Assistant Vice President: Stress Testing and Global Treasury Reporting (Finance)
Asset Liability Management (ALM), a division of Global Treasury, is responsible for managing the corporate balance sheet, net interest income (NII) forecast and interest rate risk positioning. The team focuses on optimizing the risk/reward relationship by recommending strategies for sustaining and growing NII while being mindful of regulatory constraints. ALM routinely collaborates with other areas across Global Treasury, Finance, Risk and business units to operate within the risk appetite outlined by the Board of Directors.
As part of ALM, the Assistant Vice President (AVP) will be responsible for supporting and developing analytics that cover all aspects of the firm's stress testing exercises that impact the balance sheet and NII. The candidate will collaborate with subject matter experts in the business lines as well as oversight partners across the organization to analyze key findings, communicate impacts, and enhance our scenario analysis process.
What you will be responsible for
As a Stress Testing and Global Reporting AVP you will:
- Produce and analyze Comprehensive Capital and Analysis Review (CCAR) execution, presentations and analysis to senior management for balance sheet and NII
- Support our internal, quarterly stress testing initiative and firm-wide scenario execution for balance sheet and NII
- Develops and shares presentation materials for business units, working groups and committee presentations
- Work closely with model developers and oversight partners on balance sheet model enhancements and redevelopment
- Provide analytical support to drive key balance sheet initiatives
- Provides administrative support for the Asset Liability Committee (ALCO) and its subcommittees
- Respond in a timely and accurate manner to ad-hoc requests
Education & Preferred Qualifications
- 2-5+ years' experience in financial services, Treasury experience preferred
- Proven ability to solve problems and improve existing processes
- Successfully collaborates across teams and works well independently
- Knowledge of financial markets and the regulatory environment
- Strong quantitative aptitude/skills
- Experience with QRM modeling and production, preferred
- Advanced Excel and Power Point
- Minimum of Bachelor's degree, preferably in Economics, Finance or quantitative discipline
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:
$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.
Salary Minimum: 80000Salary Maximum: 132500