State Street

Business Analyst - Officer

State Street  •  Bengaluru, IN (Onsite)  •  2 hours ago
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Job Description


Business Analyst Officer

ROLES & RESPONSIBILITES
-  
Lead end-to-end business analysis activities for banking and payments transformation programs
-  Engage with business stakeholders, operations, and technology teams to gather and refine requirements
-  Create Business Requirement Documents (BRD) ,Functional Requirement Specifications (FRD) ,User stories, process flows, and data mapping documents
-  Conduct detailed gap analysis between existing systems and target architecture
-  Translate business needs into functional solutions aligned to core banking and payment platforms
-  Drive solution design discussions and validate feasibility with technology teams
-  Participate in client workshops, requirement walkthroughs, and solution reviews
-  Collaborate with vendors and third-party providers during implementation
-  Ensure alignment with regulatory, compliance, and ISO standards
-  Mentor junior analysts and contribute to BA best practices
-  Support:
    a) System Integration Testing (SIT)
    b) User Acceptance Testing (UAT)
    c) Defect triage and resolution

SKILLSETS
  10-15 years relevant work experience
Strong Knowledge :
Banking Domain : Core-Banking processing lifecycle , Customer-Account onboarding and management ,deposits, liability-assets
 Payment Domain : Payment processing Lifecycle , ISO 20022 schemes for Domestic and cross-border payment flows (CBPR+ FED, CHIPS, CHAPS, SEPA, CHATS , RITS etc.)
    System integrations and interfaces with Data design skills.
Work Experience :
    
Products ->
      Temenos Transact (T24) - preferred / Oracle FLEXCUBE / Infosys Finacle
    ACI RTPS (Real-Time Payment System) /TFG Pelican / PayHUB
    SQL , Flowcharts , SDD-HDD
    Agile / Scrum methodologies   
Should have/be :

    Excellent stakeholder management and communication skills
    Strong analytical and problem-solving capability
    Ability to work in cross-functional, global teams
    Experience in client-facing roles and workshops
    Leadership skills with ability to mentor team members

Keywords (If any)

Business Analyst, Core Banking, Payments, SWIFT, ISO20022

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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State Street

About State Street

At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making.

With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities:

Investment Services: Integrated front-to-back solutions across custody, accounting, and operations.

Investment Management: Index and active strategies from one of the world’s largest asset managers.

Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value.

Who We Are

• 50,000+ employees worldwide

• Active in 100+ markets

• #1 in ETF servicing

What You’ll Find Here

• Executive perspectives and thought leadership

• Timely market commentary and macro insights

• Our views on investment operations, ETFs, private markets, and digital finance

• Stories reflecting our culture, values and commitment to diversity and inclusion

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boston, Massachusetts
Year Founded
1792
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