Global Liquidity Management, Collateral Management, Assistant Vice President

Who we are looking for

Global Liquidity Management (GLM) is part of the Global Treasury within the Finance organization with responsibility managing the firm’s liquidity risk. A primary focus of GLM is to analyze, measure, and manage 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 Assistant Vice President of Collateral Management will responsible for analyzing, reporting and pro-active optimizing the firm’s collateral inventory. This includes working closely with the all aspects of the Liquidity Management and Portfolio trading team, providing critical insights and immediate collateral mobilization and substitution.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As an Assistant Vice President of Collateral Management you will:

• Own and design processes to optimize collateral allocation across international legal entities, business units and settlement venues, including ensuring sufficient collateral is pledged in order to facilitate access to intraday and end of day credit lines
• Utilize coding skills (e.g., Python, SQL, VBA, or similar) to automate repetitive tasks, enhance data analysis, and improve reporting efficiency 
• Support portfolio management strategy by identifying unique collateral value opportunities aligned with NII objectives
• Ensure that monetization options are identified, tested and documented in conjunction with the Global Treasury trading desk and Liquidity Analytics Team

What we value

These skills will help you succeed in this role:

• Sound knowledge of US liquidity regulations with exposure to international markets an advantage
• Practical experience of coding large, complex data sets e.g. Python
• Strong written and verbal communication with the ability to articulate complex issues succinctly to senior forums
• Ability to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environment
• Experience in preparing presentations for executive management and regulators
• Strong collaboration skills, working with business partners, risk functions, and corporate audit

Education & Preferred Qualifications

• 5+ years of experience in treasury, collateral middle office, consulting or related field
• Bachelor Degree in a related field (Finance, Economics, Applied Mathematics, Statistics)
• CFA or working towards an strong advantage

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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:

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.

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