The Market Risk VP within GTRM will focus on credit risk management for structured assets held in State Street's investment portfolio. This candidate should have fixed income capital markets work experience within a financial organization and possess good verbal and written communication skills for interactions within GTRM as well as with internal and external stakeholders, including global business partners and regulators.
Primary responsibilities include providing independent oversight of bank's $10B+ structured asset securities portfolio comprised of ABS, CMBS, RMBS, and CLOs. Candidate will actively support the independent oversight of GT's credit risk (e.g., asset class and issuer limits, independent reviews, governance reporting, support Comprehensive Capital Analysis and Review (CCAR) and Current Expected Credit Losses (CECL) analysis, etc.). This individual will assume day-to-day responsibility for monitoring market developments within assigned asset classes and communicating potential impacts associated with securities held in GT's investment portfolio to management and relevant governance committees. The candidate will serve as a Subject Matter Expert (SME) by providing market and asset‑class color in support of CCAR and CECL modeling efforts. The individual will play a key role in expanding credit risk oversight process and will participate in special projects and review Treasury's new business initiatives.
Salary Range:
$110,000 - $185,000 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.