IT Business Specialist - Fund Accounting, Assistant Vice President

The IT Business Specialist is responsible for providing functional support and acts as a key liaison between Business stakeholders and IT in relation to applications and processes within the Fund Accounting (TA, NAV, settlement and Regulatory aspects) environment. The role serves as the primary functional point of contact for the Office Manager, ensuring effective support through strong knowledge of the relevant operational procedures.The role also includes supporting the assessment and implementation of application changes by translating business needs into functional requirements and contributing to the continuous enhancement of existing processes and systems. Working in close partnership with Business and IT teams, the IT Business Specialist helps ensure that technology solutions are aligned with operational priorities, delivered efficiently, and maintained in accordance with business expectations and service standards.KeyResponsibilitiesProvide functional support as the first point of contact for the Office Manager, leveraging in-depth knowledge of the Fund Accounting procedure.Perform functional analysis on the Fund Accounting application and related software programs.Meet with Business stakeholders to collect, assess, and coordinate new software requirements and changes to existing software processes.Desired Qualifications and SkillsExperience in functional support and business analysis within application or software environments.Good understanding of operational procedures.Knowledge of the Fund Accounting process or similar banking operations.Ability to gather, document, and coordinate business requirements effectively.Strong communication and stakeholder management skills.Preferred AttributesProactive and solution-oriented mindset.Ability to work effectively across technical and business teams.Strong attention to detail and process accuracy.Organized approach to managing multiple requests and priorities.Collaborative attitude and willingness to support continuous improvement.Minimum Salary:​67,500 AnnualThe minimum salary quoted above applies to the role in the primary location specified. If the successful candidate ultimately works outside of this primary location, the applicable minimum salary may differ.​Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.​In addition to base salary, employees may, subject to applicable local laws, company policies, and plan terms, be eligible for a country-aligned benefits package and may be considered, at the Company’s sole discretion, for discretionary annual performance-based awards.About State StreetAcross 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.Discover more information on jobs at StateStreet.com/careersRead our CEO StatementSummaryLocation: Milan, ItalyType: Full time