JOE - June 2014

State Street Corporation
Quantitative Analyst
Position Title/Short Description
Title: Quantitative Analyst
Section: 5 -- Full-Time Nonacademic
Location: Boston, MA, USA
JEL Classification: C -- Mathematical and Quantitative Methods

JOE ID Number: 201406_400456

Print This Page Back to Listings

Full Text of JOE Listing:
The incumbent will be a member of the Risk Analytics group, which is responsible for developing quantitative methodologies to measure credit, operational, and other risks for regulatory capital calculation under Basel III and is expected to develop quantitative models to measure PD, LGD, or operational risk.

Specific duties include the following:
-- Evaluating the pros and cons of alternative statistical and econometric modeling methodologies and selecting the best approaches that comply with applicable regulations.
-- Managing large and complex data sets using statistical tools and database technologies.
-- Writing technical documentation.
-- Presenting results of work to senior management.
-- Interacting with various internal and external stakeholders including the business areas, Corporate Audit, Model Validation, Finance, and the Federal Reserve Board.

-- Advanced degree in finance, economics, statistics, or a related field and 2 to 4 years of relevant work experience (relevant PhD degree can substitute for some or all of the work experience).
-- In-depth understanding of multivariate statistics.
-- Experience modeling credit risk for financial institutions.
-- Knowledge of a statistical or analytical modeling language such as Matlab, SAS, Stata, or R.
-- Experience working with large and complex data sets.
-- Strong written and verbal communication skills.
-- Knowledge of operational risk is a plus.
Application Instructions:

Please contact

Online Application URL:

Email for Applications:
Informational URL:

For more information, email:

Print This Page Back to Listings