Who we are looking for
The position is for a Global Risk Operations Business Analyst (Officer) within the Credit & Global Markets Risk team which is part of the wider Enterprise Risk Management (ERM) division. The Credit & Global Markets Risk (CGM) group is responsible for risk oversight of State Street's trading and banking businesses. The Risk Operations team supports the risk function from an Operations, Technology, and Data management perspective; driving innovation and efficiency for the benefit of the global group. Our new team member will be involved in the business and process analysis supporting high priority change initiatives
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As Global Risk Officer you will:
Interface between internal clients (CGM colleagues and internal business partners) and technology teams to assist with defining and documenting business requirements (i.e. business process, system, user and source code documentation).
Solicit feedback from internal application users to improve business processes as well as capability and stability of application.
Participate in testing, training, demonstrations of newly designed solutions/ features
Work closely with developers to ensure that new features are implemented to specifications and bugs are fixed
Curious and resourceful researcher who asks questions and is motivated to find answers
Strategic problem solver who approaches work with an open mind and a sense of creativity by challenging current practice, and recommending improvements to mitigate risks and create process efficiencies.
What we value
These skills will help you succeed in this role
Capable in managing tasks independently, with a willingness and ability to engage in multiple tasks concurrently
Strong interpersonal, organizational, communication and presentation skills. Ability to effectively develop and manage relationships at all levels
Education & Preferred Qualifications
Bachelor's degree in a related field (i.e. business, finance, information management, etc.)
Minimum 3-5 years experience of system/ business analysis required
Experience with credit risk or financial analysis and software. Experience with lending business processes, policies, procedures a plus.
Proficiency with Word, Excel, PowerPoint
Familiarity with various software development methods (i.e. Agile, DevOps, Waterfall, Rapid application development) is a plus
Experience building test cases, performing testing ,and triaging defects, etc. is a plus
Understanding of programming languages and concepts (i.e. Pythion and R) is a plus.
Additional requirements
Proficiency in database usage and understanding. Includes:
Usage of relational databases (MySQL, SQL Server and Oracle)
Understanding of non -relational databases (key volume stores, document stores, Cloud databases, real-time databases)
Know how to do logical data requirements and modeling
Understanding of physical databases
Sorting through large data sets to identify patterns and relationships that can help solve business processes through analysis
Data visualization
What we offer
Medical
Prescription Drug
Health Savings Account (HSA)
Flexible Spending Accounts (FSAs)
Dental
Vision
Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
Employee-Paid Long-Term Disability
Critical Illness Insurance
Accident Insurance & Hospital Indemnity Insurance
Business Travel Accident Insurance
Short-Term Disability
Identity Theft Protection
Legal Benefits
BeWell Programme
Paid Time Off
Employee Assistance Program (EAP)
Salary Savings Program (SSP)
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, were making our mark on the financial services industry. For more than two centuries, weve 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. Youll 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.
Discover more at StateStreet.com/careers
