eFX Quant Trading Buy-Side Specialist, Vice President

Who we are looking for

The State Street eFX Trading team has been highly successful, with significant business and revenue growth. On the back of that success, Global Markets is investing further in the business to accelerate growth through an ambitious three-year eFX expansion strategy.

We are looking for an eFX specialist with extensive top-tier non-bank eFX quant trading experience.

We have successful and sophisticated fully automated market making, alpha, benchmark, and client execution algo businesses, but we are looking for someone with unique buy-side perspectives and strategies to complement the team's experience.

There is plenty of scope for the successful candidate to shape the role according to their experience and ideas. They will be part of a well-resourced and friendly team of eFX quant traders and developers.  Currently traded instruments are FX spot and NDFs, but we are open to expanding into other financial instruments and asset classes depending on the candidate's experience and strategies.

The role is in the London office, but being based in the Boston office instead is a possibility. 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.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

As an eFX Quant Trading Buy-Side Specialist, you will:

• Define and work on and / or manage projects in any of eFX’s business areas
• Tackle some or all aspects of project lifecycle (research, analysis, prototyping, production coding,  etc.) depending on your experience and interest
• Share your expert insights and experience with other team members
• Have opportunities to learn areas of eFX and modelling, including AI / ML, which may be new to you

What we value

These skills will help you succeed in this role

• Detailed understanding of: order book dynamics, different types of client flows, idiosyncrasies of different FX markets, market data, and liquidity pools

Education & Preferred Qualifications

• Required: extensive eFX quantitative trading experience at a top-tier buy-side firm
• Preferred: post-graduate degree in a quantitative discipline
• Preferred: experience of a fast prototyping language, e.g. Python, Matlab, R, etc..
• Preferred: working knowledge of an industrial scale language such as Java or C++

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.

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