State Street is looking for an Interest Rate Risk Analyst to strengthen market risk oversight within the Banking Book. In this role, you will be instrumental in enhancing risk management processes, ensuring regulatory compliance, and analyzing complex financial instruments. You will support senior management, contribute to regulatory communications, and collaborate with teams across the bank.

What You'll Do

Support risk oversight of Market Risk in the Banking Book, including the measuring, identification, reporting, and monitoring of Interest Rate Risk, Credit Spread Risk, Structural FX risk, and Pension Risk.
Review and rationalize EVE and NII reporting based on the QRM framework.
Support GTRM through the enhancement and back-testing of behaviouralisation models and assumptions used in QRM, for example for prepayment and liabilities behavioralization models.
Support work streams related to the ongoing enhancement of the Global Treasury Risk Management process and support the internal capital adequacy assessment process (ICAAP) by providing risk modelling expertise.
Support the analysis of complex structured securities to understand the inherent risks of embedded optionality.
Support Treasury Risk related work streams for future regulatory interactions like ECB stress test exercises, ECB STE and IRRBB ITS reporting.
Support the monitoring and challenge of the development of portfolio optimization procedures and balance sheet strategy recommendations.
Report and assess the impact of emerging treasury risk regulations and ensure compliance with regulatory requirements.
Collaborate with other teams including the Model Validation Group, Global Treasury, Finance, and Regulatory Reporting.
Support senior management and communications with regulators.

What We're Looking For

2-4 years of experience in Treasury, ALM, or Market Risk activities, or risk management and regulatory concerns related to those disciplines.
Advanced degree in Economics, Finance, Statistics, or a related field.
Advanced technical, quantitative, and statistical aptitude/skills, with a focus on data analytics.
Self-starter with willingness to work in a fast-paced, high-energy environment.
Advanced verbal and written communication skills in English, with ability to articulate ideas and highly technical concepts to non-technical audiences and senior management.
Advanced understanding of financial instruments and the balance sheet of a global bank.
Advanced knowledge of Market Risk at a banking organization.
Independent and critical thinking skills and strong financial acumen.
Team player with unquestionable integrity and ethical standards.

Nice to Have

Familiarity with QRM, Intex, and ADCo (ALM vendor software) is preferred.
CFA, FRM, or related certifications are a benefit.
Knowledge of European and German regulation is a plus.

Benefits & Compensation

Compensation: zł132,000 Annual (minimum, for primary location).
Permanent contract from day one.
Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off).
Gold Medical Package for employees and their families (partner and children).
Premium life insurance package and private pension plan.
Wide range of soft skills training, technical workshops, language classes, and development programs.
Opportunities to volunteer your time to company-driven initiatives, employee networks, or organizations of your choice.
Variety of well-being programs.
Paid volunteer days and access to employee networks.
Flexible Work Programs.
Additional benefits available depending on the seniority of the role.