POSITION: Assistant Vice President –Business Analyst Financial
REPORTS TO: Vice President – ILS
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:
Assistant Vice President –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
- Techno/Functional team leadership in system and business requirements definition
- Identification, analysis and documentation of system and business requirements
- Analysis, customization and reengineering business processes within functional area and integrating with other areas
- Development of business process flows
- Data conversion mapping and testing
- Support application testing, documentation and monitoring for specific results
- Status reporting on assigned tasks
- Identification of potential problems/challenges and recommendation of solutions
- Knowledge transfer to finance end users and mentor to junior BA’s
- Monitors new ideas and concepts and provides recommendations to senior management
- Leads very complex and challenging business/system requirements by facilitating strategic user meetings and interviewing users, and resolving issues
- Drives the analysis of current processes and recommends solutions and improved processes; may provide counsel on impact of systems changes to business processes
- Coaches and advocates for business area regarding system needs and requests with various groups
- Collaborates on project planning and management with the assigned project manager
- Consults with users, developers, tester, and implementation specialists
- Set the strategic direction for the resolution of extremely complex and high impact requirements analysis problems
- Partners with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processes
- Provide subject matter expertise in the required functional and application area
- Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs
- 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.
- Successfully engage in multiple initiatives simultaneously
- Work independently with users to define concepts
EXPERIENCE & SKILLS REQUIRED:
- Minimum 18 plus years internal or external experience in finance domain
- Successful participation in all pertinent phases of full life cycle implementation and understanding on technical landscape
- Strong analytical and product management skills required, including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirements
- Demonstrated ability to assume functional leadership within a project team in at least one functional area
- Expert understanding of package implementation and methodologies, as well as functional knowledge of their core business practice. Implementation abilities associated with packaged software
- Solid ability in the areas of problem solving, developing alternative approaches to problems, and in resolving conflicts
- Expert knowledge of target system
- Solid 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
- Ability to handle pressure and crisis situations and exhibit diplomacy and polish
- Ability to prioritize and delegate as needed
- Monitors new ideas and concepts and provides recommendations to senior management
- Works across organizations to develop consensus and communicate decisions
- Uses a broad array of communication vehicles to lead, direct, and facilitate requirement analysis effort
- Partners with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processes
GLOBAL ORGANISATION:
- Ability to work with distributed team in multiple time zones.
- Ensure solutions meet local requirements while maintaining consistency with internal global standards
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.
State Street's Speak Up Line
