Asset Liability Management - Reporting Analyst Co-Op

Job Description:
 

Who we are looking for.

Self-motivated, detail-orientated individual with a background and interest in Finance, Economics and/or Mathematics to join Asset Liability Management (ALM), a division of Global Treasury. The ideal candidate will have a desire to learn and grow in a fast-paced environment on a global team and the ability to work independently as well as collaboratively in support of executing the company’s key initiatives. Prior experience with Excel and PowerPoint is preferred, but a willingness to learn and develop is most important.

Why this role is important to us

ALM is responsible for managing the corporate balance sheet, net interest income (NII) forecast and interest rate risk positioning. The team focuses on optimizing the risk/reward relationship by recommending strategies for sustaining and growing net interest income while being mindful of regulatory constraints. ALM routinely collaborates with other areas across Global Treasury, Finance, Risk and business units to operate within the risk appetite outlined by the Board of Directors.

What you will be responsible for

As a co-op you will:

• Prepare routine presentation materials to support senior management committee reporting.

• Help to lead peer analysis to benchmark company performance.

• Drive reporting for senior management, which helps identify key risks.

• Provide analytical support to drive key balance sheet initiatives.

• Support quarter-end earnings preparation process

What we value

These skills will help you succeed in this role

• Proven ability to solve problems and improve existing processes.

• Detail orientation

• Ability to grasp new concepts in fast-paced environment.

• Strong written and verbal communication

Education & Preferred Qualifications

•  Education background in either Finance, Economics or Mathematics

•  Proficiency in Excel and PowerPoint

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

Discover more at StateStreet.com/careers

Salary Range:

$41,600 - $65,000 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.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.