At a Glance
- Tasks: Analyse business and data requirements to enhance account and reference data capabilities.
- Company: Join a leading firm transforming data management in asset services.
- Benefits: Inclusive development opportunities, flexible work-life support, and paid volunteer days.
- Other info: Collaborative environment with vibrant employee networks and excellent career growth.
- Why this job: Make a real impact on strategic initiatives and drive operational excellence.
- Qualifications: 5-10 years as a Business Analyst with strong analytical and communication skills.
The predicted salary is between 57036 - 69710 £ per year.
In this role, you will analyse business and data requirements to shape account and reference data capabilities within the Alpha platform. You will collaborate with product, architecture, technology, operations and client implementations to define target operating models and governance controls. You’ll support strategic initiatives such as account resolution, automated account creation, and data quality improvements, driving cross-functional alignment and operational excellence. The role offers visibility across governance forums and client implementations, with a focus on transforming data management in asset services. This is a hands-on, impact-focused opportunity to influence data-driven decisions.
Pay / Benefits
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Vibrant employee networks
Responsibilities
- Elicit, analyse and document business, operational and data requirements
- Facilitate workshops across clients, operations, product, technology and implementation teams
- Produce BRDs, functional specs and user stories
- Document current-state and target-state operating models
- Translate strategic objectives into detailed business and data requirements
- Support prioritisation aligned to the Account Reference Data roadmap
- Support governance and control frameworks across account master data
- Identify control gaps and support governance processes across the data lifecycle
- Support development of account resolution, creation and governance and lifecycle management
- Document data quality controls and monitoring requirements
- Document validation rule logic and remediation workflows
- Analyse reconciliation and data integrity issues
- Identify automation opportunities and process improvements
- Create SOPs, data standards, governance frameworks and policies
- Prepare executive-ready documentation for governance forums and clients
- Define KPIs, business rules and visuals requirements for Power BI
- Support strategic change initiatives across the domain
- Manage requirements through delivery lifecycle and coordinate testing
Key requirements
- 5-10 years as a Business Analyst in Asset Management, Financial Data Management or Investment Operations
- Strong understanding of account and reference data concepts
- Experience with Security Master, Account Master or Reference Data platforms
- Experience documenting operating models and business processes
- Knowledge of Agile and Waterfall project methodologies
- Experience producing requirements documentation and process mapping
- Strong stakeholder management and communication skills
- Strong analytical and problem-solving capabilities
Senior Business Analyst – Account & Reference Data Management, Senior Associate employer: State Street Bank
State Street Global Technology Services is an exceptional employer that prioritises employee growth and inclusivity, offering a dynamic work environment in London. With a strong commitment to professional development, flexible work-life balance, and vibrant employee networks, we empower our team members to thrive while driving impactful change in the financial services sector. Join us to be part of a culture that values collaboration, accountability, and innovation, ensuring that every voice is heard and every contribution matters.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst – Account & Reference Data Management, Senior Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like State Street Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Business Analyst – Account & Reference Data Management, Senior Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to State Street Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on State Street Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at State Street Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with State Street Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at State Street Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former State Street Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
