Who we are looking for The Compliance Technology Product Owner / Business Analyst will provide business analysis and related duties for various Anti-money laundering (AML) and Compliance Technology projects in the Boston, Massachusetts area. This role's primary responsibilities will work with the Development team to write technical stories related to system / server updates, job creation / decommissions, and other technical tasks where detailed requirements (BRDs) are not required.
As secondary responsibilities, the individual will lead the annual tuning exercises of our screening systems; and, where needed liaise with the project sponsors, stakeholders, external vendors and other divisions within State Street to document current state, elicit & document requirements (BRDs) to ensure the delivery of quality products.
Individual must demonstrate leadership abilities in analysis, problem solving, documentation and communication. Individual must be able to work under minimal direction while keeping senior management apprised of issues relating to analysis work related deliverables.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
What you will be responsible for As Compliance Technology Product Owner / Business Analyst, you will:
- Work with the Project Manager(s) and Development teams to create and manage user stories in Jira
- Experience with screening systems in tuning filter engines; and presenting results to Senior Management
- Independently research and conduct analysis on functional requirements for projects where AML, PEP, Negative News, and Sanctions screening is required
- Be able to translate complex ideas into cogent business requirements documents (BRD)
- Collaborate with cross-functional teams to identify requirements, provide guidance, ask and respond to questions and assist with resolving complex issues.
- Ensure that any gaps identified in the BRDs are addressed and rectified by the relevant team.
- Support Development and Testing teams by answering questions and updating documentation as needed based on feedback.
- Be responsible for communication, resolution, and potential escalation of critical issues.
- Support team in triaging issues found during testing.
- Support the needs of Business users for User Acceptance Testing (BUAT).
- Be able to work in a complex, deadline driven organization on projects with minimal supervision.
- Analyze complex problems, derive options and solutions and present in an understandable manner to stakeholders, developers, testers and users at multiple levels.
- Act as a liaison with technology and business unit SMEs in support of technology projects.
- Solicit information from business and IT SMEs about application functions, data and process flows.
- Document application functions, data and process flows using prescribed template, or appropriate fit-for-purpose format.
- Participate in integration design process and provide detailed documentation and requirements as appropriate.
- Document reports required by system stakeholders.
What we value These skills will help you succeed in this role
- Ability to facilitate solutions across multiple stakeholders with different and sometimes diverging backgrounds and motives.
- Ability to analyze complex problems, derive solutions and present options and solutions to stakeholders and senior management.
- Ability to manage multiple simultaneous tasks in a high pressure, deadline environment.
- Ability to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment
- Strong skills in analytical thinking, problem solving, research, time management, and verbal and written communication.
- Experience with system implementation, migration, and sunset
- Experience with waterfall and agile software development methodologies.
- Strong collaboration and relationship management skills.
- Ability to work independently.
Education & Preferred Qualifications - Bachelor's degree with concentration in Engineering, Business, or Technology preferred.
- Experience in Compliance domain is highly desirable (Knowledge of Anti-Money Laundering (AML), Sanctions, Screening, Transaction Monitoring, Know Your Customer (KYC), financial securities, and trading principles).
- Experience with Fircosoft and FIS Prime Compliance screening products, a plus
- Candidate should have 5-6+ years of experience in financial services, including relevant responsibilities.
- Experience with JIRA, Agile (Epics, Stories, Working in Kanban team).
- Should have good understanding of Agile methodology and Agile Ceremonies.
- Work with geographically distributed teams while maintaining highest standard in collaboration and communication across the QA/DEV and Business teams.
- Team oriented attitude.
- Excellent verbal and written communication skills.
- Person must be self-motivated, self-driven, own and consider him/herself accountable for timely completion of deliverables.
- Strong problem-solving skills with great attention to details.
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.
Salary Range: $90,000 - $142,500 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.