The CMAO team supports the development, deployment, and monitoring of risk assessment tools to ensure compliance with regulatory requirements such as Basel, CCAR, CECL, IFRS 9, and ICAAP
Job Summary
The CMAO team supports the development, deployment, and monitoring of risk assessment tools to ensure compliance with regulatory requirements such as Basel, CCAR, CECL, IFRS 9, and ICAAP.
This role involves maintaining and enhancing the monitoring framework for wholesale credit risk models, performing statistical analyses, and preparing technical documentation for various internal and external stakeholders.
State Street offers inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks to foster an empowering work environment.
Matching Summary
The CMAO team supports the development, deployment, and monitoring of risk assessment tools to ensure compliance with regulatory requirements such as Basel, CCAR, CECL, IFRS 9, and ICAAP.
Skills & Requirements
Must-have
Wholesale credit risk modelling
Statistical and econometric analysis
Model performance monitoring
Programming in R, Python, SAS, or SQL
Regulatory compliance with Basel and CCAR
Nice-to-have
Strong written and verbal communication
Project management skills
Collaboration across business units
Experience in banking sector risk management
Key Requirements
Masters or PhD in related quantitative field
Experience in credit risk
Familiarity with regulatory frameworks Basel, CCAR, CECL, IFRS 9, ICAAP