ForgeApply
Try it free

ForgeApply · Job listing

Global Treasury Audit, Vice President

State Street

Boston, Massachusetts | Toronto, US$110k – $189konsite

See all 49 open roles at State Street

Tailor your resume for this State Street job in about a minute.

ForgeApply tailors your resume and cover letter to this exact posting, then hands you a ready-to-submit application for State Street's site. Free trial, no card required.

About this role

Who we are looking for 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.

Why this role is important to us The audit team plays an important role in the overall success of the organization. Across the globe, the firm, relies on us to help them manage risk, respond to challenges, and drive performance and profitability; regulators rely upon us to provide assurance that the bank operates in a manner that is compliant with key banking regulations to properly manage risks to the company and the global financial systems.

What you will be responsible for As Global Treasury Audit, Vice President you will • 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.

What we value These skills will help you succeed in this role: • 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.

Education & Preferred Qualifications The following are required: • 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. • CPA, CIA, CFA, or other relevant professional certification. • Advanced degree in Finance, Accounting, Economics, Business, Risk Management, or a related field.

Salary Range: $110,000 - $188,750 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit https://hrportal.ehr.com/statestreet/Home .

About State Street

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 committe

Salary insight

The midpoint of this range ($149k) is about 7% below the median disclosed salary for Boston roles listed on ForgeApply ($161k across 1,687 jobs).

Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.

Tailor your resume for this State Street role before you apply.

Tailor my resume for this job

Similar jobs

Free ATS checker · How to Tailor Your Resume to a Job Description (Step by Step)