Senior Market & Collateral Risk MD

STATE STREET CORPORATION; Boston (MA); On-site; USD 225,000 - 338,000; Full time

Benefits offered by this job

401K with company match

Medical insurance

Dental insurance

Vision insurance

Long-term disability

PTO

Job summary

State Street Corporation, via State Street Markets, seeks an experienced Senior Managing Director to lead risk and capital optimization in Boston. The role centers on collateral and margin policy design, end‑to‑end risk governance, and strategic oversight of global collateral across multiple product lines.

You will collaborate with ERM, Global Treasury, and trading desks to ensure risk measures align with State Street's appetite, regulatory expectations, and evolving market practices.

Qualifications

• Extensive experience in collateral and market risk across OTC Derivatives and Capital Markets Financing.
• 15+ years in capital markets risk management, Prime Brokerage and OTC trading preferred.
• Strong communication skills and ability to interact with multiple stakeholders.

Responsibilities

• Design, own, and maintain all collateral and margin policies and models in the Front Office.
• Oversee daily collateral management across multiple products and entities.
• Coordinate risk parameter discussions with ERM, Treasury, and trading desks.
• Lead audits and regulatory examinations related to market risk and collateral.

Skills

Collateral risk

Market risk

OTC derivatives

Capital markets

Prime brokerage

Risk management

Leadership

Education

Master's Degree in Finance/Financial Engineering

CFA/FRM designation

Tools

SIMM

FRTB

Regulatory margin models

Job description

State Street Corporation, via State Street Markets, seeks an experienced Senior Managing Director to lead risk and capital optimization in Boston. The role centers on collateral and margin policy design, end‑to‑end risk governance, and strategic oversight of global collateral across multiple product lines.

You will collaborate with ERM, Global Treasury, and trading desks to ensure risk measures align with State Street's appetite, regulatory expectations, and evolving market practices.