Quantitative Analyst, Model Risk Management, Assistant Vice President

State Street

Boston, MA, US
Base: $90,000 - $157,500 annual; bonus/equity: eli...
Model validation experience in financial services
Statistical techniques and machine learning methods
Interpretation of basel and ccar regulatory requirements
The Quantitative Analyst will perform validations on models such as market risk, counterparty credit risk, and trading algo models to ensure risks are correctly identified and managed

Job Summary

  • The Quantitative Analyst will perform validations on models such as market risk, counterparty credit risk, and trading algo models to ensure risks are correctly identified and managed.
  • Candidates must interpret and apply regulatory requirements like Basel and CCAR while staying current with academic research and industry practices.
  • Employees are eligible for a comprehensive benefits program including a 401K with company match, insurance coverage, paid-time off, and incentive compensation.

Matching Summary

The Quantitative Analyst will perform validations on models such as market risk, counterparty credit risk, and trading algo models to ensure risks are correctly identified and managed.

Salary

Base: $90,000 - $157,500 annual; Bonus/Equity: Eligible for annual performance-based awards; Benefits: 401K match, insurance, PTO, EAP

Skills & Requirements

Must-have

  • Model validation experience in financial services
  • Statistical techniques and machine learning methods
  • Interpretation of Basel and CCAR regulatory requirements

Nice-to-have

  • Strong project management skills
  • Ability to work independently on multiple projects
  • Cutting-edge solution development mindset

Key Requirements

  • MS or PhD in quantitative discipline
  • 2-3 years of model validation experience
  • Proficiency in MATLAB, R, Python, SAS, Stata, or SQL

Work Rights

Not specified

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