What are the responsibilities and job description for the Securities Finance Risk Manager, AVP position at State Street Corporation?
Securities Finance Risk Manager, AVP
You will be part of the Counterparty Credit Risk team within Enterprise Risk Management's Financial Risk organization, responsible for oversight of Global Markets Securities Finance / Repo-Style Transactions. A self-motivated individual with a strong technical aptitude will be involved in the development, implementation, and validation of methodologies covering a broad range of asset classes to oversee counterparty and collateral exposures inherent to the agency lending and principal businesses. Types of monitoring and reporting include qualitative risk analysis and commentary, trend analysis, key risk metrics, and overall risk assessments relevant to the Securities Finance business.
Additionally, the candidate will contribute to the establishment and maintenance of best practices and governance policies pertaining to practices with respect to risk oversight, report compilation, data integrity, and exception management. Ideal candidates will have strong analytical aptitude and attention to detail; be able to investigate and resolve complex data issues; thrive in a team environment; strong SQL and data mining skills; and basic knowledge of the Capital Markets and collateral management.
Key Job Functions
- Assist in the development and roll-out of risk management framework for securities finance businesses
- Work with business to develop risk infrastructures to support the business as it develops any product extensions
- Work with all key stakeholders to ensure a robust and timely management for end-of-day risk
- Work with front office / front office risk to develop meaningful, tangible risk metrics
- Monitor client portfolios to ensure adequacy of firm protections given clients' risk profile
Qualifications
Salary Range :
90,000 - $142,500 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.
Job Application Disclosure :
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street's Speak Up Line
Salary : $90,000 - $142,500
