develop quantitative models and tools to assess and analyze risks associated with State Street’s investment portfolio
utilize advanced quantitative skills to develop interest rate risk, credit risk and liquidity risk models
document, defend, and conduct ongoing monitoring of model performance through advanced statistical testing and sensitivity analysis
write clear technical documentation as well as present and defend results to independent Model Validation team, senior management, and regulators
collaborate with business partners in the model development process
implement model in Python/R in a controlled environment

Requirements

Master’s degree or PhD degree in quantitative discipline
At least 3 years of quantitative modeling experience in a financial institution
In-depth understanding of statistics, econometrics, multivariate regressions, machine learning and other quantitative finance topics
Advanced proficiency in using Python and R to perform large dataset analysis and build quantitative models
Solid knowledge in financial markets and fixed income products
Demonstrated experience in credit risk management, interest rate risk and/or asset liability management
Working knowledge in QRM is a plus
Ability to communicate complex concepts to broad audiences

Benefits

comprehensive benefits program
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

Applicant Tracking System Keywords

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

Hard skills

quantitative modelingstatistical testingsensitivity analysismachine learningmultivariate regressiondata analysiscredit risk managementinterest rate riskasset liability managementfinancial modeling

Soft skills

communicationcollaborationpresentationdefense of resultsdocumentation

Certifications

Master’s degreePhD degree