Position Description
The Investment Risk position is a senior role within the SSGA ERM Investment Risk team. This person will work with a team of risk specialists to create, improve, and implement investment risk processes for SSGA. Functional responsibility will include providing risk oversight for portfolio exposures, covering a range of areas fixed income, cash, currency, private credit, and regulatory issues and reporting.
This position requires the ability to grasp complex concepts coupled with a solid understanding of the various different fixed income assets and financial instruments, risk measurement and analytics, quantitative modeling, and risk management techniques. The role involves interactions with SSGA investment teams globally, including portfolio management, product management, legal, and operations, depending on the task at hand. The position requires interaction with senior management, and ability to effectively communicate, in both written and verbal form, complex analytical processes to clients and regulators globally.
The individual should be well versed in a wide range of quantitative methods and financial products as well as have a demonstrated ability to work on independent projects with limited supervision as well as contribute in a team setting.
Qualifications, Skills And Experience
- 8 - 10 years’ experience in data analysis, risk management, and/or risk systems
- Strong knowledge of stress testing and securities markets (fixed income, currency, or cash) in investment management, risk management, consulting, and/or an analytical systems
- Ability to recognize broad economic trends, determine risk implications beyond the portfolio level, and communicate the resulting risks
- Experience with risk concepts and database tools are required, with specific skills in Bloomberg considered a plus
- Programming skills (R, VBA, Matlab) is a plus
- Skill in Tableau design is a plus
- Proven project management, team-building, interpersonal, and analytical skills
- Strong multitasking skills, ability to successfully manage a number of work streams to deadlines and standards of quality
- Strong communication skills, both written and oral, with the ability to work with all levels of personnel across the organization, including senior executives
- High degree of attention to detail and focus on efficient and error-free execution
- Bachelor’s or Master’s degree in business-related field or equivalent experience. CFA or FRM a plus
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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
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.
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
Job ID: R-760625
