Business Analyst - Assistant Manager

State Street; Hyderabad; Hybrid; INR 900,000 - 1,400,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

State Street in Hyderabad is seeking an experienced Business Systems Analyst for the Collateral team. The role focuses on architecting and managing software projects for real-time transaction processing in capital markets, with a hybrid work model balancing home and office.

The candidate should bring 7+ years of Capital Markets experience, strong SQL, Unix, and XML skills, plus Jira/Agile experience and ability to coordinate across multiple teams.

Qualifications

• 7+ years of experience in the Capital Markets domain, preferably within asset management or investment banking.
• Hands-on knowledge of relational databases/SQL (Sybase preferred).
• Understanding of post-trade processing and trade life cycle for various instruments (fixed income, equity, FX, derivatives, financing trades).
• Experience with multiple testing approaches (functional, regression, integration, user testing).
• Experience with production support / issue triage and Jira/Agile boards is a plus.
• Exposure to Unix and XML (creating XSD) is a plus and strong team collaboration is expected.

Responsibilities

• Manage projects on a monthly software release cycle with minimal supervision.
• Gather requirements by coordinating between business users, developers and managers.
• Develop use cases, functional specs, and test cases with documentation for each release.
• Meet with client senior managers, present solutions, and optimize business processes.
• Handle release weekend and production support.

Skills

SDLC / Agile

Data analysis

Stakeholder coordination

Multi-project management

Communication skills

Learning aptitude

Tools

SQL

Jira

Unix

XML / XSD

Sybase

Job description

Who We Are Looking For

The Collateral team is seeking an experienced Business Systems Analyst with financial services background to architect, design, and manage software projects critical to our client’s real-time transaction processing needs. The right individual will leverage their analytical and technical skills to quickly familiarize themselves with our environment and deliver on-time sensitive projects for a leading investment manager. This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

What You Will Be Responsible For

• Manage projects on a monthly software release cycle with minimal supervision.
• Gather business requirements by effectively coordinating activities between business users, developers and managers.
• Develop use cases, functional specifications, and test cases. Ensure test coverage and complete documentation for each software release.
• Meet with client senior managers, present business solutions, set up/optimize business processes.
• Handle release weekend support and production support.

What We Value

These skills will help you succeed in this role

• Strong understanding of SDLC process and project methodologies (Waterfall/Agile).
• Strong critical thinking and problem solving skills.
• Ability to independently perform data analysis, derive field mappings and transformations, and design business solutions in software.
• Ability to work on multiple projects simultaneously across different teams.
• Strong verbal and written communication skills, and the ability to coordinate with team members and stakeholders in multiple locations.
• Aptitude for learning new things and flexibility to adapt and follow guidelines.

Education & Preferred Qualifications

• 7+ years of experience in the Capital Markets domain, with an Asset Management or Investment Banking organization, is strongly preferred.
• Hands-on knowledge of relational databases/SQL (Sybase preferred).
• Understanding of post-trade processing and the trade life cycle for various financial instruments, including: fixed income, equity, foreign exchange, derivatives, and financing trades (repurchase agreements).
• Basic understanding of the margin collateral process is a strong plus Experience testing software designed for elaborate business scenarios
• Experience with multiple testing approaches functional, regressions, integration and user testing.
• Experience with production support / issue triage Experience with Jira, Agile boards is a plus.
• Exposure to Unix is a must Understanding of XML, including creating XSD, is a plus. Strong team collaboration skills

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation. We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company. Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

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

Read our CEO Statement

Job ID: R-790611