Business Analysis, AVP

State Street Corporation; Burlington (VT); On-site; USD 80,000 - 132,500; Full time

Job summary

State Street Corporation is seeking a Business Analyst - Risk to synthesize market requirements and collaborate with development and operations teams to deliver industry leading risk management solutions. The BA will also work closely with clients to gather requirements and provide workflows and documentation, guiding pre-sales and implementation teams for successful delivery.

The BA will help drive product strategy, define prioritized requirements, and validate work with the product development

Qualifications

• Familiarity with financial risk models and risk vendors (MSCI, Axioma).
• Solid understanding of risk measures (Ex-Ante Risk, Ex-Post Risk).
• Experience working with large data sets.
• Advanced degree in mathematical finance or business.

Responsibilities

• Work in a dynamic, fast-paced agile environment to deliver a high-quality product.
• Streamline data quality management across asset classes within front and middle office workflows.
• Act as a trusted expert who understands how data integrates across applications.
• Gather requirements for products–research, document, and prioritize product requirements.
• Interact with clients: presenting new features, gathering feedback.
• Partner with development to implement and refine features.
• Assist QA with feature validation.
• Collaborate with documentation to ensure accurate product documentation.
• Provide client beta testing support.
• Assist implementation and support to resolve escalated client issues.
• Work with the product manager to understand market needs.
• Prioritize and maintain the product backlog and forward roadmap.

Skills

MSCI

Axioma

Large data sets

Communication

Analytical skills

Planning & scheduling

Requirements gathering

Multitasking

Education

Advanced degree in mathematical finance or business

Job description

Job Description

Business Analyst - Risk

Business Analyst will be responsible for synthesizing market requirements and working with the development team to deliver industry leading solutions. The B.A. will also work closely with the operations team who run the service - making sure their needs are part of the resulting solution. Finally, the B.A. will interact with clients - gathering requirements, providing documentation to detail these including workflows etc. assisting pre-sales team and providing implementation team with guidance on new features to ensure projects are on a successful path.

The B.A. is a pivotal role at Charles River helping drive product strategy, design, and development to meet market demand. The B.A. will develop client relationships that will help drive the detailed requirements for this new offering. Working with the product development team, the B.A. will define and prioritize the requirements and validate the resulting work.

Responsibilities:

• Working in a dynamic, fast-paced (agile) environment, apply expertise in specific product areas to deliver a high quality product
• Streamline data quality management across asset classes within front office and middle office workflows
• Act as a trusted expert who understands how data integrates across applications
• Gather requirements for the products -Research, document and prioritize product requirements
• Interact with clients: presenting new features, gathering feedback.
• Partner with development to implement and refine features
• Assist QA with feature validation
• Partner with the documentation team to ensure accurate and complete product documentation
• Provide client beta testing support
• Assist implementation and support to resolve escalated client issues
• Work with the product manager in understanding the market needs
• Prioritize and maintain the product backlog and items committed to forward roadmap by PM

Skills, Experience & Qualifications Required:

• Familiarity with financial risk models and Risk Vendors (MSCI, Axioma)
• Solid understanding of risk measures (Ex-Ante Risk, Ex-Post Risk).
• Experience working with large data sets
• Advanced degree in mathematical finance or business
• Minimum of 3 years of experience in a similar role within Investment Management or Equivalent Degree
• Good understanding of financial investment products across asset classes including derivatives
• Understanding of investment management workflows highly desirable
• Prior industry experience with portfolio risk and analytics, either with risk vendor or an asset management firm
• Excellent communication skills (verbal and written), good interpersonal skills, ability to gather and understand requirements in the financial sector
• Strong analytical and problem-solving skills
• Demonstrated planning and scheduling skills
• Ability to work on multiple initiatives simultaneously and deal with the inevitable surprises that are part of a dynamic environment

Salary Range:

$80,000 - $132,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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 Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.