Risk Management Jobs 2026 (Now Hiring) – Smart Auto Apply

Who we are looking for

State Street’s Model Risk Management (MRM) function is seeking a Quantitative Analyst to join its Model Validation team based in Boston, MA. The Quantitative Analyst will participate in model validation to ensure model risks are correctly identified, assessed, and managed.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen, we need talented individuals like you. In this role, you will strive for cutting-edge solutions that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Quantitative Analyst, Assistant Vice President you will:

• Perform validations on models such as market risk, counterparty credit risk and trading algo models

• Interpret and apply regulatory requirements, such as Basel and CCAR, while staying current with developments in academic research, industry practices, and evolving regulatory expectations.

• Analyze large-scale datasets using statistical techniques and machine learning methods to support model validation and performance assessment

• Conduct quantitative analysis to evaluate and quantify model risks

• Communicate with model developers and business to relay the issues and feedback and capture the action plans

• Present results of model validation work to senior management and making recommendations for improvements

Job Qualifications:

• MS or PhD in a quantitative discipline (e.g. Finance, Statistics, Economics, Mathematics, Computer Science / Engineering, software engineering or equivalents); senior positions require 2-3 years of model validation experience in a financial services firm

• Strong written and verbal communication skills

• Excellent quantitative modeling, analytical, research, and programming skills (e.g., MATLAB, R, Python, SAS, Stata, SQL)

• Strong project management skills exemplified by the ability to work independently on multiple projects and meet deadlines

Salary Range:

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: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our 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.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

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.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

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.

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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.