Business Analyst, Assistant Vice President at State Street in Boston, Massachusetts

Job Description:

Who we are looking for

State Street Global Billing Operations (GBO) has a transformation project underway to migrate client invoicing to a new billing application.  The goal of this project is to mitigate billing error risk by decommissioning multiple billing platforms into a standard application.  This project is global in scale and is comprised of 4 key pillars:  Data readiness and systems, client clustering and conversion, billing validation, and BAU production.   Complete, accurate and timely data is foundational to the success of the transformation effort.
 

The Data Readiness and Systems team has an immediate need for a versatile individual with strong business and data analysis skills that can be leveraged for the development of comprehensive business requirements impacting the build-out of the new billing application and its related systems.  The successful candidate must be skilled in complex business data analysis; have expertise with functional requirements gathering and documentation; have excellent verbal, written, and presentation skills; have a proven ability to liaise between business/implementation and technology teams and display strong collaboration skills in a matrixed, global organization.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. 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 Portfolio Manager/Trader you will

• Support data integration efforts by gathering and documenting comprehensive business requirements, including but not limited to configuration set up requirements for new data sources, billing calculation logic, data gathering and loading, and testing.


• Work closely with team members from data sourcing and lineage, GBO, data operations and data providers to establish and document implementation requirements, including the development of use cases to support testing.


• Analyze and document data mappings from source systems to the data hub and resulting data outputs required for client invoicing conversion.


• Analyze and document any derivation, workflow and enrichment required within the application and related systems that are necessary to support data integration and client conversion activities.


• Work with the data transformation leads and IT to establish project delivery plans for future releases.


• Maintain a strong working knowledge of the billing platform and the data repository and client set up system with which it interacts.


• Collaborate with other teams within billing transformation and IT to share best practices, raise issues and develop consistent global processes


• Support the implementation of on-going enhancements to billing platform as needed


• Knowledge and working experience of SQL, Oracle, Toad, Squirrel, EDM and ETL are all an advantage. 

Individual Contributor:

• Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role


• Ensure that the highest level of the Code of Conduct is displayed in daily behavior


• Provide appropriate management information as required to support decision making


• Support the ‘Risk Excellence’ culture within the transformation project

What we value

These skills will help you succeed in this role

• Team player with professional attitude and positive approach


• Flexible and able to adapt easily to changing/evolving role requirements


• Creative, innovative and able to think outside of the box


• Strong attention to detail


• Self-motivated & self-sufficient


• Effective communicator at all levels within the organization

Education & Preferred Qualifications

• Bachelor’s degree or above.


• 5+ years of financial services industry experience is preferred.


• Previous experience documenting complex business requirements


• Clear understanding of identifying data requirements and inter-dependencies.


• Ability to effectively communicate


• Ability to multitask and work under high pressure deadlines.


• Ability to reprioritize quickly when necessary.


• Previous billing experience is a plus but not required.


• Knowledge and working experience with SQL, Oracle, Toad, Squirrel, EDM and ETL are all an advantage.

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

In compliance with the U.S. federal government Executive Order 14042, State Street requires vaccination against COVID-19 as a condition of employment in the United States. If you accept this position, you will be required to substantiate that you are vaccinated, or that you are legally entitled to a religious or medical exemption.

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