AVP Credit Risk Modeler — Quantitative Risk & Modeling

State Street; Stamford (CT); On-site; USD 90,000 - 157,500; Full time

Benefits offered by this job

401K with company match

Medical, dental, and vision insurance

Paid-time off including vacation and sick leave

Job summary

State Street is looking for an Assistant Vice President and Credit Risk Modeler to join their team, based in New Jersey, Connecticut, or Boston. This role focuses on developing cutting-edge credit risk models and requires strong analytical skills and leadership qualities.

The ideal candidate should have a PhD in statistics or econometrics and a solid background in programming. This role is essential for managing risk and driving performance within the financial services industry.

Qualifications

• 3-5 years experience for MS or 2+ years for PhD in credit risk modeling.
• Strong analytical and quantitative mindset.
• Leadership skills and an ability to motivate teams.

Responsibilities

• Develop credit risk models for various portfolios.
• Review and enhance credit risk analytical methodology.
• Prepare reports for model risk management and regulators.

Skills

Quantitative modeling

Credit risk methodology

Python

R

C/C++

SQL

Education

PhD in statistics or econometrics

Undergraduate degree in mathematics

Tools

Statistical software

Analytical library development

Job description

State Street is looking for an Assistant Vice President and Credit Risk Modeler to join their team, based in New Jersey, Connecticut, or Boston. This role focuses on developing cutting-edge credit risk models and requires strong analytical skills and leadership qualities.

The ideal candidate should have a PhD in statistics or econometrics and a solid background in programming. This role is essential for managing risk and driving performance within the financial services industry.