Head of Global Treasury Risk Management APAC, Vice President

Head of Global Treasury Risk Management APAC, Vice President

State Street Corporation
5-7 years
Not Specified

Job Description


Who we are looking for
Global Treasury Risk Management (GTRM), a team within State Street's Enterprise Risk Management (ERM) department, is looking for an experienced treasury risk professional. The primary focus of the position will be the independent risk oversight and assessment of State Street's treasury risk in the Asia-Pacific region. The role will be the primary resource in the APAC region and will ensure the execution of the group's mandate. The role requires location in the region in either Hong Kong, Singapore, or Sydney.
The goal of the ERM department is to ensure that State Street's risks are proactively identified, well-understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks arising from the provision of products and services to our clients. GTRM acts as the business-aligned risk function focused on these responsibilities for the activities of the Global Treasury department. Global Treasury core functions include managing the investment portfolio, asset-liability risk, liquidity risk, funding and liability pricing, capital structure, and rating agency relationships.
The mission of GTRM is to ensure that the treasury risks are properly identified, well-understood, and prudently managed within the context of the business strategy and stated risk appetite.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As Head of Global Treasury Risk Management APAC you will

  • Ensure strong ongoing risk identification, quantification and oversight of the treasury risks (i.e., liquidity risk, banking book interest rate risk, portfolio mark-to-market risk and structured credit risk) in multi-currency balance sheets for State Street's branches and legal entities in the APAC region

  • Oversee the development of the GTRM oversight framework for the APAC region and the consolidated banking entity ensure proper implementation and oversight of compliance with regulations

  • Report on progress of risk framework enhancements incl. reporting to senior management and governance committees

  • Lead treasury risk activities across APAC legal entities and branches, implementing GTRM methodologies, policies and procedures, adapted to local requirements as needed

  • Oversee day-to-day management of treasury risks, timely escalation of risk issues and ongoing monitoring of market events and potential impacts

  • Adopt standard valuation techniques and risk measurement tools to enhance balance sheet risk and capital management strategies consistent with requirements of APAC management, markets and regulators

  • Report and assess the impact of emerging local regulations regarding treasury risks

  • Represent GTRM in the interactions with regulators in the region and internationally, in local Executive Committees as necessary, as well as the APAC region in corporate committees

  • Participate in business management forums, representing ERM's independent and objective perspective to support new product implementations

  • Perform independent reviews, risk limits calibration, and oversight and monitoring of the treasury risk of APAC perform analyses of balance sheets and assess the impact of any changes to its structure and/or composition

  • Responsible for risk metrics and guidelines, collateral analyses, oversight of intraday liquidity activity and other elements of the GTRM framework

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

  • Strong verbal and written communication skills to effectively communicate the results of independent risk reviews to business partners

  • Self-starter with willingness to work in a fast-paced, high-energy environment

  • Independent and critical thinker and strong financial acumen

  • Team player with unquestionable integrity and ethical standards

  • Strong work ethic and ability to manage multiple projects at once with ability to pivot quickly for urgent requests

Education & Preferred Qualifications

  • Bachelor's degree in economics, finance, or other related field required

  • Master's degree in economics, finance, or other related field, with quantitative background a plus

  • At least 5-7 years of experience in a banking organization, ideally within the treasury function, or aligned risk function of a major bank

  • Experience in liquidity risk at a banking organization required with an understanding of regulatory regimes and requirements for liquidity risk in the APAC region

  • Analytical background and good knowledge of standard analytical methods applied to finance

  • Good understanding of financial instruments and balance sheet management

  • Proficiency in Excel and other MS applications

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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

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. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It's also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You'll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. As an Affirmative Action/Equal Opportunity Employer, we consider applications for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender, 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. For more information, for U.S. jobs only, please read our CEO Statement.

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