Basel Capital Analytics - Assistant Vice President

Who we are looking for The Capital Analytics function within the Basel Office plays a key role in ensuring that the capital impacts of State Street’s activities and exposures are properly measured and reflected in the management decision making process. The ideal candidate will combine analytical experience, knowledge of the U.S. capital rules and of the upcoming Basel III Endgame framework, project management skills and an ability to collaborate with stakeholders across the organization. The individual will lead Capital Analytics projects including impact assessment of new businesses/new products, restructuring of existing deals, upcoming rules impact analyses, capital optimization efforts, Quantitative Impact Studies (QIS) and developments of business requirements associated with system upgrades. 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 teams like yours to help navigate employees and the organization as a whole. In your 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.  What you will be responsible for As Basel Capital Analytics AVP you will: Engage in strategic Basel related analytical projects pertaining to Risk-Weighted Assets (RWA) and Leverage Ratios Build analytical frameworks to support the organization in analyzing and quantifying the impact of upcoming regulations and deliver critical insight to management to inform their strategic decisions Develop business requirements for the implementation of new regulations or RWA calculation capabilities for new activities Evaluate State Street’s current regulatory capital position compared to its local and international peers including reviewing industry best practices, analyzing peers Pillar 3 disclosures etc. Support business units with regulatory inputs and capital dashboards to better integrate capital into their decision making process including providing technical expertise for new products and restructuring of existing deals Perform data manipulation and aggregation using SQL and Excel reports to support the completion of industry QISs Assist business units with their ad-hoc scenario analyses/RWA modeling requests and provide meaningful inputs with respect to the profitability of the Bank’s activities in the future Investigate data quality issues and identify areas where the Bank’s RWA calculations can be optimized through data enhancements What we value These skills will help you succeed in this role Advanced knowledge of the U.S. capital rules and of the upcoming Basel III Endgame  framework including an understanding of risk management (e.g. credit market and operational risk) aspects