State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $33.5 trillion in assets under custody and administration and $3.1 trillion in assets under investment management as of June 30th, 2020. State Street operates globally in more than 100 geographic markets and employs 39,000 worldwide.

Global Treasury is part of the Corporate Finance organization with approximately 170 teammates worldwide.  Its focus includes managing the company’s investment portfolio and funding needs, optimizing the balance sheet and net interest income (NII) and driving risk/return frameworks to manage the company’s capital position and liquidity and interest rate risk profiles.

Asset Liability Management (ALM) is a function within Global Treasury with approximately 40 teammates worldwide.  ALM is responsible for the company’s balance sheet strategy, forecasting NII and measuring interest rate risk sensitivities under different rate scenarios.  It works closely with other Global Treasury, Finance and Line of Business units to provide analysis and recommendation for strategic changes to the company’s balance sheet.

The key task for the role includes :

• Follow procedures and maintain existing processes, but also think critically about forecast and IRR topics to build subject matter expertise
• Report and analyze actual balance sheet, Assets and Liabilities trends to support month-end and quarter-end processes
• Respond in a timely and accurate manner to ad-hoc requests
• Analyzing output and ensuring accuracy of results
• Ensuring timely preparation and delivery of ALM earnings preparation material, peer group analytics, and SEC reporting
• Providing value added analytics is a fundamental expectation of the role as is ability to provide strategic input into time critical initiatives
• Working with other team members across ALM, Treasury, and Finance to ensure timely, accurate reporting for routine committee presentations

Qualification & Certifications

• Minimum of postgraduate degree, preferably in Finance / Economics or quantitative discipline, 4-7 Years of experience in banking, financial services with some exposure to interest rate risk management.

Primary Skills

• Proven ability to solve problems and improve existing processes
• Ability to grasp new concepts in a fast-paced environment
• Works well independently and collaborates across teams
• Strong quantitative aptitude/skills
• Detail orientation
• Proficiency in Excel
• Knowledge of financial markets
• Effective written and verbal communication skills
• Quantitative Risk Management (QRM) software experience preferred, but not required

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.

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