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State Street Corporation

Front Office Market Risk Analyst, Assistant Vice President

State Street Corporation

Boston, MA · Mid

$90,000 – $157,500

Listed on State Street Corporation’s own careers site. You apply with them directly — we never stand between you and the employer.

What this role is

This role oversees real-time portfolio risk for securities financing clients, monitoring margin adequacy, collateral sufficiency, and leverage across hedge fund and lending exposures. It suits someone with 3+ years in prime brokerage or margin risk management who can make sound decisions independently in fast-paced markets.

Our summary, not State Street Corporation’s wording. The full posting is on their site.

Skills this role names

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What they ask for

Required

  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative discipline
  • 3+ years in Prime Brokerage, Securities Financing, or Margin Risk Management
  • Strong understanding of hedge fund portfolio risk across equity, credit, and relative-value strategies
  • Experience evaluating portfolio leverage, liquidity, financing, and collateral risks
  • Working knowledge of margin methodologies including Reg T, portfolio margin, and house margin models
  • Ability to make risk decisions and communicate effectively with front-office teams and clients
  • Understanding of trade settlement processes and Prime Brokerage give-up mechanics

Nice to have

  • Series 7 registration
  • Knowledge of ISDA/CSA documentation, SIMM, and bilateral margin frameworks
  • Experience with market risk platforms such as Bloomberg, TS Imagine, or similar systems
  • Python or other quantitative programming skills
  • Familiarity with Prime Brokerage counterparty credit risk and client due diligence processes
  • Prior broker-dealer or securities financing experience
  • CFA, FRM, or comparable professional designation

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