State Street

Operational Risk Capital Analyst – Vice President

State Street

full-time

Posted on:

Location Type: Office

Location: Boston • Kansas • Massachusetts • United States

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Salary

💰 $110,000 - $188,750 per year

Job Level

Lead

About the role

  • The Vice President, Operational Risk Capital Analyst, is a key contributor within the Operational Risk Capital, Stress Testing and Scenario Analysis team.
  • This team has responsibility for executing the Comprehensive Capital Analysis and Review (CCAR) stress test for the operational risk workstream.
  • Executing internal stress testing and capital adequacy programs.
  • Producing operational risk capital estimates in support of the Advanced Measurement Approach (AMA).
  • Preparing for implementation of the Basel 3 Endgame requirements.
  • Owning the models and related scenario analysis methodology that support execution of the operational risk component of the ICAAP/ICARA process globally.
  • Interfacing with a diverse group of stakeholders; including senior management, risk and control owners, Business Executives, Audit and regulators to achieve risk measurement and risk management objectives.

Requirements

  • Minimum of at least 8 years of experience in financial services; operational risk / Finance focus preferred
  • Conceptual thinking skills must be complemented by a strong qualitative orientation
  • Impeccable written and oral communication credentials
  • Prior exposure to scenario analysis, stress testing, regulatory reporting and operational risk capital
  • Demonstrated experience driving consensus between competing opinions and objectives across a diverse group of stakeholders with varying levels of expertise
  • Familiarity with SR 15-18 supervisory expectations for capital planning
  • Detail oriented with a demonstrated ability to independently manage and prioritize a book of work spanning multiple strategic priorities
  • Strategic thinker with a demonstrated ability to distill complex, ambiguous information to create effective solutions and insights for leaders
  • Ability to quickly analyze the status quo and identify opportunities for continuous improvement or re-engineering
  • Equivalent to a university degree in business, accounting, finance or related field.
  • Additional academic degree (e.g., MBA, doctorate) beneficial but not required.
Benefits
  • our 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 (excluding certain sales roles subject to sales incentive plans)
  • eligibility for certain tax advantaged savings plans
Applicant Tracking System Keywords

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

Hard Skills & Tools
operational riskstress testingscenario analysiscapital adequacyComprehensive Capital Analysis and Review (CCAR)Advanced Measurement Approach (AMA)Basel 3 Endgame requirementsICAAPICARA
Soft Skills
conceptual thinkingqualitative orientationwritten communicationoral communicationdriving consensusstakeholder managementdetail orientedstrategic thinkinganalytical skillscontinuous improvement
Certifications
university degree in businessuniversity degree in accountinguniversity degree in financeMBAdoctorate