Quantitative Risk Analyst, Model Risk Management, Assistant Vice President
State Street • Boston, Massachusetts • Posted June 01, 2026
About the Role
JOB DESCRIPTION
State Street Investment Management (State Street IM) Model Risk Management (MRM) function is seeking a Quantitative Risk Analyst to join its State Street IM Model Validation team based in Boston, MA. The Quantitative Risk Analyst will conduct model validation to ensure model risks are correctly identified, assessed, and managed across the global asset management business. Diverse product knowledge including index products, ETFs, responsible investing as well as experience in the general risk areas covering credit, liquidity, market and operational risk, securities finance, asset management, and stress testing is important.
Specific tasks performed during model reviews include:
Review the model workflow and identify gaps in model methodology, development, implementation, and usage process and documentation
Challenge the model methodology by testing its assumptions and parameters; independently evaluate model performa...