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Quantitative Analyst, Officer

State Street

State Street is a leading provider of financial services to institutional investors around the world.

Who we are looking for

The Centralized Modeling & Analytics (CMA) team within State Street’s Enterprise Risk Management (ERM) organization is looking for an experienced quantitative analyst to join our team in Boston, MA.

Why this role is important to us

The CMA organization provides analytics based services and solutions to business units across State Street. Our mission is to create value through data driven solutions enabling State Street and our business partners to make timely and informed decisions. The team you will be joining plays an important role in the overall success of the organization. In this 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.

What you will be responsible for

This role will be part of the CMA team focusing on financial risk projects. CMA team provides support in the development, deployment, and documentation of tools and methods for assessing various aspects of credit, operational, and compliance risk to State Street.

This role will:

  • Build and enhance a variety of models or advanced analytical tools around different BAU purposes and regulations such as Basel III, CCAR and CECL
  • Create actionable, automated reporting tools/packages to assist visualization of results, model implementation and quantitative analytics
  • Perform sensitivity analyses to respond to ad hoc inquiries
  • Partner any other tasks with business units to support their analytics need

What we value

These skills will help you succeed in this role

  • Strong verbal and written communication skills, with ability to articulate ideas, analysis and complex concepts effectively to broad audiences
  • A demonstrated ability to work independently on complex projects as well as the ability to be a team player in a fast-paced, high-energy level environment
  • Competence and confidence to gain credibility and collaborate for success across the organization

Education & Preferred Qualifications

  • Masters’ or PhD in Economics, Statistics, Mathematics, Risk Management or related field
  • Ability to understand, visualize and communicate quantitative results to expert and non-expert audiences
  • 1+ years of credit risk or operational risk quantitative experience in large, complex financial institutions
  • 1+ years of experience with programming language using one or two of following: SAS, Python, R, Matlab, Tableau, Excel and SQL with structured and non-structured data mart
  • Knowledge of wholesale credit market, from both quantitative credit or market risk experience is a plus
  • Professional designations (CFA, FRM) preferred but not required

COVID-19 Protocols: Complying with State Street’s COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.

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Quantitative Analyst, Officer

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Contact us

State Street

State Street is a leading provider of financial services to institutional investors around the world.

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