Head of Asset Liability Management, SVP

State Street

Head of Asset Liability Management optimizing balance sheet position at State Street's GSIFI. Leading ALM strategy and regulatory compliance with focus on financial risk management.

Posted 6/26/2026full-timeNew York City • Massachusetts, New York • 🇺🇸 United StatesLead💰 $225,000 - $337,500 per yearWebsite

About the role

Key responsibilities & impact

Own and execute the firm‑wide ALM framework to support sustainable and stable returns along with franchise growth within approved risk appetite
Oversee behavioral modeling of assets and liabilities for baseline and stress scenarios
Develop investment portfolio and hedge instrument selections, target durations, and currency positioning
Coordinate internal balance sheet allocation processes and articulate price signals for various scarce balance sheet elements
Provide clear, Board‑level reporting on interest rate positioning, macroeconomic sensitivities, asset allocation and hedging decisions
Assess and develop remediation plans to comply with global regulatory standards and supervisory expectations for interest rate risk in the banking book applicable to GSIFIs
Oversee ALM models, methodologies, and data infrastructure

Requirements

What you’ll need

Advanced degree in Finance, Economics, or related field; MBA or equivalent preferred
15+ years of progressive experience in ALM, Treasury, Balance Sheet Management, or Financial Risk within a large, complex financial institution
Demonstrated experience operating at scale within a GSIFI or similarly regulated global firm
Deep expertise in investment portfolio management, IRRBB, funds transfer pricing, and balance sheet hedging
Strong competency in developing sustainable production and control processes
Proven ability to engage credibly with Boards, regulators, and senior executives

Benefits

Comp & perks

Generous medical care
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Retirement savings plan (401K) with company match
Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
Access to Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards
Access to flexible Work Programs to help match your needs
Wealth of development programs and educational support

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

ALM frameworkbehavioral modelinginvestment portfolio managementhedge instrument selectionbalance sheet managementinterest rate riskfunds transfer pricingdata infrastructureremediation plansmacroeconomic sensitivities

Soft Skills

communicationleadershipstakeholder engagementstrategic thinkinganalytical skillsproblem-solvingcollaborationcredibility with Boardsexecutive engagementprocess development

Certifications

MBAadvanced degree in Financeadvanced degree in Economics