Global Treasury Balance Sheet & NII Forecasting , VP at State Street in Boston, Massachusetts

Job Description:

Who we are looking for

Asset Liability Management (ALM), a division of Global Treasury, is responsible for managing the corporate balance sheet, net interest income (NII) forecast and interest rate risk positioning. The team focuses on optimizing the risk/reward relationship by recommending strategies for sustaining and growing NII while being mindful of regulatory constraints. ALM routinely collaborates with other areas across Global Treasury, Finance, Risk and business units to operate within the risk appetite outlined by the Board of Directors.

The Vice President of the Balance Sheet and NII Forecast team will be working closely with key business partners to drive the company's balance sheet strategy. The candidate is responsible for leading a team to produce a NII forecast, communicating results, highlighting risks and providing insights for senior management.

Why this role is important to us

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.

What you will be responsible for

• With inputs from business units across the bank, produces a monthly balance sheet and NII forecast using Quantitative Risk Management (QRM)


• Identify and attribute key drivers of the balance sheet and NII forecast, reporting on key differences relative to prior iterations


• Provides analytical support to drive key balance sheet initiatives


• Develops and shares presentation materials for working groups and committee presentations


• Supports the quarterly earnings process through analyzing actual trends and providing insights into the outlook


• Takes an active role in the CCAR/stress testing process


• Responds in a timely and accurate manner to ad-hoc requests


• Provides feedback and coaching to drive employee development to a team of analysts


• Works closely with other team members across ALM, Treasury, Finance and business units

• 7+ years' experience in financial services, Treasury experience preferred


• Proven ability to solve problems and improve existing processes


• Ability to grasp new concepts in fast-paced environment


• Successfully collaborates across teams and works well independently


• Excellent verbal and written communication with the ability to create concise, professional and influential presentations


• Strong quantitative aptitude/skills


• Detail orientation


• Experience with Quantitative Risk Management (QRM) model preferred


• Minimum of Bachelor's degree, preferably in Economics, Finance or quantitative discipline

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:
$110,000 - $185,000 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.