What are the responsibilities and job description for the Treasury Balance Sheet Analyst, AVP position at State Street?
Who We Are Looking For
Asset Liability Management (ALM), a division of Global Treasury, is responsible for managing the corporate balance sheet strategy, the net interest income (NII) forecast and our interest rate risk positioning and analysis. The team focuses on optimizing the risk/reward relationship by recommending strategies for sustaining and growing NII while being mindful of regulatory constraints and the company’s risk appetite. ALM routinely collaborates with other areas across the company including Global Treasury, Finance, Risk and the firm’s business units.
What You Will Be Responsible For
The Assistant Vice President will be working closely with our forecasting and/or interest rate risk teams on our monthly reporting and analytical processes. He/she will partner with peers in ALM and collaborate with key business stakeholders to support the company’s balance sheet strategy. The candidate is responsible for communicating results, highlighting risks and providing insights for senior management.
As Balance Sheet Analyst You Will
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.
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.
State Street's Speak Up Line
Job ID: R-765960
Asset Liability Management (ALM), a division of Global Treasury, is responsible for managing the corporate balance sheet strategy, the net interest income (NII) forecast and our interest rate risk positioning and analysis. The team focuses on optimizing the risk/reward relationship by recommending strategies for sustaining and growing NII while being mindful of regulatory constraints and the company’s risk appetite. ALM routinely collaborates with other areas across the company including Global Treasury, Finance, Risk and the firm’s business units.
What You Will Be Responsible For
The Assistant Vice President will be working closely with our forecasting and/or interest rate risk teams on our monthly reporting and analytical processes. He/she will partner with peers in ALM and collaborate with key business stakeholders to support the company’s balance sheet strategy. The candidate is responsible for communicating results, highlighting risks and providing insights for senior management.
As Balance Sheet Analyst You Will
- With inputs from business units across the bank, produces a monthly balance sheet and NII forecast using Quantitative Risk Management (QRM)
- Produce valuation and earnings rate risk sensitivity metrics against established thresholds
- 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
- Participates in stress testing efforts as needed
- Responds in a timely and accurate manner to ad-hoc requests
- Collaborates effectively with other team members across ALM, Treasury, Finance and business units
- 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 partners across teams and works well independently
- Break down complex topics into clear, concise explanations and presentations
- Strong quantitative aptitude/skills
- Experience with QRM modeling and production preferred
- Knowledge of financial markets and the banking regulatory environment
- 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.
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.
State Street's Speak Up Line
Job ID: R-765960
Salary : $80,000 - $132,500
