Enterprise Transformation (Value Assurance), Analyst - Officer

Enterprise Transformation (Value Assurance), Analyst - Officer

Position Overview

As part of State Street's transformation journey, we are implementing a product and platform operating model to simplify how the firm operates, modernize platforms and processes, accelerate technology and AI adoption, strengthen resiliency and controls, and improve outcomes for clients, employees and shareholders. Transformation is business-led and enterprise-enabled, with the Transformation Management Office providing enterprise coordination, governance, methodology, execution support and value-realization oversight.

The Analyst, Impact Assurance is a hands-on analytical role within the Transformation Management Office supporting consistent measurement, validation and reporting of transformation outcomes. Reporting within the Impact Assurance unit, the role supports baseline development, business-case analysis, benefit tracking, evidence collection, data reconciliation and portfolio reporting.

The Analyst works with Finance, business owners, Transformation Directors, Program Leads and data owners to maintain accurate and transparent information on committed, forecast, realized and at-risk transformation value.

This is an individual-contributor role operating within established methodologies, controls and escalation processes. The Analyst is expected to deliver accurate, timely analysis, document assumptions and evidence, identify inconsistencies, and escalate issues for review rather than independently establishing assurance standards or approving benefit claims.

Primary Responsibilities

Baseline & Measurement Support

• Prepare baseline and target analyses using approved methodologies, source data and templates.
• Document assumptions, data sources, calculation methods and supporting evidence.
• Perform reasonableness, completeness and consistency checks on measures and targets.
• Maintain accurate records of approved baselines, targets, definitions and validation requirements.
• Escalate missing information, unclear measures or unsupported assumptions for review.

Business Case & Benefits Analysis

• Support review of transformation business cases, including calculations, benefit drivers, costs, timing and supporting documentation.
• Compare assumptions with approved definitions, financial information and available source evidence.
• Identify potential duplicate claims, attribution gaps and inconsistencies for senior review.
• Prepare analyses and supporting materials for business-case and assurance reviews.
• Update records and analyses based on approved decisions and feedback.

Benefits Tracking & Evidence Management

• Maintain initiative-level benefit trackers covering commitments, forecasts, realized outcomes, timing and status.
• Collect financial and non-financial evidence from business, Finance, technology and program teams.
• Reconcile reported outcomes to supporting data and identify missing evidence or data-quality concerns.
• Maintain value-risk, action and follow-up records through completion.
• Support validation of financial, productivity, client, operational, adoption and risk outcomes.

Portfolio Reporting & QBR Support

• Prepare recurring analyses showing realized, forecast and at-risk transformation value.
• Produce accurate tables, charts and supporting schedules for portfolio reviews, Quarterly Business Reviews and governance materials.
• Review reporting for completeness, consistency and alignment with approved source information.
• Maintain supporting documentation to ensure reported outcomes are traceable and reviewable.
• Coordinate with Governance and Reporting colleagues to ensure validated information is reflected consistently across portfolio materials.

Data Quality, Controls & Tools

• Perform data-quality checks, reconciliations and defined controls across assurance inputs and outputs.
• Maintain version control, review trails and supporting documentation for business cases, baselines, forecasts and validation records.
• Apply established Impact Assurance standards, templates and procedures consistently.
• Use Excel, PowerPoint, reporting platforms and approved automation or AI-enabled tools to improve efficiency and accuracy.
• Escalate control exceptions, methodology questions and unresolved data issues through established channels.

Stakeholder Coordination & Team Support

• Coordinate information requests with Finance, business owners, Program Delivery teams and data owners.
• Prepare meeting materials and maintain actions and follow-up records for assurance working sessions.
• Respond to questions regarding assigned analyses, evidence and reporting inputs.
• Support senior Impact Assurance team members with ad hoc analysis and priority portfolio requests.
• Contribute practical improvements to templates, trackers and analytical processes.

Experience, Skills & Leadership Capabilities

• Relevant experience or demonstrated capability in financial analysis, business analysis, portfolio reporting, transformation analytics, FP&A, accounting, consulting or a related analytical discipline.
• Strong quantitative aptitude and ability to work accurately with financial and operational data.
• Working knowledge of business cases, budgeting, forecasting, benefits tracking or performance measurement is advantageous.
• Proficiency with Excel and PowerPoint; experience with reporting, visualization, workflow or portfolio-management tools is advantageous.
• Ability to follow established methods, maintain clear documentation and deliver accurate analysis with strong attention to detail.
• Clear written and verbal communication skills and ability to work effectively with data owners, project teams and functional partners.
• Organized and dependable working style with the ability to manage multiple deliverables and deadlines.
• Analytical curiosity and willingness to constructively question incomplete, inconsistent or unsupported information.
• Sound judgment regarding when to resolve routine issues and when to seek guidance or escalate.
• Bachelor's degree or equivalent relevant experience required; degree in finance, accounting, economics, business, analytics, mathematics or a related discipline preferred.

Success Measures

Success in this role will be measured through:

• Accuracy, completeness and timeliness of baseline, business-case, benefit-tracking and reporting deliverables.
• Quality and traceability of data, assumptions, calculations and supporting evidence.
• Timely identification and escalation of inconsistencies, duplicate claims, missing information and data-quality issues.
• Adherence to Impact Assurance standards, methodologies, documentation and control requirements.
• Quality and timeliness of inputs supporting portfolio reviews and Quarterly Business Reviews.
• Responsiveness to Finance, business, program and assurance-team stakeholders.
• Reliable completion of assigned actions and maintenance of current records and trackers.
• Contribution to efficient, transparent and continuously improving Impact Assurance processes.

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

Salary Range:

$60,000 - $101,250 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.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.