Business Applications Analyst, Senior Associate

Who we are looking for

The Senior Associate Business Applications Analyst is responsible for liaising with business teams in order to elicit, analyze, communicate and validate requirements for changes in business processes, policies and information systems.

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

As Business Applications Analyst you will

• Follow the BA process outlined in the BA Charter
• Analyze new system enhancements/regulatory changes/ operational process improvements requests to understand in detail impact on business functions and systems
• Perform data mapping and transformation in migration projects
• Work with business representatives to understand requirements, scope and acceptance criteria
• Define mapping of “as-is” and “to-be” business processes
• Interpret business needs and translation into application and operational requirements
• Document requirements according to standard templates using natural language
• Walkthrough of requirements with Business and Technology areas
• Obtain appropriate sign-off
• Escalate of risks and issues to Project Manager
• Work closely with developers and end users to ensure technical compatibility and user satisfaction
• Be responsible for provision of the Application Support Document
• Write User Manuals, Training Material and Application Support Documents as required
• Proactively identify and  contribute to the evolution of the BA Charter/Methodology to industry best practice, to meet the changing requirements of customers, to improve efficiency, or to reduce risk
• Drive and challenge Business Units on their assumptions of how they can execute business processes
• Be responsible for Project management of small initiatives may be required from time to time

What we value

These skills will help you succeed in this role

• Excellent analytical skills
• Experience in work with large data sets would be an advantage.
• Strong communication, presentation and negotiation skills.
• Ability to ask right questions and ability to interpret and present gathered information.
• Good internal and external stakeholder relationship management skills. 
• Ability to work well as an individual, organize your own work well.
• Proactive approach to problem solving, taking ownership of issues and having determination to follow things through.

Education & Preferred Qualifications

• Minimum 3 years of business analysis experience in a financial services or similar, for instance fund industry operational experience.
• Experience in work in business processes or business analysis within financial sector, especially in fund industry.
• Knowledge of Trailer fee processing would be an advantage
• Knowledge of requirements and project life cycle would be an advantage.
• Understanding different project methodologies (Waterfall/Agile) would be an advantage
• Advanced knowledge of MS Office tools especially Excel, including pivot tables, advance formula.
• Knowledge of MS Access and experience in building macros would be an advantage.
• Experience with work with databases and IT infrastructure would be welcome.
• Advanced knowledge of Word, Power Point, Outlook, Visio

We offer

• Flexible working hours (restricted to the current business need) 
• No Intra-day deadlines 
• Interesting, non-repetitive process 
• Possibility to Work From Home 
• Employee savings plan 
• Premium life insurance package 
• VIP medical package 
• International operating environment 
• Language classes 
• Soft skills training's 
• Technical workshops

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.

Discover more at StateStreet.com/careers

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