Risk Modeling Process Designer/Analyst, Assistant Vice President

Responsibilities

• Lead risk modeling process design tasks by architecting optimal solutions and interacting with model developers, owners, and data providers.
• Collaborate with modeling stakeholders to enhance and enforce operational structures for effective process management.
• Produce comprehensive modeling process design documents and operational manuals for users.
• Manage project planning, implementation, issue remediation, UAT test case creation, and progressive status tracking.
• Support modeling production problem-solving in real time by working closely with modeling teams.

Requirements

• Master's degree in Data Science, Computer Science, Mathematical Finance, Statistics, or Financial Engineering.
• 3+ years of experience in model development or model ownership with a solid understanding of risk measures such as Greeks, VAR, and Stress Testing.
• 5+ years of experience in process workflow design, data modeling, and analytics.
• Proficiency in programming languages such as Python, Java, or SQL.
• Hands-on experience with object-oriented or functional programming and designing automation applications/tools.
• Strong verbal and written communication skills with the ability to collaborate with internal and external stakeholders.

Preferred Qualifications

• Experience as a workflow designer, financial modeler, data scientist, or AI developer within financial institutions.
• Experience with data solution architecture using tools like Databricks, Snowflake, AWS, MS Azure, or Oracle.
• Knowledge of business process management tools such as PEGA or Appian.
• Proficiency with BI tools including Qlik, Tableau, Power BI, or Alteryx.
• Experience with JIRA and Confluence.

Benefits

• Retirement savings plan (401K) with company match.
• Comprehensive insurance coverage including medical, dental, vision, life, and long-term disability.
• Paid time off including vacation, sick leave, and family care responsibilities.
• Incentive compensation eligibility for annual performance-based awards.
• Access to Employee Assistance Programs and various tax-advantaged savings plans.

About the Company

State Street is a leading global provider of financial services to institutional investors. We help our clients manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where employees are empowered to reach their full potential.