State Street Corporation

Lead Business Analyst, SWIFT / Financial Messaging - Vice President

State Street Corporation$110K — $188K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 14+ years of experience in interface mapping or business analysis
  • Experience mandatory in transaction management
  • Background in Capital Markets and Middle Office Servicing required
  • Deep knowledge of financial messaging standards, especially SWIFT
  • Familiarity with Agile methodologies, particularly in writing user stories for micro-services
  • Experience in detailed mapping and transaction transformation requirements

Responsibilities

  • Identify, analyze, and document interface mapping and business requirements
  • Create and test interface mapping definitions using business tool sets
  • Facilitate user meetings to gather business/system requirements
  • Support project management tasks, including monitoring and reporting
  • Document business requirements clearly and effectively
  • Provide leadership to the business analysis team, overseeing quality and delivery
  • Ensure stability and timely release during monthly production deployments

Benefits

  • 401K retirement savings plan with company match
  • Comprehensive insurance coverage including life, medical, dental, and vision
  • Paid time off for vacations, sick leave, and family care
  • Access to Employee Assistance Program
  • Eligibility for annual performance-based incentive compensation
  • Optional coverage for long-term disability and additional benefits
Full Job Description
Job Description

Who we are looking for

The Lead Business Analyst, VP will act as the link between a client/business and IT teams to define and create interfaces between applications to solve business challenges and design the right solutions for our clients. In this position you will serve as subject matter expert in the analysis of business requirements and interface mapping specifications while utilizing our in house tool suite to produce an end state solution.

What you will be responsible for
  • Identify compile, analyze and document interface mapping requirements and business requirements that accurately and thoroughly reflect business needs.
  • Take defined requirements and create interface mapping definitions within specific business tool sets. Thoroughly test and document mapping specifications, workflows and testing of the interface created.
  • Gathering of business/system requirements by facilitating user/client meetings, interviewing users, and researching and resolving issues.
  • Support ongoing project management- including progress monitoring, reporting and quality assurance throughout the project
  • Aware of Agile process is strongly recommended (RTC, story writing, Scrum and/or Kanban)
  • Document business requirements using clear, concise language consistent with the methodology framework.
  • Participate in special projects, e.g., conducting research, collecting and providing requested data, etc.
  • Provide day-to-day leadership to the team performing business analysis and data mapping, including work allocation, quality oversight, issue resolution, and delivery accountability across client and platform initiatives
  • Support monthly production deployment activities to ensure stable and timely releases
  • Participate in ad-hoc coordination meetings with our global teams in China and India as required
  • Co-ordinate delivery across functional areas to deliver solutions, standardizing and driving product development where possible
  • Analyze and explore workflows and possible strategic scenarios; review and evaluate existing business model and future process or solution
  • Identify, solve or escalate potential issues and risks during development life cycles
  • Collaborate with our cross regional roles/teams to deliver consistent and timely results with high quality. Work closely with on-shore and off-shore team members including business analysts, product owners, developers and QA personnel


What we value

These skills will help you succeed in this role
  • Good understanding of business systems, financial industry, and system development lifecycle methodologies to support projects through their life cycle, with the emphasis on the analysis stage.
  • Deep knowledge of front office systems, middle office and data management
  • Excellent analytical and interpersonal skills
  • Ability to communicate, and collaborate across business and technical teams
  • Excellent time management and organization skills, with the ability to manage multiple competing priorities
  • Ability to think creatively and strategically with a focus on achieving outcomes
  • Experience with writing stories and requirements to support micro-services
  • Product Owner role experience using Agile Methodologies
  • Experience with detailed mapping and transaction transformation requirements


Education & Preferred Qualifications
  • Bachelor's degree or minimum of 14+ years of experience as an interface mapping analyst or business analyst
  • Transaction management experience is required.
  • Experience with State Street Transformation tools ISVC, IDW and DEH is a big plus.
  • Working knowledge of Listed Securities, Bank Loans, OTC Derivatives, FX and Cash trade processing is a big plus.
  • Experience with Capital Markets (Equity, FI, Money Markets, Short Terms, Listed Derivatives, FX and Cash products) and Middle Office Servicing is required;
  • Experience with Middle Office and Back Office processing and additionally experience with Trade Order Mgmt Systems is beneficial
  • Individual must have extensive detailed SWIFT Market Practice knowledge of inbound and outbound SWIFT messages with detailed understanding of Financial Messaging: SWIFT (ISO 7775/15022/20022)
  • Good understanding of Industry standard messaging Formats : AVRO, JSON, XML, FPML, SWIFT MT950/MT940, MX - CAMT53
  • Experience or understanding of Kafka Messaging, MQ, SFTP is a big plus.
  • Good understanding of BPNM Diagrams (Workflows) is a big plus.
  • Ability to analyze and initiate new concepts and functionality in a changing environment and ability to obtain pertinent information by research, interaction with clients/users.
  • Demonstrated skill in the implementation phase of large and complex projects
  • Experience or understanding of SQL/database query skills is a big plus
  • STT(State Street) specific understanding of flows and processes is preferred
  • Proactive and target driven in achieving successful implementation of projects within defined timeline
  • Multiple tasking ability. Good time organizational skills to manage project priorities
  • Team player, detail oriented and self-motivated to drive work to proceed with minimal supervision
  • MS Office Products


Salary Range:
$110,000 - $188,750 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 https://hrportal.ehr.com/statestreet/Home.

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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