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State Street

Liquidity Management Specialist, AVP

State Street, Boston, Massachusetts, us, 02298


Global Liquidity Management (GLM)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 forAs part of GLM, the Assistant Vice President in Position Management Analytics (PMA) will be largely responsible for the analysis and coordination of State Street’s liquidity risk profile for the New Product and Business review process. 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, etc. on the implementation of new products. In order to provide in-depth analysis of results, the candidate will work closely with liquidity subject matter experts and will need to have an understanding of business drivers and their impact to liquidity metrics in order to communicate the liquidity costs, benefits and risks to business product sponsors, 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 other ad hoc projects that arise within the team.What you will be responsible forManage the New Product approval process from a liquidity perspectiveDevelop and communicate liquidity risk assessments of new products or businessesProject liquidity impacts to the firm’s balance sheet and risk profile along with any other factors that impact regulatory requirements, collateral management and currency exposure as well as a quantitative assessment under both business-as-usual and stressed conditionsWork closely with subject matter experts and the second line of defense to quantify how potential new products fall under the firm’s liquidity risk guidelines and identify any unanticipated liquidity risks throughout the life of the productCollaborate with business unit sponsors, and data teams to ensure correct reporting for potential new productsEngage various stakeholders in liquidity trends, drivers and potential optimization opportunitiesCollaborate with other GLM pillar leads to ensure data accuracy, transparency of changes to the liquidity frameworkCommunicate with senior management to provide updates and analysis on the liquidity positionManage communications with US regulators and respond to regulatory requestsSupport Recovery and Resolution Planning effortsSupport ad hoc projectsEducation & Preferred QualificationsBA/BS degree in a related field (Finance, Economics, Business Administration, Accounting)3-5+ years of experience in treasury, strategy, consulting or related fieldStrong written, verbal communication and time management skillsAbility to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environmentAbility to proactively identify and resolve issues by working with other areas within Global Treasury and Business LinesExperience in preparing presentations for executive managementMust be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiativeAre 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 fulfill 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 StreetWhat 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:$80,000 - $132,500 AnnualThe 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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