# Counterparty Credit Risk Manager, Wealth Custody & Clearing, AVP at State Street

State Street is hiring a Counterparty Credit Risk Manager, Wealth Custody & Clearing, AVP in Boston, United States. It pays $90k-$158k a year and Level rates it Little AI ●○○○; you can [apply on State Street](https://jobsbylevel.com/go/0362597a-0e02-45b7-a2ee-99a999a25852?utm_medium=ai-agent).

AI Level 1, AI centrality 38 out of 100. Boston, Massachusetts.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 38 out of 100)
- Location: Boston, Massachusetts
- Salary: $90k-$158k
- Posted: November 12, 2026
- Apply: https://jobsbylevel.com/go/0362597a-0e02-45b7-a2ee-99a999a25852?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=counterparty-credit-risk-manager-wealth-custody-clearing-avp-at-state-street-cf4b08

## Description

Who we are looking for We are looking for a Counterparty Credit Risk Manager supporting Wealth Custody & Clearing within the Global Counterparty Credit Risk team, part of Enterprise Risk Management. The role will provide independent credit risk oversight of Wealth Custody & Clearing’s introducing broker-dealer and margin lending activities, with a particular focus on high-net-worth clients and related investment entities. As the platform scales, this individual will help ensure that its expanding brokerage and margin capabilities operate within an appropriate counterparty credit risk framework. The successful candidate will combine counterparty credit analysis with strong knowledge of investment portfolios, collateral, margin and market risk, assessing both the underlying client and the assets supporting the exposure. The role will partner closely with Wealth Custody & Clearing, Front Office Risk, Margin and Collateral Operations, Product, Legal, Compliance and other control functions. What you will be responsible for Counterparty Credit Risk · Provide independent credit risk oversight of Wealth Custody & Clearing’s margin lending and collateralized brokerage activities. · Assess the creditworthiness of high-net-worth clients and related investment structures, considering financial strength, sources of repayment, portfolio composition and overall risk profile. · Establish and monitor appropriate credit limits and risk parameters and review new relationships, limit increases, exceptions and elevated-risk exposures. · Assess interconnected exposures across related accounts, entities, guarantors and affiliated counterparties where relevant. Margin, Collateral & Portfolio Risk · Evaluate collateral quality, liquidity, volatility, diversification, concentration and potential liquidation risk. · Assess the adequacy of margin requirements and other risk mitigants relative to the underlying client and portfolio risk. · Identify risks arising from concentrated positions, less-liquid securities, leveraged portfolios and adverse market movements. · Review significant margin deficiencies, margin calls, exceptions and other circumstances that could result in elevated credit exposure. Stress Testing & Monitoring · Develop and oversee stress-testing approaches to assess potential exposures under severe but plausible market conditions. · Evaluate the impact of market shocks, declining collateral values, increased volatility, reduced market liquidity and concentrated-position liquidation. · Monitor counterparty and portfolio-level risk indicators and identify emerging or deteriorating exposures. · Support management reporting covering exposures, limit utilization, concentrations, stress losses and significant exceptions. Governance & Business Partnership · Provide independent risk input as Wealth Custody & Clearing expands its products, client capabilities and margin offering. · Understand the risk implications of the introducing broker-dealer and clearing-firm operating model and ensure material risks and exceptions are appropriately monitored and escalated. · Provide clear risk recommendations and credible challenge to business proposals while supporting appropriate commercial activity within established risk appetite. · Support policies, standards and governance governing broker-dealer margin and counterparty credit risk. · Partner with Legal, Compliance, Audit and other control functions on regulatory examinations, risk assessments and control enhancements. What we value · Significant experience in counterparty credit risk, wealth management or private banking credit, margin lending, broker-dealer credit risk, prime brokerage or a related risk discipline. · Strong understanding of high-net-worth clients and investment structures, including the ability to assess both counterparty creditworthiness and portfolio and collateral risk. · Strong knowledge of margin lending, collateral valuation, portfolio concentrations, market liquidity, stress

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/counterparty-credit-risk-manager-wealth-custody-clearing-avp-at-state-street-cf4b08

Source: https://jobsbylevel.com/jobs/counterparty-credit-risk-manager-wealth-custody-clearing-avp-at-state-street-cf4b08

## Cite this page

Level. https://jobsbylevel.com/jobs/counterparty-credit-risk-manager-wealth-custody-clearing-avp-at-state-street-cf4b08.

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