At a Glance
- Tasks: Join our eFX Quant Trading team to create innovative trading strategies and models.
- 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 collaborating with a diverse and innovative team.
- Qualifications: Post-graduate degree in a quantitative field and experience with AI and time series modelling.
- Other info: Hybrid work model available; we value diverse backgrounds and encourage all to apply.
The predicted salary is between 72000 - 108000 £ per year.
Who we are looking for 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. 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 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 What we value 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 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.
Specialized eFX AI Trading Quant, 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 Specialized eFX AI Trading Quant, Vice President - State Street Corporation
✨Tip Number 1
Familiarise yourself with the latest trends in eFX trading and AI applications. Understanding the current market dynamics and how neural networks are being used can give you an edge during discussions with the team.
✨Tip Number 2
Network with professionals in the eFX and quant trading space. Attend industry conferences or webinars to meet potential colleagues and learn more about the challenges they face, which can help you tailor your approach.
✨Tip Number 3
Brush up on your programming skills, especially in Python, as it's preferred for prototyping. Being able to demonstrate your coding abilities in practical scenarios can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your past experiences with time series modelling and machine learning. Be ready to share specific examples of how you've tackled complex problems, as this will showcase your problem-solving skills and creativity.
We think you need these skills to ace Specialized eFX AI Trading Quant, Vice President - State Street Corporation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in eFX modelling and neural networks. Emphasise any practical applications of machine learning techniques, especially in time series analysis.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience with trading strategies and AI.
Showcase Your Technical Skills: Clearly list your technical skills, including programming languages like Python, Java, or C++. Mention any experience with fast prototyping and industrial-scale applications, as these are crucial for the role.
Highlight Collaborative Experience: Since the role values teamwork, include examples of past collaborative projects. Describe how you contributed to team success and how you can bring that collaborative spirit to State Street Corporation.
How to prepare for a job interview at State Street Corporation
✨Showcase Your Technical Skills
Be prepared to discuss your experience with neural networks and time series modelling in detail. Bring examples of past projects or research that demonstrate your ability to apply these techniques effectively.
✨Understand the eFX Landscape
Even if you lack direct eFX experience, make sure to research the fundamentals of FX trading and the specific challenges faced in this area. This will show your commitment and understanding of the role.
✨Demonstrate Problem-Solving Abilities
Prepare to discuss how you've tackled complex modelling challenges in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your analytical thinking.
✨Emphasise Team Collaboration
Since the role involves working within a collaborative environment, be ready to share examples of how you've successfully worked in teams. Highlight your communication skills and how you contribute to a positive team dynamic.