Treasury Stress Testing, Assistant Vice President at State Street

Posted in General Business about 12 hours ago.

Type: Full-Time
Location: Boston, Massachusetts





Job Description:

Who we are looking for

The successful candidate is a team player, has relevant large financial institution experience and can deliver clear, well-structured communications, including presentations to internal constituents, bank committees and regulators.

Why this role is important to us

Global Treasury plays a critical role in State Street's organization, both from a business-as-usual (BAU) perspective and with regard to regulatory capital requirements. Functional areas include capital planning and forecasting, stress testing, recovery and resolution planning and project management. The Stress Testing role plays a key part in sizing of capital requirements through forecasting Pre-Provision Net Revenue (PPNR) under an array of stress scenarios.

What you will be responsible for

As a Stress Testing Forecasting Analyst you will


  • Maintain and develop quantitative models and forecasting tools for State Street's revenue and expenses, aiding in the management of State Street's capital position for stress testing purposes

  • Coordinate and support stress testing execution processes by running quantitative and forecasting models, producing results, and communicating outcomes to senior management

  • Develop coherent presentations and other communications to facilitate management decision making, and clearly document key decisions & feedback from committee review and challenge

  • Coordinate with peers, business unit representatives and corporate functions within and outside of Treasury, to ensure timely execution of departmental deliverables

  • Understand key regulatory and business drivers of State Street's major segments and their impact on overall Treasury and corporate wide risk metrics and performance

  • Recommend and initiate continuous improvements across existing processes and tools, and respond to and coordinate with oversight partners to enhance governance and oversight

  • Work with IT and other support functions to document business requirements and ensure forecasting methodologies are appropriately implemented in production systems

  • Complete ad-hoc assignments as needed, and demonstrate willingness to work collaboratively with other team members to meet departmental objectives on or ahead of schedule


What we value

These skills will help you succeed in this role


  • Advanced analytical skills with proficiency in Excel, PowerPoint and Word, and other reporting/visualization tools

  • Project management experience and strong organizational skills; high attention to detail, and demonstrated ability to organize work and drive projects over the finish line with tight timeframes

  • Strong oral and written communication skills; comfortable presenting results to key stakeholders and senior management

  • Willingness to work as part of a global cross-functional team


Education & Preferred Qualifications

  • Bachelor's degree or MBA in Finance, Economics, Accounting, Business or related fields

  • 4-6 years of financial services experience, consulting experience or other relevant experience in financial institutions, with knowledge of treasury risk-based banking regulations preferred


Additional requirements

Basic skills in statistical or analytical modeling languages such as R, Python, SAS, SQL will be considered a plus.

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program 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 perspective 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 the 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 program 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





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