IT Business Analyst, AVP

State Street; City of Edinburgh; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an IT Business Analyst to join their KYC Solutions Team. This pivotal role involves collaborating with development and QA teams to deliver technical solutions that meet business and regulatory requirements. The ideal candidate will possess strong analytical skills and a deep understanding of AML/KYC applications. You'll be responsible for liaising with compliance teams and vendors, ensuring effective communication and prioritization of KYC-related tasks. If you're passionate about process improvement and technology, this is an exciting opportunity to make a significant impact in a dynamic environment.

Qualifications

• Experience in AML/KYC applications and regulatory data collection.
• Strong analytical skills to interpret customer business needs.

Responsibilities

• Provide solutions to complex business processes related to AML/KYC applications.
• Assist in coordinating global touchpoints for KYC communication.
• Support resolution of application production issues.

Skills

Analytical Skills

Interpersonal Skills

Process Improvement

Communication Skills

Education

Experience in Writing Business Requirement Documents

Knowledge of KYC Requirements

Job description

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 AML/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, CRR, PR Form, EDD Form, MySS reports, KYC Extract updates, enhancements, requirements are clearly understood, prioritized appropriately and implemented
• Work directly or indirectly through AML Compliance teams with regulators, monitors and examinations for all information requests related to AML reviews
• Work with UK TA team on FenX requirements for the UK Transfer Agency business.
• SME for KYC Platform, Customer Risk Rating Application, Periodic Review Form Application, EDD Form Application and MySS KYC Reporting
• Write User Stories and work with globally co-located Agile Teams to provide business solutions
• 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;
• 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.

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