State Street

Finance / FinServ

RiskModelingProcessDesigner/Analyst,AssistantVicePresident

$100–168k Princeton, New Jersey, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Risk Modeling Process Designer/Analyst, Assistant Vice President at State Street. Skills: modeling process design, data science, problem-solving, communication, workflow designing, data modeling & analytics, object-oriented or functional programming and design experience. lead the risk modeling process designing tasks by interacting with model developers, model owners, source data providers, and downstream process owners to architect optimal modeling process design. enhance and enforce operation”

What You'll Achieve.

provide optimal modeling process designing solutions; effectively manage the modeling processes; deliver in time with quality

Industry & Context.

Finance / FinServ
Problems you'll solve

problem-solving; modeling process designing solutions; modeling production problem-solving in real time

What They're Looking For.

Must Have

Master's degree required (preferably in data science, computer science, mathematical finance, statistics, and/or financial engineering), 3+ years of experience in model development and/or model owner, 5+ years of process workflow design, data modeling & analytics, leveraging AI hands-on experience with object-oriented or functional programming and design experience, verbal and written communication and interpersonal skills with the ability to collaborate effectively at all levels, regions internally and externally, Proven record to work independently on complex tasks, to manage projects/teams, and to engage key stake holders (internal/external) in a fast-paced environment, Execution-oriented, result-oriented, and multitasking-capable, Be able to manage workload, prioritize tasks, and to deliver in time with quality

Nice to Have

Prior workflow designer, financial modeler, data scientist, data architect, AI developer and/or machine learning product development experience in financial institutions, Data solution architect experience in structured and unstructured data management tools (Databricks, Snowflake, AWS, MS Azure, Oracle, MySQL, MongoDB, and/or etc.), Advanced knowledge and working experience on business process management design and tools (PEGA, Appian) and BI tools (Qlik, Tableau, Power BI, Alteryx) is preferred, Proficiency in JIRA, Confluence design and operation is a plus

What You'll Do.

lead the risk modeling process designing tasks by interacting with model developers

source data providers

and downstream process owners to architect optimal modeling process design

enhance and enforce operational structure to effectively manage the modeling processes

Produce modeling process design documents and operational manual for model process users

UAT test case creation

progressive status tracking and management

support modeling production problem-solving in real time

How You'll Work.

Team & Collaboration

interacting with model developers, model owners, source data providers, and downstream process owners; Collaborate with modeling stakeholders; ability to collaborate effectively at all levels, regions internally and externally; engage key stake holders (internal/external)

Communication Scope

excellent verbal and written communication skills; interpersonal skills; ability to collaborate effectively at all levels, regions internally and externally

Process & Methodology

project planning, implementation, issue remediation, UAT test case creation, progressive status tracking and management, manage projects/teams

Full Job Description

**_Overview_** Centralized Modeling, Analytics and Operations (CMAO), a team within State Street’s Enterprise Risk Management (ERM) department, is looking for an experienced and highly motivated professional with strong skills in modeling process design, data science, problem-solving, and communication. The primary focus for the position will be to work for State Street’s CMAO Modeling Process Design function to provide optimal modeling process designing solutions within ERM. **_Job Description_** The Risk Modeling Process Designer / Analyst, Assistant Vice President, position is based in Princeton, New Jersey. As a member of the CMAO Team, this individual must have in-depth knowledge and experience of models, modeling processes, workflow designing, solid data science and programming skills, and possess excellent verbal and written communication skills for interactions within CMAO as well as with various internal stakeholders and external vendors. **_Primary Responsibilities_** * Take ownership and responsibilities to lead the risk modeling process designing tasks by interacting with model developers, model owners, source data providers, and downstream process owners to architect optimal modeling process design. * Collaborate with modeling stakeholders to enhance and enforce operational structure to effectively manage the modeling processes. * Produce modeling process design documents and operational manual for model process users. * Responsible for project planning, implementation, issue, remediation, UAT test case creation, progressive status tracking and management. * Work with modeling teams to support modeling production problem-solving in real time. **_Qualifications_** * Master’s degree required (preferably in data science, computer science, mathematical finance, statistics, and/or financial engineering). * 3+ years of experience in model development and/or model owner with solid understanding of risk measures/methodologies: Greeks, VAR, Stress Testing and mo

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