Data Analytics & Management - Team Leader

State Street; Bengaluru; On-site; INR 250,000 - 450,000; Full time

Job summary

State Street in Bengaluru is seeking a Business Analyst to support regulatory reporting changes across global platforms. You will collaborate with Regulatory Reporting, Technology, Data Management, and business stakeholders to implement new requirements accurately.

The role emphasizes data analysis, data sourcing decisions, and the creation of BRDs/FRDs, user stories, and process flows. Prior experience in finance/regulatory projects and Agile/Waterfall delivery is valuable.

Qualifications

• 5+ years in regulatory reporting, finance transformation, or data management.
• Experience supporting regulatory reporting changes in banking/finance preferred.
• Experience in Agile and Waterfall delivery environments.
• Experience with Axiom, A360 or Workiva preferred.

Responsibilities

• Regulatory Change Analysis: analyze new/amended regulatory reporting requirements and assess impacts.
• Regulatory Change Analysis: interpret instructions, document reporting obligations and logic.
• Regulatory Change Analysis: partner with SMEs to ensure accurate requirements.
• Business & Data Analysis: perform data analysis and lineage across source systems.
• Business & Data Analysis: identify data sourcing requirements and quality rules.
• Business & Data Analysis: define reconciliation and exception criteria.
• Requirements Management: prepare BRDs/FRDs, user stories, and flows.
• Requirements Management: run requirements workshops and translate into Jira stories.
• Requirements Management: support backlog refinement and prioritization.

Skills

Regulatory reporting knowledge

Data analysis

Requirements gathering

Agile/Waterfall

Education

Bachelor's degree (Finance/Accounting/Economics/IS/Business Admin)

Tools

Axiom/A360

Workiva

Jira

Job description

Purpose of Role:

The Data & Artificial Intelligence (DART) Team is responsible for providing business and technology solutions for our Finance business partners. The Business Analyst is responsible for analyzing, designing, and supporting the implementation of regulatory reporting changes across global regulatory reporting platforms. The role serves as a key liaison between Regulatory Reporting teams, Technology, Data Management, and Business stakeholders to ensure new regulatory requirements, reporting enhancements, data sourcing changes, and process improvements are implemented accurately and efficiently.

Key Responsibilities

Regulatory Change Analysis

• Analyze new and amended regulatory/ statutory reporting requirements and assess business, data, and system impacts.
• Interpret regulatory instructions and translate them into business and functional requirements.
• Partner with Regulatory Reporting SMEs to document reporting obligations and reporting logic.
• Assess impacts of new products, acquisitions, regulatory changes, and remediation initiatives on existing reports.

Business & Data Analysis

• Perform detailed data analysis and data lineage assessments across source systems and reporting platforms.
• Identify strategic and non-strategic data sourcing requirements.
• Define data quality rules, reconciliation requirements, variance thresholds, and exception reporting criteria.
• Analyze MDRM, reporting attributes, calculations, and reporting hierarchies where applicable.

Requirements Management

• Prepare Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), user stories, and process flows.
• Facilitate requirements workshops with business, regulatory, operations, and technology teams.
• Translate regulatory requirements into detailed Jira stories and acceptance criteria.
• Support backlog refinement and prioritization activities.

Qualifications

Education

Bachelor's degree in Finance, Accounting, Economics, Information Systems, Business Administration, or related field.

Experience

• 5+ years of experience in regulatory reporting, finance transformation, business analysis, or data management.
• Experience supporting regulatory reporting change initiatives within banking or financial services would be preferred
• Experience working in Agile and Waterfall delivery environments.
• Experience in Axiom/ A360 or Workiva would be preferred.

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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