Structured Credit Risk – Global Treasury Risk Management – Vice President
| Company | State Street |
|---|---|
| Location | Boston, MA, USA, Stamford, CT, USA, Paterson, NJ, USA |
| Salary | $120000 – $187500 |
| Type | Full-Time |
| Degrees | Bachelor’s, Master’s |
| Experience Level | Senior, Expert or higher |
Requirements
- 7+ years’ experience in fixed income capital markets, Treasury activities, or risk management area within a financial institution and 3+ years of structured asset credit risk experience
- Bachelor’s degree in economics, finance, or other quantitative discipline required
- Master’s degree in economics, finance, or other related field, with quantitative background a plus
- Analytical background and good knowledge of quantitative methods applied to finance
- Ability to manage large amounts of data to perform complex quantitative and qualitative analyses
- Proficiency in Intex required
- Self-starter with willingness to work in a fast-paced, high-energy level environment
- Independent and critical thinking skills and strong financial acumen
- Team player with unquestionable integrity and ethical standards
- Strong work ethic and highly organized to manage multiple deliverables
- Ability to gain trust and respect of business partners
- Effective verbal and written communication skills
Responsibilities
- Providing independent oversight of bank’s $10B+ structured asset securities portfolio comprised of ABS, CMBS, RMBS, and CLOs
- Actively supporting the independent oversight of GT’s credit risk (e.g., asset class and issuer limits, independent reviews, governance reporting, support Comprehensive Capital Analysis and Review (CCAR) and Current Expected Credit Losses (CECL) analysis, etc.)
- Monitoring market developments within assigned asset classes and communicating potential impacts associated with securities held in GT’s investment portfolio to management and relevant governance committees
- Serving as a Subject Matter Expert (SME) by providing market and asset‑class color in support of CCAR and CECL modeling efforts
- Playing a key role in expanding credit risk oversight process and participating in special projects and review Treasury’s new business initiatives
- Monitoring investment portfolio performance at asset-class and transactional level by maintaining and enhancing surveillance reporting for assigned structured asset classes
- Engaging with investment portfolio managers to ensure GT’s investment strategy is understood and existing limits are appropriate
- Supporting modeling team in their development efforts by providing market intelligence and perspective on potential portfolio performance
- Ensuring appropriate escalation of relevant risk information to senior management and regulators
- Assisting in enhancing and calibrating asset-class and issuer policies and guidelines
- Performing and documenting analyses and processes to enhance team’s overall framework
Preferred Qualifications
- Experience modeling structured asset products in CCAR/CECL framework a plus
- Proficiency in modeling languages and Intex’s wrapper a plus