Who we are looking for
Global Liquidity Management (GLM) is part of the Global Treasury within the Finance organization with responsibility managing the firm’s liquidity risk. A primary focus of GLM is to analyze, measure, and report on the liquidity position and liquidity risk profile in order to ensure that State Street and its international entities can meet all contractual and contingent financial obligations through typical market cycles as well as periods of stress. Through meaningful, timely, transparent, multidimensional and globally harmonized measures, GLM provides key stakeholders the necessary transparency and understanding of the liquidity position, its risks and how liquidity can be affected and influenced.
As part of GLM, the Assistant Vice President of Position Management and Analytics (PMA) will be responsible for understanding and explaining business drivers, optimizing liquidity consumption, communicating the liquidity position to executive management analyzing, and the reporting of the position in management committees. This includes but is not limited to forecasting and position diagnostics including coordination of in depth analysis with the production team. This will be accomplished by understanding the liquidity position under business as usual as well as stressed scenarios and ensuring the appropriate governance is followed during decision making and planning.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As an Assistant Vice President of Position Management and Analytics you will
- Develop and communicate key analytics around our liquidity position including peer benchmarking
- Engage various stakeholders in liquidity trends, drivers and potential optimization opportunities
- Drive communication of key analyses to senior management and regulators
- Have an understating of the regulation and major drivers of LCR, NSFR and other key liquidity metrics
- Ensure methodology for forecasting cashflows is efficient and compliant with regulation
- Interact with internal stakeholders on annual metric review
- Ensure any liquidity metric changes or breaches are communicated and escalated appropriately
- Work closely with the second line of defense to respond to and remediate findings
What we value
These skills will help you succeed in this role
- Extensive knowledge of liquidity regulations and requirements
- Familiarity with Microsoft Office and key reporting tools (i.e. Spotfire)
- Strong written, verbal communication and time management skills
- Ability to proactively identify and resolve issues by working with other areas within Global Treasury and business lines
Education & Preferred Qualifications
- 5+ years of experience in treasury, strategy, consulting or related field
- Ability to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environment
- Experience in preparing presentations for executive management and regulators
- Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative
- Strong collaboration skills, working with business partners, risk functions, and corporate audit
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:
$80,000 - $132,500 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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