AVP Front Office Credit Risk Analyst - Capital Markets

STATE STREET CORPORATION; Boston (MA); On-site; USD 90,000 - 158,000; Full time

Benefits offered by this job

401K with company match

Comprehensive benefits package

Paid time off and family care

Job summary

State Street Corporation in Boston is seeking an AVP to join the SSM Risk and FRM team. The role focuses on first-line credit risk management across multiple business units, including Financing Solutions, FX Sales & Trading, and Portfolio Solutions.

The ideal candidate will have capital markets experience with FX and OTC derivatives, 3-5 years in counterparty credit risk, and strong communication skills. The position requires at least four days in the office per week and offers comprehensive

Qualifications

• Bachelor's Degree or equivalent in economics or business-related field.
• 3-5 years’ experience in counterparty credit risk.
• Formal credit training is strongly preferred.
• Professional designation (CFA, FRM) preferred but not required.
• Strong risk management and control focus.
• Ability to multi-task in a fast-paced, deadline-oriented environment.
• Strong verbal and written communication skills.

Responsibilities

• Conduct credit reviews of counterparties and prospects within each SSM business line.
• Partner with sales and relationship management teams to ensure timely and thorough credit analysis of new relationships.
• Negotiate client-facing credit terms in agreements for all SSM counterparties and ensure appropriate monitoring of ATEs.
• Manage the collection of up-to-date financial information for all counterparties.
• Participate in periodic and ad-hoc due diligence calls and visits.
• Proactively review and analyse credit utilisation reports and investigate any over-limit conditions.
• Help manage the relationship between Front Office Risk and Enterprise Risk Management.
• Inform Enterprise Risk Management of all relevant counterparty developments.
• Perform any other tasks assigned to support the Front Office Credit and Market Risk teams.

Skills

Counterparty credit risk

Credit risk analysis

Financial markets knowledge

Communication skills

Multi-tasking

Education

Bachelor's degree in economics or business

Advanced degree preferred

Job description

State Street Corporation in Boston is seeking an AVP to join the SSM Risk and FRM team. The role focuses on first-line credit risk management across multiple business units, including Financing Solutions, FX Sales & Trading, and Portfolio Solutions.

The ideal candidate will have capital markets experience with FX and OTC derivatives, 3-5 years in counterparty credit risk, and strong communication skills. The position requires at least four days in the office per week and offers comprehensive