Global Treasury Audit, Vice President at State Street | Boston, MA, US | Rezi

Global Treasury Audit, Vice President at State Street

Global Treasury Audit, Vice President

State Street · Boston, MA, US

1 months ago

Global Treasury Audit, Vice President

State Street · Boston, MA, US

a month ago
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About the Role

The Global Treasury Audit, Vice President will provide independent, objective assurance over the design and effectiveness of the Bank’s Global Treasury risk management practices, with a particular focus on Interest Rate Risk in the Banking Book (IRRBB) and Asset Liability Management (ALM). The role requires a strong technical understanding of how Treasury identifies, measures, monitors, and governs balance sheet risk, including key IRR and ALM concepts such as Net Interest Income (NII), Economic Value of Equity (EVE), balance sheet behavioral assumptions, deposit modeling, stress scenarios, hedging strategies, and management reporting. The successful candidate will support annual audit planning, risk assessments, audit scoping, audit execution, issue development, and regulatory engagement activities across Global Treasury. The candidate should be able to provide credible challenge, communicate effectively with senior management and regulators, and translate complex Treasury risk concepts into clear audit conclusions. The individual will report directly to the Managing Director for Global Treasury Audit.

Responsibilities

  • Serve as a Treasury subject matter leader within Corporate Audit, providing technical challenge and guidance on Interest Rate Risk, Asset Liability Management, and funding-related audits.
  • Assess the design and operating effectiveness of controls over Interest Rate Risk in the Banking Book, including governance, risk measurement, assumptions, scenario design, model inputs and outputs, management reporting, limit monitoring, and escalation practices.
  • Evaluate Asset Liability Management practices, including balance sheet positioning, funding strategy, deposit behavior assumptions, investment portfolio strategy, hedging activity, and alignment with risk appetite and governance expectations.
  • Review management’s use of key IRR and ALM metrics, including Net Interest Income sensitivity, Economic Value of Equity sensitivity, duration, convexity, earnings-at-risk, and related risk appetite measures.
  • Challenge the completeness, accuracy, and appropriateness of Treasury reporting provided to management committees, ALCO, senior management, and the Board.
  • Coach and develop audit team members on Treasury risk concepts, including IRR measurement, ALM governance, regulatory expectations, and the linkage between Treasury processes, controls, and financial risk outcomes.
  • Stay abreast of industry matters and efficiently and effectively apply applicable new developments in audit projects.

Requirements

  • 10+ years of experience in internal audit, risk management, Treasury, ALM, balance sheet management, or related financial services roles.
  • Experience with NII/EVE sensitivity, IRRBB frameworks, deposit modeling, behavioral assumptions, stress testing, and governance.
  • Strong written and verbal communication skills, including the ability to communicate complex Treasury risk topics clearly to senior management, audit leadership, and regulators.
  • Demonstrated ability leading complex audits, reviews, risk assessments, or independent challenge activities.

Skills

  • Strong understanding of Interest Rate Risk and Asset Liability Management frameworks, including IRRBB governance, behavioral assumptions, deposit modeling, NII/EVE sensitivity analysis, stress testing, hedging strategies, model usage, and management reporting.
  • Detailed knowledge of key banking regulations and supervisory expectations relevant to Treasury risk management, including Interest Rate Risk in the Banking Book, Asset Liability Management, and safety and soundness expectations for large banking organizations.
  • Superior verbal and written communication skills; it is vital that the candidate possess the ability to articulate complex thoughts in a cogent, linear and method-driven manner and to assimilate information for senior executives concisely and appropriately for the situation at hand.

Location

  • Primary location specified (range quoted applies to this location)

Work Type

  • Full-time

Experience Level

  • 10+ years of experience

Education Level

  • CPA, CIA, CFA, or other relevant professional certification.
  • Advanced degree in Finance, Accounting, Economics, Business, Risk Management, or a related field.

Salary/Compensations

  • $110,000 - $188,750 Annual

Benefits

  • Retirement savings plan (401K) with company match
  • Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
  • Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
  • Access to Employee Assistance Program
  • Incentive compensation including eligibility for annual performance-based awards
  • Eligibility for certain tax advantaged savings plans

About the Company

  • Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
  • We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
  • We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
  • As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most.
  • Join us in shaping the future.

Equal Opportunity

  • As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.