Front Office Credit Risk Analyst,Officer at State Street in Boston, Massachusetts

Job Description:

Who we are looking for

State Street operates the largest Agency Securities Lending program in the industry with a global footprint. The program comprises over $400 billion in loans across a wide range of lenders, borrowers, collateral, and transaction types. State Street's Prime Services platform is an alternative to prime brokerage that provides stock borrowing and financing from a segregated custody account. This solution, the industry's first full custody-based model, can help hedge funds and other managers of alternative strategies to reduce counterparty risk, provide additional transparency, increase control over assets and diversify financing exposures. These products are supported by an integrated collateral and credit risk team.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

We are looking for an employee with an interest in capital markets and prime brokerage.

As Front Office Credit Risk Analyst, Officer you will

Key Responsibilities:

• Facilitate Securities Finance and FaCT client on-boards for risk-specific tasks.


• Work closely with trading and client management teams to ensure availability of lender supply is optimized and urgent trading opportunities are addressed.


• Correspond with borrower credit teams to address client inquiries in a timely manner.


• Manage the collection of up-to-date financial information for all of our borrowers.


• Proactively review and analyze credit utilization reports and investigate any over-limit conditions.


• Advocate for, document, and monitor exception to credit limits on a case-by-case basis.


• Perform any other tasks as assigned to support the Credit Risk team.

The Front Office Risk Officer will be part of a dynamic and fast-paced work environment. A significant degree of autonomy, including making careful decisions that impact other Global Markets products, is a requirement.

Education/Qualifications:

• Bachelor's degree in finance, economics or related field.


• 1-3 years of experience in capital markets credit risk management.


• Experience performing detail-oriented tasks under time constraints.


• Effective oral and written communication to varied audiences is required.


• Detailed understanding of global Securities Lending markets is a strong plus.

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 Range:
$85,000 - $88,750 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.

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