Liquidity Implementation, AVP

State Street•Boston, MA

40d•$80,000 - $132,500

About The Position

The Global Liquidity Management (GLM) Group, within the Global Treasury organization, oversees State Street’s liquidity planning, monitoring, methodologies, 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 (RLAP/RLEN). The group is also responsible for ensuring compliance with all regulatory reporting requirement 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 an Assistant Vice President, Liquidity Implementation to join GLM reporting to the Managing Director, Liquidity Implementation

Requirements

Thoughtful leader capable of setting priorities for the team
Team management skills, delegation and motivational attitude are essential to success
Analytical thinker capable of breaking down complex problems into measurable parts
Ability to proactively resolve issues by working with other teams
Strong writing abilities and comfort drafting and reviewing procedures and policies
Experience in preparing presentations for executive management and regulators
Independent worker that takes ownership of responsibilities and holds their work to a higher standard
BA/BS degree in quantitative field or related field. M.Sc. preferred
5+ years of relevant experience in the financial services industry, with specific experience in Liquidity Management and Data within a large bank
Deep knowledge of LCR, NSFR and FR2052a reporting requirements
Deep knowledge of Regulation YY requirements
Experience with Financial Systems and Data
Deep Knowledge of IT infrastructure and application development
Deep knowledge of on premise or cloud databases and business intelligence
Knowledge of financial markets and the banking regulatory environment
Extensive experience working with 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
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
Experience with Axiom and Collibra

Responsibilities

End-to-end delivery of key regulatory reports such as the FR2052a and internal liquidity reports inclusive of ILST, RLAP and RLEN
End to end implementation of business requirements inclusive of User Acceptance Testing to validate implementation against business needs
Develop governance and implement controls ensuring timely, complete and accurate regulatory reporting
Daily fillings of the FR2052a reporting
Collaborate closely with technology and data teams to ensure reporting solutions are scalable, sustainable, and aligned to our GLM priorities.
Participate in vision for the integration of our liquidity reporting infrastructure with our Methodology and Analytics group mandate, inclusive of model implementation and building analytical capabilities
Design and development of our next generation liquidity calculation engine

Benefits

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: 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); and, eligibility for certain tax advantaged savings plans.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume