Business Analyst - Alpha Product, AVP
State Street · Posted Oct 29
Investment servicing, custody, asset management, and trading solutions for institutional investors
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About the role
The Alpha Product Organization's Alpha Index HUB (AIH) builds scalable index and benchmark data capabilities that are critical to Alpha's data platform. The team works across Product Owners, Engineering, Quality Assurance, Operations, and third-party data vendors to define, build, test, and roll out product enhancements. This Business Analyst role translates business, operational, and client needs into clear, actionable product requirements and supports Agile delivery, testing, and operational readiness.
What you will do
- Partner with Product Owners to define, document, and refine product requirements aligned with Alpha Index HUB strategy and roadmap.
- Lead requirements elicitation through stakeholder interviews, workflow analysis, and data analysis.
- Produce high‑quality artifacts including Business Requirements Documents (BRDs), functional and non‑functional requirements, user stories, and acceptance criteria.
- Ensure requirements are clear, testable, and traceable through development and testing phases.
- Act as the primary liaison between Product, Engineering, QA, Operations, and external vendors.
- Facilitate discussions to ensure shared understanding of scope, dependencies, risks, and expected outcomes.
- Work closely with Operations teams to incorporate operational workflows, controls, and exception handling into product requirements.
- Support Agile delivery activities including backlog refinement, sprint planning, and sprint reviews.
- Define detailed acceptance criteria, covering positive, negative, and edge‑case scenarios, to enable effective QA and UAT/CUAT execution.
- Participate in testing activities and support validation of delivered functionality against business intent.
- Ensure product requirements address data quality, auditability, operational transparency, and control considerations.
- Contribute to the definition of dashboards, status indicators, and monitoring frameworks that support daily operational validation and issue detection.
- Assist with documentation and communication of field definitions, status meanings, and operational behaviors to reduce ambiguity and risk.
- Identify opportunities to simplify workflows, enhance usability, and improve operational efficiency.
- Support ongoing evolution and maturity of Alpha Index HUB capabilities in alignment with broader Alpha product and platform initiatives.
Skills used in this role
What the employer is looking for
- 15+ years of experience as a Business Analyst, with level determined by role (BA, BA II, Senior BA).
- Experience working in a product‑led or Agile/Scrum delivery environment.
- Proven experience producing BRDs, user stories, and acceptance criteria.
- Strong analytical and problem‑solving skills with high attention to detail.
- Ability to translate complex technical and data concepts into clear business requirements.
- Strong written and verbal communication skills, with the ability to tailor messaging to both technical and non‑technical audiences.
- Effective stakeholder management and collaboration skills.
- Hands‑on experience writing and reviewing SQL queries to support data analysis, validation, and issue investigation.
- Working knowledge of running, monitoring, and validating processes in the Charles River Development (CRD) environment, including awareness of upstream/downstream dependencies, batch processing, and operational workflows.
Preferred qualifications
- Experience with financial services, index, benchmark, or market data platforms.
- Familiarity with large‑scale data pipelines, dashboards, or operational monitoring tools.
- Understanding of data governance, controls, and audit considerations.
Benefits and support
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Employee networks
About State Street
State Street Corporation is a leading global financial services holding company providing institutional investors with investment servicing, investment management, and investment research and trading. Operating in more than 100 geographic markets worldwide, the company manages and administers trillions of dollars in assets through its core divisions like State Street Global Advisors and State Street Alpha. Headquartered in Boston, Massachusetts, it traces its origins back to 1792.
- Industry
- Financial Services
- Company size
- 51000+ employees
- Founded
- 1792-06-25
- Location
- Boston, Massachusetts, USA
- Funding stage
- Public Company
Leadership
Chairman and Chief Executive Officer
John Woods
Chief Financial Officer
Mostapha Tahiri
President of State Street Alpha & Chairman of Asia Pacific
Ann Fogarty
Enterprise Chief Operating Officer
President and Chief Executive Officer of State Street Investment Management
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