Business Analyst, Recovery and Resolution Planning (State Street Bank and Trust Company; Boston, Massachusetts ): W ill involve a broad range of activities as part of the Recovery and Resolutions Planning Office in close coordination with various stakeholders in business areas and corporate functions across State Street's organization. Banks are required by regulation to draft recovery plans to prepare for possible financial difficulties and restore their viability in a timely manner. This position's objective is to effectively document the required recovery and resolution plan regulatory filings, while also providing presentations to executive management on plan updates and key decisions. The position also will prepare time-sensitive responses to regulator inquiries. The position requires the ability to to manage competing priorities, while bringing a thoughtful approach and sense of urgency to project plan deliverables. Specific duties of the position include: d riving the continuous improvement of approach on operational requirements under the RRP guidance, including processes that support integrity of mapping results that are foundational to other areas of the Company's recovery and resolution planning; remaining current on relevant regulatory guidance, including contributing to developing views on interpretation of guidance, and developing project plans to meet these requirements; preparing presentations for executive committees and providing relevant responses to regulator inquiries; preparing materials and leading RRP Shared Services working group in order to take forward initiatives to maintain and improve processes; and drafting, reviewing, and editing relevant sections of recovery and resolution plans with the objective of creating clear and consistent messaging throughout relevant sections of the plans.
Minimum requirements: Bachelor's degree or equivalent degree in Finance, International Relations, Business Administration or a related field plus 6 years of relevant experience in the financial industry.
Must have: Demonstrated quantitative skills including ability to understand modeling concepts and analyze data; proven solid verbal communication and documentation skills, including ability to summarize a significant volume of information; demonstrated project management skills, including managing plan milestones and providing status updates; proficient in Word, Excel, PowerPoint, WDesk, and data reporting tools such as Spotfire or QlikView; strong interpersonal skills, including the proven ability to interact effectively with executive management and regulators; and solid knowledge of regulations related to recovery and resolution planning: United States (165(d) and CIDI for US GSIBs) and international plan requirements in other jurisdictions including United Kingdom, EU, Hong Kong, or Canada. (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific amount of years of experience required. All experience can be gained concurrently).
A pply online at statestreet.com/careers . State Street Job ID: R-643342 . An EOE.