POSITION:                   Assistant Vice President –Business Analyst  Financial

REPORTS TO:              Vice President – ILS

LOCATION:                 Hyderabad, India

Boston based State Street Corporation (State Street) and it flagship bank – State Street Bank & Trust, a Fortune 500 company and a leading specialist in meeting the needs of institutional investors worldwide.  With $35 Trillion in assets under custody and administration and $3 trillion in assets under management, State Street operates in 30 countries and more than 100 markets worldwide

BASIC FUNCTION:

Assistant Vice President –Business Analyst – Oracle Financial will be highly regarded with an excellent track record in his or her current environment. The successful candidate must be a strong, decisive, results oriented individual who can develop and manage relationships across the company and with a wide variety of partners, based on trust, teamwork and knowledge.  The following details specific responsibilities for this critical role within the scope of Oracle Financial preferably Cloud  

Techno/Functional team leadership in system and business requirements definitionIdentification, analysis and documentation of system and business requirementsAnalysis, customization and reengineering business processes within functional area and integrating with other areasDevelopment of business process flowsData conversion mapping and testingSupport application testing, documentation and monitoring for specific resultsStatus reporting on assigned tasksIdentification of potential problems/challenges and recommendation of solutionsKnowledge transfer to finance end users and mentor to junior BA’sMonitors new ideas and concepts and provides recommendations to senior managementLeads very complex and challenging business/system requirements by facilitating strategic user meetings and interviewing users, and resolving issuesDrives the analysis of current processes and recommends solutions and improved processes; may provide counsel on impact of systems changes to business processesCoaches and advocates for business area regarding system needs and requests with various groupsCollaborates on project planning and management with the assigned project managerConsults with users, developers, tester, and implementation specialistsSet the strategic direction for the resolution of extremely complex and high impact requirements analysis problemsPartners with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processesProvide subject matter expertise in the required functional and application areaCritically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needsProactively communicate and collaborate with finance teams to analyze information needs and functional requirements and deliver the following artifacts as needed:  Business Requirements Document, Functional Requirements Document, Test cases.Successfully engage in multiple initiatives simultaneouslyWork independently with users to define concepts

EXPERIENCE & SKILLS REQUIRED:

Minimum 18 plus years internal or external experience in finance domainSuccessful participation in all pertinent phases of full life cycle implementation and understanding on technical landscapeStrong analytical and product management skills required, including a thorough understanding of how to interpret customer business needs and translate them into application and operational requirementsDemonstrated ability to assume functional leadership within a project team in at least one functional areaExpert understanding of package implementation and methodologies, as well as functional knowledge of their core business practice.  Implementation abilities associated with packaged softwareSolid ability in the areas of problem solving, developing alternative approaches to problems, and in resolving conflictsExpert knowledge of target systemSolid knowledge of all of the integration points between system modulesAbility to work, contribute, and communicate effectively within immediate team and work with finance personnel as requiredAbility prioritize and flexibility to modify priorities appropriatelyAnalytical nature and Logically orientedExcellent written communication skillsAbility to handle pressure and crisis situations and exhibit diplomacy and polishAbility to prioritize and delegate as neededMonitors new ideas and concepts and provides recommendations to senior managementWorks across organizations to develop consensus and communicate decisionsUses a broad array of communication vehicles to lead, direct, and facilitate requirement analysis effortPartners with technology and business managers providing overall strategic leadership in developing and maintaining disciplined processes

GLOBAL ORGANISATION:     

Ability to work with distributed team in multiple time zones.Ensure solutions meet local requirements while maintaining consistency with internal global standards

INDUSTRY:               Experience within Financial Services and banking industries a must

EDUCATION:            Bachelor’s degree in finance, business, technology or equivalent preferred.

SOFTWARE KNOWLEDGE FOR IMPLEMENTATION:

Oracle Financial cloud  (i.e. GL, AP, AR, FA, CE, iExpense and Procurement )Finance Data WarehousingReconciliation toolsOracle E-Business Suite(i.e. GL, AP, AR, FA, CE, iExpense and Procurement )

SOFTWARE KNOWLEDGE FOR DAILY DUTIES:         

Strong Microsoft Office skills on Windows including: Outlook, PowerPoint, Excel, WordVision & Microsoft project (optional)

PROFESSIONAL LICENCES:     CPA (or equivalent) Preferred

COMPENSATION:

Compensation will be attractive, competitive and will include base salary and incentive compensation appropriate for the management level.

DISCLAIMER:

The above information on this description has been designed to indicate the general nature and level of work.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of an employee assigned to this position.

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