Liquidity Governance, Vice President

State Street•New York, NY

About The Position

The Global Liquidity Management (GLM) Group, within the Global Treasury organization, oversees State Street’s liquidity planning, monitoring, analytics, and regulatory reporting globally. The group manages regulatory ratios such as the LCR, NSFR as well as the liquidity buffer requirements resulting from its Internal Liquidity Stress testing (ILST) and Recovery and Resolution planning (RRP) framework. The group is also responsible for ensuring compliance with all regulatory reporting requirements such as the daily FR2052a and associated public disclosures. We work collaboratively with the Global Treasury Risk Management (GTRM) function to ensure we are managing liquidity within firm policies, limits and risk tolerance while meeting regulatory expectations promulgated by the Federal Reserve, the FDIC and other regulators globally. We are looking for a Vice President –Liquidity Governance, overseeing the groups regulatory, risk and controls.

Requirements

BA/BS degree in a related field (Finance, Economics, accounting etc.)
8+ years of relevant experience in the financial services industry, with specific experience in Liquidity Management
Strong Knowledge of the banking regulatory environment (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
Extensive experience working with US regulators, particularly in the liquidity space
Strong written, verbal communication and time management skills
Ability to multi-task, manage priorities, delegate team tasks while maintaining focus on priorities and meet deadlines in a demanding and deadline-oriented environment
Strong organizational and project management skills
Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative

Nice To Haves

M.Sc. preferred
CFA and/or FRM preferred

Responsibilities

Coordinate the groups comprehensive governance, communication, and response strategy for regulatory, supervisory and internal oversight matters
Lead gap assessments against regulatory expectations (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
Employ strong knowledge, understanding and awareness of compliance and regulation, to advise, develop and evolve internal policies, procedures and processes to meet regulatory requirements
Apply appropriate analysis and use sound judgement to make strategic and operational recommendations to meet regulatory compliance goals and objectives
Track, Manage, and respond to both internal and external regulatory, compliance, Risk and Audit inquiries
Ensure all policies, controls and procedures are adhered to and evidence is documented
Support the execution of the Material Liquidity Risk Identification and New Business Product Review process
Foster an environment that promotes compliance, continuous improvement, appropriate and effective controls, self-detection and remediation
Develop deep understanding of liquidity management and its dependencies and partnership with groups across treasury, finance and risk.

Benefits

our 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 (excluding certain sales roles subject to sales incentive plans)
eligibility for certain tax advantaged savings plans
inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks