Liquidity Implementation, VP

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Description

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 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

Education & Preferred Qualifications

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

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 :

$115,000 - $190,000 Annual

The 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 Street

Across 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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Job Application Disclosure :

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.

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