Business Analyst - Tech Lead

State Street; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

State Street in Bengaluru is seeking a Business Analyst to support automation of client transactions and SWIFT-related processes across custody and accounting platforms.

You will analyze, validate and deploy multiple automation projects, engage with business and client services, and ensure high STP rates through testing and effective issue resolution.

Qualifications

• Onboarding client/Investment Managers SWIFT messages into Custody and Accounting applications.
• Experience with securities products across equities, bonds, derivatives and short term securities.
• Understanding business processes related to Transaction Management and processing platforms.
• Experience working with SWIFT MT Messages and client servicing teams.
• Deployment team experience including analysis and testing.

Responsibilities

• Thorough knowledge of SWIFT Messages, Securities products, FX and Cash settlements.
• Manage new demand asks from business/client services to automate client transactions via internal workflow tools.
• Write user stories, review with IT leads, and manage multiple projects across BAU.
• Participate in onboarding SWIFT messages into custodial/applications.
• Complete analysis, validation and PROD release for assigned projects.
• Meet with business/clients to discuss file automation and test client files.
• Track end-to-end project progress and provide status reports.
• Triager PROD issues and advise on resolution.

Skills

Onboarding SWIFT messages

Securities products knowledge

FX and cash settlements

SWIFT MT Messages

Business analysis and writing user-ids

Tools

Internal system workflow tools

Job description

• Thorough knowledge of SWIFT Messages, Securities products, FX and Cash settlements
• Manage new demand asks from business/client services team to automate client transactions via internal system workflow tools.
• Write user stories, review with IT leads, and manage across BAU board and conduct implementation of multiple projects simultaneously.
• Participate in onboarding client / Investment Managers SWIFT messages into State Street’s Custody and Accounting applications
• Through knowledge and understanding of inbound securities, FX, cash and time deposit market practices and their implementation.
• Complete Analysis, Validation and PROD release for assigned projects/cases.
• Meet with business, client service, and/or clients to discuss file automation. Perform through testing of client files and provide accurate feedback or suggestion.
• Track end-to-end project/file progress and provide status report periodically.
• Triage PROD issues and provide insight to business team on how to resolve
• Answer miscellaneous questions from the business
• Investigate inquiries from various State Street organizations and follows through to ensure that implementation problems and issues are addressed
• Keep current internal procedures up to date.
• Facilitate weekend prod checkouts.
  

Job Title

Business Analyst

Role Summary And Description

• Thorough knowledge of SWIFT Messages, Securities products, FX and Cash settlements
• Manage new demand asks from business/client services team to automate client transactions via internal system workflow tools.
• Write user stories, review with IT leads, and manage across BAU board and conduct implementation of multiple projects simultaneously.
• Participate in onboarding client / Investment Managers SWIFT messages into State Street’s Custody and Accounting applications
• Through knowledge and understanding of inbound securities, FX, cash and time deposit market practices and their implementation.
• Complete Analysis, Validation and PROD release for assigned projects/cases.
• Meet with business, client service, and/or clients to discuss file automation. Perform through testing of client files and provide accurate feedback or suggestion.
• Track end-to-end project/file progress and provide status report periodically.
• Triage PROD issues and provide insight to business team on how to resolve
• Answer miscellaneous questions from the business
• Investigate inquiries from various State Street organizations and follows through to ensure that implementation problems and issues are addressed
• Keep current internal procedures up to date.
• Facilitate weekend prod checkouts.
  

Analyst will be responsible for managing multiple automation projects related to securities, cash, FX & time deposit file/ blotter automation for back office functions. Work responsibilities would include, daily interaction with business and/ or client side stakeholders. Providing timely feedback and suggestion to enhance STP rate. Generating swift alike messages out of client data via blotter and test them over downstream application to ensure they meet market and SSC standards. proactively resolve prod issues and escape/ highlight on timely manner.

Must Have Skills

• Onboarding client / Investment Managers SWIFT messages into Custody and Accounting applications
• Experience working in various security products like equities, bonds, fixed incomes, derivatives, short term securities and more.
• Understanding the business processes and business requirements as they relate to Transaction Management and the platforms that process these transactions.
• Experience working in SWIFT MT Messages
• Working as part of deployment Team, including analysis, testing, and Experience in working with client servicing teams and clients.

Good To Have Skills

• Knowledge of ISO20022 and MX swift messages
• Experience in transaction management, Securities settlement, Back Office and Middle office process
• Knowledge of the different security types , regulations and other market practices related to processing of trades

Keywords

Swift message mapping, Cash Swift Messages(pacs.009, pacs.008, pain.001, camt.057), Securities Swift messages, FX swift messages, MT540, MT541, MT542, MT543, MT304, MT321, MT380

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.

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Job ID: R-800310