Level

State Street

IA Business Analyst - Business Services

AI in this role

The Vice President, Product Management role is responsible for helping to define platform strategy, conducting business & market trend analysis, managing requirement definition & solution design processes, and ensuring successful delivery/rollout of product enhancements to meet strategic product roadmap metrics for the Investment Accounting platform.

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What we are looking for

Alpha Services Product team is looking to hire a lead Business Analyst to help define product strategy deliverables, design strategic end-to-end solutions, lead delivery of project requirements through the software development lifecycle and assist with implementing new project enhancements to meet our Investment Accounting strategic platform objectives. This includes working with key stakeholders across Product, Technology, Operations, and Client teams to bring new product enhancements/services into a client ready state.

 

Why this job is important to us

State Street Alpha brings together data and capabilities across the investment lifecycle to help our clients make better decisions, grow at scale, and deliver returns for their clients.  We partner with clients to optimize their operations, data, and technology footprint by leveraging the Alpha Platform and outsourced Alpha Services. The Alpha Services team is looking for qualified individuals with strong experience to lead product initiatives within the Investment Accounting platform. The successful candidate will have deep product/service domain knowledge in Investment Accounting/IBOR platforms, a strong background in requirements definition & solution design, and managing project delivery through the development lifecycle.

 

What you are responsible for

1) Manage and lead requirement definition and solution design for strategic product development initiatives within the Investment Accounting platform. 

2) Ensure requirements/design solutions are well thought out from a component & end-to-end solution and are effectively documented.

3) Gain consensus with key stakeholders across Product, IT, Operations, and Client teams for end-to-end solution design/requirements.

4) Drive the delivery of product enhancements throughout the development lifecycle to meet timeline/cost commitments. 

5) Apply strong business judgment to surface impediments/issues and provide practical, high impact options to resolve.

6) Utilize client requests, partner feedback, and market trend analysis to contribute to the strategic Product roadmap.

7) Assist with adoption of AI processes to help improve product management functions and delivery.

 

Education and Preferred Qualifications

1) Minimum of a bachelor's degree in finance, accounting, or information systems.

2) Minimum 15-years financial services experience including practical application in product management and development. 

3) Demonstrated strong product management, business analysis, or relevant operations experience as part of product development initiatives.  

4) Have proven Investment Accounting subject matter expertise in one or more of the following disciplines: accounting, security valuation, cash management, and corporate actions/income.

5) Comfortable presenting to and interacting with key stakeholders including clients.

6) Proven strong communication, interpersonal, decision-making and negotiation skills.

7) Ability to influence and work collaboratively across multiple organizations and stakeholders to reach common goals.

8) Organized with the demonstrated ability to multi-task in a fast-paced environment.

9) Competencies required: deep domain expertise, strong business analysis skills, analytical/problem solving skills, business/industry knowledge, practical experience with Agile/SDLC development, demonstrated teamwork and leadership, ownership mindset, strong written and verbal skills.

 

Salary Range:

$115,000 - $205,000 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.


About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.


We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.


As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.


Discover more information on jobs at StateStreet.com/careers


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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.

How we rate this

IA Business Analyst - Business Services at State Street rates 33 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

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