Role at a glance
- Job function
-
Investments & Capital Markets Investment Risk, Compliance & Due Diligence
- Salary
- Not Disclosed
- Location
- Toronto, Ontario, Canada
- Employment
- Full-time
- Experience
- at least 3 years of experience in a market risk and/or Liquidity and Derivatives risk role
- Education
- The successful candidate will have a degree in Finance or a related field
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Role Summary
The Risk Analytics Client Service, AVP provides client service to allocated asset owners and asset managers receiving market, liquidity, and derivatives risk management services. The role delivers risk reporting and supports client relationships, data governance, KPI oversight, and onboarding.
What You'll Do
- Review and deliver market risk, derivative, and liquidity risk files and reports to existing clients.
- Investigate risk analytics, historical market data, and fund transparency data issues through root cause analysis.
- Plan and develop client requirements, and help specify new functionality for clients and internal users.
- Provide client support, resolve issues, and explain the product to users.
- Lead or assist with implementation projects for new or expanding risk clients.
- Support pre-sales and sales activities, user acceptance testing, operational procedures, and department-wide efficiency initiatives.
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
A degree in Finance or a related field, and at least 3 years of experience in a market risk and/or Liquidity and Derivatives risk role with exposure to regulatory reporting.
Required
- FRM or CFA qualification is an advantage
- Strong mathematical and quantitative skills
- Strong understanding of risk management techniques including VaR, Stress Testing & Exposures
- Strong analytical ability and problem solving skills
- Strong familiarity with financial products and data
- Familiarity with SQL, Python, and experience with VBA coding is preferred
- Familiarity with regulatory risk requirements (SEC Liquidity Rule, SEC Derivatives Rule, SEC Money Market Rule, SEC Names Rule..) an asset
- Proven work experience with Advanced Excel
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Who we are looking for
The Risk Analytics Client Service, AVP role will be responsible for the successful execution of the client service function for allocated Asset Owners and Asset Managers where we are required to provide market risk, liquidity risk, and derivative risk management services. This will involve responsibility for the daily review and delivery of risk reporting to multiple clients as well as developing key client relationships. The role will also actively be involved with and/or leading in the areas of data governance, KPI oversight, client communication and new client onboarding. Additionally emphasis will be given to supporting pre-sales & sales activities and working closely with Business Development teams in the region.
This is an ideal opportunity to work closely with NAV, Financial Engineering, Product, and Software Development teams leveraging strong technical risk management, project management, and communication/people skills.
The successful candidate will have a degree in Finance or a related field and have at least 3 years of experience in a market risk and/or Liquidity and Derivatives risk role with exposure to regulatory reporting.
This role would be particularly suited to a candidate with a strong mathematical background who is interested in quantitative techniques and risk analysis.
What you will be responsible for
As Risk Analytics Client Service, AVP you will:
Review and deliver market risk, derivative and liquidity risk files and reports to existing clients.
Perform root cause analysis in terms of risk analytics, historical market data and fund transparency data issues.
Play a key role in the planning & development of key client requirements
Assist on specifying new functionality to provide a greater user experience for clients and internal users
Provide client support, help resolve client issues, and demonstrate a firm understanding of the product to users (risk or compliance managers, portfolio managers, traders etc.)
Lead/assist on implementation projects for new or expanding risk clients.
Communicate issues to different departments within the firm and to various groups within the risk team.
User acceptance testing of new products or enhancements to existing products.
Engage in department-wide initiatives improve efficiencies and accuracy via AI enablement
Assist in ensuring consistent operational procedures are well documented, maintained and followed
Other project-based tasks as required.
Education and Preferred Qualifications
Degree in Finance/Economics or related field.
FRM or CFA qualification an advantage
Strong mathematical and quantitative skills
Strong understanding of risk management techniques including VaR, Stress Testing & Exposures
Strong analytical ability and problem solving skills
Strong familiarity with financial products and data
Familiarity with SQL, Python, and experience with VBA coding is preferred
Familiarity with regulatory risk requirements (SEC Liquidity Rule, SEC Derivatives Rule, SEC Money Market Rule, SEC Names Rule..) an asset
Proven work experience with Advanced Excel.
Bloomberg and/or Reuter’s knowledge will be advantageous
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.
Salary Range:
$91,000 - $140,500 AnnualThe 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.
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.
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About the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.