Counterparty Review Officerr, VP

State Street Global Advisors Boston , MA 02298

Posted 10 months ago

Vice President, Global Credit Review

This vacancy is on the Global Counterparty Review (GCR) team of Corporate Audit at State Street Bank & Trust Company. The team reports to a Senior Vice President of Corporate Audit and provides independent risk assessment of credit and counterparty risk for assigned business areas/products. Results of its work are shared with Senior Management, the Risk Committee of the bank's Board of Directors and the bank's external auditors and regulators.

Job Description

General Duties:

  • Conducts independent risk analyses and assessments of the Bank's credit products and processes

  • Acts as lead credit review examiner in evaluating the effectiveness of credit processes and guidelines, identifying gaps and recommending improvements and changes as appropriate

  • Acts as subject matter expert/contact point for assigned business areas

  • Identifies material credit concerns

  • Consults with various stakeholders - including business management, Credit Risk, Legal and Finance to ensure a comprehensive evaluation

  • May serve on relevant committees and participate in or lead a variety of task force assignments and as a liaison for Global Credit Review to the business units and external auditors and regulators

  • Works closely with counterparts in Corporate Audit and Enterprise Risk Management on related risk management issues

  • Provides mentoring to junior team members


Global Credit Review's mandate is wide ranging and comprehensive, so the candidate must be highly motivated, proactive and flexible. The ideal candidate would also possess the following:

  • 10+ years of experience within a financial services organization, focused on credit and/or capitalmarkets risk management

  • Demonstrated ability to evaluate complex credit relationships

  • Experience with leverage loans, foreign exchange, securities finance, trading limits, ISDA/CSA terms and/or collateral management is preferred

  • Excellent interpersonal, communication, organizational and writing skills, as well as proficiency with financial modeling, portfolio analytics and analysis of data from both internal and external sources

  • Ability to develop business relationships with senior management and others throughout the organization

  • Equivalent to a B.S. degree in Business, Finance, or related field

  • MBA, MSF, CFA or formal bank credit training preferred

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Counterparty Review Officerr, VP

State Street Global Advisors