The Centralized Modeling Analytics & Operations (CMAO) team within Enterprise Risk Management (ERM) of State Street provides support in the development, deployment, ongoing monitoring, and documentation of tools and methods for assessing various aspects of market, credit, operational, and liquidity risk for SSC. The team’s work is focused on building models to ensure compliance with the regulatory requirements including Basel, CCAR (Comprehensive Capital Analysis and Review), CECL, IFRS 9 and ICAAP, by supporting robust risk assessment and governance practices.

The CMAO team operates globally, and this position is based in Hangzhou, China, with a focus on wholesale credit risk modelling and ongoing monitoring. The role will initially involve monitoring model performance, with the opportunity to develop into an independent model developer over time.

What you will be responsible for

As Credit Risk Model Developer you will