Secured Financing, Fixed Income Repo Trader, Assistant Vice President (onsite)

State Street•Boston, MA

2d•Onsite

About The Position

Secured Financing is looking for a fixed income repo trader to support the execution and the growth of the activity in the region. Some knowledge of funding markets and relationships with market participants is preferred. Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available. The team you will be joining is a part of State Street Markets. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to the Markets business unit. As our investment research and trading arm, State Street Markets’ 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.

Requirements

BS/BA (Finance/ Economics)
Strong Excel and Power Point
fixed income market experience
Familiarity with business intelligence tools such as Qlik or Tableau
Python coding experience

Nice To Haves

Some knowledge of funding markets and relationships with market participants is preferred.
Some experience in preparing presentations for management
Ability to support multiple initiatives through independent or collaborative work
Ability to be able to lead, implement, and follow through to completion
Ability to think critically to understand existing process and identify opportunities for improvement

Responsibilities

Lead in managing a new repurchase agreement program to facilitate funding and customer demand to enhance net interest income
Trade entry and position recon
Initiate and maintain client relationships for trading
Understand and analyze markets to capitalize on opportunities and effectively execute the team’s trading strategies
Forecast daily cash requirements and execute daily financing decisions
Analyze central bank actions and the impact of those actions on the market
Understand and analyze capital, liquidity and credit impact of trades
Develop and maintain trading dashboards using business intelligence software

Benefits

competitive and comprehensive benefits packages
generous medical care
insurance
savings plans
flexible Work Programs
development programs
educational support
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
paid volunteer days
matching gift programs
access to employee networks