Specialized eFX AI Trading Quant, Vice President

This is one of two identical front office, trading floor roles with the eFX Quant Trading team. We're a friendly, collaborative, multi-disciplinary team, with diverse trading strategies across spot FX, NDFs, and swaps. The ideal people for these roles have eFX modelling experience and practical experience with applying neural nets to time series modelling. People who lack eFX experience, but have several years of real-world experience applying neural nets to time series in any industry, or as the focus of a research degree or post-doc, are strongly encouraged to apply. Similarly, people with solid quant trading experience (in FX, cash equities, or futures) and practical experience with machine learning techniques are also strongly encouraged.

The roles are for the London office, but being based in the Boston office instead is a possibility. These roles can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

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.

As an eFX AI Quant Trader you will:

• Create profitable and robust trading signals, strategies, and models to make a significant contribution to P&L targets and eFX growth
• Apply your experience with time series AI to try to solve some of our most challenging problems
• Tackle modelling and analysis challenges in Market Making, Alpha, and Benchmark execution
• Using public and proprietary data, identify new opportunities to generate P&L
• Develop research all the way from prototype to production
• Analyse the behaviours of production trading models on an on-going basis, looking for areas of improvement
• Share your expert AI insights and guidance with eFX colleagues

These skills will help you succeed in this role:

• Creative thinkers who are motivated by challenging (stochastic, non-stationary, non-linear, partially observed, very low SNR) problems
• A firm understanding of why just throwing data at say TensorFlow libraries doesn't work
• A healthy scepticism about the robustness and generalisability of in-sample results
• A working habit of first investigating simpler, parsimonious models
• Desire to work within a collaborative, team-driven environment

Education & Preferred Qualifications:

• Post-graduate degree in a quantitative discipline (engineering, statistics, mathematics, physics, or similar)
• Experience of a fast prototyping language such as Python (preferably), or Matlab, R, etc.
• Working knowledge of an industrial scale language such as Java or C++ is a plus

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.

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.

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.

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.