Who we are looking for You are a recent graduate and/or a young professional with up to two years experience? Join the risk management function at State Street, one of the world’s leading financial institutions, as a Junior Risk Analyst. We are looking for your support in our Internal Capital Adequacy Assessment Process (ICAAP) Team in Munich. What you will be responsible for Depending on your skills and preferences, in the ICAAP team you will Get a broad understanding of risk management in general and capital adequacy in particular Coordinate monthly ICAAP reporting to senior management, including data preparation, data analysis, preparing presentation materials and performing quality controls Contribute to the annual ICAAP submission to the European Central Bank through working on adverse/stress scenarios that explore the bank’s key vulnerabilities and collaborating with key stakeholders such as risk, finance and treasury Maintain governance framework around ICAAP through process documentation and updates Provide ICAAP-related inputs to various regulatory deliverables of the bank. Help to ensure that the bank complies with the applicable regulatory requirements Support the ad-hoc reporting processes for capital adequacy, e.g. in case of requests from the ECB, the Bank’s supervisory board or its senior management What we value These skills will help you succeed in this role Excellent analytical skills, fast learner, ability to identify challenges and propose solutions High degree of pragmatism with a solution-oriented approach Strong team player – able & interested in working in an international environment Good knowledge of Microsoft Office Excel Education & Preferred Qualifications You have a Master’s degree in economics, business administration and/or finance You are a recent graduate or a young professional with up to two years of experience, ideally in a risk management function You are proficient in written and spoken English and German Previous experience in risk modelling, stress testing and project management would be a plus About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. Discover more at StateStreet.com/careers Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. As an Affirmative Action/Equal Opportunity Employer, we consider applications for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender, 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. For more information, for U.S. jobs only, please read our CEO Statement.