At a Glance
- Tasks: Conduct credit reviews and manage relationships across multiple business units.
- Company: Join State Street, a global leader in institutional investing.
- Benefits: Enjoy flexible work-life support, paid volunteer days, and inclusive development opportunities.
- Other info: Dynamic team environment with strong focus on employee empowerment and growth.
- Why this job: Make an impact in risk management while working with top-tier professionals.
- Qualifications: Bachelor's degree in economics or business; 3-5 years in counterparty credit risk preferred.
The predicted salary is between 63000 - 77000 £ per year.
Front Office Credit Risk Analyst, AVP (Onsite) State Street Markets (‘‘SSM’)
Front Office Credit Risk Analyst, AVP (Onsite) State Street Markets (‘‘SSM’’) is looking for an AVP to join the SSM Risk and FRM team in London.
The team manages Credit, Market, and Model Risk as the First Line of Defense across SSM’s business units, including Financing Solutions, FX Sales & Trading, and Portfolio Solutions.
Additionally, Financial Resource Management (‘FRM’), covering allocation, monitoring, and optimization of capital, funding, and liquidity is performed.
Job Description Reporting to the Head of Front Office Credit Risk in Boston, this AVP role is responsible for first line credit risk management across multiple business units within SSM.
Traditional counterparty credit analysis skills and trading product knowledge are prerequisites for success.
The ideal candidate will have a background in Capital Markets with exposure to FX and OTC Derivatives.
These prerequisites will position the candidate for success in their support of multiple SSM product offerings.
Demonstrated experience in credit risk analysis of a wide variety of counterparties, including financial institutions and alternative funds is of central importance.
The role is in London, with a minimum of 4 days per week in the office.
Key Responsibilities
- Conduct credit reviews of counterparties and prospects within each SSM business line.
- Partner with sales and relationship management teams to ensure timely and thorough credit analysis of new relationships.
- Negotiate client-facing credit terms in agreements for all SSM counterparties and ensure appropriate monitoring of ATEs.
- Manage the collection of up-to-date financial information for all counterparties.
- Participate in periodic and ad-hoc due diligence calls and visits.
- Proactively review and analyze credit utilization reports and investigate any over-limit conditions.
- Help manage the relationship between Front Office Risk and Enterprise Risk Management.
- Inform Enterprise Risk Management of all relevant counterparty developments.
- Perform any other tasks assigned to support the Front Office Credit and Market Risk teams.
- Desired Skills & Experience
- Bachelor's Degree or equivalent in an economics or business-related field. Advanced degree preferred.
- 3-5 years’ experience in counterparty credit risk preferred.
- Formal credit training is strongly preferred.
- Professional designation (CFA, FRM) preferred but not required
- Strong risk management and control focus.
- A demonstrated ability to multi-task and operate in a fast-paced, deadline-oriented environment.
- Strong verbal and written communication skills.
- About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most.
Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
- Discover more information on jobs at State Street. com/careers Read our CEO Statement
- About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential.
As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most.
Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
- Discover more information on jobs at State Street. com/careers Read our CEO Statement
- #J-18808-Ljbffr
Credit Risk Analyst, Assistant Vice President in London employer: STATE STREET CORPORATION
State Street Corporation is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that fosters collaboration and innovation. Employees benefit from comprehensive growth opportunities, competitive compensation, and a commitment to professional development, making it an ideal place for those seeking meaningful and rewarding careers in risk management.
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We think this is how you could land Credit Risk Analyst, Assistant Vice President in London
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We think you need these skills to ace Credit Risk Analyst, Assistant Vice President in London
Some tips for your application 🫡
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✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with STATE STREET CORPORATION.
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Since this is a full-time position, employers at STATE STREET CORPORATION will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former STATE STREET CORPORATION employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
