GDS - Business Analyst / Product Owner - Assistant Vice President
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Job Description
The Product Owner provides strategic business analysis to business partners. The focus of this position is to work closely with the business units to gain in-depth understanding of the business strategy, processes, services, roadmap and the context in which the business operates. This role is key to understanding and documenting capabilities needed to address business challenges.
The Product Owner is responsible for reviewing assigned business processes from end-to-end to identify and address operational, financial and technological risks. Identify opportunities to create efficiencies. Responsibilities includes a full range of activities from leading small to mid-size projects to assisting other project managers on larger more complex projects related to operational business functions that affect team members and providers at the market level.
Responsibilities:
Demonstrate expertise in analyzing during the full project lifecycle to apply this to the development, execution and improvement of plans by providing advice and guidance to others in the application of information and best practices
Support and align efforts to meet customer and business needs
Problem solving:
Identify, create and facilitate process design changes by conducting business and systems process analysis and design at a complex level focusing on quality improvement and data management ensuring data is reliable and valid developing process improvements or re-engineering and recommending elimination using tools eg Business Process Mapping (BPM) integrating new systems and processes with existing ones and partnering with internal and external customers to ensure systems provided meet the long-term business strategies
Provide and support the implementation of business solutions by building relationships and partnerships with key stakeholders identifying business needs determining and carrying out necessary processes and practices monitoring progress and results recognizing and capitalizing on improvement opportunities and adapting to competing demands, organizational changes and new responsibilities
Support system conversions, upgrades, enhancements
Manage the backlog:
Provide project level analysis - producing required project analysis documentation (stories, scope matrix, use cases, current and future state business process maps, UAT plans)
The product backlog must be clearly defined
Prioritize work items and product backlog based on users vision and goals.
Develop user stories and define acceptance criteria to ensure the different skillsets within the development team are all fully utilized to maintain optimum velocity
Set sprint goals
Write acceptance criteria for testing
Plan releases and upgrades
Follow progress of work and address production issues during sprints
Analyze requirements and requests from end users
Refine agile methodology based on results and users feedback
Keep track of industry trends
Evaluate the work done by the development team and provide constant feedback.
Ensure that the product backlog is communicated clearly to all team members so that the Scrum Team have clarity on the product requirements and user expectations.
Create and maintain issue logs, meeting minutes, meeting schedules, project summaries and updates for traceability and accountability.
Collaborate with the project manager to maintain project schedules by developing project plans and specifications, estimating time and resources, monitoring milestone completion, tracking all phases of the project lifecycle, providing timely reporting of risks, assumptions, issues, dependencies that impact project progress, coordinating actions and resolving conflicts
Meet with the project team regularly to review project deliverables and deadlines
Communication:
Manage customer relationships (internal and external) and expectations by developing a communication process to keep others up-to-date on project results
Stay current with customer needs and strategies utilizing formal and informal written communication methods (for example, emails, newsletters, PowerPoint presentations, executive updates, task lists, updates) to communicate updates and findings and facilitating project meetings and presentations to all types of diverse audiences (for example, senior management, Customers, technical staff)
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Serve as a liaison between Operations and IT to assist or gather business requirements needed for system modifications, enhancements and implementations and provide necessary guidance to testers during QA process
Lead or participate in analysis for multiple projects by completing and updating project documentation managing project scope adjusting schedules when necessary determining daily priorities ensuring efficient and on-time delivery of project tasks and milestones following proper escalation paths and managing (internal and external) relationships
Collaborate with team members, peers, senior management or others by articulating ideas and viewpoints identifying and initiating projects driving the resolution of issues and holding self and team accountable for results
Requirements and skills
Work experience as a Product Owner or similar role in projects
Familiarity with agile is a plus
Hands-on experience with all stages of the project lifecycle
Knowledge of communicating with Technology teams for software development
Able to work well independently but also a good team player with good communication skills.
Good organizational, time management and problem-solving skills
Experience working on medium/large scale projects as well as handling change requests from the business
Strong analytical skills and the ability to successfully manage multiple tasks at any given point including data analysis eg. proficiency with SQL or Microsoft Excel
Strong relationship building skills & communication skills
Understanding of middle office processes is a plus
Skills
AgileAgile MethodologyBusiness Process MappingDocumentingProcess MappingProject DocumentationUatUser StoriesProject ManagerProduct OwnerIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
State Street Corporation, a leading financial services provider, offers a broad spectrum of opportunities through State Street Careers, targeting ambitious professionals eager to excel in the finance sector. Specializing in investment management, asset servicing, and data analytics, State Street Careers encompass roles across a diverse range of functions such as finance, technology, risk management, and operations. The company prides itself on fostering an inclusive and innovative work environment, where employees are encouraged to grow their skills and contribute to State Street's global success. Joining State Street Careers means being part of a team dedicated to excellence, integrity, and client service, making a significant impact in the financial world.
Important dates & deadlines?
Application Deadline
10 Apr 25, 12:31 PM IST
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