Alternative Investment Risk Analyst, Assistant Vice President at State Street in Stamford, Connecticut

Job Description:

Who we are looking for

The Alternative Investments Risk Analyst position is part of the State Street Global Advisors Investment Risk Team. The primary focus of this group is to provide independent oversight to ensure appropriate levels of risk exist across our client’s portfolios. The Investment risk analyst will work with a small team of specialists to create, improve, and implement risk processes for Alternative Asset classes. The position will work hands-on with portfolio managers to measure, quantify, and communicate market risk exposures and any changes to the funds/accounts risk profiles. The risk analyst will provide risk oversight for institutional client portfolios consisting of private equity, real estate and hedge fund assets, covering a range of areas including risk measurement, reporting, stress testing, new transaction risk assessment and portfolio management. The position will also be responsible for creating and presenting key risk summaries to senior management on an ongoing basis. The candidate should possess excellent analytical and communication skills.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Investment Risk Analyst role requires:

• The role requires a strong working knowledge of alternative investment strategies, gained from experience in institutional investment management, risk management and/or research organization.  




• This position requires the ability to grasp complex concepts coupled with a general understanding of alternative asset classes, risk measurement and analytics, and risk management techniques.




• The role involves interactions with SSGA functional groups globally, including investment management, operations, finance, and IT depending on the task at hand. 




• The individual is responsible for suggesting methodologies for improving portfolio risk analytics, examining alternative investment risk issues and responding to ad-hoc requests from various business groups and senior management, and also undertake unsupervised research on areas of risk management.




• The successful candidate will establish credibility through technical skill and stature in risk management, by building collaborative working relationships with investment professionals, and through creating a shared vision of the benefits of more risk-aware decision making.




• The ideal candidate will have a solid analytical foundation and organizational skills, be motivated by a team environment, and have the ability to learn about new analytical applications and investment products.

What we value

These skills will help you succeed in this role

• Strong technical skills: ability to build tools and reporting for risk management and to leverage technology and systems. Thoroughness and attention to detail




• Ability to manage multiple tasks, prioritize effectively, meet deadlines and deliver high quality, error-free work in a fast-paced environment




• Capable of taking responsibility for independent projects with limited supervision

Education & Preferred Qualifications

• Bachelor’s degree in business related field or equivalent experience. MBA, FRM and/or CFA preferred                                                                                                                     2-5 years of relevant industry experience (data analysis, risk management, risk models) with solid knowledge of alternative investment strategies preferred.




• Working knowledge of financial assets via prior experience in investment management, risk management, consulting, and/or analytical systems




• Ability to recognize broad economic trends, determine risk implications beyond the portfolio level, and communicate the resulting risks.




• Strong communication skills, both written and oral, with the ability to work with all levels of personnel across the organization.




• Experience with risk concepts and database tools are required

What we offer
 

• Medical




• Prescription Drug




• Health Savings Account (HSA)




• Flexible Spending Accounts (FSAs)




• Dental




• Vision




• Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance




• Employee-Paid Long-Term Disability




• Critical Illness Insurance




• Accident Insurance & Hospital Indemnity Insurance




• Business Travel Accident Insurance




• Short-Term Disability




• Identity Theft Protection




• Legal Benefits




• BeWell Programme




• Paid Time Off




• Employee Assistance Program (EAP)




• Salary Savings Program (SSP)

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary: