Business Analyst, Officer

Business Analyst, Officer

Full-Time 35000 - 45000 £ / year (est.) No working from home possible
State Street Corporation

At a Glance

  • Tasks: Define business requirements, analyse processes, and support application-related queries.
  • Company: Join State Street, a global leader in financial services.
  • Benefits: Flexible work-life support, paid volunteer days, and inclusive development opportunities.
  • Other info: Collaborate with diverse teams and enjoy vibrant employee networks.
  • Why this job: Make an impact in a dynamic environment while developing your analytical skills.
  • Qualifications: 2+ years in business analysis, proficiency in Excel, Python, and SQL.

The predicted salary is between 35000 - 45000 £ per year.

Defines business/system requirements by facilitating user meetings and interviewing users, developing use cases, and researching and resolving issues. Participates in business analysis project planning and management by documenting and maintaining plans, managing issue logs and preparing project documentation. Analyzes current processes and recommends solutions and improved processes. May also oversee the acquisition, analysis, and dissemination of subject matter knowledge. Provides technical and business knowledge to users and team. Keeps abreast of technological and competitive developments. Experience in the analysis and testing phases in the development cycle.

Minimum 2+ years of technical business analysis experience in banks/financial institutions. Confidence in dealing with business and technology stakeholders. Strong analysis skills; proficiency with Excel, Python, and SQL. Knowledge of agile methodologies/principles is a plus. Working knowledge and comfort level in using Python (including Numpy/Pandas) for data analysis.

Job Responsibilities:

  • Carry out data analysis using SQL (and Python as needed) for future feature requests.
  • Support day-to-day application-related issues/queries from users.
  • Document use cases/stories based on user requirements.
  • Participate in daily meetings with development/testing teams in Global Offshore centers.
  • Provide feedback to developers and QA team as needed.
  • Interact with internal/external teams and business users on a variety of project-related topics.
  • Manage day-to-day prioritization of development and QA work.

Knowledge of Securities Financing is a nice to have.

Business Analyst, Officer employer: State Street Corporation

State Street is an exceptional employer that prioritises the growth and well-being of its employees, offering a dynamic work culture where innovation thrives. With a commitment to inclusivity, employees benefit from flexible work-life support, paid volunteer days, and numerous development opportunities, all while being part of a global team that values collaboration and engagement. Located in a vibrant financial hub, this role as a Business Analyst provides a unique chance to contribute to meaningful projects that drive performance and profitability for institutional investors.

State Street Corporation

Contact Details:

State Street Corporation Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst, Officer

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 Corporation. 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 Business Analyst, Officer

Business Analysis
User Requirements Gathering
Use Case Development
Project Documentation
Process Improvement
Technical Knowledge
Data Analysis

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 Corporation.

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 Corporation'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 Corporation

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 Corporation.

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 Corporation 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 Corporation 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.