State Street

Equity Swaps Market Risk Manager

State Street

full-time

Posted on:

Location Type: Office

Location: Clifton • Connecticut, New Jersey • 🇺🇸 United States

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Salary

💰 $125,000 - $200,000 per year

Job Level

SeniorLead

Tech Stack

PythonSQL

About the role

  • Provide global independent risk oversight of market risk and identify risks and drivers
  • Develop and maintain a risk management framework including risk limits and governance controls
  • Help develop and implement risk management systems and enhanced risk management tools
  • Collaborate with Model Analytics team in implementation of market risk metrics and models
  • Perform stress testing, identify portfolio vulnerabilities and support stress testing scenario design
  • Monitor market risk limits and appropriately escalate exceptions
  • Analyze, implement and ensure adherence to established regulatory requirements
  • Develop good working relationships across teams and contribute to risk and regulatory projects

Requirements

  • 7+ years of experience in market risk, ideally within a major bank
  • 3+ years of experience in risk managing Equity Swaps required
  • Strong understanding of equity swaps and swap structures including equity index/basket swaps
  • Bachelor's or advanced degree in economics, finance, quantitative or related field required
  • Strong quantitative background and experience in risk modelling with ability to take model ownership
  • Excellent systems skills and ability to develop prototypes using Python and SQL
  • Experience using Bloomberg/Reuters preferred
  • Critical thinking and analytical skills
  • Comfortable in conflict resolution
Benefits
  • Generous medical care
  • Insurance and savings plans
  • 401K with company match
  • Paid-time off including vacation, sick leave, and family care responsibilities
  • Access to Employee Assistance Program
  • Incentive compensation with eligibility for annual performance-based awards
  • Certain tax advantaged savings plans
  • Educational support

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
market risk oversightrisk management frameworkrisk management systemsstress testingrisk modellingPythonSQLequity swapsswap structuresportfolio analysis
Soft skills
critical thinkinganalytical skillsconflict resolutioncollaborationrelationship building