Compensation Overview

The Liquidity Risk VP position is a senior role within the SSGA Enterprise Risk Team (ERM).  The candidate will take on a leadership role providing liquidity risk oversight across asset classes and investment styles, with a specific emphasis on private markets.

The ideal candidate will have the ability to influence and engage senior stakeholders, as well as to adapt to rapidly changing market events with a liquidity risk implication.  The candidate will need the ability to organize both qualitative and quantitative information in a meaningful way to develop and implement plans to mitigate liquidity risks to SSGA’s clients and funds.

This position also requires the ability to grasp complex concepts coupled with a solid understanding of private markets (private credit and private equity), corresponding valuation, risk measurement and analytics, quantitative modeling, and risk management techniques. The role involves interactions with SSGA teams globally, including portfolio management, product management, technology teams, legal, and operations, depending on the task at hand. The position also involves interaction with senior management, and ability to effectively communicate, in both written and verbal form, complex analytical processes and concepts.

The individual will be expected to independently suggest methodologies for improving portfolio liquidity risk analytics, examining liquidity risk issues and responding to ad-hoc requests from various business groups and senior management, and also undertake unsupervised research on areas of liquidity risk management. The individual will also be responsible for the maintenance and enhancement of current risk management processes and to assists with the design and implementation of policies, procedures and processes for the liquidity risk program.

The ideal candidate will drive a risk-aware culture throughout the organization by challenging the status quo and providing objective thought leadership to our organization and the industry.

QUALIFICATIONS, SKILLS AND EXPERIENCE:

• 8-10 years of relevant investment and/or liquidity risk experience in a financial services organization, buy-side experience is preferred

• Bachelor’s degree in finance, economics, mathematics or business-related field, or equivalent experience; further education such as post-graduate degrees in a relevant discipline, CFA or FRM is ideal.

• Prior experience with standard buy-side risk systems (e.g., MSCI BarraOne, Bloomberg PORT, GX truView), SQL database and data visualization tools (e.g., Tableau) is desired

• Proficiency in Microsoft Excel, PowerPoint and Word

• A clear understanding of liquidity risk management concepts, techniques and regulatory framework (UCITS, AIFMD, SEC Derivatives Rules etc.)

• Deep understanding of financial markets including private markets, passion for investment management and a good grasp of investment products, especially mutual funds and ETFs

• A deep knowledge of market and liquidity risk drivers and the potential mitigates, as well as of key regulatory liquidity risk frameworks globally

• Experience engaging with senior business leaders, fund company boards and regulators

• Excellent presentation skills

• Analysis including stress testing process development and implementation

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.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

$110,000 - $185,000 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.

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.

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