Liquidity Position Management Analytics, VP

Boston, MA, United States

GLM is part of the Global Treasury 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.

Who we are looking for

As part of GLM, the Vice President of Position Management Analytics (PMA) will be responsible for overseeing the daily liquidity management framework and communication of the results. Responsibilities will include the review and articulation of key liquidity metrics including the Liquidity Coverage Ratio, Net Stable Funding Requirement and Internal Liquidity Stress Testing. In order provide in depth analysis of results the candidate will need to have an understanding of business drivers and their impact to liquidity metrics in order to communicate the liquidity position to executive management and other stakeholders including position diagnostics. This includes working closely with the Liquidity Production team in order to perform in depth analysis of the drivers of changes to the liquidity metrics and communication of the liquidity position to management, governance committees and external regulators. Other responsibilities include the development and maintenance of key liquidity framework policies and guidelines, coordination of regular liquidity capabilities testing and management of the liquidity position management team.

What you will be responsible for

Manage the liquidity position in accordance with the firm’s risk appetite tolerance

Develop and communicate key analytics around our liquidity position including peer benchmarking

Review daily liquidity metrics and provide analysis of key drivers.

Engage various stakeholders in liquidity trends, drivers and potential optimization opportunities

Manage the review and finalization of the Daily Global Liquidity Update (DGLU)

Collaborate with other GLM pillar leads to ensure data accuracy, transparency of changes to the liquidity framework

Communicate with senior management to provide updates and analysis on the liquidity position

Manage communications with US regulators and respond to regulatory requests

Provide thought leadership on liquidity framework enhancements

Work close with the second line of defense to respond to and remediate findings

Interact with internal stakeholders on annual metric review

Ensure any liquidity metric changes or breaches are communicated and escalated appropriately

Review the liquidity impact of new business proposals

Support Recovery and Resolution Planning efforts

Education & Preferred Qualifications

BA/BS degree in a related field (Finance, Economics, Business Administration, Accounting,)

7 years of experience in treasury, strategy, consulting or related field

Prior experience working with banking regulators/regulation,

Strong written, verbal communication and time management skills

Ability to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environment

Ability to proactively identify and resolve issues by working with other areas within Global Treasury and Business Lines

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

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.

Salary Range:

$100,000 - $167,500 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.

For further information, and to apply, please visit our website via the “Apply” button below.

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