Liquidity Management – Associate

Are you a detail-oriented and analytical individual with a passion for finance and risk management? Do you thrive in a fast-paced and dynamic environment? If so, we have an exciting opportunity for you to join our team as a Liquidity Management Associate at State Street.As an Associate in our Liquidity Management department, you will play a crucial role in managing the liquidity risk of our organization. Your strong quantitative and problem-solving skills, along with your ability to communicate complex financial concepts, will be essential in ensuring the maintenance of our financial stability and regulatory compliance.We are looking for a highly organized and motivated individual with a Bachelor's degree in Finance, Economics, or a related field. Previous experience in liquidity management, risk management, or financial analysis is preferred. If you are ready to take on new challenges and contribute to the success of a leading financial institution, we invite you to apply for this position.

1. Monitor and analyze the organization's liquidity risk exposure on a daily basis.
2. Identify and report any potential liquidity issues or concerns to senior management.
3. Develop and maintain liquidity risk management policies and procedures in accordance with regulatory requirements.
4. Conduct stress testing and scenario analysis to assess the potential impact of market events on the organization's liquidity position.
5. Collaborate with other departments, such as Treasury and Risk Management, to ensure effective liquidity risk management across the organization.
6. Develop and maintain relationships with external stakeholders, including regulators and financial institutions, to stay informed of industry developments and best practices.
7. Utilize quantitative and analytical skills to assess and model different liquidity scenarios.
8. Communicate complex financial concepts and analysis to various stakeholders, including senior management and regulators.
9. Assist in the development and implementation of new liquidity risk management tools and processes.
10. Stay up-to-date with regulatory requirements and industry trends related to liquidity risk management.
11. Provide support and guidance to junior team members, including training and mentoring.
12. Conduct regular reviews and audits to ensure compliance with internal policies and external regulations.
13. Participate in cross-functional projects and initiatives to improve overall risk management processes.
14. Continuously evaluate and improve liquidity risk management strategies and procedures.
15. Collaborate with IT and data teams to enhance and optimize liquidity risk reporting and analysis tools.

According to JobzMall, the average salary range for a Liquidity Management – Associate in Quincy, MA, USA is $60,000-$85,000 per year. This may vary depending on the specific company, experience level, and other factors such as bonuses and benefits.

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.