FX Sales - Alternatives, Vice President

State Street • Boston, MA

5d • $200,000 - $200,000

About The Position

This position is part of the Alternatives FX Sales team within SSGM and will have primary responsibility to distribute a diverse range of FX products and research to institutional investors. The role will require developing and maintaining client relationships, providing daily FX coverage, academic research, innovative eFX solutions, and competitive pricing and execution across G10 and EM. 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 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.

Requirements

• Sophisticated understanding of foreign exchange and interest rate derivative trading products and the application to asset managers, hedge funds and alternative managers.
• Detailed understanding of the regulatory environment and market structure.
• Long track record of demonstrated commercial orientation covering institutional clients including existing and new business development.
• Ability to collaborate across organizational boundaries.
• Self starter, with excellent communication skills.
• History of strong team performance and achievement in the sales arena.
• BS/BA degree required
• 5-15 years of experience in FX or related markets
• Strong interpersonal, communication skills and team orientation
• Creativity, intellectual curiosity, and the ability to learn continuously

Nice To Haves

• Master's degree or CFA preferred
• Foreign language considered a plus

Responsibilities

• Manage a portfolio of institutional client FX relationships with a focus on the alternatives segment.
• Prospect new clients and grow the existing franchise by leveraging State Street’s trading, research, and technology tools.
• Achieve goals regarding client acquisition, volume of business, and cross sell.
• Collaborate with SSM trading and strategy to deliver quantitative indicators and macro thought leadership.
• Assume responsibility for new business initiatives including working with internal teams on corporate wide initiatives.
• Pursue risk excellence including adhering to procedures, regulations and credit limits.
• Leverage e-FX technology and data to drive effective business growth and trading volumes.

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.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
• inclusive development opportunities
• flexible work-life support
• paid volunteer days
• vibrant employee networks

What This Job Offers

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