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Compliance Technology Product Owner / Business Analyst, Assistant Vice President

State Street
United Statesfull_timeVerifiedPosted 30 May 2024
💰 $142,500/yr($90,000/yr$142,500/yr)

About the role

Who we are looking for

The Compliance Technology Product Owner / Business Analyst will provide business analysis and related duties for various Anti-money laundering (AML) and Compliance Technology projects in the Boston, Massachusetts area. This role’s primary responsibilities will work with the Development team to write technical stories related to system / server updates, job creation / decommissions, and other technical tasks where detailed requirements (BRDs) are not required. 

As secondary responsibilities, the individual will lead the annual tuning exercises of our screening systems; and, where needed liaise with the project sponsors, stakeholders, external vendors and other divisions within State Street to document current state, elicit & document requirements (BRDs) to ensure the delivery of quality products.

Individual must demonstrate leadership abilities in analysis, problem solving, documentation and communication. Individual must be able to work under minimal direction while keeping senior management apprised of issues relating to analysis work related deliverables.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

What you will be responsible for

As Compliance Technology Product Owner / Business Analyst, you will:

  • Work with the Project Manager(s) and Development teams to create and manage user stories in Jira
  • Experience with screening systems in tuning filter engines; and presenting results to Senior Management
  • Independently research and conduct analysis on functional requirements for projects where AML, PEP, Negative News, and Sanctions screening is required
  • Be able to translate complex ideas into cogent business requirements documents (BRD)
  • Collaborate with cross-functional teams to identify requirements, provide guidance, ask and respond to questions and assist with resolving complex issues.
  • Ensure that any gaps identified in the BRDs are addressed and rectified by the relevant team.
  • Support Development and Testing teams by answering questions and updating documentation as needed based on feedback.
  • Be responsible for communication, resolution, and potential escalation of critical issues.
  • Support team in triaging issues found during testing.
  • Support the needs of Business users for User Acceptance Testing (BUAT).
  • Be able to work in a complex, deadline driven organization on projects with minimal supervision.
  • Analyze complex problems, derive options and solutions and present in an understandable manner to stakeholders, developers, testers and users at multiple levels.
  • Act as a liaison with technology and business unit SMEs in support of technology projects.
  • Solicit information from business and IT SMEs about application functions, data and process flows.
  • Document application functions, data and process flows using prescribed template, or appropriate fit-for-purpose format.
  • Participate in integration design process and provide detailed documentation and requirements as appropriate.
  • Document reports required by system stakeholders.

What we value

These skills will help you succeed in this role

  • Ability to facilitate solutions across multiple stakeholders with different and sometimes diverging backgrounds and motives. 
  • Ability to analyze complex problems, derive solutions and present options and solutions to stakeholders and senior management. 
  • Ability to manage multiple simultaneous tasks in a high pressure, deadline environment. 
  • Ability to take ownership and initiative, to negotiate, influence and build consensus and successfully navigate within a demanding and international environment 
  • Strong skills in analytical thinking, problem solving, research, time management, and verbal and written communication. 
  • Experience with system implementation, migration, and sunset
  • Experience with waterfall and agile software development methodologies. 
  • Strong collaboration and relationship management skills.  
  • Ability to work independently. 

Education & Preferred Qualifications

  • Bachelor’s degree with concentration in Engineering, Business, or Technology preferred. 
  • Experience in Compliance domain is highly desirable (Knowledge of Anti-Money Laundering (AML), Sanctions, Screening, Transaction Monitoring, Know Your Customer (KYC), financial securities, and trading principles). 
  • Candidate should have 5-6+ years of experience in financial services, including relevant responsibilities. 
  • Experience with JIRA, Agile (Epics, Stories, Working in Kanban team). 
  • Should have good understanding of Agile methodology and Agile Ceremonies. 
  • Work with geographical

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Company

State Street

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