Derivatives Trader, AVP - State Street Investment Management

State Street • Boston, MA

1d • $90,000 - $157,500

About The Position

The Derivatives Trader, AVP supports State Street Investment Management’s multi-asset trading desk, which serves index, quantitative, active, liability-driven, overlay, and asset allocation strategies. The role provides exposure to exchange-traded and OTC derivatives used across global investment portfolios, with secondary support for equities and foreign exchange. The successful candidate works alongside traders in Boston, London, and Hong Kong and reports directly to the Head of Trading Americas in Boston. The position is located in Boston, Massachusetts.

The trader supports the derivatives trading team and global Portfolio Management teams, with primary responsibility for derivatives. They ensure accurate, timely, high-quality execution of client orders and work with executing brokers to develop relationships, gather market information, explore execution strategies, and resolve exceptions. The role also collaborates with Portfolio Management, IT, Risk, Operations, Legal, Sales, Marketing, and Compliance.

The position involves using data and analytics to assess execution performance and identify opportunities, as well as contributing to trading technology improvements, workflow automation, process optimization, reporting, and operational resilience. The role requires a strong interest in markets and investing, sound judgment, accountability, and the ability to manage competing priorities in a fast-paced team environment.

Requirements

• At least 2 years of previous buy-side or sell-side derivative trading experience.
• General understanding of derivatives markets, equities, and foreign exchange.
• Proficiency in Bloomberg and execution management systems.
• Knowledge of clearing, margining, collateral management, and derivative lifecycle processes.
• Demonstrated interest in capital markets, macroeconomics, and investing.
• Ability to operate as part of a team in a fast-paced environment, manage competing priorities, and adapt flexibly.
• Strong written and verbal communication skills.
• Strong sense of ownership, accountability, and partnership, with an investor-centric perspective.
• Ability to maintain conduct and integrity standards and comply with industry practices, company policies, statutes, and regulatory requirements.

Nice To Haves

• Four-year education degree or higher.
• Experience with some or all of Excel, Python, Java, VBA, and SQL.
• Tableau data-visualization experience.

Responsibilities

• Provide support and assistance to the derivative trading team.
• Provide coverage to global Portfolio Management teams, with a primary focus on derivatives.
• Ensure the quality, accuracy, and timely execution of client orders.
• Communicate and work with executing brokers to deepen relationships, gather market color, explore execution strategies, and resolve exceptions.
• Build close cooperation and relationships with Portfolio Management, IT, Risk, Operations, Legal, Sales, Marketing, and Compliance.
• Use data and analytics to evaluate execution performance and identify trading opportunities.
• Contribute to trading technology enhancements, workflow automation, and process optimization initiatives.
• Partner with technology teams to improve trading tools, reporting, and operational resiliency.
• Maintain high standards of conduct and integrity and ensure compliance with industry practice, company policies, statutes, and regulatory requirements.

Benefits

• 401(k) retirement savings plan with company match.
• Insurance coverage including basic life, medical, dental, vision, and long-term disability, with other optional additional coverages.
• Paid time off, including vacation, sick leave, short-term disability, and leave for family care responsibilities.
• Access to an Employee Assistance Program.
• Incentive compensation, including eligibility for annual performance-based awards, subject to stated exclusions.
• Eligibility for certain tax-advantaged savings plans.
• Inclusive development opportunities, flexible work-life support, paid volunteer days, and employee networks.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed