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Business Analyst - Tech Lead

State Street · Posted Oct 28

Investment servicing, custody, asset management, and trading solutions for institutional investors

Bangalore, Karnātaka, IndiaFull-timeOnsiteLead/Staff5–10 years₹20.0L–₹35.0L yearly84 applicants
Financial ServicesBankingInvestment ManagementAsset ServicingCustodyPublic Company
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About the role

State Street supports institutional investors globally with risk management, custody and accounting services across securities, FX, cash and time deposit products. The team automates back-office client file and blotter workflows and onboards client/Investment Manager SWIFT messages into State Street's Custody and Accounting applications. This role manages multiple automation projects end to end, writing user stories, testing client files against market and SSC standards, and triaging production issues with business and client-side stakeholders.

What you will do

  • Thorough knowledge of SWIFT Messages, Securities products, FX and Cash settlements
  • Manage new demand asks from business/client services team to automate client transactions via internal system workflow tools.
  • Write user stories, review with IT leads, and manage across BAU board and conduct implementation of multiple projects simultaneously.
  • Participate in onboarding client / Investment Managers SWIFT messages into State Street’s Custody and Accounting applications
  • Through knowledge and understanding of inbound securities, FX, cash and time deposit market practices and their implementation.
  • Complete Analysis, Validation and PROD release for assigned projects/cases.
  • Meet with business, client service, and/or clients to discuss file automation. Perform through testing of client files and provide accurate feedback or suggestion.
  • Track end-to-end project/file progress and provide status report periodically.
  • Triage PROD issues and provide insight to business team on how to resolve
  • Answer miscellaneous questions from the business
  • Investigate inquiries from various State Street organizations and follows through to ensure that implementation problems and issues are addressed
  • Keep current internal procedures up to date.
  • Facilitate weekend prod checkouts.

Skills used in this role

What the employer is looking for

  • Onboarding client / Investment Managers SWIFT messages into Custody and Accounting applications
  • Experience working in various security products like equities, bonds, fixed incomes, derivatives, short term securities and more.
  • Understanding the business processes and business requirements as they relate to Transaction Management and the platforms that process these transactions.
  • Experience working in SWIFT MT Messages
  • Working as part of deployment Team, including analysis, testing, and Experience in working with client servicing teams and clients.

Preferred qualifications

  • Knowledge of ISO20022 and MX swift messages
  • Experience in transaction management, Securities settlement, Back Office and Middle office process
  • Knowledge of the different security types , regulations and other market practices related to processing of trades

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

RP
Ronald P. O'Hanley

Chairman and Chief Executive Officer

JW

John Woods

Chief Financial Officer

MT

Mostapha Tahiri

President of State Street Alpha & Chairman of Asia Pacific

AF

Ann Fogarty

Enterprise Chief Operating Officer

YH
Yie-Hsin Hung

President and Chief Executive Officer of State Street Investment Management

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