Senior Credit Risk Strategist

2 weeks ago


Dorchester Center, United States State Street Corporation Full time
Key Responsibilities

As the Credit Risk Manager for Enterprise Programs, your role will encompass the following:
  • Serve as the primary liaison for Credit Risk in the stewardship of Credit Risk Models associated with regulatory frameworks such as Basel, CECL, CCAR, and internal stress testing protocols.
  • Assess model and data deficiencies, pinpoint weaknesses and gaps in coverage, prioritize concerns based on risk and impact, and facilitate remediation efforts with relevant stakeholders.
  • Establish and nurture relationships with the Credit Risk Sector, CCAR, Surveillance Leads, Risk Analytics team, Change Agency Team, and Scenario Design team.
  • Integrate identified risks into the internal risk identification framework.
  • Collaborate with stakeholders to guarantee model efficacy and appropriateness through continuous monitoring.
  • Partner with various teams on model development and stress scenario formulation for enterprise programs.
Qualifications & Education
  • Master's degree required; PhD preferred in fields such as Economics, Statistics, Mathematics, Finance, or a related discipline.
  • A minimum of 15 years of professional experience in analytics, quantitative modeling, and credit risk management.
  • Expertise in econometric modeling, time series analysis, optimization, and advanced statistical methodologies.
  • Demonstrated experience collaborating with credit risk and model development teams.
Compensation:
$140,000 - $222,500 Annual

The specified salary range pertains to the role in the primary location. Actual compensation may differ if the position is performed outside the primary location.

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