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Liquidity Governance – VP

Liquidity Governance – VP

CompanyState Street
LocationNew York, NY, USA
Salary$130000 – $212500
TypeFull-Time
DegreesBachelor’s, Master’s
Experience LevelSenior, Expert or higher

Requirements

  • BA/BS degree in a related field (Finance, Economics, accounting etc.) M.Sc. preferred
  • 8+ years of relevant experience in the financial services industry, with specific experience in Liquidity Management
  • Strong Knowledge of the banking regulatory environment (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
  • Extensive experience working with US regulators, particularly in the liquidity space
  • 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
  • Strong organizational and project management skills
  • Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative

Responsibilities

  • Establish the groups comprehensive governance, communication, and response strategy for regulatory, supervisory and internal oversight matters
  • Lead gap assessments against regulatory expectations (Reg YY, Reg WW, SR 10-6, SR 12-7 etc.)
  • Employ strong knowledge, understanding and awareness of compliance and regulation, to advise, develop and evolve internal policies, procedures and processes to meet regulatory requirements
  • Apply appropriate analysis and use sound judgement to make strategic and operational recommendations to meet regulatory compliance goals and objectives
  • Track, Manage, and respond to both internal and external regulatory, compliance, Risk and Audit inquiries
  • Frame formal responses with detailed documentation and evidence to close out any open issues
  • Ensure all policies, controls and procedures are adhered to and evidence is documented
  • Support the execution of the Material Liquidity Risk Identification process
  • Foster an environment that promotes compliance, continuous improvement, appropriate and effective controls, self-detection and remediation
  • Develop deep understanding of liquidity management and its dependencies and partnership with groups across treasury, finance and risk.

Preferred Qualifications

  • M.Sc. preferred
  • CFA and/or FRM preferred
  • Thoughtful Team lead capable of setting priorities for the team
  • Team management skills, delegation and motivational attitude are essential to success
  • Ability to proactively resolve issues by working with other teams
  • Independent worker that takes ownership of responsibilities and holds their work to a higher standard