Financial Resource Management Analyst, Officer
Who we are looking for
State Street Markets (“SSM”) is looking for an Officer to join the SSM Risk and FRM team in Boston. The team manages Credit, Market, and Model Risk as the First Line of Defense across SSM’s business units, including Financing Solutions, FX Sales & Trading, Portfolio Solutions, and Global Link. Additionally, the team performs Financial Resource Management, covering allocation, monitoring, and optimization of capital, funding, and liquidity.
Why this role is important to us
The FRM team is responsible for managing and optimizing the first line risk and regulatory exposures across the Markets products. The team facilitates continued business and revenue growth by optimizing programs under Basel III capital and liquidity regulations along with other firm-wide resource constraints. This Officer role will be responsible for supporting management in tasks such as developing, producing and monitoring regulatory exposures, resource forecasting and communicating regulatory impacts to senior management. A significant degree of autonomy, including making careful decisions and coordinating with groups across the organization, is a requirement. The role is located in Boston, with a minimum of 4 days per week in the office.

What you will be responsible for

• Collaborate with the Corporate and SSBI Finance teams (Capital Planning, Balance Sheet Strategy, Stress Testing, BU Finance, and Liquidity Management) to enhance analysis, forecasts and minimize capital, balance sheet and liquidity exposures
• Work with senior analysts to develop and produce Basel III, Capital and Liquidity Stress Tests and other regulatory exposures
• Create and update senior management reporting and forecasting to communicate capital and liquidity internal targets/requirements and help optimize resources to clients
• Liase with the Recovery and Resolution Planning “RRP” teams to streamline and enhance annual RRP assumptions, deliverables and playbooks for all Markets business lines
• Work closely with Global Treasury and Enterprise Risk Management (ERM) to ensure regulatory exposures accurately reflect the Financing Solutions and Foreign Exchange business models
• Ad Hoc projects that include: creation of new reporting, data analysis, creating Python code, etc.
• Provide and present written analyses, commentary, reports and slides to management in order to effectively communicate the business units’ resource impact on State Street’s short-term and long-term Revenue, ROE and EPS goals

What we value

These skills will help you succeed in this role

• High level of competency in Excel; Experience in Python preferred
• Strong communication (written and oral) and interpersonal skills
• Ability to work both independently and as a member of a team
• Strong problem solving and analytical skills, experience in data mining and reporting extremely useful
• Capable of multi-tasking and working in a fast paced trading environment
• Ability to drive collaboration and influence teams to achieve effective outcomes / solutions

Education & Preferred Qualifications

• Bachelor’s degree in business, finance, economics, computer science or related field
• Minimum 1-3 years’ experience in a relevant role

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:
$70,000 - $115,000 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.
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

What you will be responsible for

• Collaborate with the Corporate and SSBI Finance teams (Capital Planning, Balance Sheet Strategy, Stress Testing, BU Finance, and Liquidity Management) to enhance analysis, forecasts and minimize capital, balance sheet and liquidity exposures
• Work with senior analysts to develop and produce Basel III, Capital and Liquidity Stress Tests and other regulatory exposures
• Create and update senior management reporting and forecasting to communicate capital and liquidity internal targets/requirements and help optimize resources to clients
• Liase with the Recovery and Resolution Planning “RRP” teams to streamline and enhance annual RRP assumptions, deliverables and playbooks for all Markets business lines
• Work closely with Global Treasury and Enterprise Risk Management (ERM) to ensure regulatory exposures accurately reflect the Financing Solutions and Foreign Exchange business models
• Ad Hoc projects that include: creation of new reporting, data analysis, creating Python code, etc.
• Provide and present written analyses, commentary, reports and slides to management in order to effectively communicate the business units’ resource impact on State Street’s short-term and long-term Revenue, ROE and EPS goal

These skills will help you succeed in this role

• High level of competency in Excel; Experience in Python preferred
• Strong communication (written and oral) and interpersonal skills
• Ability to work both independently and as a member of a team
• Strong problem solving and analytical skills, experience in data mining and reporting extremely useful
• Capable of multi-tasking and working in a fast paced trading environment
• Ability to drive collaboration and influence teams to achieve effective outcomes / solution