State Street - Portfolio & Risk Analytics (Investment Analytics), Is It A Good Opportunity? Your Opinions Thanks.

As the title goes, I got the AVP offer in the Portfolio & Risk Analytics Group in their SS Global Exchange Division. I am currently doing no-name work (market risk, model review & monitoring) in the risk function at a bank. The package at SS will be about 20% bump up from my current one. However, I will be in the Liquidity Risk Team, not the more desirable Enterprise Risk Management Team.

See their website: https://www.statestreet.com/solutions/by-capabili…

My long term goal is (portfolio construction, quantitative research in macro-strategies, multi-asset solutions) in asset management.

Now the question, is this a good one? Warrants a jump? Thanks.

8 Comments
 

if you don’t love your current gig gtfo. 20% jump justifies it in itself.

"Out the garage is how you end up in charge It's how you end up in penthouses, end up in cars, it's how you Start off a curb servin', end up a boss"
 

Thanks for your reply. Even though the learning curve has flattened a lot inthe current role, it is not yet to the extent of hating it. I would be lying if I say I still love it as I used to when the learning curve was steep... However, given my long term goal is as above, I am worried more about the opportunity cost if I take the SS role. Not the type of person who would jump ship 1 year in a role :(

 

I interned in SSGA (AM Arm) one summer. If you want the bigger name on your resume + pay jump, go for it. Be warned though, GX is seen as a pretty useless division, only one that doesn’t generate any revenue. You won’t be able to sniff a dollar, all it is, is a tech platform. The culture when I was there was terrible, most people just wanted to leave

 

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