State Street

Job Description

For our Enterprise Risk Management – Global Treasury Risk Management department in our company State Street in Munich we are looking for a Risk Manager Structured Credit Risk (m/f) – Job ID 173270.

Major responsibilities

  • Identification, quantification and oversight of treasury risks in complex assets and liabilities in multi-currency balance sheets
  • Oversight of Continental European structured credit risk activities across SSBIG, implementing Global Treasury Risk methodologies, policies and procedures, adapted to local requirements as necessary.
  • Oversight and day-to-day management of treasury activities in SSBIG, mainly focused on structured credit risks, but also analyzing liquidity and mark-to-market risk.
  • Lead internal BAU as well as regulatory structured credit risk stress testing for Investment Portfolio assets (credit and market risk)
  • Conduct market and portfolio analysis to provide credit risk coverage
  • Run and organize the monthly surveillance meeting for the Investment Portfolio assets
  • Collateral analysis and monitoring of the SSBIG reverse repo activities
  • Contribute to the SSBIG’s Risk Management team and to the implementation of a transformation agenda as well as risk appetite statements

Education, Experience and Skills

  • Advanced degree in Economics, Finance, Statistics or related field 
  • CFA, FRM or related candidates is a benefit
  • Several years of experience in Structured Credit Risk for example in a significant bank or rating agency 
  • Knowledge of the IFRS 9 accounting standard,  US GAAP CECL, emerging European or German regulations is a plus
  • Previous experience in regulatory stress tests is a plus
  • Strong verbal and written communication skills in English language, with ability to articulate effectively ideas and highly technical concepts to non-technical audiences and senior management
  • Strong quantitative, statistical aptitude/skills, with a focus on data analytics
  • Self-starter with willingness to work in a fast-paced environment
  • Team leadership skills


Job Opening ID