At a Glance
- Tasks: Manage and trade multi-billion EUR/GBP portfolios in a dynamic cash management role.
- Company: Join State Street, a leading inclusive employer committed to diversity and social responsibility.
- Benefits: Enjoy flexible work options, paid volunteer days, and access to supportive employee networks.
- Why this job: Be part of a core business unit that values collaboration, integrity, and investment excellence.
- Qualifications: Bachelor's degree in finance or related field; 5-10 years of relevant experience required.
- Other info: Located in London, this role offers a chance to thrive in a fast-paced environment.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Global Cash Management: Portfolio Manager/Trader. Assistant Vice President (AVP), State Street Investment Management– London
We are currently looking to hire a talented and initiative-driven candidate to join our Global Cash Management team. You will join our business in a dual role as a Portfolio Manager/Trader and will be responsible for the daily management of our GBP/EUR Cash strategies. It is a complex role, offering an opportunity to be a part of a core business unit within a demanding environment. We are looking for applicants with an undergraduate and/or graduate degree in business, economics, or finance, CFA designation is a plus, who have at least 5 years of relevant experience in Cash/Money Markets portfolio management. The ideal employee has excellent analytical skills; communicates ideas clearly – both verbally and in writing; able to work in an unstructured environment under tight deadlines; enjoys working in a team environment; demonstrates integrity and inspires trust and confidence in others.
JOB SCOPE:
Responsibilities for Portfolio Manager / Trader include, but not limited to:
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In a dual role, manage and trade multi-billion EUR/GBP portfolios that cover registered and private Money Market funds as well as Cash separately managed accounts (SMAs).
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Experience with short term securities such as Repo, Euro Commercial Paper, Bonds, Bills, Certificates of Deposit, Asset Backed Commercial Paper.
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Ensure effective management of client portfolios in line with their respective investment objectives, guidelines, and restrictions.
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Ensure that the portfolio strategy operates within compliance restrictions alongside internal and external regulations.
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Communicate clear investment philosophy and process, maintaining high performance goals, and returns.
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Assist management with defining strategy and market opportunities, maintaining client relationships, business development and marketing.
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Be an enthusiastic team member who can collaborate clearly at all levels.
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Committed to investment excellence, with strong diligence and a collaborative attitude.
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Ability to embrace multiple internal systems to facilitate daily management of cash funds.
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Candidate will be based in our London offices.
MINIMUM REQUIREMENTS:
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Bachelor in Banking/Business/Economics/Finance from a recognized university or college
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At least 5-10 years of relevant working experience
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Strong social and people skills
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Able to work in a demanding environment and handle pressure
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Meticulous, resourceful, and critical individual
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Proficient in Microsoft Office applications, Bloomberg
Across the world, 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 critical to our continued success.
Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our values. It's also part of our dedication to inclusion, development and engagement, and corporate social responsibility. You will 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.
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Global Cash Management: Portfolio Manager/Trader. Assistant Vice President, State Street Investme... employer: State Street
Contact Detail:
State Street Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Cash Management: Portfolio Manager/Trader. Assistant Vice President, State Street Investme...
✨Tip Number 1
Familiarise yourself with the latest trends in cash management and money markets. Being well-versed in current market conditions and strategies will not only boost your confidence but also demonstrate your proactive approach during interviews.
✨Tip Number 2
Network with professionals in the finance sector, especially those who work in cash management or trading roles. Attend industry events or join relevant online forums to build connections that could provide insights or referrals for the position.
✨Tip Number 3
Prepare to discuss your experience with specific financial instruments mentioned in the job description, such as Repo and Euro Commercial Paper. Having concrete examples of how you've managed these assets will set you apart from other candidates.
✨Tip Number 4
Showcase your analytical skills by being ready to solve case studies or hypothetical scenarios related to portfolio management during the interview. This will highlight your problem-solving abilities and your fit for the role.
We think you need these skills to ace Global Cash Management: Portfolio Manager/Trader. Assistant Vice President, State Street Investme...
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cash/money markets portfolio management. Emphasise your analytical skills and any specific achievements that demonstrate your ability to manage complex portfolios.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to State Street and how your background aligns with the role of Portfolio Manager/Trader. Mention your understanding of GBP/EUR cash strategies and your commitment to investment excellence.
Highlight Relevant Qualifications: If you have a CFA designation or any other relevant qualifications, make sure to mention them prominently. Also, include your educational background in business, economics, or finance, as this is a key requirement for the position.
Showcase Team Collaboration Skills: In your application, provide examples of how you've successfully worked in team environments. Highlight instances where you've communicated effectively and collaborated with others to achieve common goals, as this is crucial for the role.
How to prepare for a job interview at State Street
✨Showcase Your Analytical Skills
As a Portfolio Manager/Trader, analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to make investment decisions or manage portfolios effectively.
✨Communicate Clearly
Since the role requires clear communication of investment philosophies, practice articulating your thoughts on market strategies and portfolio management. Use concise language and be ready to explain complex concepts simply.
✨Demonstrate Team Collaboration
This position values teamwork, so share experiences where you successfully collaborated with others. Highlight your ability to work under pressure while maintaining strong relationships with colleagues and clients.
✨Understand Compliance and Regulations
Familiarise yourself with compliance restrictions and regulations relevant to cash management. Be ready to discuss how you have ensured adherence to these in your previous roles, as this is a key responsibility in the job.