State Street · 1 day ago
Finance Regulatory Capital & Basel, Officer
Boston, MA
Full-time
Onsite
Mid Level
$65K/yr - $114K/yr
3+ years expState Street is one of the largest custodian banks and asset managers in the world, seeking a Finance Regulatory Capital & Basel Officer. This role involves processing Basel III capital calculations, serving as a subject matter expert, and driving process improvements in financial reporting.
BankingFinanceFinancial Services
Responsibilities
Process monthly workflows, adjustments and reconciliations for Basel III capital calculations and related internal reporting
Serve as a subject matter expert on Basel III regulation, calculations and analysis
Participate in the annual Advanced Systems Assessment across various functions to deliver a comprehensive assessment of the effectiveness of the Bank’s systems/processes
Complete analytical package to interpret capital results and prepare presentation packages for senior management and Investor Relations
Stay abreast of regulatory and reporting updates, review and interpret guidance and apply changes as needed
Manage department policy and procedure documents, controls and self-assessments
Develop and update complex financial models to review automated logic and generate flux analyses
Participate in user acceptance testing (UAT) of the Risk Data Lake logic updates
Participate in new product on-boarding
Lead project work streams to enhancement processes
Participate in ad-hoc projects from regulatory capital perspective to assist the Return-On-Capital team’s ongoing management reporting
Develop working relationships with State Street Finance teams to drive process improvement, automation and efficiency to improve the speed and quality of flow of business performance data to management stakeholders for their portfolio allocation decisions
Qualification
Required
Process monthly workflows, adjustments and reconciliations for Basel III capital calculations and related internal reporting
Serve as a subject matter expert on Basel III regulation, calculations and analysis
Participate in the annual Advanced Systems Assessment across various functions to deliver a comprehensive assessment of the effectiveness of the Bank's systems/processes
Complete analytical package to interpret capital results and prepare presentation packages for senior management and Investor Relations
Stay abreast of regulatory and reporting updates, review and interpret guidance and apply changes as needed
Manage department policy and procedure documents, controls and self-assessments
Develop and update complex financial models to review automated logic and generate flux analyses
Participate in user acceptance testing (UAT) of the Risk Data Lake logic updates
Participate in new product on-boarding
Lead project work streams to enhancement processes
Participate in ad-hoc projects from regulatory capital perspective to assist the Return-On-Capital team's ongoing management reporting
Develop working relationships with State Street Finance teams to drive process improvement, automation and efficiency to improve the speed and quality of flow of business performance data to management stakeholders for their portfolio allocation decisions
Completes own role independently or with minimal supervision and shares own expertise with others
Interprets client needs and key issues in moderately complex situations, takes a broad perspective to problems and identifies solutions
Interprets internal and/or external business issues and implements best practice
Adapts information/style to the audience, explains difficult issues clearly with strong communication skills
Promotes teamwork and works collaboratively
Preferred
Undergraduate degree, preferably in Accounting or Finance
CPA, MBA preferred
3-5 years of relevant Finance experience, ideally in a complex global Financial institution
Experience managing multiple tasks in multiple locations
Benefits
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)
Eligibility for certain tax advantaged savings plans
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
legacy.thefly.com
2026-01-22
Company data provided by crunchbase