Stress Testing Risk Manager - Global Markets, VP

  • Market Rate
  • London, England, United Kingdom
  • Permanent, Full time
  • State Street UK
  • 22 Sep 16

The primary focus of the Stress Testing Risk Manager is to provide efficient risk management analysis and production of Stress Testing Results for State Street Global Markets in London.

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.



Purpose of Role:

The primary focus of the Stress Testing Risk Manager is to provide efficient risk management analysis and production of Stress Testing Results for State Street Global Markets in London.

Major Responsibilities:



  • Oversee production of Stress Testing reports primarily for the Foreign Exchange Sales and Trading, Securities Finance (Agency Lending and Enhanced Custody) and Futures and Options Clearing businesses, including validating position data and risk calculations. Substantial interaction with business and support functions required.


  • To help develop risk management systems (specifying requirements, testing and implementation) and stress testing scenarios.


  • To provide commentary and analysis on significant counterparty risk positions to senior risk management and committees.


  • Daily / Weekly / Monthly analysis of Stress Test results and Sensitivities


  • Monitor and escalate Stress Test Management Action Triggers and Limits


  • Counterparty Credit Exposure and collateral analysis across the business.


  • Develop good working relationships with colleagues involved in Global Markets and Enterprise Risk Management


  • Support other risk areas within Global Markets Risk Management as and when needed (Foreign Exchange, Securities Finance, Enhanced Custody, Futures and Options Clearing)



Level of Education / Specific Qualifications:



  • Degree/ Post-graduate degree in relevant and/ or quantitative subjects

Skills and Experience:



  • Markets experience; FX, interest rates, commodities and equities.


  • Knowledge of CCAR and ECB Stress Testing preferred


  • Excellent systems skills in VBA and SQL


  • Good regulatory including Basel III and CRD IV


  • Able to communicate authoritatively at all levels (traders, risk staff, senior management).

The successful candidate will have a sound knowledge of investment markets and have proven quantitative market/credit risk management skills. Applicants should also have excellent computing, database and Bloomberg skills

Required Competencies:



  • Able to communicate authoritatively at all levels (traders, risk staff, senior management).