Front Office Market Risk AVP: Real-Time Hedge Fund Financing

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

Job summary

State Street Markets seeks a Market Risk Analyst to oversee real-time risk for Securities Financing, including Prime Brokerage and Securities Lending, covering hedge funds and client portfolios in various strategies.

You will monitor intraday and end-of-day risk, assess collateral adequacy, and challenge margin methodologies while collaborating with front-office teams to drive risk-informed decisions.

Qualifications

• Bachelor’s degree in finance, economics, math, engineering or related field.
• 3+ years in Prime Brokerage, Securities Financing or Margin Risk management.
• Strong hedge fund portfolio risk knowledge across equity, credit and relative-value strategies.
• Experience evaluating leverage, liquidity, financing and collateral risks.
• Familiarity with Reg T, portfolio margin and house margin models.

Responsibilities

• Perform intraday and end-of-day risk monitoring for hedge fund and financing portfolios.
• Assess collateral sufficiency and margin adequacy for Prime Brokerage and Securities Lending.
• Analyze risks including leverage, liquidity, concentration and financing exposures.
• Review margin methodologies and sensitivity to volatility and concentration.
• Conduct stress testing and scenario analysis for tail risks and shocks.
• Monitor risk limits and escalate breaches with risk-based recommendations.
• Collaborate with Trading, Prime Brokerage and Securities Finance teams on client risk.
• Support risk assessments for new client onboarding and due diligence.

Skills

Portfolio risk analysis

Hedge fund risk

Collateral & margin analysis

Front-office communication

Python or programming

Education

Bachelor's degree in Finance/ Economics/ Mathematics/ Engineering

Tools

Bloomberg Terminal

TS Imagine

Job description

State Street Markets seeks a Market Risk Analyst to oversee real-time risk for Securities Financing, including Prime Brokerage and Securities Lending, covering hedge funds and client portfolios in various strategies.

You will monitor intraday and end-of-day risk, assess collateral adequacy, and challenge margin methodologies while collaborating with front-office teams to drive risk-informed decisions.