AVP - Systems Analyst

Who we are looking for

State Street Global Technology Services ERM (Enterprise Risk Management) systems seeking systems analyst who has experience in implementing risk management processes in technology platforms. This role requires system business analysis and testing experience in Securities Lending and Derivatives financial products, with thorough understanding in Credit risk, Market risk, Stress Testing measures modeling and technology implementation knowledge. This position requires past-experience working with ERM business, Corporate/Regulatory audits, IT agile teams dispersed globally and to work in a collaborative and technology-driven environment to implement end to end systematic solutions.

What you will be responsible for

As a System Analyst you will,

• Lead comprehensive analysis across Credit and Market Risk measures, including Stress Testing scenarios, by coordinating with cross-functional Agile IT teams to ensure timely planning and execution.
• Collaborate with internal stakeholders to gather, assess, and prioritize platform requirements, aligning business needs with technology solutions.
• Drive the definition and documentation of business and functional requirements, including user stories and product backlogs, ensuring clarity and alignment across business and development teams.
• Utilize advanced data analysis skills, including SQL and Python, to extract insights and support the creation of detailed functional specifications.
• Serve as a key liaison between business units and technical teams, translating complex financial requirements into actionable development tasks.
• Facilitate and lead workshops, stakeholder meetings, and requirement walkthroughs to ensure shared understanding and alignment.
• Partner with Scrum Masters, analysts, and engineers to troubleshoot and resolve system issues, ensuring minimal disruption to business operations.
• Actively participate in Agile ceremonies such as daily stand-ups, sprint planning, product demos, and retrospectives to drive continuous improvement.
• Align project deliverables with organizational goals and contribute to strategic initiatives across the enterprise.
• Proactively identify risks and issues throughout the development lifecycle, driving resolution or escalating as needed to maintain project momentum.
• Foster collaboration across Risk IT and other business units to deliver high-quality, timely solutions that meet evolving business demands.
• Anticipate and mitigate critical issues, demonstrating ownership and accountability for successful project outcomes.

What we value

These skills will help you succeed in this role

• Extensive hands-on analysis experience in Securities Finance, Repo, and Foreign Exchange business lines.
• Strong understanding of credit and market risk measures, including EAD, PFE, VaR, Stress Testing Exposures, and CCAR L5 reporting.
• Proven experience in analyzing and implementing stress testing pricing shocks in Algo risk engine models.
• Expertise in coordinating CCAR operational activities and executing Securities Finance Credit risk measures implementation.
• In-depth knowledge of regulatory frameworks such as Basel III, CCAR, Enterprise Risk Management Framework, and Corporate Data Governance.
• Effective collaboration with Development and QA teams to resolve queries and align stories for production release.
• Root cause analysis and resolution of production data quality issues.
• Backlog refinement management in Jira, working closely with business users to draft detailed story requirements.
• Mastery of end-to-end application frameworks and system architecture.
• Development of comprehensive test cases for system processes based on functional specifications.
• Cross-functional collaboration with multiple IT teams to define, prioritize, and create detailed requirements, EPICs, stories, and dependencies.
• Strong critical thinking, problem-solving, and decision-making skills.
• Excellent interpersonal communication, collaboration, facilitation, and presentation skills.

Education & Preferred Qualifications

• Bachelor’s degree in computer science, Information Systems, Business, or a related field.
• 10+ years proven related experience working in Financial domain
• Experience in Jira, Confluence and SQL queries
• Experience in drafting functional specification documents and project plans
• Experience performing data analysis and data exploration
• Experience working in an agile delivery environment

Additional requirements

• Communicate effectively in a professional manner both written and orally
• Team player with a positive attitude enthusiasm initiative and self-motivation
• Ability to multi-task energetic fast learner & problem solver

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

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