Full-Time

Liquidity Governance Lead

VP

Posted on 10/8/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$135k - $210kAnnually

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Category
Treasury
Finance & Banking
Requirements
  • BA/BS degree in a related field (Finance, Economics, accounting etc.) M.Sc. preferred
  • CFA and/or FRM preferred
  • 8+ years of relevant experience in the financial services industry, with specific experience in Liquidity Management
  • Strong Knowledge of the banking regulatory environment (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
  • Extensive experience working with US regulators, particularly in the liquidity space
  • Strong written, verbal communication and time management skills
  • Ability to multi-task, manage priorities, delegate team tasks while maintaining focus on priorities and meet deadlines in a demanding and deadline-oriented environment
  • Strong organizational and project management skills
  • Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative
Responsibilities
  • Establish the groups comprehensive governance, communication, and response strategy for regulatory, supervisory and internal oversight matters
  • Lead gap assessments against regulatory expectations (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
  • Employ strong knowledge, understanding and awareness of compliance and regulation, to advise, develop and evolve internal policies, procedures and processes to meet regulatory requirements
  • Apply appropriate analysis and use sound judgement to make strategic and operational recommendations to meet regulatory compliance goals and objectives
  • Track, Manage, and respond to both internal and external regulatory, compliance, Risk and Audit inquiries
  • Frame formal responses with detailed documentation and evidence to close out any open issues
  • Ensure all policies, controls and procedures are adhered to and evidence is documented
  • Support the execution of the Material Liquidity Risk Identification process
  • Foster an environment that promotes compliance, continuous improvement, appropriate and effective controls, self-detection and remediation
  • Develop deep understanding of liquidity management and its dependencies and partnership with groups across treasury, finance and risk.

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street benefits from the growing demand for ESG-integrated investment strategies.
  • The rise of digital assets offers new growth opportunities for State Street's custody services.
  • Expansion in passive investing and ETFs provides market share opportunities for State Street.

What critics are saying

  • Increased competition from firms like BlackRock and Vanguard may impact State Street's growth.
  • Geopolitical tensions in expansion regions could affect State Street's operations and profitability.
  • The rise of fintech companies poses a threat to State Street's traditional business model.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to diversity and inclusion in its operations and leadership.
  • State Street leverages advanced technologies for data analytics and investment management.

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