Asset & Liability Management Analyst-Officer
About The Position
State Street operates one of the larger Agency Securities Lending programs in the industry with a robust global footprint. The lending program includes loans across a wide range of asset classes, lender institutions, borrowers, and collateral types. The Asset & Liability Management (ALM) team plays a crucial role in managing the inflows and outflows of cash collateral and the impacts on liquidity within the reinvestment program. ALM team members must build and maintain relationships across Securities Finance and its business partners to define, prioritize, and create the requisite transparency and risk excellence. The Asset & Liability Management Officer will be part of a dynamic and fast-paced work environment within the Front Office Risk Management team. A significant degree of autonomy, including making careful decisions that impact other Securities Finance groups, is a requirement.
Requirements
- Bachelor’s degree in finance, economics, or related field.
- 1-3 years of experience in capital markets and/or liquidity risk management.
- Experience performing detail-oriented tasks under time constraints.
- Effective oral and written communication to varied audiences is required.
Nice To Haves
- Professional designations (CFA, FRM) or candidacies are strong plusses.
- Working knowledge of short-term fixed income and repo markets preferred.
- Detailed understanding of global Securities Lending markets is a strong plus.
- SQL, MATLAB and/or Python experience is a strong plus.
Responsibilities
- Work directly with Securities Finance trading desks and SSIM portfolio managers to maintain optimal cash collateral investment vehicle liquidity levels.
- Collaborate with Securities Finance Operations and Relationship Management teams to monitor client activity and impacts to on-loan balances.
- Facilitate communication flow with trading desks, collateral managers and senior management around program balances and collateral account liquidity.
- Assist in the revenue forecasting and reporting process by developing an understanding of the impact of spread, balances, seasonality, and interest rate scenarios on the expected revenue stream.
- Develop, maintain, and review reporting for both asset and liability measurements including liquidity, maturity schedules, lending availability, and rate spreads.
Benefits
- competitive and comprehensive benefits packages
- generous medical care
- insurance
- savings plans
- flexible Work Programs
- development programs
- educational support
- retirement savings plan (401K) with company match
- insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- access to our Employee Assistance Program
- incentive compensation including eligibility for annual performance-based awards
- eligibility for certain tax advantaged savings plans
- paid volunteer days
- matching gift programs
- access to employee networks
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
