Oracle ORMB Business Analyst, AVP

State Street - Boston, MA (30+ days ago)3.5


The Finance Risk Infrastructure Business Solutions Team (FRIBS) is responsible for providing business and technology solutions for our Finance and Risk business partners.

The Business Analyst is a key position responsible for contributing to assessment efforts division-wide and beyond and using thorough understanding of business systems, financial industry, and system development lifecycle methodology (ies) to provide the highest level of expertise to support very complex longer-term projects throughout their life cycle, with the emphasis on the analysis stage.

This position will focus on creating Accounts Receivable and Accrual business requirements for Oracle Accounts Receivable and Accrual processing, Cash Application, Collections Management, Revenue Management, General Ledger integration with Oracle Revenue Management and Billing (ORMB) as well as associated reconciliations and reporting . Primary location is Boston/Quincy but location is flexible.

Major Responsibilities:
Directs very complex and challenging business/system requirements by facilitating strategic user meetings and interviewing users, and resolving issues
Leads the analysis of current processes and recommends solutions and improved processes; consults as subject matter expert on impact of systems changes to business processes
Identify, compile, analyze and document business requirements that accurately and thoroughly reflect business needs with clear, concise language consistent with methodology framework
Leads and reviews draft detailed requirements and related documentation
Serves as advocate for business area regarding system needs and requests with various groups.
Monitors project planning and management by documenting and maintaining plans, managing issue logs and preparing project documentation
Demonstrates understanding of the impact of problems on the organization as a whole, and facilitate collaboration to achieve resolutions.
Use a broad array of communication tools to inform, persuade, influence, direct and facilitate requirements analysis and communication within project teams and between Business and Technical teams
In addition to users, communicates with and act as liaison between with developers, testers, and implementation specialists
May direct special projects - conducting research, collecting and providing requested data, etc.
Model and analyze business processes and assist the business in identifying ways to maximize operational efficiencies, quality and compliance

Key Characteristics:
Anticipates client needs, investigates the underlying causes and identifies short- and long-term solutions
Anticipates client business issues and developments in own discipline; uses knowledge to focus work and drive improvements
Identifies patterns and links; looks beyond the immediate problem to the wider implications; generates new solutions to complex problems
Self-confidence, high energy and tenacity in bringing issues to closure and moving forward are highly desired

Qualifications:
Strong knowledge and experience in Oracle Accounts Receivable and Accrual processing, Cash Application, Collections Management, Revenue Management, General Ledger integration with Oracle Revenue Management and Billing (ORMB) as well as associated reconciliations and reporting Strong research, analytical, and problem solving skills; demonstrated understanding of system development life cycle methodology(ies) Demonstrated competency to support the most complex projects Excellent attention to detail and organizational skills Excellent customer service, facilitation, and communication skills Strong written and oral communication skills to motivate, build consensus, and influence staff and customers are required Sound judgement and excellent ability to prioritize and multi-task Project management skills, PMP or PMP candidate helpful but not required Excellent understanding of business systems and industry requirements Advanced MS Office – Word, Excel, PowerPoint, Visio, Project 7+ years of Financial Services Industry preferred BA/BS Computer Science / Business / MIS (or equivalent work experience to substitute for education)