State Street
Treasury ALM Data Analytics and BI Analyst – Assistant Manager
Job Description
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.
Successful candidates will have relevant experience at large financial institutions. They will be required to partner cross-functionally within the organization and across geographies. Candidates for this position are expected to:
- Act as a Techno functional expert by handling large volume of data, drawing insights, and creating stories with data
- Exposure to balance sheet management and good understanding of balance sheet products
- Strong database management skills and proficiency with SQL and big data architecture
- Work closely with teammates and key business partners to analyze impacts to corporate and material legal entity NII forecasts and IRR metrics from different balance sheet strategies
- Apply knowledge/skills handling complex problems and/or coordinating work which may extend beyond own area of expertise; share expertise with colleagues and other departments
Key Responsibilities & Experience Range
- Follow procedures and maintain existing processes, but also think critically about forecast and IRR topics to build subject matter expertise
- Reporting and analyze actual balance sheet, NII and IRR trends to support month-end and quarter-end processes
- Respond in a timely and accurate manner to ad-hoc requests
Skills & Knowledge
- 7-10 years in financial services, Treasury experience preferred
- Bachelor’s degree required, postgraduate degree preferred
- Attention to detail
- Ability to influence others and lead a team in a dynamic, fast-paced environment
- Strong verbal and written communication skills; effective at presenting results to key stakeholders including senior management and external regulators
- Expertise with Business Intelligence tools such as Tableau, Power BI, or Qlik is must
- Proficiency in Microsoft Word, Excel and PowerPoint in addition to other reporting visualization tools; experience with QRM (Quantitative Risk Management) preferred
