Assistant Vice President: Stress Testing and Global Treasury Reporting at State Street in Boston, Massachusetts

Job Description:

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.

As part of ALM, the Assistant Vice President (AVP) of Stress Testing and Global Treasury Reporting will be responsible for supporting and developing analytics that cover all aspects of the firm's stress testing exercises that impact the balance sheet and NII. The candidate will collaborate with subject matter experts in the business lines as well as the oversight partners across the organization to analyze key findings, communicate impacts, and enhance our scenario analysis process.

What you will be responsible for

As a Stress Testing and Global Reporting AVP you will:

• Support all Comprehensive Capital and Analysis Review (CCAR) execution, presentations and analysis to senior management


• Drive scenario and sensitivity analysis for new quarterly stress testing initiative and firm-wide scenario execution


• Work closely with model developers and oversight partners on balance sheet model enhancements


• Play an important role in developing senior-level reporting and analysis across Global Treasury for use at the Asset Liability Committee


• Provide analytical support to drive key balance sheet initiatives


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

• 3-5+ 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


• Knowledge of financial markets and the banking regulatory environment


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


• Strong quantitative aptitude/skills


• Experience with QRM modeling and production preferred


• Advanced Excel and Power Point


• 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:
$80,000 - $132,500 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.