What are the responsibilities and job description for the Business Analyst position at State Street?
Who We Are Looking For
Our team, Technology Governance and Program Management, provides structured governance and program execution while supporting business, technology transformation and regulatory commitments. Clear communication, metrics, and visibility are building blocks of our values. We are seeking a Business Analyst to join the team. As the incumbent, you will play an important role in leading complex technical business analysis efforts to drive strategic initiatives and process improvements across the organization. This technical role focuses on advanced requirements analysis, data-driven decision-making, and the development of comprehensive functional specifications to support critical business objectives. The ideal candidate will be a strong leader with a demonstrated ability to produce results in a timely manner.
While the Business Analyst is an individual contributor, it is a highly collaborative role, and you will work with various stakeholders to deliver value-added business analysis in service to optimization and efficiency creation. You understand risk frameworks, control environments, data management requirements and have analytical, strategic thinking, organizational and communication skills.
What You Will Be Responsible For
These skills will help you succeed in this role
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
State Street's Speak Up Line
Job ID: R-763798
Our team, Technology Governance and Program Management, provides structured governance and program execution while supporting business, technology transformation and regulatory commitments. Clear communication, metrics, and visibility are building blocks of our values. We are seeking a Business Analyst to join the team. As the incumbent, you will play an important role in leading complex technical business analysis efforts to drive strategic initiatives and process improvements across the organization. This technical role focuses on advanced requirements analysis, data-driven decision-making, and the development of comprehensive functional specifications to support critical business objectives. The ideal candidate will be a strong leader with a demonstrated ability to produce results in a timely manner.
While the Business Analyst is an individual contributor, it is a highly collaborative role, and you will work with various stakeholders to deliver value-added business analysis in service to optimization and efficiency creation. You understand risk frameworks, control environments, data management requirements and have analytical, strategic thinking, organizational and communication skills.
What You Will Be Responsible For
- Lead cross-functional collaboration across teams and disciplines to drive alignment between business objectives and technical solutions
- Oversee dependency mapping efforts to manage interdependencies at an organizational level, ensuring project success and strategic alignment
- Guide systems and flow analysis to identify high-level inefficiencies and opportunities for improvements
- Drive evaluation of complex workflows and processes, ensuring alignment with organizational goals and compliance standards
- Champion process and flow optimization efforts through advanced visualization and stakeholder communication
- Leverage deep knowledge of financial products to provide strategic insight into system and process improvements
- Conduct in-depth technical and business analysis to identify trends, insights, and requirements
- Translate high-level business requirements into detailed technical specifications and functional documentation
- Perform complex data analysis and modeling to support business strategy and decision-making
- Design and implement advanced reporting solutions, data models, and dashboards to provide actionable insights
- Collaborate with IT and development teams on system integration and enhancements
- Conduct end-to-end testing of technical solutions, ensuring alignment with requirements and functionality
- Identify opportunities for process automation and optimization, leveraging technical expertise to recommend solutions
These skills will help you succeed in this role
- Advanced proficiency in data visualization tools and Excel
- Strong technical background in data modeling, systems integration, and business process automation
- Experience with software development lifecycle (SDLC), agile methodologies, and working with IT teams
- Exceptional analytical and problem-solving abilities, with attention to detail
- Excellent written and verbal communication skills, with the ability to present complex information clearly.
- Bachelor’s degree or commensurate experience in Business Analytics, Information Systems, Computer Science, or a related field; advanced degree preferred.
- Demonstrated experience in technical business analysis, with advanced expertise in data analysis and requirements gathering.
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
State Street's Speak Up Line
Job ID: R-763798
