Quantitative Risk Analyst, Assistant Vice President

State Street UK

Boston, United States
$110,000 - $177,500 annual; not specified; compreh...
Quantitative modeling skills
Model validation experience
Financial risk management
The Quantitative Risk Analyst will conduct model validation to ensure model risks are correctly identified, assessed, and managed across the global asset management business

Job Summary

  • The Quantitative Risk Analyst will conduct model validation to ensure model risks are correctly identified, assessed, and managed across the global asset management business.
  • Specific tasks include reviewing model workflow, challenging methodology, evaluating model performance, and collaborating with various stakeholders.
  • Employees are eligible to participate in State Street’s comprehensive benefits program, which includes a retirement savings plan, insurance coverage, and paid-time off.

Matching Summary

The Quantitative Risk Analyst will conduct model validation to ensure model risks are correctly identified, assessed, and managed across the global asset management business.

Salary

$110,000 - $177,500 Annual; Not specified; Comprehensive benefits program

Skills & Requirements

Must-have

  • Quantitative modeling skills
  • Model validation experience
  • Financial risk management
  • Programming skills (R, Python, MATLAB, SQL)
  • Asset management business knowledge
  • SR 11-7 Model Risk Management Framework

Nice-to-have

  • LLM/GenAI application experience
  • Diverse product knowledge
  • Strong communication skills
  • Project management skills

Key Requirements

  • MS or PhD in Finance, Economics, Financial Engineering, Statistics, Math
  • Excellent quantitative modeling, analytical, research, and programming skills
  • Strong understanding of asset management business
  • Proven ability to leverage LLMs/GenAI
  • Solid understanding of Model Risk Management Framework
  • Strong written and verbal communication skills
  • Strong project management skills

Work Rights

Not specified

Tailored Resume

Cover Letter