Treasury CFO, Managing Director
$170k - $267.5kState Street Corporation
Who we are looking for The Treasury Chief Financial Officer (CFO) is accountable for developing and delivering the financial and business management capabilities of the Global Treasury. This includes key financial planning, forecasting and explanation of the balance sheet and net interest income and margin of the firm, as well as executing key financial processes aligned with funds transfer pricing, Treasury and Investment Portfolio P&L, regulatory and management reporting, as well as governance, issues management and transformation. This executive serves as a key advisor to the Treasurer, providing rigorous production, analytics, forward-looking insights, and disciplined governance over the key financial metrics What you will be responsible for Balance Sheet and Net Interest Income Forecasting and Actuals
$170,000 - $267,500 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit About State Street 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. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, 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. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
- Develop macroeconomic models to forecast key balance sheet items and interest rate paths for major currencies
- Provide regular reporting and explanation of actual and forecast net interest income and net interest margin
- Provide forecasting, reporting and explanation of investment portfolio returns by asset class, Treasury residual P&L from funds transfer pricing processes, and Treasury direct expenses
- Partner with business CFO and Financial Planning & Analysis functions to align with production of business reviews, earnings reviews, outlooks, and plans
- Develop reporting processes for Monthly Business Reviews and quarterly earnings processes.
- Serve as a senior member of management committees, to foster robust escalation, challenge, and decision-making.
- Establish common processes for all issues tracking related to regulatory, risk, audit and self identified issues to drive visibility on remediation programs and related execution risks
- Propose and implement streamlined governance committee and subcommittee structures and develop reporting capabilities to jointly feed regular governance, executive management, and regulatory reviews
- Partner closely with Risk and Internal Audit to maintain strong three-lines-of-defense governance.
- Lead Treasury Transformation efforts around improved Data Operating Model and Next Generation financial forecasting infrastructure development
- Consolidate subscale reporting processes and create common industrial scale reporting for key balance sheet views
- Establish common processes for all issues tracking related to regulatory, risk, audit and self identified issues to drive visibility on remediation programs and related execution risks
- Assess and develop remediation plans to comply with global regulatory standards and supervisory expectations for capital management and resolution planning for GSIFIs.
- Act as a senior point of contact for regulators on any Treasury reporting related, examinations, and thematic reviews.
- Oversee model development for key balance sheet and income statement forecasting models as well as controls framework to align, drive accuracy, transparency, and alignment with model risk governance.
- Drive continuous enhancement of forecasting, scenario analysis, and stress testing capabilities to anticipate macroeconomic and market shifts.
- Lead and develop a high-performing global Finance and Business Management organization, fostering strong technical expertise, sound judgment, and risk culture.
- Build deep succession and bench strength for critical Financial forecasting, reporting, transformation, and governance roles across regions.
- Advanced degree in Accounting, Finance, Economics, or related field; MBA or equivalent preferred.
- 15+ years of progressive experience in Treasury, Financial Planning & Analysis, 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 financial forecasting, governance, program management, and regulatory engagement
- Strong competency in developing sustainable production and control processes
- Proven ability to engage credibly with Boards, regulators, and senior executives.
$170,000 - $267,500 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit About State Street 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. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, 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. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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