Treasury Risk & ALM Audit VP

STATE STREET CORPORATION; Boston (MA); On-site; USD 110,000 - 189,000; Full time

Job summary

STATE STREET CORPORATION is seeking a Vice President for Global Treasury Audit to provide independent assurance over IRRBB and ALM controls. You will serve as treasury SME, challenge design and operating effectiveness, and report to the MD of Global Treasury Audit.

The role requires 10+ years in internal audit or risk management, CPA/CFA/CIA, advanced degree, and strong communication to senior management and regulators.

Qualifications

• 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.

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 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.

Skills

Treasury risk concepts

IRR/ALM knowledge

Regulatory expectations

Education

CPA / CIA / CFA or other professional certification

Advanced degree in Finance/Accounting/Economics/Business/Risk Management

Job description

STATE STREET CORPORATION is seeking a Vice President for Global Treasury Audit to provide independent assurance over IRRBB and ALM controls. You will serve as treasury SME, challenge design and operating effectiveness, and report to the MD of Global Treasury Audit.

The role requires 10+ years in internal audit or risk management, CPA/CFA/CIA, advanced degree, and strong communication to senior management and regulators.