Business Analyst, Associate 2

STATE STREET CORPORATION; Quincy (MA); On-site; USD 42,000 - 67,000; Full time

Benefits offered by this job

401K with company match

Medical Insurance

Dental & Vision

Paid time off

Employee Assistance Program

Incentive bonuses

Job summary

STATE STREET CORPORATION is seeking an Associate to help onboard new key clients to our mutual fund trading unit dealing service and contribute to testing our new mutual fund trading platform. The role involves building relationships across teams and supporting client conversions and reporting.

You will work in a fast-moving, technical environment with cross-functional collaboration, contributing to daily deliverables and process improvements while maintaining high professional standards in

Qualifications

• Bachelor’s degree or equivalent with 3+ years in financial services.
• Experience onboarding new clients to trading services.
• Ability to work autonomously in fast-moving, complex technical environment.
• Build relationships across multiple functional groups.
• Experience with testing trading platforms and client conversions.

Responsibilities

• Develop understanding of mutual fund trading infrastructure and processes.
• Assist with client conversions/start-ups of new client relationships.
• Work autonomously in a fast-moving, complex technical environment.
• Build relationships with colleagues across functional groups.
• Assist with business requirements, testing, and implementing new functionality on trading application.

Skills

Analytical mindset

Critical thinking

Problem solving

Strong communication

Integrity

Education

Bachelor’s degree or equivalent

Job description

Who we are looking for

This is an exciting opportunity to be part of a growing team, and the incumbent will contribute to key strategic projects in addition to delivering services for our clients. This Associate position plays a key role within our mutual fund trading team. The role will be responsible for onboarding new key clients to our unit dealing service and will contribute to testing our new mutual fund trading platform and will contribute to building our future state model.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

• Develop a deep understanding of existing mutual fund trading infrastructure and business processes
• Assist with client conversions/start-ups of new client relationships
• Work autonomously with confidence in a fast-moving, complex technical environment
• Build relationships with colleagues across multiple functional groups
• Assist with business requirements, testing, and implementing new functionality on our trading application in coordination with management team, clients, IT, and the vendor
• Research and resolve inquiries for clients, trading partners, and internal stakeholders
• Ensure all team deliverables are met within assigned deadlines on a daily basis, document and update procedures and team checklists, ensure adherence to standard operating procedures
• Assist with client reporting and client projects
• Analyze internal processes and look to automate, reduce risk, and streamline workflows

What we value

• Analytical mindset and strong critical thinking
• Problem solving and decision making skills
• Confident & clear communicator with ability to articulate complex concepts to any audience
• Highly motivated with exceptional integrity
• Ability to understand and contribute to documented business and technical system requirements

Education & Preferred Qualifications

Bachelor’s degree or equivalent 3+ years’ experience in financial services industry

About State Street

• State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
• Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
• Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. Discover more at StateStreet.com/careers

Salary Range

$41,600 - $66,560 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

Equal Opportunity Statement

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.

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.