Quantitative Risk, Vice President

Quantitative Risk Vice President

An experienced professional with a strong technical and quantitative aptitude to act as Quantitative Risk Vice President. This role will report to senior model validation lead, within Model Risk Management Department.

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

As Quantitative Risk, Vice President you will :

• Lead a team under the supervision of senior model validation lead to conduct model validation activities :
• Perform validations on models such as market risk, counterparty credit risk, trading algo and compliance risk (such as AML) models.
• Understand regulatory requirement such as Basel, CCAR and AML and keep abreast of recent developments in academic research, industry practice and regulatory expectations as related to market risk, counterparty credit risk, trading algo and compliance risk models.
• Streamline the existing validation and analytical process and improve execution efficiency to meet business needs
• Perform deep analysis on large scale datasets through applying statistical analysis or machine learning approaches.
• Conduct quantitative analysis to evaluate and quantify risks of various models.
• Communicate with model developers and business to relay the issues and feedback and capture the action plans.
• Prepare and present required reports / reviews to management and regulators.

These skills will help you succeed in this role :

Education & Preferred Qualifications :

Salary Range : $120,000 - $202,500 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.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.