Quantitative Risk Analyst, Model Risk Management, Assistant Vice President

State Street UK

Multiple Locations
$90,000 - $157,500 annual py
On-site
Model risk management
Quantitative analysis
Financial modeling
State Street UK is seeking a Quantitative Risk Analyst for its Model Risk Management team, focusing on model validation across various financial risks. The ideal candidate will possess strong quantitative skills and relevant experience in model validation, alongside effective communication and project management abilities

Job Summary

  • Conduct model validation to ensure model risks are correctly identified, assessed, and managed.
  • Assess model theory, assumptions, computational accuracy, data integrity, and model stability.
  • Present results of model validation work to senior management and make recommendations for improvements.

Matching Summary

Match Score: 85

State Street UK is seeking a Quantitative Risk Analyst for its Model Risk Management team, focusing on model validation across various financial risks. The ideal candidate will possess strong quantitative skills and relevant experience in model validation, alongside effective communication and project management abilities.

Salary

$90,000 - $157,500 Annual

Skills & Requirements

Must-have

  • model risk management
  • quantitative analysis
  • financial modeling
  • data analysis
  • Python
  • R
  • SAS

Nice-to-have

  • liquidity risk modeling
  • asset liability management
  • interest rate risk modeling
  • stress testing models

Key Requirements

  • MS or PhD in Finance, Economics, Financial Engineering, Statistics, Math, or related field
  • 2-3 years of experience in model validation or quantitative finance
  • Excellent quantitative modeling, analytical, research, data analysis and programming skills
  • Strong knowledge of theoretical and empirical finance
  • Good written and verbal communication skills
  • Strong project management skills

Work Rights

Not specified

Tailored Resume

Cover Letter