Head of Front Office Credit Risk, Managing Director (Onsite) (Boston) Job at State Street, Boston, MA

cnhnQ0xPSnkySzRXUXQ1aEZEd284d2x5ekE9PQ==
  • State Street
  • Boston, MA

Job Description

Head of Front Office Credit Risk, Managing Director (Onsite)

Join to apply for the Head of Front Office Credit Risk, Managing Director (Onsite) role at State Street .

This role is based in Boston, with a minimum of 4 days per week in the office.

About the Role

State Street Markets (SSM) is seeking a Managing Director (MD) to join the SSM Risk and FRM team in Boston. The team manages Credit, Market, and Model Risk as the First Line of Defense across SSMs business units, including Financing Solutions, FX Sales & Trading, Portfolio Solutions, and Global Link. Additionally, the team handles Financial Resource Management, covering capital, funding, and liquidity allocation, monitoring, and optimization.

Responsibilities

  • Lead and develop a global team of credit analysts in Boston, London, and Hong Kong.
  • Lead Front Office Credit analysis and contribute to product expansion, including new jurisdictions, trading strategies, counterparty types, and private credit counterparties.
  • Negotiate credit terms with clients and ensure proper monitoring of ATEs.
  • Create and maintain counterparty default plans.
  • Meet with clients, prospects, industry peers, and regulators to present risk processes and conduct due diligence.
  • Coordinate counterparty due diligence visits and collaborate with ERM and senior management on regulatory and client projects.
  • Lead crisis simulation exercises and respond to counterparty stress events.
  • Represent Front Office Credit Risk in global meetings.

Qualifications

  • Master's Degree or equivalent in economics or business.
  • 10-15 years of experience in counterparty credit risk preferred.
  • Deep product knowledge in securities lending, prime brokerage, OTC derivatives including FX.
  • Professional designations (CFA, FRM) preferred.
  • Strong risk management focus and communication skills.

Salary Range

$170,000 - $282,500 annually. The range varies based on location and other factors.

Additional Information

This job is active and accepting applications.

#J-18808-Ljbffr

Job Tags

Full time, Work at office,

Similar Jobs

Mercy

NICU Clinical Nurse Educator: St. Louis Job at Mercy

 ...Job Description NICU Clinical Educator Full-Time Mercy Hospital St. Louis Full Time Were a Little Different At Mercy, our mission is clear: we bring to life a healing ministry through compassionate care and exceptional service. We believe in careers... 

Reliant Dry Ice

Route Sales/Delivery Driver - Class B CDL - Benicia, CA Job at Reliant Dry Ice

 ...Job Description Job Description Reliant Holdings is looking for a route sales delivery driver who can take care of our current customers as well as expanding the business. The position includes transporting dry ice, gel packs, and insulated containers for our customer... 

JBW Federal

Office and Administrative Clerk Job at JBW Federal

 ...planning, movement, and inventory of items General office and administrative support services Communicate with customers to fulfill...  ...pregnancy), gender identity or expression, age, disability, veteran status, sexual orientation, genetic information (family medical... 

Neal R Gross & Co

Digital Court Reporter Job at Neal R Gross & Co

 ...Neal R. Gross and Co. is growing our team of Digital Court Reporters. We are a leading Court Reporting and Transcription services company based out of the Washington, DC area. As a trained Court Reporter, you will use specialized equipment to create an accurate record... 

Procom Services

QA Tester (San Francisco) Job at Procom Services

Procom is a leading provider of professional IT services and staffing to businesses and governments in Canada. With revenues over $500 million, the Branham Group has recognized Procom as the 3rd largest professional services firm in Canada and is now the largest Canadian...