What are the responsibilities and job description for the Quantitative Risk, Vice President position at State Street Corporation?
Who we are looking for
Learn more about the general tasks related to this opportunity below, as well as required skills.
State Street's Global Model Risk Management (MRM) is seeking a Senior Validation Leader who will lead the Treasury Model Validation Team. The Senior Validation Leader must promote risk excellence culture and understand how the execution of Model Risk Management contributes critically to this key initiative, and have the ability to influence across business line or reporting relationships to obtain the broad consensus required for the success of important MRM initiatives. In addition, the Senior Validation Leader must be capable of establishing the requisite stature, expertise, and overall credibility to successfully manage the validation team of high intellects. This role will report to the Global Head of Model Validation.
What you will be responsible for
As a Senior Validation Leader, you will :
- Manage a team of 10 quantitative analysts located in US, Germany and Poland.
- Form a strong rapport with SST corporate and SSBI business leaders and risk managers to raise on model specific issues.
- Provide support for SST corporate and SSBI in meeting the regulatory expectations by providing an effective and robust challenge for the SST and SSBI models serving a regulatory purpose.
- Responsible for addressing internal / external Audit, Federal Reserve Board (FRB) and European Central Bank (ECB) inquiries on model validations performed in her / his space.
- Work closely with the Global Head of Model Validation to develop strategies that apply innovative thinking to transform and reengineer the current operating model and spearhead the execution of these strategies.
- Recruit, train, and mentor the MVG staff, while fostering an environment of open challenge and debate.
- Manage co-sourcing resources, integrate consulting resources into the MVG teams.
What we value
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.
J-18808-Ljbffr
Salary : $120,000 - $202,500
