Liquidity Governance, AVP

Who we are looking for

The Global Liquidity Management (GLM) Group, within the Global Treasury organization, oversees State Street’s liquidity planning, monitoring, 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. 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 Assistant Vice President – Liquidity Governance, overseeing the groups regulatory, risk and controls.

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting‑edge solutions, that are straightforward and scalable.

You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

• Support the groups comprehensive governance, communication, and response strategy for regulatory, supervisory and internal oversight matters
• Lead gap assessments against regulatory expectations (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
• Employ strong knowledge, understanding and awareness of compliance and regulation, to advise, develop and evolve internal policies, procedures and processes to meet regulatory requirements
• Apply appropriate analysis and use sound judgement to make strategic and operational recommendations to meet regulatory compliance goals and objectives
• Track, Manage, and respond to both internal and external regulatory, compliance, Risk and Audit inquiries
• Ensure all policies, controls and procedures are adhered to and evidence is documented
• Support development and monitoring of liquidity metrics
• Foster an environment that promotes compliance, continuous improvement, appropriate and effective controls, self‑detection and remediation
• Develop deep understanding of liquidity management and its dependencies and partnership with groups across treasury, finance and risk.

• Ability to proactively resolve issues by working with other teams
• Independent worker that takes ownership of responsibilities and holds their work to a higher standard

• BA/BS degree in a related field (Finance, Economics, accounting etc.) M.Sc. preferred
• CFA and/or FRM preferred
• 5+ years of relevant experience in the financial services industry, with specific experience in Liquidity Management
• Knowledge of the banking regulatory environment (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
• Experience working with US 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
• Strong organizational and project management skills
• Must be detail‑oriented, well‑organized, innovative, and a self‑starter and team player with a high level of initiative

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,…