Risk Manager - Investment Risk Management, Vice President, Hybrid

Who we are looking for
As a Risk Manager within State Street Global Advisors' Enterprise Risk Management (ERM) team, you will provide an independent investment risk oversight across investment funds and strategies managed in EMEA. You will need the ability to organize both qualitative and quantitative information in a meaningful way to develop and implement plans to mitigate risks to Funds and SSGA. The role requires a strong working knowledge of various asset class investment strategies and financial derivative instruments, gained from experience in institutional investment management, risk management and/or research organization.

In this role you can anticipate substantive interaction with several global business functions, including Investment, Trading, Product, Legal and Compliance, and will need to communicate effectively with a wide range of people. You will also work closely with our Technology Risk partners to drive improvement in productivity via automation and centralization of risk reporting, to execute our digital transformation strategy. You will drive a risk-aware culture throughout the organization by challenging the status quo and providing objective thought leadership to our organization and the financial industry..

The Risk Manager will lead and oversee the Investment & Liquidity Risk function in SSGA Poland and promote a supportive work culture including activities as hiring, direction, and training of staff as well as appropriate records management for direct reports. This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements. The Risk Manager would be expected to visit the SSGA Poland office occasionally.

Why this role is important to us
The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world's governments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.

What you will be responsible for
As a Risk Manager you will

• Fulfil the CP86 requirements as the fund risk designated person in relation to both UCITS and AIFMD regulation.
  
• Actively examine, measure, monitor and communicate regulatory and internal risk exposures and changes in the risk profile of investment funds and respond to ad-hoc requests from various business groups and senior management
  
• Ensure appropriate risk management information is produced, reviewed and presented at appropriate intervals, notably senior management, board and regulator reporting.
  
• Oversee, maintain and improve the investment risk management framework and processes, including the Risk Management Process (RMP).
  
• Become the global lead in managing one of the investment or liquidity risk areas.
  
• Collaborate with colleagues within the global organization to develop and implement policies, procedures and processes for the investment risk program
  
• Develop methodologies for improving portfolio risk analytics and undertake unsupervised research on areas of risk management
  
• Build collaborative working relationships with investment professionals and promote a shared vision of the benefits of risk-aware decision-making
  
• Provide fund risk leadership and strong cross risk discipline vision by serving as a key contact for risk queries and collaborating with other risk and internal control functions.
  
• Work at the forefront of financial regulatory developments, new products, services and applications as well as assess and report on their respective impacts to the business's risk profile
  
• Support a culture of risk transparency and effective challenge
  
• Maintain the highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements
  
• Lead Investment & Liquidity Risk team in Poland, and ensure that all reports and their teams accomplish clearly defined responsibilities.
  
• Be responsible for hiring, direction, and training of staff, together with any dual manager.
  

What we value
These skills will help you succeed in this role

• Experience with risk concepts and database tools are required, with specific skills in utilizing risk models (e.g., Axioma, Bloomberg's PORT, MSCI BarraOne) considered a plus
  
• Strong technical skills: ability to build tools and reporting for risk management and to leverage technology and systems; programming skills (e.g., Access, Python, R, SQL, VBA) are considered a plus
  
• Excellent analytical and communication skills combined with ability to work independently with can-do attitude
  
• Collaborative by nature with the ability to help others achieve more, working with local and global teams, including the flexibility to work within global deadlines
  
• Take ownership, initiative and successfully navigate within a fast-paced and international environment of a leading global financial institution
  
• Have ability and motivation to master key concepts and themes in an evolving regulatory environment
  
• Have high degree of efficiency, attention to detail and focus on efficient and accurate execution
  
• Have a positive attitude that motivates and inspires others
  

Education & Preferred Qualifications

• Bachelor's degree in finance, economics, mathematics or business-related field, or equivalent experience; having CFA or FRM is a plus
  
• 5+ years of relevant experience in a financial services organization, buy-side experience is preferred
  
• Deep understanding of financial markets and instruments, passion for investment management and a good grasp of investment products, especially mutual funds and ETFs
  
• Ability to build strong internal partnerships and establishing relationships with portfolio managers, traders, client facing teams, and senior management
  

Additional requirements

• Travel up to 25% may be required.
  

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers