Front Office Trading Services, Senior Associate

State Street • Boston, MA

1d • Onsite

About The Position

We are looking for a motivated candidate who is eager to learn and expand their analytical and communication skills, while providing day-to-day support for Sales and Trading teams across Foreign Exchange and Financing Solutions. Great learning opportunity to get immersed in Foreign Exchange and Financing Solutions across Markets, working closely with Sales and Trading teams! The team works on the trading floor, in-office presence is required. The Front Office Trading Services (FOTS) team provides support across the globe (North America, Europe, and Asia-Pacific) for State Street Market’s Sales & Trading Desks and acts as the primary liaison for external and internal clients. In addition to trading support and client services, the team works closely with Operations groups and participates in projects related to new trading initiatives, platform onboarding, integration, testing and implementation planning. Why this role is important to us The team you will be joining is a part of State Street Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM’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 we value These skills will help you succeed in this role Strong willingness to learn systems, processes and new technical skills Ability to work as part of a team and under own initiative as well Ability to work under pressure and manage multiple priorities in a deadline driven environment

Requirements

• Bachelor’s degree or equivalent
• Excellent communication, interpersonal and relationship skills
• Strong analytical and problem-solving skills
• Very strong attention to detail
• Familiarity with Microsoft Office applications and CoPilot – Word, Excel, Access, PowerPoint

Nice To Haves

• Some financial services industry and exposure to foreign exchange and/or agency lending is preferred but not required
• Some Client facing is preferred but not required

Responsibilities

• Assist SSM Sales & Trading in trade support capacity and related responsibilities
• Research and resolve trade related inquiries from Sales and Trading, back office, fund groups, and clients
• Monitoring SSM’s trading systems and address/resolve issues with appropriate escalations.
• Cancelling, modifying, and rebooking trades (post-execution)
• Supporting platform onboarding tasks (Front Office components) as needed
• Communicate and maintain strong working relationships with multiple departments (Trading, Operations, Finance, Technology, third party vendors) to resolve breaks and trade discrepancies on a time sensitive basis
• Participate in various projects that require FOTS expertise, involvement with testing or future support
• Understand the intricacies of manual and/or exceptional processes on the FX/FS desks and work with IT, Credit & Compliance, Operations and Business Analysis teams to improve process inefficiencies
• Liaise with Client Support Services team with queries relating to the on-boarding of new business
• Produce reporting for clients and internal use
• Strictly follow the controls and procedures to reduce risk to Business

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees