At a Glance
- Tasks: Join our eFX Trading team to manage projects and share insights in a dynamic environment.
- Company: State Street is a leading global custodian bank and asset manager with over 200 years of experience.
- Benefits: Enjoy flexible work options, competitive medical care, and comprehensive development programs.
- Why this job: Make an impact in capital markets while working with a friendly, innovative team.
- Qualifications: Extensive eFX trading experience required; post-graduate degree and coding skills preferred.
- Other info: Diversity and inclusion are core values; we welcome candidates from all backgrounds.
The predicted salary is between 72000 - 108000 £ per year.
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.
eFX Quant Trading Buy-Side Specialist, Vice President - State Street Corporation employer: State Street Corporation
Contact Detail:
State Street Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land eFX Quant Trading Buy-Side Specialist, Vice President - State Street Corporation
✨Tip Number 1
Network with professionals in the eFX trading space. Attend industry conferences, webinars, and meetups to connect with individuals who work at State Street or similar firms. Building these relationships can provide you with insider knowledge and potentially a referral.
✨Tip Number 2
Stay updated on the latest trends and technologies in eFX trading, particularly around AI and machine learning. Demonstrating your knowledge of these areas during interviews can set you apart as a candidate who is forward-thinking and innovative.
✨Tip Number 3
Prepare to discuss your unique buy-side perspectives and strategies in detail. Think about how your previous experiences can contribute to the team’s success and be ready to share specific examples that highlight your expertise.
✨Tip Number 4
Familiarise yourself with State Street's culture and values. Understanding their commitment to diversity, inclusion, and community engagement can help you align your responses during interviews and show that you are a good fit for their team.
We think you need these skills to ace eFX Quant Trading Buy-Side Specialist, Vice President - State Street Corporation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive eFX quantitative trading experience. Focus on relevant projects and achievements that demonstrate your expertise in the field, particularly in top-tier buy-side firms.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your unique perspectives and strategies can contribute to the eFX Trading team’s success and align with their ambitious expansion strategy.
Showcase Technical Skills: Clearly outline your proficiency in programming languages such as Python, Matlab, R, Java, or C++. Provide examples of how you have used these skills in previous roles, especially in fast prototyping or quantitative analysis.
Highlight Team Collaboration: Emphasise your ability to work well in a team environment. Mention any experiences where you shared insights or collaborated on projects, as this aligns with the company's value of teamwork and knowledge sharing.
How to prepare for a job interview at State Street Corporation
✨Showcase Your Quantitative Skills
Make sure to highlight your extensive eFX quantitative trading experience. Be prepared to discuss specific projects you've worked on, the methodologies you used, and the outcomes achieved. This will demonstrate your expertise and how it aligns with the team's needs.
✨Understand the Market Dynamics
Familiarise yourself with order book dynamics, client flows, and the idiosyncrasies of different FX markets. Being able to discuss these topics in detail will show that you have a deep understanding of the market, which is crucial for this role.
✨Be Ready to Discuss Technology
Since the role involves working with various programming languages, be prepared to talk about your experience with fast prototyping languages like Python or Matlab, as well as industrial scale languages such as Java or C++. Highlight any relevant projects where you applied these skills.
✨Demonstrate Team Collaboration
State Street values teamwork, so be ready to share examples of how you've collaborated with others in previous roles. Discuss how you’ve shared insights and supported team members, as this will illustrate your ability to fit into their friendly team environment.