State Street · 2 weeks ago
Portfolio Finance Quantitative Strategist, Vice President
Jersey City, NJ
Full-time
Onsite
Mid, Senior Level
$170K/yr - $174K/yr
5+ years expState Street’s Financing Solutions organization helps institutional clients generate income, facilitate short sales, and obtain secured financing through three core businesses—Agency Lending, Prime Services, and Secured Financing/Repo. The Portfolio Finance team optimizes financial resources across these products, with remit spanning portfolio pricing, balance sheet optimization, analytics and risk management.
BankingFinanceFinancial Services
Responsibilities
Develop quantitative models that optimize capital, liquidity, and balance sheet usage across the Prime Services (physical & synthetic) client base
Incorporate capital, leverage, and liquidity considerations and translate model outputs into pricing frameworks and client/product profitability analytics
Build resource calculators and “what-if” tools (e.g., RWA/Liquidity actuals vs. forecasts) to support scenario planning, revenue forecasts, and allocation decisions
Design and maintain asset- and portfolio-level analytics and benchmarking methodologies reflecting market conditions, asset/client mix, and counterparty behavior
Construct dashboards and insights that provide timely, trusted views on key business metrics, including utilization, inventory, P&L/attribution, financing spreads, client/product ROC and pipeline
Source, normalize, and integrate market and peer data to identify opportunities/risks, and inform product strategy and client engagement
Define data requirements and work with Engineering/DA teams to build robust ETL/ELT processes, canonical data sets, and centralized metrics
Implement model governance practices (performance monitoring, periodic recalibration, etc)
Collaborate with Client Management and Trading to design and develop portfolio analytics and optimization tools that inform pricing and inventory decisions
Serve as a subject matter expert for the technical aspects of Portfolio Finance analytics and trading
Partner with internal research groups (e.g., State Street Associates) to apply machine learning and advanced analytics to financing use cases: demand forecasting, pricing elasticity, anomaly detection, and optimization heuristics
Prototype new data-driven decision aids and assess the ROI of techniques; champion a test‑and‑learn culture with rigorous measurement
Qualification
Required
Deep quantitative orientation with demonstrated experience in financial resource optimization (capital, liquidity, funding) and portfolio/pricing analytics within a front-office markets context
Hands-on programming skills—Python (preferred) and comfort working with large datasets and performance‑sensitive code
Relational database fluency (e.g., Sybase, Oracle, SQL) and practical data engineering hygiene (schemas, indexing, query optimization)
Experience analyzing, merging, and interrogating large datasets to uncover relationships and drive decisions
Statistical modeling and backtesting experience (time series methods, classical statistics, validation, diagnostics)
Experience with cloud computing (AWS, Databricks) for operationalizing models/workflows (containerization, orchestration, CI/CD for analytics)
Exceptional communication (written & verbal): able to explain complex models in accessible terms and influence senior stakeholders
A “do‑anything” owner's mindset; creative, pragmatic, and willing to challenge current paradigms
Undergraduate or Masters in Mathematics, Engineering, Computer Science, or related quantitative field; or equivalent practical track record
5+ years in financial services in quantitative/technical roles with measurable impact on pricing, resource optimization, or product profitability
Strong market literacy across securities financing products (Agency Lending, Prime Brokerage—physical & synthetic, Repo/Secured Financing)
Benefits
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)
Eligibility for certain tax advantaged savings plans
Flexible work-life support
Paid volunteer days
Vibrant employee networks
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
2025-12-30
2025-12-30
Company data provided by crunchbase