Client implementation & service, assistant vice president

State Street; Toronto; On-site; CAD 129,000 - 200,000; Full time

Benefits offered by this job

Flexible work programs

Professional development

Paid volunteer days

Employee networks

Job summary

State Street's Risk Analytics Client Service, AVP role focuses on delivering market, liquidity and derivative risk reporting to clients, building strong relationships and guiding data governance and KPI oversight.

The ideal candidate has a finance/economics degree, 3+ years in market risk or liquidity/derivatives risk and solid quantitative skills, with SQL, Python and VBA experience to support risk analytics and client services.

Qualifications

• Degree in Finance/Economics or related field.
• FRM or CFA qualification an advantage.
• Strong mathematical and quantitative skills.
• Strong analytical ability and problem solving skills.
• Familiarity with SQL, Python and VBA coding.
• Experience with Bloomberg or Reuters is advantageous.
• Regulatory risk knowledge (VaR, stress testing) is a plus.

Responsibilities

• Review and deliver market risk, derivative and liquidity risk files and reports to clients.
• Perform root cause analysis on risk analytics and data issues.
• Plan and develop key client requirements and new functionality.
• Provide client support and product demonstrations to users.
• Lead or assist on implementation projects for risk clients.
• Coordinate with departments to communicate issues and improvements.
• Conduct user acceptance testing for new products or enhancements.
• Support AI-enabled efficiency initiatives and document procedures.

Skills

Strong mathematical and quantitative

Analytical ability

Problem solving

Advanced Excel

Education

Degree in Finance/Economics or related field

FRM or CFA qualification

Tools

SQL

Python

VBA coding

Bloomberg / Reuters

Job description

Who we are looking for

The Risk Analytics Client Service, AVP role will be responsible for the successful execution of the client service function for allocated Asset Owners and Asset Managers where we are required to provide market risk, liquidity risk, and derivative risk management services. This will involve responsibility for the daily review and delivery of risk reporting to multiple clients as well as developing key client relationships. The role will also actively be involved with and/or leading in the areas of data governance, KPI oversight, client communication and new client onboarding. Additionally emphasis will be given to supporting pre-sales & sales activities and working closely with Business Development teams in the region.

This is an ideal opportunity to work closely with NAV, Financial Engineering, Product, and Software Development teams leveraging strong technical risk management, project management, and communication/people skills.

The successful candidate will have a degree in Finance or a related field and have at least 3 years of experience in a market risk and/or Liquidity and Derivatives risk role with exposure to regulatory reporting.

This role would be particularly suited to a candidate with a strong mathematical background who is interested in quantitative techniques and risk analysis.

What you will be responsible for

As Risk Analytics Client Service, AVP you will:

• Review and deliver market risk, derivative and liquidity risk files and reports to existing clients.

• Perform root cause analysis in terms of risk analytics, historical market data and fund transparency data issues.

• Play a key role in the planning & development of key client requirements

• Assist on specifying new functionality to provide a greater user experience for clients and internal users

• Provide client support, help resolve client issues, and demonstrate a firm understanding of the product to users (risk or compliance managers, portfolio managers, traders etc.)

• Lead/assist on implementation projects for new or expanding risk clients.

• Communicate issues to different departments within the firm and to various groups within the risk team.

• User acceptance testing of new products or enhancements to existing products.

• Engage in department-wide initiatives improve efficiencies and accuracy via AI enablement

• Assist in ensuring consistent operational procedures are well documented, maintained and followed

• Other project-based tasks as required.

Education and Preferred Qualifications

• Degree in Finance/Economics or related field.

• FRM or CFA qualification an advantage

• Strong mathematical and quantitative skills

• Strong understanding of risk management techniques including VaR, Stress Testing & Exposures

• Strong analytical ability and problem solving skills

• Strong familiarity with financial products and data

• Familiarity with SQL, Python, and experience with VBA coding is preferred

• Familiarity with regulatory risk requirements (SEC Liquidity Rule, SEC Derivatives Rule, SEC Money Market Rule, SEC Names Rule..) an asset

• Proven work experience with Advanced Excel.

• Bloomberg and/or Reuter’s knowledge will be advantageous

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Salary Range:

$91,000 - $140,500 Annual

The 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.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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