Credit Risk Officer, AVP

3 weeks ago


Boston, Massachusetts, United States State Street Corporation Full time

Job Summary

State Street Corporation is seeking a highly skilled Credit Risk Officer, AVP to join our team. As a key member of our credit risk management group, you will be responsible for managing credit risk for a portfolio of private equity, private debt, and structured products.

Key Responsibilities

  • Conduct credit reviews and perform risk ratings for a portfolio of private equity, private debt, and structured products.
  • Maintain data, characteristics, and risk metrics for funds and counterparties in Risk and Dealing systems.
  • Undertake credit analysis on a portfolio of private equity/private debt funds CLOs and private credit securitizations.
  • Perform/Review annual risk ratings, utilizing analytics and various metrics, within State Street's Basel-compliant models.
  • Review and analyse deal proposals presented by the business unit for PE Funds, CLOs, middle market/private credit securitizations, and stable value wrap contracts.
  • Participate in due diligence calls and review annual renewals of existing counterparties.
  • Support relevant workstreams during the annual Comprehensive Capital Analysis and Review (CCAR) exercise.
  • Provide monthly/quarterly reporting related to the portfolio for various committees.
  • Ongoing monitoring and management of the credit quality of the client portfolio, identifying trends and recommending action when necessary.

Requirements

  • Preferred 4+ years of counterparty credit risk management in a global financial institution, or related experience.
  • Bachelors in Business, Finance, or relevant field.
  • MBA and/or CFA (or equivalent) beneficial but not required.

What We Offer

State Street Corporation offers a competitive salary range of $ Annual, depending on location and experience.



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