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Job Description

Alpha Service Business Analyst/Officer

Who we are looking for

An Alpha Services project lead to help progress our current strategic and client facing initiatives. The incumbent will be assigned a variety of short-term project assignments designed to support the Alpha Services teams while providing key learning and growth opportunities within participating business lines or functional teams, along with a deeper understanding of State Street Alpha Services. Participants will be placed in our most meaningful and critical roles across the Alpha Services organization.

Why this role is important to us.

The team you will be joining is a part of an Alpha, cross-departmental group supporting State Street Alpha Services. State Street Alpha Services redefines the common definition of ‘Alpha’ to mean powering better performance and outcomes at every point on the investment lifecycle and is the first open platform from a single provider that connects the front, middle and back office. It harmonizes data, technology, and services across trusted providers to help our clients better manage their businesses. Join us in making your mark in an ever-changing, increasingly complex, and competitive industry is a challenge you are up for.

What you will be responsible for as an ALPHA Officer

  • Orientation and training at our offices in Boston and Quincy, which includes development of State Street business and financial acumen, soft-skills trainings, and case studies.
  • Multiple cross-functional and cross-business job assignments designed to accelerate the development of critical industry knowledge, skills, and experience.
  • Access to training courses on Alpha and essential business skills.

Our roles may offer any combination of assignments that may involve activities such as those noted below.

  • Project management
  • Operational and technology data gathering, data configuration, data mapping and data analysis.
  • Development of procedures and rollout
  • Development and communication of strategies, processes, innovative technology, client progress, client reference materials, financial reports, project/program information
  • May include client/strategic partner interaction.
  • Assisting with client onboarding and implementation activities, gathering/assessing data, facilitating broad divisional progress monitoring and reporting
  • Financial analysis, modeling, and reporting
  • Enhancement efforts related to our technical and procedural infrastructure, business analysis, planning and execution.
  • Evaluating competitor and prospective partner market data and assisting with strategies to recommend and implement partnerships and or upgrade our infrastructure.

What We Value

  • Agile, self-starters that are initiative-takers and want to become a long-term team member and grow as part of the Alpha division’s growth and successes
  • Change management and innovative mindsets
  • Upcoming leaders that are organized, strong communicators, agile and interested in learning while growing and reaping the opportunities of a fast-paced, highly collaborative and successful business environment
  • Demonstrated leadership, ability to engage others and drive successful results
  • Outstanding communication skills, both written and verbal
  • Service oriented with a client focus
  • Strong financial acumen
  • Enthusiasm for learning and commitment to career development
  • Ability to work independently while also adopting a collaborative approach to achieving results
  • Ability to communicate cross-functionally to support technical and operational concepts
  • Project management skills and or certification preferred but not required.

Preferred Attributes

  • Demonstrate experience in managing projects to completion
  • Strong organization and communication skills
  • Data analysis
  • Takes initiative
  • Demonstrated problem solving
  • PowerPoint and Excel skills.

Technical Skills Preferred But Not Required

  • Microsoft Office suite (PowerPoint, Excel, Word, Project, Access)
  • Jira/Confluence
  • Visio
  • Power BI
  • Tableau Reader
  • Project Management.

Education & Preferred Qualifications

  • Graduating no later than the spring of 2024
  • B.S. Degree in any of the following areas: Business Management, Finance, Economics, Mathematics, Data Science, and/or similar
  • 1 to 2 years industry experience preferred but not required.

This position is based in both Boston and Quincy.

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 are making our mark on the financial services industry. For more than two centuries, we have 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 by location, but you may expect generous medical care, insurance, and savings plans, among other benefits. You will have access to flexible Work Programs 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 genuinely believe our employees’ diverse backgrounds, experiences, and perspectives 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 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 programs 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.

Salary Range

$65,000 - $102,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job ID: R-756267

#J-18808-Ljbffr
Boston MA United States

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Apply - Alpha Services Business Analyst