Global Treasury Risk Management (GTRM), a team within State Street’s Enterprise Risk Management (ERM) department, is looking for an experienced treasury risk professional. The primary focus for the position will be the independent risk oversight and assessment of State Street’s balance sheet risks.

GLOBAL TREASURY RISK MANAGEMENT OVERSIGHT

Banking is a risk-taking business. The goal of ERM is to ensure that State Street’s risks are proactively identified, well-understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks arising from the provision of products and services to our clients. GTRM acts as the business-aligned risk function focused on these responsibilities for the activities of the Global Treasury (GT) department. GT core functions include managing the investment portfolio, asset-liability risk, liquidity risk, funding and liability pricing, capital structure, and rating agency relationships.

GTRM plays a critical role in the overall success of the organization. State Street investors and clients rely on State Street to ensure the risks of State Street are appropriately managed. Our team is responsible for identify, analyzing, monitoring key financial risks of State Street including liquidity risk, interest rate risk, and mark-to-market risk.

POSITION PRIMARY DUTIES AND RESPONSIBILITIES

The Treasury Risk Manager, Officer within GTRM will focus on balance sheet risk management. This individual should have experience within a banking organization and possess good verbal and written communication skills for interactions within GTRM as well as with internal and external stakeholders including global business partners. 

The primary responsibility of the team is to provide support on special projects, including review, oversight and data analysis to support key strategic Global Treasury business initiatives. The candidate will collaborate with GTRM colleagues, GT business partners and with other relevant areas of the bank to assess market events and regulatory changes impact on liquidity risk, capital risk, interest rate risk and mark-to-market risk.

Additional duties and responsibilities include:

Support projects with high-impact on company resultsAssist in independent reviews of the risk management frameworkAssist in enhancement and periodic calibration of risk limits, guidelines and policies, as needed.Support and enhance the assessment, monitoring and reporting of treasury risks, and compliance with requirementsProvide support on Treasury Risk reporting activities.Ensure appropriate reporting and governance exists to communicate relevant risk information to senior managementSuggest and implement improvements to current reporting process.

QUALIFICATIONS, SKILLS, AND EXPERIENCE

3-4 years of experience in a banking organization, ideally within a major bankBachelor’s degree in economics, finance, or other related field requiredMaster’s degree in economics, finance, or other related field, with quantitative background a plusAnalytical background and good knowledge of quantitative methods applied to financeAbility to manage large amounts of data to perform complex quantitative and qualitative analysesGood understanding of financial instruments and the balance sheet of a global bankExperience with liquidity or capital risk at a banking organization a plusSelf-starter with willingness to work in a fast-paced, high-energy level environmentIndependent and critical thinking skills and strong financial acumenTeam player with unquestionable integrity and ethical standardsStrong work ethic and highly organized to manage multiple deliverablesEffective verbal and written communication skillsProficiency in Excel and other MS applications

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

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