At a Glance
- Tasks: Partner with sales to shape solutions and support client proposals.
- Company: Join State Street, a leading global financial services firm.
- Benefits: Enjoy competitive pay, flexible work options, and comprehensive benefits.
- Other info: Be part of a diverse team committed to community engagement.
- Why this job: Make an impact in the financial industry while developing your skills.
- Qualifications: 8+ years in investment operations or business analysis required.
The predicted salary is between 60000 - 80000 £ per year.
As New Business Solutions Analyst you will:
- Partner with sales and client stakeholders to shape solution strategy, support proposals, and contribute to client presentations and discussions.
- Build a strong understanding of client operating models, business requirements, and product capabilities to define practical solution options.
- Lead or support discovery, service definition, and due diligence activities, including workshops, scope definition, project planning, and requirements clarification.
- Develop broad knowledge of internal and external products, platforms, and industry solutions to identify the best fit for client needs.
- Design and evaluate multiple solution approaches, using analysis and data to recommend clear, client-ready options and trade-offs.
- Coordinate across sales, product, project, onboarding, and technology teams to communicate status, manage dependencies, and keep delivery on track.
- Prepare and review key solution documentation, including scope of services, operating models, SLAs, transition plans, and supporting materials for internal approval.
- Support commercial evaluation and governance by contributing to financial assumptions, approvals, risk escalation, and stakeholder reporting throughout the deal lifecycle.
Specific Duties:
- Support the management and response to client proposals (e.g. RFP/I’s), including development of supporting materials and contribution to client and consultant discussions.
- Partner with the Solutions Engineer Deal Lead, Sales, and Commercial teams to develop deal financials, assumptions, and approval materials in line with the sales governance process.
- Build and maintain relationships with key internal and external stakeholders, including sales, product, clients, and consultants, with a clear understanding of their roles and interactions.
- Actively participate in pre‑contract activities, using standard planning materials to validate scope and identify gaps or inconsistencies to inform solution design.
- Drive continuous process improvement and define enhanced solutions, supporting the improvement of SLAs, operating models, transition plans, and detailed scope documentation.
- Lead and coordinate junior team members and Business Analysts to capture outputs and maintain tracking tools in support of service definition.
Requirements and Qualifications:
- Proven experience (minimum 8 years) across investment operations, project management, client implementation, and/or business analysis.
- Some experience integrating with industry software providers to promote platform connectivity/interoperability.
- Prior experience with client conversions and onboarding efforts in the financial services industry.
- Knowledge of financial services products and processes is desirable, along with experience in technology strategy, client service, business functions, or management consulting.
- Experience with designing new solutions by analysing requirements, studying system capabilities, and writing specifications.
- Proficient experience with Microsoft Office 365 suite of products.
Work Parameters or Boundaries:
- Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role.
- Ensure that the highest level of the Code of Conduct is displayed in your behaviour.
- Provide appropriate management information as required to support business unit decision making.
- Support the ‘Risk Excellence’ culture within the business.
- Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations.
- Liaise with colleagues within other State Street offices and teams globally.
- Ensure all activities are compliant with corporate standards.
- Maintain clear and effective communications with immediate colleagues and Senior Management.
- Adhere to internal procedures and best practices at all times.
About State Street:
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.
We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
We truly believe our employees’ diverse backgrounds, experiences and perspective 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 the 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 program 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.
Discover more at StateStreet.com/careers
New Business Solutions Analyst, Assistant Vice President in Edinburgh employer: State Street
At State Street, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters individual ownership and accountability. Our comprehensive benefits package, flexible work programmes, and commitment to employee development ensure that you can thrive both personally and professionally. With a strong focus on inclusion and community engagement, we empower our employees to make a meaningful impact while enjoying a supportive culture that values diverse perspectives.
StudySmarter Expert Advice🤫
We think this is how you could land New Business Solutions Analyst, Assistant Vice President in Edinburgh
✨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. 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 New Business Solutions Analyst, Assistant Vice President in Edinburgh
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.
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'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
✨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.
✨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 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 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.