Risk Manager Visa Sponsorship Jobs in Massachusetts
Massachusetts risk managers find opportunities across Boston's financial district, major insurers like Liberty Mutual and Hanover Insurance, and the state's extensive healthcare and biotech sectors. Cambridge, Boston, and Worcester anchor most hiring activity. Employers in banking, life sciences, and higher education regularly sponsor international candidates for qualified risk management professionals.
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Front Office Credit Risk Analyst, Officer (Onsite)
State Street Markets (“SSM”) is looking for an Officer to join the SSM Risk and FRM team in Boston. The team manages Credit, Market, and Model Risk as the First Line of Defense across SSM’s business units, including Financing Solutions, FX Sales & Trading, and Portfolio Solutions. Additionally, the team performs Financial Resource Management, covering allocation, monitoring, and optimization of capital, funding, and liquidity are also performed.
What you will be responsible for
Reporting to the Head of Front Office Credit Risk in Boston, this Officer role is responsible for first line credit risk management across the business units in SSM. Traditional counterparty credit analysis skills and trading product knowledge are prerequisites for success. The ideal candidate will have background in Capital Markets with exposure to FX and OTC Derivatives. The prerequisites will position the candidate for success to support the front office credit risk management function across multiple product offerings. Demonstrated experience in credit risk analysis of a wide variety of counterparties, including financial institutions and alternative funds, is a desired plus. The role is in Boston, with a minimum of 4 days per week in the office.
Key Responsibilities:
- Conduct credit reviews of counterparties and prospects within each SSM business line.
- Partner with sales and relationship management teams to ensure timely and thorough credit analysis of new relationships.
- Negotiate client-facing credit terms in legal agreements for all SSM counterparties and ensure appropriate monitoring of ATEs.
- Liaise with relationship management and front office trading to support counterparty review of lending supply.
- Manage the collection of up-to-date financial information for all of our counterparties.
- Under direction of credit team leader, participate in periodic and ad-hoc due diligence calls and visits.
- Proactively review and analyze credit utilization reports and investigate any over-limit conditions.
- Help manage the relationship between Front Office Risk and Enterprise Risk Management.
- Inform Enterprise Risk Management of all relevant developments involving counterparties.
- Perform any other tasks assigned to support the Front Office Credit and Market Risk teams.
Desired Skills & Experience
- Bachelor's Degree or equivalent in an economics or business-related field.
- 2-5 years’ experience in counterparty credit risk preferred.
- Formal credit training is strongly preferred.
- Professional designation (CFA, FRM) preferred but not required.
- Strong risk management and control focus.
- A demonstrated ability to multi-task and operate in a fast-paced, deadline-oriented environment.
- Strong verbal and written communication skills.
Salary Range:
$70,000 - $118,750 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Risk Manager Job Roles in Massachusetts
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Search Risk Manager Jobs in MassachusettsRisk Manager Jobs in Massachusetts: Frequently Asked Questions
Which companies sponsor visas for risk managers in Massachusetts?
Liberty Mutual, Hanover Insurance, State Street, Fidelity Investments, and Mass General Brigham are among Massachusetts employers with documented visa sponsorship histories for risk-related roles. Large financial institutions and hospital systems tend to have established immigration support infrastructure, making them more consistent sponsors than smaller firms. Biotech companies in the Cambridge corridor also hire for operational and clinical risk functions.
Which visa types are most common for risk manager roles in Massachusetts?
The H-1B visa is the most common visa for risk managers in Massachusetts, as the role typically qualifies as a specialty occupation requiring at least a bachelor's degree in finance, statistics, actuarial science, or a related field. Candidates with advanced degrees may also pursue EB-2 green card pathways. Those already holding L-1 visa status through multinational employers can sometimes transfer into risk management positions without entering the H-1B lottery.
Which cities in Massachusetts have the most risk manager sponsorship jobs?
Boston concentrates the majority of risk manager sponsorship activity, driven by its financial services, healthcare, and insurance sectors. Cambridge is a secondary hub, particularly for biotech and university-affiliated risk roles. Worcester hosts regional insurance and healthcare employers that occasionally sponsor, and Springfield's proximity to Hanover Insurance's regional operations adds additional opportunities outside the Greater Boston area.
How to find risk manager visa sponsorship jobs in Massachusetts?
Migrate Mate filters job listings specifically by visa sponsorship availability, making it easier to identify Massachusetts employers actively open to sponsoring risk manager candidates. Rather than sorting through general postings, you can search directly for risk management roles in Boston, Cambridge, or Worcester where sponsorship is confirmed or indicated. Migrate Mate's board is designed for international candidates navigating the H-1B and similar pathways.
Are there state-specific factors that affect risk manager visa sponsorship in Massachusetts?
Massachusetts employers must meet Department of Labor prevailing wage requirements when sponsoring H-1B workers, and the Boston metro area's prevailing wages for risk managers are among the higher benchmarks nationally, reflecting the region's cost of living. The state's concentration of universities, including Harvard, MIT, and Boston University, creates a steady pipeline of internationally educated candidates, which has made many local employers familiar with sponsorship processes compared to employers in less competitive markets.
What is the prevailing wage for sponsored risk manager jobs in Massachusetts?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.