Front Office Market Risk Analyst (Prime Services and Broker Dealer), Vice President

Key Responsibilities

• The Risk Analyst will be part of a dynamic and fast-paced work environment with frequently changing projects and assignments.
• A significant degree of autonomy, including making careful decisions that implement State Street’s risk appetite under pressure, is also required. · Perform intraday and end-of-day risk oversight of hedge fund portfolios across Equity L/S, Credit
• Convertible Arbitrage strategies · Analyze and challenge margin models, including sensitivity to volatility, liquidity
• concentration risk · Conduct stress testing and scenario analysis (historical + hypothetical) to evaluate tail risk and liquidity shocks · Monitor and enforce risk limits (leverage, stress loss, concentration, financing exposure) · Escalate breaches and make risk-based recommendations under time-sensitive conditions · Partner with Prime Brokerage, Securities Finance
• Trading desks to assess financing risk and collateral sufficiency · Evaluate portfolio leverage, liquidity horizons
• crowding risks · Participate in client onboarding and due diligence reviews from a risk perspective · Contribute to risk methodology enhancements (margin models, stress scenarios, liquidity assumptions) Education/Qualifications: · BS in Finance, Economics, Mathematics, Engineering or related field. · 5+ years of experience in prime brokerage margin risk management. · Solid understanding of portfolio risk, combined with a track record of making effective risk management decisions and communicating with front office and clients · Strong understanding of Margin methodologies (Reg T, portfolio margin, house models) · Familiarity with trade settlement and give-up mechanics, including PB give up practices Optional but valuable: · Series 7 registration · Knowledge of ISDA/CSA, SIMM
• bilateral margin frameworks · Familiarity with risk platforms (Bloomberg, TS Imagine, etc.) · Python coding expertise · Familiarity with credit risk and due diligence process for prime brokerage and other capital markets trading activity is preferred. · Prior experience in broker/dealer operations · Professional designations (CFA, FRM) preferred but not req Salary Range: $120,000 - $202,500 Annual The range quoted above applies to the role in the primary location specified.
• If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match
• insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• paid-time off including vacation, sick leave, short term disability, and family care responsibilities
• access to our Employee Assistance Program
• incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• and, eligibility for certain tax advantaged savings plans.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home .
• About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
• We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
• We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
• As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days
• vibrant employee networks that keep you connected to what matters most.
• Join us in shaping the future.
• As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status
• other characteristics protected by applicable law.
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