AVP- BA/QA Analyst (Finance)

Who we are looking for
State Street Global Technology Services ERM systems seeking someone who has Business Analysis experience in Boston, Massachusetts.This role requires hands on analysis and testing experience in Securities Lending and Derivatives financial products, thorough understanding and implementation knowledge in Credit and Market risk measures. This position requires past-experience working with agile teams dispersed globally and to work in a collaborative and technology-driven environment to implement end to end solutions.

What you will be responsible for
As a Business Analyst you will
• Lead the end-to-end analysis in Credit and Market Risk measures and Stress Testing scenarios, planning and execution working with IT agile teams
• Partner with internal business users to analyze platform requirement and prioritize demand
• Work with the business and development teams to define requirements, product backlog, stories and functional specification documentation
• Ability to query database to analyze data using Python/SQL queries and draft the functional specification documentation
• Excellent communication skills and ability to gather and understand requirements in the financial sector
• Ability to work on multiple initiatives simultaneously and run meetings/workshops to explain and walk through business needs
• Liaise with scrum masters, business/systems analysts and software engineers to assist in resolving systems issues.
• Participate in daily stand ups, iteration planning, product demos and retrospective meetings
• Works with and contributes toward company-wide established goals & objectives
• Identify, solve or escalate potential issues and risks during development life cycles
• Collaborate with cross functional agile teams across Risk IT to deliver consistent and timely results with high quality
• Anticipate critical issues and risks, and takes responsibilities for resolution including escalation where appropriate

What we value
These skills will help you succeed in this role
• Hands-on analysis experience Securities Finance, Repo and foreign exchange business lines
• Strong understanding on credit and market risk measures includes - EAD , PFE, VaR, Stress testing Exposures and CCAR L5 reporting
• Experience in analyzing and implementing Stress testing pricing shocks in Algo risk engine model
• Experience in coordinating CCAR operational activities and executing Securities Finance Credit risk measures implementation
• Good understanding of various regulatory frameworks like Basel III and CCAR, Enterprise Risk Management Framework and Corporate data governance
• Work with Dev and QA teams to resolve any questions and line-up the stories for production release
• Support production data quality issues to provide root cause analysis and solution to fix
• Manage backlog refinement in Jira in collaboration with business users to draft the story details
• Demonstrate mastery when it comes to understanding end-to-end application framework
• Create test cases for system processes based on functional specification
• Experience in working with multiple IT teams to define, prioritize and create detailed requirements, EPICs, stories and dependencies etc
• Strong critical thinking, problem solving, and decision-making skills
• Strong interpersonal communication, collaboration, facilitation, and presentation skills

Education & Preferred Qualifications
• Masters or Bachelor's degree in computer science, Information Systems, Business, or a related field.
• 10+ years proven related experience working in Financial domain
• Experience in Jira, Confluence and SQL queries
• Experience in drafting functional specification documents and project plans
• Experience performing data analysis and data exploration
• Experience working in an agile delivery environment

Additional requirements
• Communicate effectively in a professional manner both written and orally
• Team player with a positive attitude enthusiasm initiative and self-motivation
• Ability to multi-task energetic fast learner & problem solver

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.
Why this role is important to us
Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We're driving the company's digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We're looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

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.

Salary Range:
$90,000 - $142,500 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.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line Salary Minimum: 90000Salary Maximum: 142500