CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Quantitative Analyst (State Street Bank and Trust Company; Boston, MA): The Quantitative Analyst works closely with State Street's Global Markets (GM) Risk Methodology and Analytics team to support market data analysis, risk methodology development and implementation, and semi-annual CCAR/DFAST exercise. The Quantitative Analyst provides fundamental and quantitative financial analysis related to fixed income derivative pricing and risk methodologies, risk analysis, and regulatory capital calculation. Specific duties include: own CCAR Market Risk model, working to improve the model and use Monte Carlo simulation of individual risk factors; automate model calculations using Matlab and monitor daily program calculation; develop and evaluate financial models based on finance fundamentals and market data; analyze business processes to identify data needs for modeling; develop and evaluate statistical models for risk management; apply statistical programming skills (including Matlab and VBA) to analyze market data; prepare precise technical documentation describing processes and risk methodologies; and work closely with IT teams to provide prototype implementations for models and methodologies. Minimum requirements: Master's degree in physics, mathematics, statistics, or other quantitative field; and 2 years of experience in the financial analysis or risk analytics doing the market data analysis of pricing and risk methodology implementation.
Must have: demonstrated experience with programming in MatLab, VBA and databases; demonstrated experience with statistical software, including [such as Matlab, R, SAS]; demonstrated experience with and knowledge of Monte Carlo simulation, CCAR, and DFAST; demonstrated the working knowledge of FX and interest rate derivative market; demonstrated experience with stochastic interest rate and FX models; and demonstrated knowledge/experience of big data and machine learning. (Unless otherwise indicated, State Street is seeking the ability in the skills listed above with no specific amount of experience required. All experience can be gained concurrently).
A pply online at statestreet.com/careers . State Street Job ID: R-634914 An EOE.