State Street Bank
Head of Financing Solutions Portfolio Finance Quants, Managing Director
State Street Bank, Boston, MA
Head of Financing Solutions Portfolio Finance Quants, Managing DirectorWho we are looking forHead of Financing Solutions Portfolio Finance Quants, M; OnsiteWhy this role is important to usThe team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.Join us if making your mark in the capital markets industry from day one is a challenge you are up for.What you will be responsible forDevelop and implement quantitative models in collaboration with the Head of Portfolio FinanceDefine and source data requirements to support strategic decision making for Agency Lending, Prime Services and Secured FinancingDesign and build dashboards and reports that provide insights into key business metricsCollaborate with Client Management and Trading to implement portfolio analytics and optimization tools Source market and peer data and aggregate and streamline output to glean insights on market trendsDevelop resource calculators and “what if” tools (e.g., RWA, Liquidity) including actuals and forecastsCollaborate with State Street Associates to leverage machine learning and AI to develop research offerings for internal and external consumptionProvide oversight and guidance for technical aspects of E-Trading for Agency Lending and Prime ServicesWhat we valueEntrepreneurial and self-directed – operates as an ownerA deep understanding of advanced mathematics supported by analytical skills A dynamic problem solver – consistently utilizes a solution driven mindsetA thoughtful communicator who can express complex ideas in simple, practical termsAbility to learn quickly, juggle multiple projects, and collaborate well with othersEducation & Preferred Qualifications10+ years of experience in Financial Services in quantitative, technical rolesProficiency in programming skills and languages (e.g., Python, C++)Master’s or PHD in mathematics, statistics, computer science, or other quantitative field preferredExperience with machine learning frameworks is a plusAbout State StreetWhat we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.State Street is an equal opportunity and affirmative action employer.Salary Range: $235,000 - $246,250 AnnualThe 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.Job Application Disclosure:It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.State Street's Speak Up LineSummaryLocation: Boston, MassachusettsType: Full time