Global Treasury Risk Management Oversight

The goal of ERM is to ensure that State Street’s risks are proactively identified, well-understood, and prudently managed in support of our business strategy.  As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks possible in providing products and services to our clients. Global Treasury Risk Management (GTRM) acts as the business-aligned risk function focused on these responsibilities for the activities of the Global Treasury (GT) department, inclusive of the Credit Risk Management team. 

State Street Global Treasury’s mission is sustainable growth in net interest revenue driven by the monetization of liabilities from custody clients and the overall management of the corporation’s balance sheet, both while managing risk consistent with the company’s risk appetite and regulatory constraints. GT core functions include managing the investment portfolio, asset-liability risk, liquidity risk, funding and liability pricing, capital structure, and rating agency relationships.

Major Responsibilities:

• Provide support on Treasury Risk reporting activities.
• Ensure appropriate reporting and governance exists to communicate relevant risk information to senior management
• Suggest and implement improvements to current reporting process.
• Provide support on special projects, including review, oversight and analysis to support key strategic Global Treasury business initiatives
• Assist in enhancement and periodic calibration of risk limits, guidelines and policies, as needed.
• Collaborate with GTRM colleagues, GT business partners and other relevant areas of the bank to assess market events and regulatory changes impact on interest rate risk, liquidity risk and mark-to-market risk
• Provide feedback and guidance on methodologies, techniques, models and tools to ensure alignment with internal and regulatory guidelines

   

  Education, Experience and Skills:

• 1-2 years of work experience in Treasury or Market Risk activities, or risk management and regulatory concerns related to those disciplines.
• Advanced degree in Economics, Finance, Statistics, Engineering or related field.
• CFA, FRM designation a plus
• Fluency in MS Excel and Power Point. Programming knowledge in at least one of the following: Python/R/Matlab/C/C++/VBA /SQL
• Good understanding of financial instruments, in particular of interest rate and foreign exchange products, both cash and derivatives instruments
• Self-starter with willingness to work in fast-paced environment
• Willingness and ability to master concepts quickly.
• Willingness to work in a position with uneven and high priority project work
• Strong verbal and written communication skills in English language.
• Ability to gain trust and respect of business partners.