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Liquidity Management Specialist, Assistant Vice President

State Street
United Statesfull_timeVerifiedPosted 22 Aug 2024
💰 $132,500/yr($80,000/yr$132,500/yr)

About the role

Who we are looking for

As part of Global Treasury, the candidate will assume an important role within the Liquidity Stress Testing team, supporting development of liquidity stress testing methodologies under various stress scenarios. This includes collaboration with subject matter experts in the business lines, defining scenario narratives and macroeconomic factors, and developing a methodology that tests the liquidity risks associated with each business. Furthermore, the candidate will provide critical support for reporting liquidity position results to management and the regulators, as well as maintain technical documentation for various governance bodies. Moreover, the candidate will regularly collaborate with State Street’s senior leaders across corporate and business functions to make recommendations on the liquidity methodology to management. She or he is expected to work closely with all internal stakeholders and team members to expand and improve upon coordination, communication, methodology, and reporting across Global Liquidity Management.

What you will be responsible for

As a liquidity management specialist, you will:

  • Support the development of liquidity methodologies for products in the business lines while effectively collaborating with senior leadership, treasury quantitative analytics, and other key stakeholders
  • Maintain and enhance the liquidity stress test methodology, including documentation for Model Validation, Audit, and Resolution and Recovery Plan submissions
  • Articulate the drivers of the liquidity stress test drivers to management and proactively identify future enhancements in liquidity methodology
  • Manage coordination of corporate-wide assumptions rollout to international colleagues, while demonstrating proficiency in the corporate model
  • Lead coordination of methodology for implementation into Resolution and Recovery Planning exercises and serve as centralized coordination contact for Liquidity function
  • Prepare and present presentations of liquidity methodology and results to relevant working groups and senior management
  • Provide mentorship to colleagues in Bangalore in diagnosing daily liquidity results
  • Participate in the completion of ad hoc assignments in support of liquidity management

What we value

These skills will help you succeed in this role:

  • Effective communicator with a consultative style. Being a trusted advisor
  • Strong critical thinker with the ability to take complex information and clearly articulate it to management
  • Independent worker that takes ownership of responsibilities and holds their work to a higher standard 
  • Team player with a great work ethic and positive attitude

Education & Preferred Qualifications

  • BA/BS degree in a related field (Finance, Economics, Business Administration, Accounting, Information Systems)
  • 3-5+ years of experience in the financial services industry
  • Knowledge of financial markets and the banking regulatory environment
  • Basic knowledge in programming or experience with collaborating with programmers – especially  experience with clear definition of implementation requirements
  • Strong written, verbal communication and time management skills
  • Ability to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environment
  • Ability to proactively resolve issues by working with other teams
  • Experience in preparing presentations for executive management and regulators
  • Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative
  • Advanced Excel and Power Point skills
  • Familiarity with banking or business intelligence tools a plus (e.g., Spotfire, Python)

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 & anal

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Company

State Street

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