State Street Bank and Trust

Financial Services

MarketRisk

$82–180k Boston, Massachusetts, United States; Lawrence, Massachusetts, United States; Lynn, Massachusetts, United States; Chelsea, Massachusetts, United States; Fall River, Massachusetts, United States; Springfield, Massachusetts, United States FULL TIME Remote Friendly
The Brief

“Market Risk at State Street Bank and Trust. Skills: Market Risk, Quantitative Analysis, Risk Modeling. Provide market risk exposure oversight. Contribute to best practices”

Industry & Context.

Financial Services
Problems you'll solve

Identify problems; Identify limitations; Propose solutions; Address problems proactively; Critical thinking; Analytical success

What They're Looking For.

Must Have

Master’s degree or equivalent, 3 years of experience in Market Risk, Foreign Exchange quantitative background, Interest Rate quantitative background, Curve building experience, Risk modeling experience, Python prototyping ability, VBA prototyping ability, Clear technical documentation writing, Precise technical documentation writing, Solid critical thinking ability, Analytical success, Self-motivation, Ability to work independently, Solid time-management, Maintain highest standards of conduct, Ensure compliance with industry practice, Ensure compliance with company policies, Ensure compliance with statute, Ensure compliance with regulatory requirements

Nice to Have

CFA charterholder preferred, FRM charterholder preferred

What You'll Do.

Provide market risk exposure oversight

Contribute to best practices

Contribute to governance policies

Establish risk limits

Establish risk controls

Maintain risk controls

Validate position data

Validate risk calculations

Develop risk management systems

Specify system requirements

Support system implementation

Support system testing

Prototype risk management tools

Develop risk management tools

Enhance market risk models

Analyze market risk models

Perform stress testing

Identify portfolio vulnerabilities

Support stress testing scenario design

Monitor Market Risk limits

Escalate limit breaches

Develop working relationships

Contribute to risk projects

Contribute to regulatory projects

Drive assigned tasks independently

How You'll Work.

Team & Collaboration

ERM Trading and Market Risk team; Traders; Support staff; Financial Risk; ERM; SSGM; Business units; Support functions; Operations; Assurance functions

Communication Scope

Clear writing; Precise writing; Technical documentation

Process & Methodology

Risk projects, Regulatory projects

Free ATS check

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