Liquidity Management Specialist, AVP (M/F/D)

at  State Street

Who we are looking for
A part of the Global Treasury team the role primarily supports the execution and ongoing enhancement of State Street Bank International’s liquidity management framework and related regulatory obligations. This involves engaging with multiple stakeholders across various business units, partnering with the second line of defence risk function and related governance forums. There will be a particular focus on liquidity stress testing design, methodology and implementation, also incorporating a broader stewardship of the State Street group intraday liquidity framework.

The major responsibilities include:

• First line of defence role overseeing the continuous review of key liquidity and balance sheet metrics
• Responsible for driving the execution of the local intraday liquidity framework, implementing and supporting State Street Group methodology and execution
• Support liquidity stress testing including methodology design, modelling and analysis related to all liquidity risks. Develop contingency funding plans accordingly
• Support the production of policies, guidelines, and procedures ensuring compliance with industry best practice and internal/regulatory requirements
• Proactive production of liquidity analyses for tactical and strategic business decisions
• Working with I.T partners develop tools for improving liquidity management

Other responsibilities include:

• Support recovery and resolution planning
• Participating and contributing to projects related to Global Treasury initiatives

Candidates should have the following characteristics:

• Excellent analytical skills and good knowledge of financial markets, settlement infrastructures and transactional life cycles
• Exhibit a high level of flexibility towards undertaking additional responsibilities as required to contribute to the overall team’s success
• Detail-oriented and ability to work in a fast-paced, evolving environment
• Excellent Excel spreadsheet skills (coding skills are an additional benefit)
• Capacity to learn new technologies/systems.
• Professional, dependable and exhibit a high level of integrity.
• Strong communication skills and ability to work effectively with people at various levels of the organization.

Requirements:

• Bachelor’s degree in Finance, Economics or a related field
• 5-7 Years of experience in banking, financial services with some exposure to liquidity risk management in either a first or second line role

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/career

The major responsibilities include:

• First line of defence role overseeing the continuous review of key liquidity and balance sheet metrics
• Responsible for driving the execution of the local intraday liquidity framework, implementing and supporting State Street Group methodology and execution
• Support liquidity stress testing including methodology design, modelling and analysis related to all liquidity risks. Develop contingency funding plans accordingly
• Support the production of policies, guidelines, and procedures ensuring compliance with industry best practice and internal/regulatory requirements
• Proactive production of liquidity analyses for tactical and strategic business decisions
• Working with I.T partners develop tools for improving liquidity managemen

Other responsibilities include:

• Support recovery and resolution planning
• Participating and contributing to projects related to Global Treasury initiative