State Street · 1 day ago
Quantitative Analyst, Assistant Vice President
Clifton, NJ
Full-time
Onsite
Mid Level
$90K/yr - $158K/yr
3+ years expState Street is a global leader in investment management, and they are seeking a Quantitative Analyst to develop quantitative models and tools for assessing risks associated with their investment portfolio. The role involves advanced quantitative modeling, collaboration with business partners, and presenting results to senior management and regulators.
BankingFinanceFinancial Services
Responsibilities
The quantitative analyst is expected to utilize advanced quantitative skills to develop interest rate risk, credit risk and liquidity risk models by directly linking macroeconomic factors to key credit risk drivers for various asset classes held in the investment portfolio
Documenting, defending, and conducting ongoing monitoring of model performance through advanced statistical testing and sensitivity analysis
Writing clear technical documentation as well as presenting and defending results to independent Model Validation team, senior management, and regulators
Collaborating with business partners in the model development process
Implementing model in Python/R in a controlled environment
Providing support on special projects, including review, oversight and analysis to support key strategic risk-related initiatives
Qualification
Required
Master's degree or PhD degree in quantitative discipline
At least 3 years of quantitative modeling experience in a financial institution
In-depth understanding of statistics, econometrics, multivariate regressions, machine learning and other quantitative finance topics
Advanced proficiency in using Python and R to perform large dataset analysis and build quantitative models
Solid knowledge in financial markets and fixed income products
Demonstrated experience in credit risk management, interest rate risk and/or asset liability management
Ability to communicate complex concepts to broad audiences, with strong verbal and written communication skills
Competence and confidence to gain credibility and collaborate for success across the organization
Results oriented. Willingness to work in a position with uneven and high priority project work
Ownership mindset is a must
Preferred
Working knowledge in QRM is a plus
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
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Vibrant employee networks that keep you connected to what matters most
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
Andrew Zitney
Executive Vice President, Chief Technology Officer
Recent News
2025-12-30
2025-12-30
2025-12-18
Company data provided by crunchbase