Business Analyst (State Street Bank and Trust Company; Boston, Massachusetts ): will be responsible for leading the implementation of overall business architecture of the Credit Risk Systems. As a techno-functional SME, the position will liaise with project sponsors, developers, and other stakeholders both on the business and technical teams to convert the business architecture first into a functional solution and subsequently develop the same into a well-integrated Credit Risk solution. The individual must be able to work under minimal direction while keeping senior business and technology management apprised of issues and project status. Specific duties include: Facilitating the development of business architectures based on the business vision; converting business architectures into technology architectures and corresponding implementation roadmaps at a program level; leading the technology transformation, ensuring smooth transition of stakeholders from current technology state to new technology; facilitating program and project scope, business requirements gathering, and implementation planning with project sponsors and key stakeholders; leading requirement elaboration and actively driving solution design; coordinating program and project planning and execution with cross-functional project managers, external consultants, application managers, business managers, development, and QA staff; managing within a matrix environment with resources and services provided by centralized teams; clearly communicate verbally and in written form, the status of the program and underlying projects to both senior business and technical management; and guiding and mentoring junior business system analysts and project managers/coordinators.
Minimum requirements are: Bachelor's degree or its equivalent in Finance, Information Technology or related field; and 10 years of hands-on software development, business/systems analysis, or project management work experience .
Must have: Demonstrated functional experience with Credit Risk application systems related to Counterparty Management, exposures, Probability of Default and Limits Management; proven track record of successful implementation of different risk and compliance projects for Enterprise Risk Management at various banks, including Basel implementation, SCCL compliance, Entity Management System, internal rating approach-based surveys, credit approval systems and risk data reporting repositories; understanding a bank's business model from the perspective of product exposure, credit risk policies and exposure calculation methodologies like Waterfall and Agile (Scrum and Kanban); ability to assist in driving the implementation of Service Oriented Architecture by reuse of global systems, standards and components to support event driven architecture; comprehensive knowledge of developing and maintaining Credit Risk IT infrastructure, that adheres to internal corporate IT polices, industry best practices with a sharp customer focus; hands on experience in all phases of SDLC beginning from requirement gathering to development to deployment and production support; well versed with different SDLC methodologies; knowledge and Experience of handling large application migration challenges; demonstrated experience leveraging Data Lake and Big Data technologies to come up with innovative solutions for business problems; knowledge of Informatica MDM tool, Oracle, PL/SQL, SQL developer, JAVA/JEE, Hadoop Big Data solution, Moody's RiskOrigin, Solr search and Microservices; experience managing UX/UI (User Experience / User Interface) resources; proven ability to effectively manage time and balance priorities; proven analytical skills to interpret business and functional requirements and come up with appropriate technical solutions; strong interpersonal and collaboration skills; and demonstrated experience working in the financial information technology industry. (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific amount of years of experience required. All experience can be gained concurrently.)
A pply online at statestreet.com/careers . State Street Job ID: R-647972 . An EOE.