IFDS Transfer Agency Business Analyst - A1

at  State Street

The Business Analyst is responsible for liaising with business teams in order to elicit, analyze, communicate and validate requirements for changes in business processes, policies and information systems.
As Business Analyst, you will be responsible for:

Job Duties

• Defining mappings & business rules to achieve compatibility between “as is” and “to be” models
• Follow the BA process outlined in the BA Charter
• Analysis of new system functionality to understand in detail how it can support and will impact business functions.
• Working with business representatives to understand requirements, scope and acceptance criteria
• Interpretation of business needs and translation into application and operational requirements.
• Analyse and document business processes
• Walkthroughs of requirements with Business and Technology areas
• Obtaining appropriate sign-off
• Reporting of progress to Project Manager
• Escalation of risks and issues to Project Manager
• Develop requirement specifications according to standard templates using natural language
• Working closely with developers and end users to ensure technical compatibility and user satisfaction
• Provision of the Application Support Document
• Assistance with & execution of User Acceptance Testing as required
• Writing User Manuals, Training Material and Application Support Documents as required.
• Ad-hoc Problem Solving
• Ensure that specialist knowledge is kept current and disseminated as appropriate and be aware of possible future developments and trends.
• Contribute to the evolution of the BA Charter/Methodology to industry best practice.
• Project management of small initiatives may be required from time to time.

To be successful in this role, your experience should include:

Knowledge, Skills & Experience Required

• Working knowledge of Transfer Agency and Transfer Agency systems is an advantage.
• Ability to work across and become proficient in multiple systems
• Good organizational skills.
• Strong attention to detail.
• Ability to work to deadlines
• Strong problem-solving skills.
• Excellent communication, interaction and influencing skills.
• Self-motivated, innovative and analytical.
• Ability to fully analyze and evaluate several potential alternatives to a given challenge and present the results to the appropriate stakeholders to enable a decision on the optimal solution.
• Ability to work well both as an individual and part of a team.
• Excellent verbal and written communication skills.
• Advanced PC skills including MS Office: (Excel, Word, Power Point, Outlook, Visio).
• A proactive approach to problem solving, taking ownership of issues and having determination to follow things through.
• Good prioritization and time management.
• Ability to clearly define requirements in significant details leaving no room for misinterpretation.
• Ability to engage successfully in multiple initiatives simultaneously

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

• Defining mappings & business rules to achieve compatibility between “as is” and “to be” models
• Follow the BA process outlined in the BA Charter
• Analysis of new system functionality to understand in detail how it can support and will impact business functions.
• Working with business representatives to understand requirements, scope and acceptance criteria
• Interpretation of business needs and translation into application and operational requirements.
• Analyse and document business processes
• Walkthroughs of requirements with Business and Technology areas
• Obtaining appropriate sign-off
• Reporting of progress to Project Manager
• Escalation of risks and issues to Project Manager
• Develop requirement specifications according to standard templates using natural language
• Working closely with developers and end users to ensure technical compatibility and user satisfaction
• Provision of the Application Support Document
• Assistance with & execution of User Acceptance Testing as required
• Writing User Manuals, Training Material and Application Support Documents as required.
• Ad-hoc Problem Solving
• Ensure that specialist knowledge is kept current and disseminated as appropriate and be aware of possible future developments and trends.
• Contribute to the evolution of the BA Charter/Methodology to industry best practice.
• Project management of small initiatives may be required from time to time