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Quantitative Analyst

State Street

State Street

Boston, MA, USA
Posted on Friday, April 12, 2024

Quantitative Analyst (State Street Bank and Trust Company; Boston, MA): This role will provide support in the development, deployment, and documentation of tools and methods for assessing various aspects of credit, market, operational, liquidity and compliance risk to State Street. This role will: Build and enhance a variety of models or advanced analytical tools (e.g., liquidity, deposit, credit risk, interest rate risk) around different BAU purposes and regulations such as Basel III, CCAR and ICAAP; Creatively build analytical tool /models to assist other analytics using conventional and non-conventional techniques (e.g., AI, Machine Learning, Natural Language Processing); Create actionable, automated reporting tools/packages to assist visualization of results, model implementation and quantitative analytics; Perform sensitivity analyses to respond to ad hoc inquiries; Perform any other tasks as assigned to support the CMA. Hybrid telecommuting permitted pursuant to Company policy.

Minimum requirements are: Master’s degree, or equivalent in Economics, Statistics, Mathematics, Risk Management or related field plus 2 years of experience as Quantitative Analyst or any occupation providing working experience in quantitative modeling as a key contributor. Alternatively, the employer will accept a PhD degree, or equivalent in Economics, Statistics, Mathematics, Risk Management or related field.

Must have: Ability to understand, visualize and communicate quantitative results to expert and non-expert audiences; Demonstrated experience with at least one of following: Python, R, Tableau, Excel, or SQL with structured and non-structured data mart; Demonstrated experience with Natural Language Processing and Machine Learning techniques; Proven understanding of Basel III (Credit/Market/Operational Risk), CCAR, Stress Testing and ICAAP; Proven knowledge of fixed income market or wholesale credit market, from both quantitative credit or market risk perspective; Demonstrated ability to work independently on complex projects as well as the ability to be a team player in a fast-paced, high-energy level environment; and Strong verbal and written communication skills, with ability to articulate ideas, analysis and complex concepts effectively to broad audiences. (Unless otherwise indicated, State Street is seeking the stated ability in the skills listed above with no specific number of years or amount of experience required. All experience can be gained concurrently.)

To apply to this position, you must click the “Apply” button on this page and complete the online application. An EOE.


Salary Range:

$103,418 - $160,000 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.