Bank Loans - Assistant Vice President

Why the role is important

State Street's Alpha Business Architecture team is seeking a versatile individual with senior business and data analysis skills for development and support of enhancing our services and product offerings. The candidate will be able to support the delivery of cross-operations, high priority projects across all typical project phases in support of strategic initiatives impacting complex instruments from an Alpha Front to Back.

What you will be responsible for

Business analyst experienced in trade processing, with sound knowledge of Bank Loans or fixed income, is required to perform detailed analysis of requirements, liaise with the business groups and external parties. The candidate will demonstrate experience working with middle and back office derivatives processing to define detailed requirements and working alongside the technical resources to build technical solutions.

The successful candidate will be able to discuss business requirements in detail exhibiting a good understanding of financial products and business controls. The BA will interface with operations, IT, Project Management, and other internal and external third party system owners. The candidate will be equally at ease discussing business and technical issues, and will be able to lead solution discovery.

• Directs efforts cross-functionally and uses 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.

• Directs the gathering of business/system requirements by facilitating user meetings, interviewing users, and researching and resolving issues.

• Makes judgments on gathered analysis information, using flowcharting and other methodologies.

• Leads the analysis of current processes and recommends solutions and improved processes.

• May assume overall responsibility for and follow up of the project execution until the product is implemented and utilized.

• Leads and reviews draft detailed requirements and related documentation.

Monitors project planning and management by documenting and maintaining plans, managing issue logs and preparing project documentation.

• Utilize expert level of knowledge of implementation project and user needs.

Demonstrates understanding of the impact of problems on the organization as a whole, and facilitate collaboration to achieve resolutions.

• Communicates with client to ensure the effective use of the product and that client's needs are met.

• Use a broad array of communication tools to inform, persuade, influence, direct and facilitate communication within project teams and between Business and Technical teams.

• Document business requirements using clear, concise language consistent with the methodology framework.

• Ensure effectiveness of daily operations. Recommends revised procedures and processes.

• Model and analyze business processes and assist the business in identifying ways to maximize operational efficiencies, quality and compliance.

• Identify compile, analyze and document business requirements that accurately and thoroughly reflect business needs.

• Acts as a liaison between users, developers, testers, and implementation specialists.

• May direct special projects, e.g., conducting research, collecting and providing requested data, etc.

Qualifications:

• Bachelor's degree with at least 5 years' experience as a business analyst or Derivatives SME

• Working knowledge of Fixed Income products strongly preferred

• MS Office Products - especially Excel

• SQL knowledge preferred

• Excellent analytical and interpersonal skills

• Excellent verbal and written communication and presentation skills

• Strong relationship management skills

Education & Preferred Qualifications

• BS/BA degree required. Must have a minimum of 5-7 years of related experience, preferably in financial services industry

• Experience in working with Bank Loan asset class required

• Proficiency with Wall Street Office (WSO)

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

Salary Range:

$90,000 - $155,000 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.