State Street · 18 hours ago
001062 - 500 - Quantitative Risk, AVP
Princeton, NJ
Full-time
Onsite
Mid, Senior Level
$100K/yr - $168K/yr
5+ years expState Street is a global leader in investment management, and they are seeking an experienced Quantitative Risk professional. The primary focus of this role is to lead risk modeling process design and collaborate with various stakeholders to enhance operational structures within the Enterprise Risk Management department.
BankingFinanceFinancial Services
Responsibilities
Take ownership and responsibilities to lead the risk modeling process designing tasks by interacting with model developers, model owners, source data providers, and downstream process owners to architect optimal modeling process design
Collaborate with modeling stakeholders to enhance and enforce operational structure to effectively manage the modeling processes
Produce modeling process design documents and operational manual for model process users
Responsible for project planning, implementation, issue, remediation, UAT test case creation, progressive status tracking and management
Work with modeling teams to support modeling production problem-solving in real time
Qualification
Required
Master's degree required (preferably in data science, computer science, mathematical finance, statistics, and/or financial engineering)
3+ years of experience in model development and/or model owner with solid understanding of risk measures/methodologies: Greeks, VAR, Stress Testing and modeling related market data (and data vendors)
5+ years of process workflow design, data modeling & analytics, leveraging AI capabilities; hands-on experience with object-oriented or functional programming and design experience (Python, Java, SQL, Cloud tools, data visualization). Be able to design and build modeling and data analytics process automation applications/tools
Strong verbal and written communication and interpersonal skills with the ability to collaborate effectively at all levels, regions internally and externally
Proven record to work independently on complex tasks, to manage projects/teams, and to engage key stake holders (internal/external) in a fast-paced environment
Execution-oriented, result-oriented, and multitasking-capable. Be able to manage workload, prioritize tasks, and to deliver in time with quality
Preferred
Prior workflow designer, financial modeler, data scientist, data architect, AI developer and/or machine learning product development experience in financial institutions
Data solution architect experience in structured and unstructured data management tools (Databricks, Snowflake, AWS, MS Azure, Oracle, MySQL, MongoDB, and/or etc.)
Advanced knowledge and working experience on business process management design and tools (PEGA, Appian) and BI tools (Qlik, Tableau, Power BI, Alteryx) is preferred
Proficiency in JIRA, Confluence design and operation is a plus
Benefits
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)
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
H1B Sponsorship
State Street has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
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
2026-01-16
2026-01-16
Benzinga.com
2026-01-16
Company data provided by crunchbase