Loan Transformation, Business Analyst, Officer

Who we are looking for

Working in the Bank Loans & Derivatives transformation team, the Business Analyst is responsible for supporting the transformation program by working with the business and IT teams to write requirements, perform system testing and implement new or improved functionality relating to Bank Loans.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

• Participate in workflow analysis, data analysis, requirements analysis for current and future state operating models and architecture
• Build strong relationships with business and IT teams
• Participate in various stages of the transformation lifecycle (solution design, integration and testing, implementation and operational readiness).
• Develop product and platform knowledge for State Street Bank Loans services
• Provide regular status updates and support program management as directed
• Overseeing the implementation of approved process improvements
• Support testing for new functionality and automation projects
• Carrying out training sessions and workshops to guide relevant teams
• Carrying out periodic quality checks

What we value

These skills will help you succeed in this role

• Strong analytical, reconcilement and organizational skills
• Proficient in MS Office including MS Visio, MS Project and PowerPoint
• Ability to work independently and in a fast-paced, globally structured and team-based environment
• Sound Knowledge of Wall Street Office
• Exposure to all aspects of the Bank Loan product Lifecycle

Education & Preferred Qualifications

• Bachelor’s degree or above.
• 3+ years of financial industry experience including solid Bank Loans services exposure and platform exposure.

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.

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.

State Street is an equal opportunity and affirmative action employer.

For further information, and to apply, please visit our website via the “Apply” button below.