Risk Management – Capital Markets
About The Position
Risk Management – Capital Markets (State Street Bank and Trust Company; Boston, Massachusetts) (multiple positions): Will assist in performing daily risk management for a diverse portfolio of counterparties, including analysis of VaR exposures, collateral delivered under CSAs, stress scenario results, and exposure changes over time; assist in developing python-based risk and margin algorithms; perform daily risk management for a diverse book of top-tier alternative manager portfolios, including analysis of margin levels, stress scenario results, and exposure changes; perform the daily collateralization of a select handful of accounts using a proprietary algorithm, escalating any shortfalls or discrepancies to senior analysts; monitor a list of assigned hedge fund client accounts, including Equity Long/Short, Convertible Arbitrage, and Credit portfolios; maintain and update risk dashboard and models; review prospect portfolios as well as existing client portfolios in “what-if” scenarios to determine the risk impact of new trade opportunities; proactively monitor the geopolitical news and market events that may affect client portfolios; screen and approve collateral for bilateral securities on an ad-hoc basis; and maintain and update collateral schedules for State Street’s Agency Lending program. Hybrid remote telecommuting permitted pursuant to company policy.
Requirements
- Master’s degree in financial mathematics, Mathematical Science or related quantitative discipline
- 3 years of experience in Securities Finance or related role
- Demonstrated understanding of VaR, scenario stress testing, CCR, CVA and ISDA/CSA documentation
- Demonstrated experience working with large sets of trading and market data
- Strong knowledge of risk factors and characteristics of multiple asset classes, including FX, FX Options, IRS, Convertible Bonds, Corporate Bonds and Equity Swaps
- Familiarity with Advent Syncova, Acadia Soft, and Bloomberg
Responsibilities
- Performing daily risk management for a diverse portfolio of counterparties, including analysis of VaR exposures, collateral delivered under CSAs, stress scenario results, and exposure changes over time
- Developing python-based risk and margin algorithms
- Performing daily risk management for a diverse book of top-tier alternative manager portfolios, including analysis of margin levels, stress scenario results, and exposure changes
- Performing the daily collateralization of a select handful of accounts using a proprietary algorithm, escalating any shortfalls or discrepancies to senior analysts
- Monitoring a list of assigned hedge fund client accounts, including Equity Long/Short, Convertible Arbitrage, and Credit portfolios
- Maintaining and updating risk dashboard and models
- Reviewing prospect portfolios as well as existing client portfolios in “what-if” scenarios to determine the risk impact of new trade opportunities
- Proactively monitoring the geopolitical news and market events that may affect client portfolios
- Screening and approving collateral for bilateral securities on an ad-hoc basis
- Maintaining and updating collateral schedules for State Street’s Agency Lending program
Benefits
- retirement savings plan (401K) with company match
- insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- access to our Employee Assistance Program
- incentive compensation including eligibility for annual performance-based awards
- eligibility for certain tax advantaged savings plans
- inclusive development opportunities
- flexible work-life support
- paid volunteer days
- vibrant employee networks
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
