Financial Regulatory Product Manager, hybrid, Officer

About the role:

State Street's Risk Analytics platform is a web based application providing a full suite of analytics, which give clients insight into the risks and performance of their investment portfolios. Supporting all asset classes, the platform computes analytics such as: stress testing, value at risk (VaR), position specific analytics for derivatives (delta, gamma, vega etc.) and fixed income characteristics such as duration and convexity. The reporting offering also includes Liquidity and ESG indicators.

Reporting to the Vice President of Regulatory and Industry Standard Risk Solutions, the chosen candidate will be part of the team working closely on clients' risk reporting and financial analysis requirements. He/She will collaborate with the financial engineering teams, technical support teams, development teams and operations teams to maintain and design a number of regulatory products over time. He/She will leverage his/her experience and knowledge to advance the capabilities of our regulatory risk solutions.

This role is a hybrid work model with 2/3 days in the office per week (to be agreed with manager), which you can perform in our offices in Krakow and Gdansk. Working hours: 10 AM - 6 PM (during the initial training period, to allow for greater amount of overlapping hours with the Toronto office, it may be required to work 11 AM - 7 PM).

Your new role

As a Product Manager you will:

• Maintain and develop existing product solutions of regulatory nature, with focus on Leverage and Exposure, such as AIFMD, UCITS, SEC derivative Rules, Nport, FormPF and "Names Rule" etc
• Keep himself/herself up to date with the ongoing changes on the various regulatory fronts: Proactiveness is paramount in order to keep the high value of existing products and seek opportunities for new ideas to enhance our regulatory and analytics offering.
• Act as the reference point for the operations team servicing the clients to whom these products have been sold. Provide close guidance and build solid partnerships.
• Work with the available in-house rule building tools in order to carry out the above activities without the need of the assistance of the software developers.
• Gather requirements from clients, business users and subject matter experts.
• Write detailed business specs to streamline existing processes and develop new features
• Candidate will be expected to be a self-starter, highly motivated with a strong financial regulatory background and the ability to run and manage projects in isolation

The works have conceptual, creative and individual character. The effects of work is original vision of solutions, which are unique, individual intellectual creation. The works aims to acquiring knowledge and skills in order to develop new products, processes and services or to make significant improvements to existing products, processes and services. The activities have independent performance and they are largely original. The result of the work are, for example, macros, codes, tests, manual tests, test scenarios, scripts and stories.

What we value

Skills and Experience:

• Min 3-4 years' experience in a role exposed to the regulatory needs of Investment Funds and Insurance Portfolio Managers.
• Experience working with a financial, accounting or data platform.
• Experience with building rules based logics using basic coding
• Strong quantitative finance expertise: Market risk & analytics, VaR, stress testing, fixed income analytics (duration, convexity etc), OTC derivatives pricing models
• Strong IT skills:
  • SQL, Oracle or Snowflake and relational database management systems
  • Basic experience with any coding language
  • Proficient in Microsoft Excel/Office
• Proven ability to lead complex projects to completion and work to tight deadlines
• Excellent communication and presentation skills - ability to synthesize complex technical information and deliver updates to senior management, clients and other stake holders succinctly
• Strong analytical and problem solving skills
• Innovative in identifying product direction and opportunities
• CFA, CQF, FRM, CIPM or PRMIA an advantage
• Knowledge of the regulations like AIFMD, UCITS, SEC derivative Rules, Nport, FormPF and "Names Rule" an advantage
• Experience with Agile software development an advantage

Level of Education:

• Bachelor's degree in Finance/ Mathematics/ Economics or equivalent

What we offer

• Permanent contract of employment 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
• Employee savings plan
• Kafeteria benefits system: Multisport Card
• 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
• Technical or leadership career pathway

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program 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 perspective 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 the 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 program 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

State Street's Speak Up Line