Who we are looking for
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 requirements, such as the daily FR2052a and associated public disclosures, in alignment with Regulation WW, liquidity-relevant sections of Regulation YY and Regulation QQ, SR 11-7 MRM requirements and Basel Risk Data Aggregation principles (BCBS 239). 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. The Liquidity Implementation team is responsible for overseeing the development and implementation of liquidity solutions to support Treasury, Finance and Businesses execute these requirements in an automated, well-controlled and repeatable manner via application deployment.
What you will be responsible for
Design and architect the vision of a new, bottoms-up liquidity reporting infrastructure to support broader GLM and Treasury mandate, inclusive of model implementation, reporting user interfaces and building analytical capabilities
Design and development of our next generation liquidity calculation engine
Supporting end-to-end implementation of business requirements, inclusive of User Acceptance Testing to validate implementation against business needs
Developing processes and controls ensuring timely, complete and accurate outputs aligned with internal and external requirements
Collaborating closely with technology and data teams to ensure reporting solutions are scalable, sustainable, and aligned to GLM priorities
Driving change through collaboration, influence, and demonstration of POC’s
Collaboration with business and IT leaders, and other stakeholders to execute data governance best practices
What we value
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
Proficiency as a member of a high performing technical team
Ability to drive ideas from concept to execution
Industry insights to improve the technology maturity of the group
Strong knowledge of data usage and end to end data management and governance
Experience with cross-product, cross-region project integration and collaboration
Ability to multi-task, manage priorities, delegate team tasks, while maintaining focus on priorities and meeting deadlines
Detail-oriented, well-organized, innovative, self-starter and team player with a high level of initiative
Education & Preferred Qualifications
BA/BS degree in quantitative field or related field. M.Sc. preferred
8+ years of relevant experience in the application development and/or financial services industry, with specific experience in Liquidity Management and Data within a large bank preferred
Coding experience in SQL and Python required; JQL, Scala, Node.JS, Java, Rust preferred
Experience with JIRA, Collibra, Spark, Databricks, Snowflake, PowerBI development, Tableau development platforms; REST architecture principles
Preferred experience with or certifications pertaining to PMP, Scrum/Agile, Lean Six Sigma preferred
Preferred knowledge of LCR, NSFR and FR2052a reporting requirements and more broadly, Regulation YY, WW, QQ expectations
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$110,000 - $207,500 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
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.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State StreetAcross the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
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It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.