State Street

Forecasting and Strategy, VP

State Street
Boston, Massachusetts
Not disclosed
19 Apr 2024
06 May 2024
Approved employers
Approved employer
Contract type
Full time
Experience level

As part of Global Treasury, the candidate will assume an important role within the Liquidity Management team, driving strategic position management and developing consistent forecasting capabilities for key liquidity metrics. This includes collaboration with business partners, subject matter experts within broader stress testing team, and global treasury functional leads. Moreover, the candidate will regularly collaborate with State Street’s senior leaders across corporate and business functions to make recommendations on the liquidity methodology to management. In addition to technical expertise, the successful candidate will have strong communication skills, with the ability to distill key messages, present strategic objectives, and drive recommendations for senior-level audiences.

What you will be responsible for

  • Developing a sustainable, repeatable, and well-controlled forecasting process for key liquidity metrics to enable more efficient planning of business unit consumption and debt/contingent funding
  • Driving integration of regulatory and ILST metrics in support of a comprehensive liquidity framework
  • Collaborating with business partners and GT functional leaders to inform and allocate forecasted capacity for business growth, establish consumption limits, and drive strategy
  • Developing repeatable peer review and analysis process, understanding State Street’s position relative to peers, and driving recommendations for change, where appropriate
  • Developing effective, analytical, and well-supported presentation materials for senior-level audiences; communicating State Street’s liquidity position, forecast, and strategy to broad range of audiences
  • Work with Treasury and RIGA leadership to understand industry trends, advocate State Street’s position, and assess actual and forecasted impacts of key regulatory developments
  • Lead ad hoc assignments in support of liquidity management

What we value

These skills will help you succeed in this role:

  • Effective communicator with a consultative style. Being a trusted advisor
  • Ability to deliver compelling rationale, convince stakeholders, and achieve consensus
  • Strong critical thinker with the ability to take complex information and clearly articulate it to management
  • Independent worker that takes ownership of responsibilities and holds their work to a higher standard
  • Team management skills, delegation, and motivational attitude are essential to success

Education & Preferred Qualifications

  • BA/BS degree in a related field (Finance, Economics, Business Administration, Accounting, Information Systems)
  • 8+ years of relevant experience in the financial services industry, including financial forecasting or modelling
  • Knowledge of financial markets and the banking regulatory environment with particular focus on liquidity
  • Demonstrated track record of financial analytics, modelling and quantitatively supporting management decision-making
  • Strong written, verbal communication and time management skills
  • Ability to multi-task, manage priorities, delegate team tasks while maintaining focus on priorities and meet deadlines in a demanding and deadline-oriented environment
  • Ability to proactively resolve issues by working with other teams
  • 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 PowerPoint skills
  • Familiarity with banking or business intelligence tools a plus (e.g., Spotfire, Python)
  • Basic knowledge in programming or experience with collaborating with programmers – especially experience with clear definition of implementation requirements

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data-driven decisions, and are a good team player, you could be a great fit.

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.

Salary Range:

$110,000 - $185,000 Annual

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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