Front Office Credit Risk Analyst, Assistant Vice President (Onsite)

About the role

The Front Office Credit Risk Analyst, AVP position is based in Boston and requires a minimum of 4 days per week in the office. This role is part of the SSM Risk and FRM team, managing Credit, Market, and Model Risk across various SSM business units.

Responsibilities

• Conduct credit reviews of counterparties 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 counterparties and ensure appropriate monitoring of ATEs.
• Manage the collection of up-to-date financial information for all counterparties.
• 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 counterparty developments.
• Perform any other tasks assigned to support the Front Office Credit and Market Risk teams.

Desired Skills & Experience

• Bachelor's Degree or equivalent in an economics or business-related field, with an advanced degree preferred.
• 3-5 years’ experience in counterparty credit risk, with formal credit training preferred.
• Professional designation (CFA, FRM) preferred but not required.
• A strong risk management and control focus.
• A demonstrated ability to multi-task and operate in a fast-paced, deadline-oriented environment.
• Strong verbal and written communication skills.

Pay

The salary range for this role is $90,000 - $157,500 annually. Employees are eligible to participate in State Street’s comprehensive benefits program, including a retirement savings plan with company match, insurance coverage, paid time off, and more.