Payments Anomaly Detection Lead - Business Analysis & Controls

State Street Corporation; Quincy (MA); On-site; USD 90,000 - 158,000; Full time

Benefits offered by this job

401K with company match

Comprehensive benefits (medical, life,

Dental, vision, long-term disability)

Paid time off and EAP

Job summary

State Street Corporation is seeking an experienced payments business analyst and control specialist to lead the delivery of the Payment Anomaly Detection capability. You will develop requirements, rules, data validation, and testing, and manage governance and operational readiness.

Post go-live, you will assume senior operations leadership, overseeing rule effectiveness, incident support, and continuous enhancement of the anomaly framework, ensuring explainability and robust controls across

Qualifications

• Bachelor’s degree in business, finance, data, technology or related discipline.
• 7+ years of financial services experience, preferably in payments, controls, fraud, screening or change delivery.
• Business analysis, product ownership, testing or process-improvement qualifications are advantageous.

Responsibilities

• Lead business analysis for the anomaly detection workstream, translating BRD into detailed requirements, user stories, process flows and acceptance criteria.
• Own the business rules catalogue and coordinate definition, documentation and prioritisation of rules including customer, corridor, currency, rail, amount, time-of-day and cut-off-aware rules.
• Validate data inputs, historical baselines, payment identifiers, lifecycle attributes, entitlements, reference data and calculation logic used by rules and model outputs.
• Lead business review of UI, queue, filtering, tab management, case management, client-contact, explainability, dashboard and audit-trail functionality.
• Design controlled rule-change governance, including role-based access, maker-checker approval, rationale capture, versioning, effective dates, rollback and segregation of duties.
• Coordinate scenario design, test data, system integration testing, user acceptance testing, regression testing, defect triage and evidence sign-off.
• Define operational playbooks for false positives, high-risk anomalies, mandatory holds, client validation, missed cut-offs, high-volume events and approved resilience scenarios.
• Prepare and manage the BAU operating model, including queue ownership, escalation routes, procedures, training, coverage, capacity, KPIs, KRIs and governance forums.
• After go-live, oversee operations, rule effectiveness, false positives, alert volumes, override trends, drift indicators and tuning recommendations within approved governance.
• Align anomaly detection and cyber-response processes for resilience events.

Skills

Payments knowledge

Business analysis

Rule design

Data analysis

Process mapping

Testing

RBAC understanding

Audit evidence

Education

Bachelor’s degree in business, finance, data, technology or related discipline

Job description

State Street Corporation is seeking an experienced payments business analyst and control specialist to lead the delivery of the Payment Anomaly Detection capability. You will develop requirements, rules, data validation, and testing, and manage governance and operational readiness.

Post go-live, you will assume senior operations leadership, overseeing rule effectiveness, incident support, and continuous enhancement of the anomaly framework, ensuring explainability and robust controls across