Quantitative Risk, AVP
- Employer
- State Street Corporation
- Location
- Kraków, Poland
- Salary
- Competitive
- Closing date
- Feb 8, 2023
View more
- Job Function
- Risk Management
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
You need to sign in or create an account to save a job.
Job Posting Title
Model Development Quantitative Analyst, Assistant Vice President
Who we are looking for
This is a quant position in State Street's Centralized Modelling and Analytics team within ERM. Candidates need to have a profound understanding of quantitative finance and statistics, accompanied by good coding skills in R, Python and/or other programming languages.
A successful candidate will be responsible for creating or enhancing financial models, preparing their model development codes and model documentation, liaising with business and model validation.
Currently, we are searching for a senior model developer with an emphasis on ALM/Balance Sheet and credit risk models.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As a Model Development Quantitative Analyst working for CMA you will be responsible for various model development activities such as:
What we value
These skills will help you succeed in this role
Education & Preferred Qualifications
Model Development Quantitative Analyst, Assistant Vice President
Who we are looking for
This is a quant position in State Street's Centralized Modelling and Analytics team within ERM. Candidates need to have a profound understanding of quantitative finance and statistics, accompanied by good coding skills in R, Python and/or other programming languages.
A successful candidate will be responsible for creating or enhancing financial models, preparing their model development codes and model documentation, liaising with business and model validation.
Currently, we are searching for a senior model developer with an emphasis on ALM/Balance Sheet and credit risk models.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As a Model Development Quantitative Analyst working for CMA you will be responsible for various model development activities such as:
- Assisting in development, enhancement and maintenance of various risk models (Credit Risk, AML etc.)
- Suggesting and investigating available modelling approaches for given model uses
- Assessing model theory and modelling assumptions as well as considering alternative modelling approaches
- Creating and/or enhancing model development code
- Preparation of technical documentation and the implementation plan
- Visualizing and articulating complex analyses to non-expert audiences, committees and senior management
- Liaising with model validation team
What we value
These skills will help you succeed in this role
- Profound knowledge of quantitative finance and statistics
- Knowledge of ALM / Balance Sheet models and Credit Risk models would be an asset
- Good grasp of data analysis and data management
- Good coding skills with experience in either R, Python, Matlab, SAS and/or SQL
- Ability to gain trust and respect of business partners
- Good communication skills
- Very good knowledge of English
- Ability to execute on competing priorities in a timely manner
Education & Preferred Qualifications
- At least 4 years of experience in roles related to quantitative finance or quantitative research (model validation, model development, model audit, ALM etc.)
- PhD in related disciplines or Master's degree with extensive business knowledge and strong technical skills (e.g. Statistics, Econometrics, Financial Mathematics, Computer Science or Engineering);
- CFA, FRM or PRM designation a plus
You need to sign in or create an account to save a job.
Sign in to create job alerts
Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.
Create alert