Quantitative Analyst, Assistant Vice President

State Street is seeking a Quantitative Analyst and Credit Risk Modeler to join their team in Boston, New Jersey, or Connecticut. This role focuses on developing and implementing cutting-edge credit risk models for various portfolios and regulatory use cases. You will collaborate with cross-functional teams to ensure robust model governance and contribute to the financial risk organization's success.

• Develop credit risk models (PD/LGD/EL) for CRE and wholesale portfolios
• Build credit portfolio risk models for CCAR/CECL/IFRS9/BASEL/Ratings/ICAAP
• Implement internally developed models on risk analytical library platform
• Streamline modeling and analytical processes to increase execution pace
• Partner with three lines of defense for model governance and control
• Prepare and present reports to management and regulators