IT Business Analysis, AVP

State Street Corporation; Quincy (MA); On-site; USD 80,000 - 140,000; Full time

Job summary

State Street Corporation seeks an IT Business Analyst, Officer to join the KYC Solutions Team within Compliance IT. You will liaise with business and compliance to gather, analyze, and validate requirements for KYC applications and work with development, QA, and an outside vendor to deliver compliant technical solutions.

The role requires strong communication, data analysis skills, and experience writing BRDs and user stories, with a focus on process improvement and regulatory data handling.

Qualifications

• Bachelor’s degree or higher in Finance, technical or related field.
• 5 years of experience as a business analyst on IT projects, preferably in financial services.
• Demonstrated data analysis experience with Excel, SQL, BI tools.
• Strong working knowledge of financial services and Know Your Customer (KYC) regulations.
• Knowledge of Fenergo SaaS platform software is preferred.

Responsibilities

• Elicit and interpret customer business needs and translate them into application and operational requirements so that requirements are clearly understood, prioritized appropriately and implemented.
• Provide solutions to complex business processes related to Know Your Customer (KYC) applications and regulatory data/document collection requirements.
• Write User Stories and work with globally distributed Agile team across multiple time zones that include business, developers and testers.
• Configure vendor application to provide solutions to business and regulatory requirements.
• Make recommendations for solutions or improvements that can be accomplished through new technology or alternative uses of existing technology.

Skills

Independent work

Problem solving

Communication

BRD writing

Process improvement

Education

Bachelor’s degree in Finance/technical field

Tools

Excel

SQL

BI tools

Fenergo

Job description

The Role

The role of IT Business Analyst, Officer will be a member of the KYC Solutions Team, which is part of Compliance IT. You will work with development and QA teams as well as an outside vendor This position will be a key member of the KYC Solutions team. The team works with State Street IT teams and an outside vendors to deliver technical solutions to KYC business and regulatory requirements. You will be responsible for liaising with business and compliance teams to obtain, analyze, communicate and validate requirements for changes in KYC applications.

Job Responsibilities

• Elicit and interpret customer business needs and translate them into application and operational requirements so that requirements are clearly understood, prioritized appropriately and implemented
• Provide solutions to complex business processes related to Know Your Customer (KYC) applications and regulatory data/document collection requirements
• Write User Stories and work with globally distributed Agile team across multiple time zones that include business, developers and testers
• Configure vendor application to provide solutions to business and regulatory requirements
• Make recommendations for solutions or improvements that can be accomplished through new technology or alternative uses of existing technology

What we value

These skills will help you succeed in this role:

• Able to work independently and lead working groups
• Strong problem-solving and analytical skills along with close attention to detail
• Excellent interpersonal and communication skills enabling you to effectively work with management, team members, and vendors
• Experience in writing Business Requirement Documents
• Passionate about process improvement and technology

Education & Preferred Qualifications

• Bachelor’s degree in Finance, technical or related field
• 5 years experience as a business analyst on IT projects, preferably in financial services
• Demonstrated experience in data analysis with Excel, SQL, BI tools
• Strong working knowledge of financial services and Know Your Customer (KYC) regulations
• Knowledge of Fenergo SaaS platform software is preferred

Salary Range:

$80,000 – $140,000 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)
• eligibility for certain tax advantaged savings plans.

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.

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.