Senior Quantitative Analyst, Vice President, Hybrid m/f/d

STATE STREET CORPORATION; München; Vor Ort; EUR 110.000 - 170.000; Vollzeit

Zusammenfassung

State Street Corporation in Munich seeks a VP, Senior Quantitative Analyst to join Model Risk Management. You will lead model validations in areas like asset liability management, interest rate risk, stress testing and liquidity risk management.

The role requires advanced degree and at least five years in model validation, with strong programming in R, Python, SAS, Stata or SQL, and excellent communication. You will present findings to senior management and drive improvements across initiatives.

Qualifikationen

• Senior positions require at least 5 years of model validation or relevant experience in a financial services firm.
• Strong written and verbal communication skills.
• Excellent quantitative modeling, analytical, research, and programming skills (R, Python, SAS, Stata, SQL).
• Deep knowledge of theoretical and empirical finance across a broad range of products and asset classes.
• Familiarity with Interest rate and credit spread risk modeling for banks and ALM software such as QRM is a plus.
• Strong project management skills and ability to work independently on multiple projects and meet deadlines.

Aufgaben

• Assessing model theory and assumptions as well as considering modeling methods and alternate options
• Testing and confirming model results by using documented procedures for running models
• Assessing computational accuracy by reviewing code documentation for proper model implementation, including the possible simulation of results
• Assessing the integrity of data inputs
• Assessing the stability and robustness of models by conducting backtesting, sensitivity testing, and stress testing
• Presenting results of model validation work to senior management and making recommendations for improvements

Kenntnisse

R

Python

SAS

Stata

SQL

Quant Modeling

Ausbildung

MS/PhD in Finance/Economics/Financial Engineering/Statistics/Math

Tools

QRM

Jobbeschreibung

VP, Senior Quantitative Analyst, Model Risk Management

We have an exciting career opportunity within State Street’s Model Risk Management (MRM) group, where we're seeking a Senior Quantitative Analyst to join our Model Validation team based in Munich. The Quantitative Analyst will conduct and lead model validations to ensure model risks are correctly identified, assessed, and managed. MRM’s validation work is focused on models in the following general areas: asset liability management, interest rate risk, stress testing and liquidity risk management.

Specific tasks performed during model reviews include:

• Assessing model theory and assumptions as well as considering modeling methods and alternate options
• Testing and confirming model results by using documented procedures for running models
• Assessing computational accuracy by reviewing code documentation for proper model implementation, including the possible simulation of results
• Assessing the integrity of data inputs
• Assessing the stability and robustness of models by conducting backtesting, sensitivity testing, and stress testing
• Presenting results of model validation work to senior management and making recommendations for improvements

Job Qualifications:

• MS or PhD in Finance, Economics, Financial Engineering, Statistics, Math, or related field
• senior positions require at least 5 years of model validation or relevant experience in a financial services firm
• Strong written and verbal communication skills
• Excellent quantitative modeling, analytical, research, and programming skills (e.g. R, Python, SAS, Stata, SQL)
• Deep knowledge of theoretical and empirical finance across a broad range of products and asset classes
• Familiarity with Interest rate and credit spread risk modeling for banks and ALM software such as QRM is a plus
• Strong project management skills exemplified by the ability to work independently on multiple projects and meet deadlines

Are you the right candidate?

Yes! We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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.

Discover more information on jobs at StateStreet.com/careers Read our CEO Statement

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.

Discover more information on jobs at StateStreet.com/careers Read our CEO Statement