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State Street

Holds assets for institutions and runs index funds

Global Treasury Audit Vice President

Internal Audit & ControlsConfirmed live in the last 24 hours
Full-timeIn-person

About the Job

Requirements

  • At least 10 years of experience in internal audit, risk management, Treasury, Asset Liability Management, balance sheet management, or related financial services roles.
  • Experience with Net Interest Income and Economic Value of Equity sensitivity, Interest Rate Risk in the Banking Book frameworks, deposit modeling, behavioral assumptions, stress testing, and governance.
  • Strong written and verbal communication skills, including the ability to communicate complex Treasury risk topics clearly to senior management, audit leadership, and regulators.
  • Demonstrated ability to lead complex audits, reviews, risk assessments, or independent challenge activities.
  • A CPA, CIA, CFA, or other relevant professional certification is required.
  • An advanced degree in Finance, Accounting, Economics, Business, Risk Management, or a related field is required.

Responsibilities

  • Provide technical challenge and guidance as a Treasury subject matter leader within Corporate Audit on Interest Rate Risk, Asset Liability Management, and funding-related audits.
  • Assess the design and operating effectiveness of controls over Interest Rate Risk in the Banking Book, including governance, risk measurement, assumptions, scenario design, model inputs and outputs, management reporting, limit monitoring, and escalation practices.
  • Evaluate Asset Liability Management practices, including balance sheet positioning, funding strategy, deposit behavior assumptions, investment portfolio strategy, hedging activity, and alignment with risk appetite and governance expectations.
  • Review management’s use of key Interest Rate Risk and Asset Liability Management metrics, including Net Interest Income sensitivity, Economic Value of Equity sensitivity, duration, convexity, earnings-at-risk, and related risk appetite measures.
  • Challenge the completeness, accuracy, and appropriateness of Treasury reporting provided to management committees, the Asset Liability Committee, senior management, and the Board.
  • Coach and develop audit team members on Treasury risk concepts, including Interest Rate Risk measurement, Asset Liability Management governance, regulatory expectations, and the linkage between Treasury processes, controls, and financial risk outcomes.
  • Stay abreast of industry matters and apply applicable new developments in audit projects.

About the Company

State Street

Holds assets for institutions and runs index funds

State Street holds and services investments for pension funds, insurers, fund companies, and other large institutions, and it also runs index funds through State Street Investment Management. It launched the first US-listed exchange-traded fund, the SPDR S&P 500 ETF Trust, in 1993, and in 1924 it became custodian of the first US mutual fund. As a custody bank, it safekeeps clients' stocks and bonds, completes their trades, calculates what their funds are worth, and lends their securities to other investors. It earns fees on the assets it services and manages, plus income from currency trading and from interest on client cash. State Street traces its roots to a bank chartered in 1792 and is based in Boston, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Boston, MA
Founded
1792

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