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Business Analyst, Fixed Income and OTC

AT State Street
State Street

Business Analyst, Fixed Income and OTC

Melbourne, Australia

Who we are looking for

Fixed income and OTC derivative expert/business analyst to work within our product team and bring industry best practices in analytics and portfolio management workflows. This role involves understanding of complex financial instruments, analysing current systems, and designing components for future solutions.

Why this job is important to us

The team you will be joining is a part of Charles River Development (or CRD), that became a part of State Street in 2018. CRD helps create enterprise investment management software solutions for large institutions in the areas of institutional investment, wealth management and hedge funds. Together we have created the first open front-to-back platform - State Street Alpha, that was launched in 2019.

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Join us if delivering next generation infrastructure, using emerging technologies sounds like a challenge you are up for.

As a Fixed Income & OTC Derivative Business Analyst, you will have:

  • Expertise in one or more of the following asset classes: Rates, Credit, Equity, FX, Commodities.
  • Front to back experience, from trade capture to execution, and life cycle events.
  • Business & System analysis and maintenance experience including the ability to:
    • Triage support issues for the product team identifying them as either bugs or systems enhancements
    • Design expected solutions for the development team to implement
    • Collaborate with experienced developers to elicit, understand and document system requirements and functionalities
  • Ability to work closely with developers to provide business insights
  • Design, documentation, and solution execution experience with the ability to address identified business problems and help execute on with product managers for launches of new products.

What you are responsible for

  • Apply detailed knowledge of business requirements and workflows to assist in product development
  • Research and produce business and technical requirement documents
  • Work directly with customers and product management team to gather product requirements and develop feature specifications, involvement in all aspects of the software product life cycle
  • Partner with development to help develop, implement, and refine features
  • Plan and schedule validation tasks; provide hands-on manual tests; develop verification plans and processes
  • Provide feedback on product performance
  • Review documentation to ensure accurate and complete documentation
  • Provide client beta testing support and train personnel on capabilities of new product releases
  • Assist with the management of project schedules and deliverables
  • Assist implementation and support to resolve escalated client issues
  • Actively participate in the Agile software development process by adhering to the CRD Scrum Methodology including attending daily standups, sprint planning, backlog grooming, and retrospectives.
  • Participate in group testing activities as needed.

What we value

  • Strong analytical skills with ability to collect, absorb and analyse information quickly and independently.
  • Excellent executive level communication skills.
  • Strong interpersonal skills: proven ability to work collaboratively with a wide range of individuals at all levels of an organization.
  • Strong individual contributor with high motivation, the ability to take direction as well as take initiative, set priorities, and perform tasks with minimal guidance and oversight.
  • Proven ability to develop and manage cross functional processes and project timelines.
  • Excellent follow-through, attention to detail and time management skills.
  • Ability to develop recommendations, form judgments and make decisions based on existing available data.

Education: BS Degree in Computer Science, Engineering, Mathematics, Physics, or study of Business with an MIS background. MS/MBA degree strongly preferred

Education & Preferred Qualifications

  • BS Degree in Computer Science, Engineering, Mathematics, Physics, or study of Business with an MIS background.
  • MS/MBA degree strongly preferred

About State Street

What we do. 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.

Work, Live and Grow. 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.

Inclusion, Diversity and Social Responsibility. 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

State Street's Speak Up Line

Client-provided location(s): Melbourne VIC, Australia
Job ID: StateStreet-R-759378
Employment Type: Full Time