State Street Senior Sales Trader, Vice President in Boston, Massachusetts
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.
Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.
State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.
Global Treasury (GT) is responsible for overall balance sheet management including credit, interest rate, and liquidity risk management. Global Treasury’s Liability Management (LM) Group is responsible for long and short term funding, cross currency funding, derivative trading, short term investments, and share repurchases. LM is currently looking for a Sales Trader who will have primary responsibility for the company’s interest rate derivative trading, as well as secondary responsibility for several other trading activities. An ideal candidate will have a strong trading background, and be well versed in recent banking regulations including Volcker.
Responsible for the analysis and execution for all interest rate derivative activity conducted by Global Treasury
Recommends and implements trading and hedging strategies to minimize risk of interest rate and foreign exchange exposures through use of derivatives
Assists in managing the relationships with the investment banking community to obtain relevant capital markets information and observes trends in the rates market
Assists in the execution of capital markets strategies
Oversee Global Treasury’s Volcker reporting; identify Volcker functions which can be more appropriately performed by other groups; ensure a proper control process with regard to regulatory reporting and execution of trades
Monitors market liquidity, pricing and volatility. Escalates trading opportunities and risks factors through appropriate management channels
Advises senior management and related functions on important trends and developments in regulations and markets
Act as a trader for other Global Treasury sectors, both on the asset and liability side
Maintains awareness of the global regulatory environment, ensures compliance, analyzes potential impacts and formulates responses for Liability Management
Maintains in-depth knowledge of fixed income instruments, financial markets and economics
Ensures compliance with internal risk and counterparty guidelines
Recommends technology integration efforts for the funding desk
Four year business degree. BS/BA (Finance/Economics preferred)
Ten years of experience in financial services or trading environment
Experience in derivative trading
Experience managing projects/processes
Ability to convey complex ideas to senior management
Strong knowledge of financial products and balance sheet management
Knowledge of new banking regulations
Strong written and verbal communication
Familiarity with Summit and Bloomberg systems a plus
Boston - MA - USA
To apply to this position, follow the "apply now" link. To locate this position in our application page, please use the KEYWORD search functionality and insert either the State Street Job ID or the Location.
Job Title: Senior Sales Trader, Vice President
Job ID: 160468
Full/Part Time: Full FTE