Senior Market Risk Manager: Capital Markets Oversight

State Street Corp; Boston (MA); On-site; USD 120,000 - 203,000; Full time

Benefits offered by this job

401K with company match

Comprehensive insurance (medical, life

Dental, vision

Paid time off

Employee Assistance Program

Incentive-based awards

Tax-advantaged savings plans

Job summary

State Street Corporation is seeking a Senior Market Risk Manager to provide second-line oversight of capital markets risk for trading and banking book in Boston. The role focuses on risk identification, measurement, limits, and reporting to senior management, with collaboration across modelling and analytics teams.

You will engage in policy development, risk analytics, and remediation projects while ensuring adherence to US/EU regulations and risk appetite.

Qualifications

• 7+ years in roles related to trading market risk or asset-liability management with a focus on capital markets or balance sheet/capital management.
• Undergraduate degree in Finance, Economics, Business or quantitative field; CFA/FRM a plus.
• Experience with US and EU regulation on trading and market risk.
• Deep knowledge of financial instruments, balance sheet structure and hedging, funding transfer pricing, and risk measures.

Responsibilities

• Provide second-line oversight of market and capital markets risk.
• Assess risk, establish risk limits, monitor and report risks, including validation of risk calculations.
• Review business strategies and new initiatives to ensure risk appetite alignment.
• Provide review and challenge to first line risk profile and report changes.
• Develop policies and operating procedures per regulatory requirements and best practices.
• Improve risk measurements and methodologies for key risk factors.

Skills

Capital markets

Risk management

Financial analysis

Communication skills

Self-starter

Team player

Education

Finance degree

Quantitative degree

CFA/FRM

Job description

State Street Corporation is seeking a Senior Market Risk Manager to provide second-line oversight of capital markets risk for trading and banking book in Boston. The role focuses on risk identification, measurement, limits, and reporting to senior management, with collaboration across modelling and analytics teams.

You will engage in policy development, risk analytics, and remediation projects while ensuring adherence to US/EU regulations and risk appetite.