Job Description
Full Job Description
Who we are looking for
This Officer role will support the Global Delivery Simplification Program focused on automation of processes within the Transaction Management team. As a Business Analyst, you will be responsible for researching, analyzing and documenting current and future state processes. You will interact with internal teams such as Business, IT and Client Service/Relationship. Experience within Global Delivery or Client Service/Relationship is highly recommended. This role is being posted in Hyderabad but candidates in any India office are welcome to apply.
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 the Officer-Business Analyst, you will
Drive the strategy of our multi-year transformation program by researching, analyzing, and modernizing the ways that clients send financial data to State Street
Create new ways to analyze data across a base of 2000+ custody clients to monitor and track manual activity
Dive deep into clients' current activity to fully understand the current methods of communication and required outcomes, partnering with operations teams to create a complete view of current state
Partner with technology and operations teams to deliver solutions that can support 100% of the outcomes required by our client base, including:
Process mapping
Current vs Future State & Gap analysis
Deployment / flight plan creation
Work with multiple Agile Product Owners to deliver requirements that can be turned into actionable, valuable stories that align with project roadmap and deliverables
Create client and product-specific data sets that will allow digitization of currently manual financial transactions
Engage with and influence clients and client teams globally to obtain changes required to support data modernization, partnering with senior leadership in client service to deliver rapid adoption across entire client segments
Manage and prioritize existing and new automation demand to deliver maximum value for all stakeholders
Design and implement demand management and production support models for new and existing automation tools as part of the Central Ingestion Strategy project
Create and manage reporting for all aspects of project, including metrics, program status, and client-specific activity
What we value
These skills will help you succeed in this role
Excellent project management skills ability to manage large, complex projects throughout the project life cycle and manage project teams on tight time frames
Ability to manage through complex issues and realign priorities and deliverables to ensure milestones and targets are achieved
Strong interpersonal, communication, facilitation, presentation, and negotiation skills
Strong relationship management skills with demonstrated ability to work across global SSC business lines
Strong prioritization management and resource management skills
Expertise with project management methodology and tools and experienced with budget and cost tracking
Education & Preferred Qualifications
7+ years' financial services experience, custody and fund accounting experience preferred
Bachelors degree required
Expertise with a variety of financial products, including securities, cash, repurchase agreements, foreign exchange, and derivatives
Strong PC skills, including MS Office applications and project scheduling and flowcharting software
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, ****** 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
7.00-10.00 Years
Who we are looking for
This Officer role will support the Global Delivery Simplification Program focused on automation of processes within the Transaction Management team. As a Business Analyst, you will be responsible for researching, analyzing and documenting current and future state processes. You will interact with internal teams such as Business, IT and Client Service/Relationship. Experience within Global Delivery or Client Service/Relationship is highly recommended. This role is being posted in Hyderabad but candidates in any India office are welcome to apply.
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 the Officer-Business Analyst, you will
Drive the strategy of our multi-year transformation program by researching, analyzing, and modernizing the ways that clients send financial data to State Street
Create new ways to analyze data across a base of 2000+ custody clients to monitor and track manual activity
Dive deep into clients' current activity to fully understand the current methods of communication and required outcomes, partnering with operations teams to create a complete view of current state
Partner with technology and operations teams to deliver solutions that can support 100% of the outcomes required by our client base, including:
Process mapping
Current vs Future State & Gap analysis
Deployment / flight plan creation
Work with multiple Agile Product Owners to deliver requirements that can be turned into actionable, valuable stories that align with project roadmap and deliverables
Create client and product-specific data sets that will allow digitization of currently manual financial transactions
Engage with and influence clients and client teams globally to obtain changes required to support data modernization, partnering with senior leadership in client service to deliver rapid adoption across entire client segments
Manage and prioritize existing and new automation demand to deliver maximum value for all stakeholders
Design and implement demand management and production support models for new and existing automation tools as part of the Central Ingestion Strategy project
Create and manage reporting for all aspects of project, including metrics, program status, and client-specific activity
What we value
These skills will help you succeed in this role
Excellent project management skills ability to manage large, complex projects throughout the project life cycle and manage project teams on tight time frames
Ability to manage through complex issues and realign priorities and deliverables to ensure milestones and targets are achieved
Strong interpersonal, communication, facilitation, presentation, and negotiation skills
Strong relationship management skills with demonstrated ability to work across global SSC business lines
Strong prioritization management and resource management skills
Expertise with project management methodology and tools and experienced with budget and cost tracking
Education & Preferred Qualifications
7+ years' financial services experience, custody and fund accounting experience preferred
Bachelors degree required
Expertise with a variety of financial products, including securities, cash, repurchase agreements, foreign exchange, and derivatives
Strong PC skills, including MS Office applications and project scheduling and flowcharting software
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, ****** 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
7.00-10.00 Years
💡 Quick Summary
Seeking a career-building opportunity? The GD Simplification | Business Analyst| Officer position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.