Global Treasury ALM - Interest Rate Risk Management Team Lead (AVP)

The Asset Liability Management (ALM) team within Global Treasury is responsible for optimizing the company’s balance sheet while maximizing net interest revenue (NIR) within our risk appetite and regulatory constraints. Key functions within ALM include balance sheet and NIR forecasting and interest rate risk (IRR) management which are supported by groups focused on data analytics, balance sheet modeling and senior management and Board reporting. ALM is also responsible for coordinating the company’s deposit pricing strategy, return on capital and funds transfer pricing methodologies and balance sheet strategy. ALM works closely with other functions across Global Treasury, Finance, Risk Management and Business Units.

Required

Successful candidates will have relevant experience at large financial institutions. They will be required to partner cross-functionally within the organization and across geographies. Candidates for this position are expected to:

Lead and provide guidance to a team of 4–5 analystsDevelop and coach teammates with a focus on coaching and retaining talentPromote a culture of risk excellence by challenging assumptions, escalating potential issues and executing required controls to support oversight and governance requirementsWork closely with teammates and key business partners to analyze impacts to corporate and material legal entity NII forecasts and IRR metrics from different balance sheet strategiesSupport new quarterly stress testing initiative and firm-wide scenario executionWork closely with model developers and oversight partners on balance sheet model enhancements and redevelopmentAnalyzing output and ensuring reasonability of resultsEnsuring timely preparation and delivery of ALM reporting including NII and EVE sensitivitiesProviding value added analytics is a fundamental expectation of the role as is ability to provide strategic input into time critical initiativesApply knowledge/skills handling complex problems and/or coordinating work which may extend beyond own area of expertise; share expertise with colleagues and other departments

Key Responsibilities & Experience Range

Follow procedures and maintain existing processes, but also think critically about forecast and IRR topics to build subject matter expertiseReport and analyze actual balance sheet, NII and IRR trends to support month-end and quarter-end processesRespond in a timely and accurate manner to ad-hoc requests

Qualifications

Minimum of postgraduate degree, preferably in Finance or related field, MBA preferred and having FRM and CFA qualification is a plus8-12 Years of experience in banking, financial services. Treasury ALM related experience preferred

Skills/ Knowledge

Ability to influence others and lead a team in a dynamic, fast-paced environmentStrong verbal and written communication skills; effective at presenting results to key stakeholders including senior management and external regulatorsStrong quantitative aptitude/skills and experience modeling complex financial conceptsDetail oriented and effective written and verbal communication skillsExperience using software applications to define and solve complex business problemsKnowledge of financial marketsAbility to work independently and in a team environmentMust possess strong communication skills with ability to participate in conference calls and contribute to presentation of financial results to financial and non-financial audiences at various levels of senioritySolid business knowledge as it relates to the financial services industryFinancial product and institution knowledgeSelf-motivated, self-assured, and self-managedResults oriented ownership mindsetProficiency in Microsoft Word, Excel and PowerPoint in addition to other reporting visualization tools; experience with QRM (Quantitative Risk Management) preferred

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job ID: R-797875