State Street Liquidity Stress Testing Analyst in Boston, Massachusetts

Global Liquidity Management (GLM) is part of the Global Treasury organization with responsibility managing the firm’s liquidity risk. A primary focus of GLM is to analyze, measure, and report on the liquidity position and liquidity risk profile in order to ensure that State Street and its international entities can meet all contractual and contingent financial obligations through typical market cycles as well as periods of stress. Through meaningful, timely, transparent, multidimensional and globally harmonized measures, GLM provides key stakeholders the necessary transparency and understanding of the liquidity position, its risks and how liquidity can be affected and influenced.

As part of GLM, the candidate will assume an important role within the Liquidity Stress Testing team, supporting development of the liquidity stress testing model under various stress and RRP scenarios. This includes involvement in calibrating stress assumptions, defining scenario narratives and macroeconomic factors, as well as sourcing data across various systems. Furthermore, the candidate will provide critical support for reporting stress test results to management and regulators, as well as maintain documentation for MVG, Audit, and RRP submissions. Additionally, the individual will assist in the liquidity risk metrics framework and make recommendations on the liquidity risk limits to management. He or she is expected to work closely with internal stakeholders and team members to expand and improve upon coordination, communication, data quality, and reporting across GLM.

Primary Duties and Responsibilities

  • Support the calibration of the liquidity stress assumptions by product while effectively collaborating with the business lines, TQA, and other Treasury stakeholders
  • Maintain and enhance the liquidity stress testing assumptions and production model, including documentation for MVG, Audit, and RRP submissions
  • Articulate the drivers of the liquidity stress testing model to management and proactively identify future enhancements in production models
  • Manage coordination of corporate-wide assumptions rollout to international colleagues, while demonstrating proficiency in corporate model
  • Prepare and present presentations of liquidity stress testing assumptions and results to relevant working groups and senior management
  • Assist in the calibration of the liquidity risk metrics and limits, and document all assumptions, observations, and results
  • Participate in the completion of ad hoc assignments in support of liquidity management

Qualifications

  • BA/BS degree in a related field (Finance, Economics, Business Administration, Accounting, Information Systems)
  • Knowledge of financial markets and the banking regulatory environment
  • Basic knowledge in programming or experience with collaborating with programmers – especially experience with clear definition of implementation requirements
  • Strong written, verbal communication and time management skills
  • Ability to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environment
  • Ability to proactively resolve issues by working with other areas within GT
  • Experience in preparing presentations for executive management and regulators
  • Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative
  • Advanced Excel and Power Point
  • Familiarity with banking or business intelligence tools a plus (e.g., Spotfire, Cognos)
  • 2-4+ years of experience in the financial services industry

  • Posted 2 Days Ago

  • Full time
  • R-582867