Business Analyst - Team Lead

State Street

5 - 10 years

Hyderabad

Posted: 14/06/2025

Job Description

Job Description

POSITION:                   Senior Associate –Business Analyst  Financial

REPORTS TO:              Vice President – FRIBS

LOCATION:                 Hyderabad, India

Boston based State Street Corporation (State Street) and it flagship bank – State Street Bank & Trust, a Fortune 500 company and a leading specialist in meeting the needs of institutional investors worldwide.  With $35 Trillion in assets under custody and administration and $3 trillion in assets under management, State Street operates in 30 countries and more than 100 markets worldwide

BASIC FUNCTION:

Senior Associate –Business Analyst – Oracle Financial will be highly regarded with an excellent track record in his or her current environment. The successful candidate must be a strong, decisive, results oriented individual who can develop and manage relationships across the company and with a wide variety of partners, based on trust, teamwork and knowledge. The following details specific responsibilities for this critical role within the scope of Oracle Financial preferably Cloud  

  • Identify, compile, analyze and document business requirements that reflect business needs.
  • Analysis, customization and reengineering business processes within functional area and integrating with other areas
  • Data conversion mapping and testing
  • Support business application testing and monitoring for specific results.
  • Support user training, documentation, and rollout.
  • Status reporting on assigned tasks
  • Knowledge transfer to finance end.
  • Collaborates on project planning and management with the assigned project manager
  • Consults with users, developers, tester, and implementation specialists
  • Proactively communicate and collaborate with finance teams to analyze information needs and functional requirements and deliver the following artifacts as needed:  Business Requirements Document, Functional Requirements Document, Test cases.

EXPERIENCE & SKILLS REQUIRED:

  • Minimum 5 plus years internal or external experience in finance domain
  • Good knowledge of Oracle Cloud Financial.
  • Good knowledge of all of the integration points between system modules
  • Ability to work, contribute, and communicate effectively within immediate team and work with finance personnel as required
  • Ability prioritize and flexibility to modify priorities appropriately
  • Analytical nature and Logically oriented
  • Excellent written communication skills
  • Demonstrate a keenness to learn new skills.

GLOBAL ORGANISATION:     

  • Ability to work with distributed team in multiple time zones.
  • Ensure solutions meet local requirements while maintaining consistency with internal global standards
  • Willingness to travel

INDUSTRY:               Experience within Financial Services and banking industries a must

EDUCATION:            Bachelor’s degree in finance, business, technology or equivalent preferred.

SOFTWARE KNOWLEDGE FOR IMPLEMENTATION:

  • Oracle Financial cloud  (i.e. GL, AP, AR, FA, CE, iExpense and Procurement )
  • Finance Data Warehousing
  • Reconciliation tools
  • Oracle E-Business Suite(i.e. GL, AP, AR, FA, CE, iExpense and Procurement )

SOFTWARE KNOWLEDGE FOR DAILY DUTIES:         

  • Strong Microsoft Office skills on Windows including: Outlook, PowerPoint, Excel, Word
  • Vision & Microsoft project (optional)

PROFESSIONAL LICENCES:     CPA (or equivalent) Preferred

COMPENSATION:

Compensation will be attractive, competitive and will include base salary and incentive compensation appropriate for the management level.

DISCLAIMER:

The above information on this description has been designed to indicate the general nature and level of work.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of an employee assigned to this position.

About Company

State Street Corporation is a leading global financial services company headquartered in Boston, Massachusetts. Founded in 1792, State Street is one of the oldest financial institutions in the United States. It specializes in investment servicing, investment management, and investment research and trading for institutional clients.

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