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Liquidity Implementation, VP

State Street CorporationBoston, MA

$110,000 - $207,500 / year

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Overview

Schedule
Full-time
Education
PMP
Career level
Executive
Remote
On-site
Compensation
$110,000-$207,500/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Who we are looking for

The Global Liquidity Management (GLM) Group, within the Global Treasury organization, oversees State Street's liquidity planning, monitoring, methodologies, analytics, and regulatory reporting globally. The group manages regulatory ratios such as the LCR, NSFR as well as the liquidity buffer requirements resulting from its Internal Liquidity Stress testing (ILST) and Recovery and Resolution planning (RRP) framework (RLAP/RLEN). The group is also responsible for ensuring compliance with all regulatory reporting requirements, such as the daily FR2052a and associated public disclosures, in alignment with Regulation WW, liquidity-relevant sections of Regulation YY and Regulation QQ, SR 11-7 MRM requirements and Basel Risk Data Aggregation principles (BCBS 239). We work collaboratively with the Global Treasury Risk Management (GTRM) function to ensure we are managing liquidity within firm policies, limits and risk tolerance while meeting regulatory expectations promulgated by the Federal Reserve, the FDIC and other regulators globally.

We are looking for a Vice President of Liquidity Implementation to join GLM reporting to the Managing Director, Liquidity Implementation. The Liquidity Implementation team is responsible for overseeing the development and implementation of liquidity solutions to support Treasury, Finance and Businesses execute these requirements in an automated, well-controlled and repeatable manner via application deployment.

What you will be responsible for

  • Design and architect the vision of a new, bottoms-up liquidity reporting infrastructure to support broader GLM and Treasury mandate, inclusive of model implementation, reporting user interfaces and building analytical capabilities

  • Design and development of our next generation liquidity calculation engine

  • Supporting end-to-end implementation of business requirements, inclusive of User Acceptance Testing to validate implementation against business needs

  • Developing processes and controls ensuring timely, complete and accurate outputs aligned with internal and external requirements

  • Collaborating closely with technology and data teams to ensure reporting solutions are scalable, sustainable, and aligned to GLM priorities

  • Driving change through collaboration, influence, and demonstration of POC's

  • Collaboration with business and IT leaders, and other stakeholders to execute data governance best practices

What we value

  • Analytical thinker capable of breaking down complex problems into measurable parts

  • Ability to proactively resolve issues by working with other teams

  • Strong writing abilities and comfort drafting and reviewing procedures and policies

  • Experience in preparing presentations for executive management and regulators

  • Independent worker that takes ownership of responsibilities and holds their work to a higher standard

  • Proficiency as a member of a high performing technical team

  • Ability to drive ideas from concept to execution

  • Industry insights to improve the technology maturity of the group

  • Strong knowledge of data usage and end to end data management and governance

  • Experience with cross-product, cross-region project integration and collaboration

  • Ability to multi-task, manage priorities, delegate team tasks, while maintaining focus on priorities and meeting deadlines

  • Detail-oriented, well-organized, innovative, self-starter and team player with a high level of initiative

Education & Preferred Qualifications

  • BA/BS degree in quantitative field or related field. M.Sc. preferred

  • 8+ years of relevant experience in the application development and/or financial services industry, with specific experience in Liquidity Management and Data within a large bank preferred

  • Coding experience in SQL and Python required; JQL, Scala, Node.JS, Java, Rust preferred

  • Experience with JIRA, Collibra, Spark, Databricks, Snowflake, PowerBI development, Tableau development platforms; REST architecture principles

  • Preferred experience with or certifications pertaining to PMP, Scrum/Agile, Lean Six Sigma preferred

  • Preferred knowledge of LCR, NSFR and FR2052a reporting requirements and more broadly, Regulation YY, WW, QQ expectations

Salary Range:

$110,000 - $207,500 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.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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

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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.

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FAQs About Liquidity Implementation, VP Jobs at State Street Corporation

What is the work location for this position at State Street Corporation?
This job at State Street Corporation is located in Boston, MA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at State Street Corporation?
Candidates can expect a pay range of $110,000 and $207,500 per year.
What employment applies to this position at State Street Corporation?
State Street Corporation lists this role as a Full-time position.
What experience level is required for this role at State Street Corporation?
State Street Corporation is looking for a candidate with "Executive" experience level.
What education level is required for this job?
The education requirement for this position is PMP. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by State Street Corporation for this role?
State Street Corporation offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Vacation, Paid Sick Leave, Parental and Family Leave, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at State Street Corporation?
You can apply for this role at State Street Corporation either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.