State Street US | Global Treasury Audit, Vice President

Responsibilities

• 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.
• The range quoted above applies to the role in the primary location specified.
• 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.
• 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.

Requirements

• 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.
• Advanced degree in Finance, Accounting, Economics, Business, Risk Management, or a related field.
• 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.
• 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.

State Street US

State Street US is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "For us, success comes in the mark we make as an organization– for the industry, our clients, our communities and each other."

Its finance, accounts, audit and tax openings in India are mostly in Boston, Quincy, Clifton and Kansas City.

• Industry: BFSI / Investments / Insurance