Counterparty Credit Risk Manager, Assistant Vice President

Counterparty Credit Risk ManagerThe position is for a Counterparty Credit Risk Manager within the Global CCR team, which is part of the wider Financial Risk team within the Enterprise Risk Management Division. The team is primarily responsible for the oversight of credit risks arising from the activities within State Street Markets business unit (SSM) and Global Treasury. SSM, a division of State Street Bank & Trust Co., engages in a variety of capital markets business activities, including securities finance, funding and collateral transformation, and sales and trading in foreign exchange markets. The position is for a self-motivated CCR Manager with a strong technical and quantitative aptitude providing CCR oversight as part of the Global CCR team.As CCR Manager you will:Authorize trades for counterparties across SFT, OTC and PB products based on pre trade stress analysis and risk appetiteImprove credit risk governance and monitoring practices across the CCR portfolioContribute to enhancing CCR limit framework and risk management systems to support new business products and initiatives.Develop good working relationships with traders and business analysts within SSM and other business units, and with support functions and technology departmentsContribute to risk and/or regulatory projects; independently driving forward assigned tasksThese skills will help you succeed in this role:Relevant work experience in the financial services industry within credit risk managementKnowledge in derivative products (FX, Interest Rates, and Equities) across SFT, OTC and Prime Brokerage activities and exposure models (PFE, VaR…)Ability to identify problems and limitations, propose solutions or proactively address them directlySelf-motivated and able to work independently with excellent time-management skillsAbility to cooperate with others and foster an environment that supports effective teamworkStrong critical thinking ability; promote and support a culture of challenge and risk excellenceComfortable in conflict resolution as appropriate with others and in a matrix organizationHighest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirementsEducation & Preferred Qualifications:4+ years of experience in a capital markets environment, having exposure to credit risk, counterparty risk, collateral management or tradingHold a graduate degree in a quantitative science, physics, mathematics, quantitative financeExperience with a broad spectrum of fixed income products, financial quantitative techniques, and financial modellingProgramming skills with SQL, Python; familiar with statistics software or third-party software such as Bloomberg and RiskMetrics is a plusBe able to provide prototype implementations and work closely with IT and other groupsBe able to write clear and precise technical documentation describing processes and risk methodologiesStrong verbal, written communication and interpersonal skills that promote effective working relationships in a team-oriented environmentSalary Range: $90,000 - $157,500 AnnualThe 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.Employees are eligible to participate in State Street's comprehensive benefits program, which includes: 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); and, eligibility for certain tax advantaged savings plans.