# Alpha Data Content and Configuration – Security Master Business Analyst, Senior Associate
Alpha Data Services seeks a team player with strong experience and interest in supporting the build out of our product offering as part of the growth in demand within Alpha Data services and our clients.
State Street is making a multi-year strategic investment in Alpha Data Services. We are seeking a skilled Business Analyst to join our team and play a crucial role in documenting and optimizing our business processes. The Asset Management Business Analyst will be responsible for analyzing, documenting, and improving business processes within the Alpha Data Service Practice area around Security Master. This role requires a deep understanding of asset management operations, strong analytical skills, and the ability to communicate effectively with stakeholders.
Position Summary
The Analyst is responsible for the operational management, monitoring, reconciliation, and support of the security platform, ensuring the accurate synchronization of security master data across Front Office, Middle Office, and Back Office platforms. The role supports security onboarding, identifier validation, exception management, security setup coordination, data quality controls, and stakeholder engagement to maintain a consistent and reliable security master universe across the organization.
Responsibilities
•Conduct gap analysis to evaluate client requirements against scope of project, and against the standard product offering.
•Monitor and support the end-to-end security synchronization lifecycle.
•Support the synchronization of security records across State Street Platforms.
•Maintain data integrity and consistency across all consuming platforms.
•Monitor exception dashboards and operational queues.
•Investigate security creation failures, synchronization issues, and processing exceptions.
•Manage daily production support activities and operational health checks.
•Perform root cause analysis for security exceptions.
•Identify automation opportunities and process enhancements.
•Assist with testing, implementation, and production validation of new SMF Sync releases.
•Support onboarding of new clients and operating model enhancements.
•Document detailed operating procedures, including workflows and process roles and responsibilities as part of core product evolution.
•Ensure risks, assumptions and constraints are appropriately communicated and escalated when necessary.
•Conduct regular reviews and updates of process documentation to ensure accuracy and relevance.
•Provide support and training to team members on new processes and systems.
Qualifications
•Bachelor's degree in business administration, Finance, Economics, or a related field.
•Proven experience over 5 years, as a Business Analyst, preferably in the asset management industry with a focus on Security Mastering, price and security reference data.
•Strong understanding of asset management operations and financial products.
•Proficiency in process mapping and documentation tools (e.g., Visio, Lucidchart).
•Excellent analytical and problem-solving skills.
•Strong communication and interpersonal skills.
•Ability to work independently and as part of a team.
•Attention to detail and a commitment to producing high-quality documentation.
Preferred Qualifications
•Experience with project management methodologies (e.g., Agile, Waterfall).
•Knowledge of regulatory requirements and compliance in asset management.
•Familiarity with data analysis tools and software (e.g., SQL, Excel).
•Technical knowledge in Security Master Data Management, Reference Data Operations, Financial Instruments and Security Identifiers, Production Support and Incident Management, Data Quality Controls and Reconciliation Processes.
•Functional knowledge should be good with Equity, Fixed Income, and other asset classes.
•Analytics skills should include Root Cause analytics, Data investigation, Exceptions resolution, Process Optimization, Risk Assessment.
