State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management, market research and trading. With $28.4 trillion in assets under custody and administration and $2.48 trillion in assets under management State Street operates in 29 countries and more than 100 geographic markets and employs over 29,000 worldwide promoting a culture of excellence.
At the moment we are looking for candidates for
Developer – Global Treasury Risk Management
Location: Kraków, małopolskie
JOB ID: R-579063
to join the insource organization supporting the State Street EMEA
Why State Street Bank Poland?
Operating in Europe since 1970 State Street services clients in multiple locations. State Street Bank Poland was established in 2007 in Kraków. Today State Street Bank Poland employs over 2000 staff members at three sites across the city. Our Kraków office provides investment fund accounting and related services to clients of multiple State Street locations and business units across Europe. We offer positions in a challenging, rapidly changing and international environment. There are multiple opportunities to gain experience in diverse areas of the investment fund cycle. State Street offers a significant scope for personal growth and career progression. Throughout your career at State Street you will be provided with a wide range of training opportunities and internal mobility options as well as individual development plans, attractive benefits and an excellent remuneration package. The continuous development of our employees from day one is critical as we continually seek to develop and expand the local management team and create future leaders from within.
Developer – Global Treasury Risk Management Model Development
Our bank is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $28.19 trillion in assets under custody and administration and $2.45 trillion in assets under management as of December 31, 2014, the bank operates globally in more than 100 geographic markets and employs 29,970 worldwide.
The goal of Risk Management Team is to ensure that State Street’s risks are proactively identified, well-understood, and prudently managed in support of our business strategy. As such, ERM provides risk oversight, support, and coordination to ensure consistent identification, measurement and management of all risks possible in providing products and services to our clients.
Global Treasury Risk Management (GTRM) acts as the business-aligned risk function focused on these responsibilities for the activities of the Global Treasury (GT) department, inclusive of the Credit Risk Management team.
The GTRM team is responsible for the portfolio credit risk oversight and control of the global investment portfolio, including other-than-temporary-impairment assessment, bottom-up stress tests, credit risk measurement and analytics, concentration risk measurement and monitoring, portfolio credit limits monitoring and approval/exception analysis, SFA/SSFA modeling, as well as various regulatory and management reporting.
Support the US team to conduct model implementation and framework development activities for investment portfolio exposures that are compliant with regulatory and internal Model Risk Management guidelines:
- Cooperation with the quantitative team during preparation and testing of model implementation.
- Responsible for creating the production code.
- Preparation of technical documentation and the implementation plan.
- Cooperation with Model Risk Management during model validation stage. Incorporation of suggested remediation actions.
- Support the US team in providing relevant risk reporting and analytics
- Presentation of the results during workshops with business counterparties and senior management.
- Previous experience in code development at production level.
- Master degree with strong technical skills (e.g. Statistics, Econometrics, Mathematics, Computer Science or Engineering).
- 3+ years of programming experience with SAS, R, Matlab, SQL, and Python.
- Good communication skills (verbal and written in English).
- Ability to execute on competing priorities in a timely manner.
To apply to this position, follow the "apply now" link. To locate this position in our application page, please use the KEYWORD search functionality and insert either the State Street Job ID or the Location.
As a first step we ask all candidates to fill out our online application form. Please enclose the CV in English and remember to save this document without any Polish characteristics also in file name.