The Role
The role of IT Business Analyst, Officer will be a member of the KYC Solutions Team, which is part of Compliance IT. You will work with development and QA teams as well as an outside vendor This position will be a key member of the KYC Solutions team. The team works with State Street IT teams and an outside vendors to deliver technical solutions to KYC business and regulatory requirements. You will be responsible for liaising with business and compliance teams to obtain, analyze, communicate and validate requirements for changes in KYC applications.

Job Responsibilities

• Provide solutions to complex business processes related to Know Your Customer (KYC) applications and regulatory data/document collection requirements
• Assist in coordinating global touchpoints via working groups, governance committees and user groups to ensure communication of KYC Platform, Customer Risk Rating, Periodic Review Form, Enhanced Due Diligence Form, MyStateStreet reports, KYC Extract updates, enhancements, requirements are clearly understood, prioritized appropriately and implemented
• Work directly or indirectly through AML (Anti-Money Laundering) Compliance teams with regulators, monitors and examinations for all information requests related to AML reviews
• Subject Matter Expert for KYC Platform, Customer Risk Rating, Periodic Review Form, Enhanced Due Diligence Form applications and MyStateStreet KYC Reporting
• Write User Stories and work with globally co-located Agile team that include business, developers and testers
• Configure vendor application to provide solutions to business and regulatory requirements
• Support resolution of application production issues

What we value

These skills will help you succeed in this role:

• Able to work independently and lead working groups;
• Strong problem-solving and analytical skills along with close attention to detail;
• Excellent interpersonal and communication skills enabling you to effectively work with management, team members, and vendors;
• Passionate about process improvement and technology.

Education & Preferred Qualifications

• Working knowledge of State Street KYC requirements and applications is a must;
• Experience in writing Business Requirement Documents is preferred;
• Ability to work with multiple distributed teams across time zones;
• Strong analytical and product management skills required, including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirements
• Advanced knowledge of Fenergo SaaS platform software, including how to configure policies and journeys

State Street’s Speak Up Lin

Job Responsibilities

• Provide solutions to complex business processes related to Know Your Customer (KYC) applications and regulatory data/document collection requirements
• Assist in coordinating global touchpoints via working groups, governance committees and user groups to ensure communication of KYC Platform, Customer Risk Rating, Periodic Review Form, Enhanced Due Diligence Form, MyStateStreet reports, KYC Extract updates, enhancements, requirements are clearly understood, prioritized appropriately and implemented
• Work directly or indirectly through AML (Anti-Money Laundering) Compliance teams with regulators, monitors and examinations for all information requests related to AML reviews
• Subject Matter Expert for KYC Platform, Customer Risk Rating, Periodic Review Form, Enhanced Due Diligence Form applications and MyStateStreet KYC Reporting
• Write User Stories and work with globally co-located Agile team that include business, developers and testers
• Configure vendor application to provide solutions to business and regulatory requirements
• Support resolution of application production issue

These skills will help you succeed in this role:

• Able to work independently and lead working groups;
• Strong problem-solving and analytical skills along with close attention to detail;
• Excellent interpersonal and communication skills enabling you to effectively work with management, team members, and vendors;
• Passionate about process improvement and technology