Risk Management - Capital Markets (State Street Bank and Trust Company; Boston, Massachusetts) (multiple positions): Will assist in performing daily risk management for a diverse portfolio of counterparties, including analysis of VaR exposures, collateral delivered under CSAs, stress scenario results, and exposure changes over time; assist in developing python-based risk and margin algorithms; perform daily risk management for a diverse book of top-tier alternative manager portfolios, including analysis of margin levels, stress scenario results, and exposure changes; perform the daily collateralization of a select handful of accounts using a proprietary algorithm, escalating any shortfalls or discrepancies to senior analysts; monitor a list of assigned hedge fund client accounts, including Equity Long/Short, Convertible Arbitrage, and Credit portfolios; maintain and update risk dashboard and models; review prospect portfolios as well as existing client portfolios in "what-if" scenarios to determine the risk impact of new trade opportunities; proactively monitor the geopolitical news and market events that may affect client portfolios; screen and approve collateral for bilateral securities on an ad-hoc basis; and maintain and update collateral schedules for State Street's Agency Lending program. Hybrid remote telecommuting permitted pursuant to company policy.
Minimum Requirements: Master's degree in financial mathematics, Mathematical Science or related quantitative discipline; and 3 years of experience in Securities Finance or related role.
Must have: Demonstrated understanding of VaR, scenario stress testing, CCR, CVA and ISDA/CSA documentation; demonstrated experience working with large sets of trading and market data; strong knowledge of risk factors and characteristics of multiple asset classes, including FX, FX Options, IRS, Convertible Bonds, Corporate Bonds and Equity Swaps; and familiarity with Advent Syncova, Acadia Soft, and Bloomberg. (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific number of years of experience required. All experience can be gained concurrently.)
Salary Range:
$125,112 - $180,000 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 https://hrportal.ehr.com/statestreet/Home.
