Role Summary & Role Description

We are hiring for an experienced AVP – Business Analyst with 15+ years of experience in Capital Markets / Security Finance domain. The ideal candidate will play a critical role in bridging business stakeholders and technology teams, driving end-to-end requirement lifecycle, and delivering solutions aligned to front-to-back trading and post-trade processing.

The candidate should have strong experience in business analysis lifecycle (elicitation, documentation, validation, delivery support) and demonstrate deep functional understanding of Capital Markets and Securities Finance workflows.

The individual should be comfortable leading functional streams, driving discussions with senior stakeholders, and also operate as a strong individual contributor with full ownership of deliverables.

This role provides an opportunity to work in niche functional areas such as Equity Swaps, Securities Lending, Financing Solutions, Trade Lifecycle, and Post-Trade Processing, where domain expertise is highly valued.

Core Responsibilities

• Lead requirement gathering, analysis, and documentation across business and technology stakeholders
• Act as the primary interface between business users, product owners, and engineering teams
• Translate business requirements into functional specifications, process flows, and use cases
• Drive front-to-back business analysis across trade lifecycle (order capture → execution → booking → settlements/reporting)
• Prepare and maintain key artifacts:
  • Business Requirements Documents (BRDs)
  • Functional Specifications (FSDs)
  • Process Flows / Workflow diagrams
  • Use cases & acceptance criteria
• Support UAT planning, execution, and business validation cycles
• Perform impact analysis for change requests and regulatory initiatives
• Collaborate with global teams to identify gaps, streamline processes, and optimize workflows
• Provide subject matter expertise in Capital Markets / Sec Finance domain
• Support production issue triage from business perspective and ensure proper root cause understanding
• Drive stakeholder communication, status reporting, and alignment across teams

Must Have Skills

Domain / Functional

• Strong knowledge of Capital Markets, preferably:
  • Securities Finance / Securities Lending
  • Equity Swaps / Financing Solutions
  • Trade lifecycle (Front Office → Middle Office → Back Office)
• Good understanding of:
  • Trade booking, lifecycle events, settlements, reconciliations
  • Regulatory / reporting requirements

Business Analysis

• End-to-end SDLC experience (Agile/Waterfall) including planning and execution
• Strong experience in:
  • Requirement elicitation (workshops, stakeholder meetings)
  • Functional documentation
  • Process modeling (BPMN / workflow diagrams)
• Ability to translate business problems into functional solutions

Data & Tools

• Strong hands-on experience with:
  • SQL querying and data analysis (must-have)
• Experience with:
  • Postman / API validation / functional testing
• Exposure to messaging concepts (Kafka / MQ) is beneficial for understanding flows

Core Competencies

• Strong analytical and problem-solving mindset
• Ownership and accountability
• Ability to work independently with minimal guidance
• Excellent stakeholder management and communication skills (written & verbal)
• Ability to operate in a fast-paced, global delivery environment

Nice to Have

• Exposure to AWS ecosystem (S3, EC2, Databricks, etc.)
• Basic understanding of microservices architecture and APIs
• Experience in Agile Scrum, JIRA, and CI/CD-based delivery models
• Knowledge of data platforms (Databricks / Spark)
• Exposure to Python for data analysis (optional)

Work Model

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

Core / Must Have Keywords

Capital Markets, Securities Finance, Equity Swaps, Business Analysis, SQL, Trade Lifecycle, Functional Requirements, Process Flows

Good to Have Keywords

AWS, Databricks, Spark, APIs, Agile, Python

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.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers