eFX Quantitative Developer, AVP - Global Markets

State Street•Boston, MA

About The Position

At State Street, our electronic foreign exchange offering is a cornerstone of our global product range, connecting markets directly with counterparts, exchanges, and e-trading venues worldwide. We’ve experienced remarkable growth since our inception, expanding our market-making, algorithmic, and benchmark execution capabilities. Now, we’re excited to welcome new talent as we continue to innovate and shape the future of eFX. Our eFX trading desk processes billions of datapoints daily, requiring continuous innovation in infrastructure to provide actionable insights. As we support ongoing business growth, we’re seeking a talented individual with both quantitative and technological expertise to engage across multiple aspects of our trading business. You’ll collaborate closely with experts across disciplines, applying your skills in computer science, statistics, and machine learning to bespoke high-frequency, asynchronous datasets, and develop automated trading strategies for the eFX business. You’ll join a dynamic, supportive team where your contributions will directly influence our strategic direction. We value diverse perspectives and innovative approaches, and your ideas will be heard. This role offers extensive opportunities for professional development, mentoring, and access to advanced resources. If you’re passionate about innovation in eFX and looking for a place where your expertise can help drive our continued success, we’d love to hear from you.

Requirements

2–3 years eFX trading experience
Experience with automated pricing and risk management for principal electronic trading books
Degree in computer science or related discipline
Experience with a data analysis & modelling language (e.g. Python, Matlab, etc.)
Experience developing with a production system language (e.g. Java, C++, etc.)
Experience using Git for version control
Experience with AI coding tools throughout the development lifecycle
Experience in backtesting and implementing signals based on high-frequency asynchronous tick data

Nice To Haves

Creative thinkers motivated by challenging problems
Self-starters hungry to learn
Experience developing user interfaces for data analysis
Experience developing software, including use of artificial intelligence for analyzing/manipulating large datasets and providing business insights
Ability to provide domain expertise on relevant business areas

Responsibilities

Collaborate closely with experts across disciplines, applying your skills in computer science, statistics, and machine learning to bespoke high-frequency, asynchronous datasets.
Develop automated trading strategies for the eFX business.
Engage across multiple aspects of our trading business.

Benefits

retirement savings plan (401K) with company match
insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
paid-time off including vacation, sick leave, short term disability, and family care responsibilities
access to our Employee Assistance Program
incentive compensation including eligibility for annual performance-based awards
eligibility for certain tax advantaged savings plans
inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks