State Street Corporation

IT Business Analysis

State Street Corporation$161K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Management Science, Project Management, Information Technology, or a relevant field plus 7 years of experience as a Business Analyst, or a Master's degree plus 4 years of experience.
  • Proven analysis skills at the business and information levels.
  • Strong critical thinking and problem-solving skills with an emphasis on stakeholder needs.
  • Experience with cost-benefit and impact analyses, including ROI and risk assessments.
  • Ability to analyze and interpret complex datasets for accuracy and integrity.

Responsibilities

  • Architect, design, and deliver innovative solutions in the Emerging Tech Center of Excellence.
  • Drive the adoption of AI technologies across various business lines.
  • Lead the identification and development of AI-powered business use cases.
  • Champion education and awareness of emerging technology benefits throughout the organization.
  • Evaluate and onboard new AI technologies to align with strategic goals.

Benefits

  • 401K retirement savings plan with company match.
  • Comprehensive insurance coverage including life, medical, dental, and vision.
  • Paid time off for vacation, sick leave, and family care responsibilities.
  • Access to Employee Assistance Program.
  • Eligibility for performance-based incentive compensation.
Full Job Description

IT Business Analysis (State Street Bank and Trust Company; Quincy, MA): The individual contributor in this role will architect, design and deliver advanced solutions that drive the responsible adoption and scaling of emerging technologies – including AI, Digital, and Quantum – across the enterprise. The position will play a key role in mobilizing business opportunities, developing use cases, and supporting central AI platforms, services, best practices, and standards. Specific duties include: architecting, designing, and delivering innovative solutions as part of the Emerging Tech COE, driving the adoption and scaling of AI capabilities across multiple business lines and disciplines; leading the identification, development, and promotion of AI-powered business use cases, ensuring that emerging technologies deliver measurable impact and value for the organization; acting as a visionary educator and promoter for the future of emerging technology, championing responsible AI, digital, and quantum innovation, and inspiring teams to embrace new platforms and solutions; demonstrating hands-on experience with core AI platforms that serve as the technological backbone of the company, enabling scalable, sharable AI capabilities across diverse functions and teams; driving the future of innovation by mobilizing business units, educating stakeholders, and fostering a culture of continuous learning and experimentation in emerging technologies; evaluating, benchmarking, and onboarding new AI technologies, ensuring their integration aligns with strategic direction, governance standards, and the broader mission of the Emerging Tech COE; collaborating with business unit management to analyze requirements, asking probing questions to surface real needs and opportunities for AI-driven transformation; providing subject matter expertise on production processes, controls, and operations, with a focus on leveraging AI to enhance efficiency, effectiveness, and compliance; facilitating education, inspiration, and use-case opportunity identification for emerging tech services; advise on training curriculum and pathways for AI and digital innovation; communicating decisions and recommendations clearly to peers, development teams, business stakeholders, and senior IT leadership, fostering a culture of innovation and continuous improvement; guiding and supporting project staff, reviewing work and providing recommendations to ensure deliverables meet business and technical requirements;; overseeing requirements validation with development and QA teams, ensuring new functionality meets business needs and drives future innovation; leading project management activities for multiple, simultaneous initiatives, including planning, resource allocation, progress tracking, risk management, and stakeholder communication to ensure timely and successful delivery of emerging technology solutions; and identifying and defining define production implementation requirements, including those specific to emerging technology platforms (AI, Digital, Quantum). Hybrid remote telecommuting permitted pursuant to company policy.

Minimum Requirements: Bachelor’s degree, or its equivalent in Management Science, Project Management, Information Technology, or relevant field of study plus 7 years of proven experience as Business Analyst or in any occupation providing relevant analytical experience in financial services industry. Alternatively, the Employer will accept a master’s degree, or its equivalent in Management Science, Project Management, Information Technology, or relevant field of study plus 4 years of proven experience as Business Analyst or in any occupation providing relevant analytical experience in financial services industry.

Must have: Proven analysis skills at both the business level (analyzing the business process, workflows, and operations) and at the information level (how data and information is stored and maintained); Strong critical thinking skills, including considering stakeholder needs and asking probing questions until the real needs are surfaced and understood; Proven experience conducting cost-benefit and impact analyses (e.g., ROI, risk assessments); Proven experience determining the root cause of any data-related issues; Experience identifying opportunities for data management improvements; Ability to analyze and interpret large and complex datasets in varying formats to validate completeness, integrity, and accuracy of data; Proven ability to produce clear and compelling reports for different audiences; Experience using tools like Excel, SQL, Python, Power BI, Tableau; Experience eliciting, document, and refine business requirements and using techniques like use cases, user stories, and wireframes; Experience validating requirements and support testing processes; Ability to create visual models that support analyses, such as workflow diagrams or wireframe prototypes; Experience creating workflow diagrams, BPMN charts, and wireframe prototypes; Demonstrated understanding of software development lifecycles, APIs, databases, and system architecture; Strong technology insights with demonstrated ability to work across business lines; Familiarity with AI integration and automation tools (e.g., Microsoft Copilot); Strong interpersonal communication, collaboration, facilitation, presentation, and negotiation skills; Ability to Collaborate effectively across business lines and technical teams; Ability to work independently and connect the dots to identify themes and common needs; Demonstrated experience working in an environment managing multiple, concurrent deliverables with shifting priorities, demands, and timelines; Familiarity with Agile methodology, and ability to use agile tools like JIRA . (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific number of years of experience required. All experience can be gained concurrently).

To apply to this position, you must click the “Apply” button on this page and complete the online application.  An EOE.

#LI-DNI

Salary Range:

$161,803 - $200,000 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); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit .

About State Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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