Financial Reporting/Analysis/Planning Financial Reporting/Analysis/Planning …

State Street Corporation
in Boston, MA, United States
Permanent, Full time
Be the first to apply
Competitive
State Street Corporation
in Boston, MA, United States
Permanent, Full time
Be the first to apply
Competitive
State Street Corporation
Financial Reporting/Analysis/Planning
Financial Reporting/Analysis/Planning (State Street Bank and Trust Company; Boston, Massachusetts ): will support the Funds Transfer Pricing (FTP) and Cash Analytics teams. The Funds Transfer Pricing (FTP) team is part of the Balance Sheet Insight Center in the Financial Planning & Analysis organization. FTP allocates Net Interest Income (NII) to each business unit based on the nature of their assets and liabilities. The FTP team acts as a primary point of contact between Global Treasury, business leaders, and their finance partners worldwide on topics relating to FTP including business unit and product profitability and forecast guidance. The Cash Analytics team plays a vital role in helping State Street manage their deposits and other cash offerings. Business leaders rely heavily on the analysis and insights the team produces. Specific duties include: Understanding FTP calculation methodology and key impact drivers, such as market interest rates asset and liability duration and balance sheet activity; prepare various reporting, driver impact analysis, and presentations including post FTP NII results, Treasury and Mismatch Center results, Monthly Cash Share of Wallet Analysis, and Deposit Composition Analysis for distribution and presentation to senior leaders; prepare Monthly Senior Management Cash and Liquidity Solutions materials; timely and accurate reporting and variance analysis including actual vs. budget trends, prior period, and geography for review and distribution to finance business partners; complete internal quality control checks related to monthly actual and forecast production process including FTP rates business unit and product profitability; documentation of procedures and methodologies to improve transparency in FTP modeling and results; and ad hoc reporting and projects to assist Finance partners.

Minimum requirements are: Master's degree in Finance or a related field, or its equivalent; and minimum 2 years of relevant work experience in the Financial Services Industry .

Must have: Proven knowledge of key financial statements, specifically bank balance sheets and income statements; demonstrated understanding of deposits and deposit pricing; knowledge of complex financial products and businesses; demonstrated experience using Spotfire; advanced Excel and PowerPoint skills; and demonstrated experience using Tableau. (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific amount of years of experience required. All experience can be gained concurrently.)

A pply online at statestreet.com/careers . State Street Job ID: R-649613 . An EOE.

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Company Overview

From technology and product innovation to corporate responsibility and community development, 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 - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.

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