Liquidity Implementation, VP

State Street • Boston, MA

38d

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 a Vice President of Liquidity Implementation to join GLM reporting to the Managing Director, Liquidity Implementation What you will be responsible for: 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 What we value 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

Requirements

• BA/BS degree in quantitative field or related field. M.Sc. preferred
• 8+ 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
• Experience with Axiom and Collibra
• 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
• 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

Nice To Haves

• BA/BS degree in quantitative field or related field. M.Sc. preferred

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees