Full-Time

Securities Finance Risk Manager

Posted on 2/3/2025

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$90k - $142.5kAnnually

Mid, Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Category
Risk Management
Finance & Banking
Required Skills
Python
Financial analysis
MATLAB
C/C++
VBA

You match the following State Street's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 4+ years of experience in a capital markets environment, having exposure to market risk, counterparty risk, collateral management or trading
  • Experience in the financial analysis/quants or risk analytics dealing with security modelling, market data, pricing and risk methodology
  • Experience with a broad spectrum of fixed income products, financial quantitative techniques, and stochastic financial modelling
  • Be able to identify problems and limitations, propose solutions or proactively address them directly
  • Be able to provide prototype implementations and work closely with IT and other groups
  • Be able to write clear and precise technical documentation describing processes and risk methodologies
  • Hold a graduate degree in a quantitative science, physics, mathematics, quantitative finance
  • Strong programming skill with Matlab, C++, Python, and/or VBA; familiar with statistics software or third-party software such as RiskMetrics is a plus
  • Strong verbal, written communication and interpersonal skills that promote effective working relationships in a team-oriented environment
Responsibilities
  • 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
Desired Qualifications
  • Professional certifications (e.g., CFA, FRM) is desirable

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing boosts State Street's asset management division.
  • Digital asset trends create new opportunities for State Street's custody services.
  • Passive investing growth allows State Street Global Advisors to expand ETF offerings.

What critics are saying

  • Increased competition from BlackRock and Vanguard threatens State Street's market share.
  • Interim CFO appointment may cause instability in financial leadership.
  • Investments in volatile biotech stocks expose State Street to financial risk.

What makes State Street unique

  • State Street excels in integrating ESG factors into investment strategies.
  • The company is a leader in secure digital asset custody services.
  • State Street leverages advanced data analytics to enhance financial services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Work Hours

Remote Work Options

Professional Development Budget

Tuition Reimbursement

Paid Holidays

Employee Referral Bonus