Front Office Credit Risk Analyst, Assistant Vice President; Onsite

Front Office Credit Risk Analyst, AVP (Onsite) State Street Markets ("SSM") is looking for an AVP 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 SSM’s business units, including Financing Solutions, FX Sales & Trading, and Portfolio Solutions. Financial Resource Management (FRM), covering allocation, monitoring, and optimization of capital, funding, and liquidity, is also performed.

This AVP role reports to the Head of Front Office Credit Risk in Boston and is responsible for first line credit risk management across multiple business units within SSM. Traditional counter party credit analysis skills and trading product knowledge are prerequisites for success. The ideal candidate will have a background in Capital Markets with exposure to FX and OTC derivatives, and demonstrated experience in credit risk analysis of a wide variety of counter parties, including financial institutions and alternative funds.

• Conduct credit reviews of counter parties and prospects within each SSM business line.
• Partner with sales and relationship management teams to ensure timely and thorough credit analysis of new relationships.
• Negotiate client‑facing credit terms in agreements for all SSM counter parties and ensure appropriate monitoring of ATEs.
• Manage the collection of up‑to‑date financial information for all counter parties.
• Participate in periodic and ad hoc due diligence calls and visits.
• Proactively review and analyze credit utilization reports and investigate any over‑limit conditions.
• Help manage the relationship between Front Office Risk and Enterprise Risk Management.
• Inform Enterprise Risk Management of all relevant counter party developments.
• Perform any other tasks assigned to support the Front Office Credit and Market Risk teams.

• Bachelor’s Degree or equivalent in an economics or business‑related field. Advanced degree preferred.
• 3‑5 years’ experience in counter party credit risk preferred.
• Formal credit training is strongly preferred.
• Professional designation (CFA, FRM) preferred but not required.
• Strong risk management and control focus.
• Ability to multi‑task and operate in a fast‑paced, deadline‑oriented environment.
• Strong verbal and written communication skills.

Salary Range: $90,000 - $157,500 Annual. The 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes a retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long‑term disability and other optional coverages; paid‑time off including vacation, sick leave, short‑term disability, and family care responsibilities; access to an Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans);

and eligibility for certain tax advantaged savings plans.

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.