Head of Internal Liquidity Stress Testing, Managing Director

State Street Corporation • Charlotte, NC

440d • $170,000 - $267,500

About The Position

The Head of Internal Liquidity Stress Testing at State Street is a leadership role within the Global Treasury, responsible for overseeing the Liquidity Stress Testing team. The position involves developing methodologies for liquidity stress testing under various scenarios, collaborating with senior leaders and subject matter experts, and making recommendations to management on liquidity methodologies. The role requires effective communication and coordination across corporate and business functions to enhance liquidity management practices.

Requirements

• BA/BS degree in a related field (Finance, Economics, Business Administration, Accounting, Information Systems).
• More than 10 years of relevant experience in the financial services industry, specifically in Internal Liquidity Stress Testing within a large bank.
• Knowledge of financial markets and the banking regulatory environment.
• Extensive experience working with US regulators, particularly in the liquidity space.
• Demonstrated track record of financial analytics, modelling, and quantitatively supporting management decision-making.
• Strong written, verbal communication, and time management skills.
• Ability to multi-task, manage priorities, and delegate team tasks while maintaining focus on priorities and meeting deadlines.

Nice To Haves

• Experience in preparing presentations for executive management and regulators.

Responsibilities

• Lead the development of liquidity methodologies for products in select business lines.
• Oversee the maintenance and enhancements to the liquidity stress test methodologies, including documentation for Model Validation, Audit, and Resolution and Recovery Plan submissions.
• Articulate the drivers of the liquidity stress test drivers to senior stakeholders in management and at regulatory bodies.
• Manage coordination of corporate-wide assumptions rollout to international colleagues.
• Lead coordination of methodology for implementation into Resolution and Recovery Planning exercises.
• Lead presentations of liquidity methodology and results to relevant working groups and senior management.
• Provide high-level guidance and oversight to colleagues in the Bangalore office responsible for daily production of liquidity results.
• Lead ad hoc assignments in support of liquidity management.

Benefits

• Generous medical care, insurance, and savings plans.
• Flexible Work Programs to help match personal needs.
• Development programs and educational support to reach full potential.
• Paid volunteer days and matching gift programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree