AVP, Quantitative Risk & Model Governance

State Street; Boston (MA); On-site; USD 90,000 - 158,000; Full time

Benefits offered by this job

401K match

Comprehensive benefits

Paid time off

Job summary

State Street Markets is seeking an Assistant Vice President to join the SSM Model Risk team in Boston. The AVP will collaborate with model owners to execute regulatory requirements for active and in-development quantitative models and support governance infrastructure under the supervision of the Global Head of SSM Model Risk.

You will manage project delivery, justification of modeling assumptions, and engagement updates while coordinating with internal validators and stakeholders to ensure

Qualifications

• Advanced programming in Python, R, or MATLAB with practical experience.
• Strong VBA and Java experience considered a plus.
• Knowledge of financial markets and regulatory capital requirements.
• Ability to multi-task and communicate complex concepts clearly.

Responsibilities

• Develop, review, and document models across State Street business units.
• Justify modeling assumptions and results to internal validation.
• Prepare engagement status updates for stakeholders and manage timelines.
• Test and monitor models, updating documentation and governance artifacts.

Skills

Python

R

MATLAB

VBA

Java

Education

Graduate degree in quantitative discipline

Job description

State Street Markets is seeking an Assistant Vice President to join the SSM Model Risk team in Boston. The AVP will collaborate with model owners to execute regulatory requirements for active and in-development quantitative models and support governance infrastructure under the supervision of the Global Head of SSM Model Risk.

You will manage project delivery, justification of modeling assumptions, and engagement updates while coordinating with internal validators and stakeholders to ensure