• Bachelor’s degree or minimum of 14+ years of experience as an interface mapping analyst or business analyst
• Transaction management experience is required.
• Experience with State Street Transformation tools ISVC, IDW and DEH is a big plus.
• Working knowledge of Listed Securities, Bank Loans, OTC Derivatives, FX and Cash trade processing is a big plus.
• Experience with Capital Markets (Equity, FI, Money Markets, Short Terms, Listed Derivatives, FX and Cash products) and Middle Office Servicing is required;
• Experience with Middle Office and Back Office processing and additionally experience with Trade Order Mgmt Systems is beneficial
• Individual must have extensive detailed SWIFT Market Practice knowledge of inbound and outbound SWIFT messages with detailed understanding of Financial Messaging: SWIFT (ISO 7775/15022/20022)
• Good understanding of Industry standard messaging Formats : AVRO, JSON, XML, FPML, SWIFT MT950/MT940, MX - CAMT53
• Experience or understanding of Kafka Messaging, MQ, SFTP is a big plus.
• Good understanding of BPNM Diagrams (Workflows) is a big plus.
• Ability to analyze and initiate new concepts and functionality in a changing environment and ability to obtain pertinent information by research, interaction with clients/users.
• Demonstrated skill in the implementation phase of large and complex projects
• Experience or understanding of SQL/database query skills is a big plus
• STT(State Street) specific understanding of flows and processes is preferred
• Proactive and target driven in achieving successful implementation of projects within defined timeline
• Multiple tasking ability. Good time organizational skills to manage project priorities
• Team player, detail oriented and self-motivated to drive work to proceed with minimal supervision
• MS Office Products

Salary Range:

$110,000 - $188,750 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

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About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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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.