Multi Asset Class Trader, Vice President

State Street • New York, NY

3d • $170,000 - $175,000 • Onsite

About The Position

Multi Asset Class Trader, Vice President Who we are looking for A Multi Asset Class Trader, VP who will execute United States and Latin American equity activity for the team. The role is a key member of the Portfolio Solutions trading team, serving as execution management point person for equities on behalf of the business’ transition management, portfolio trading and partnered trading clients. The role will include coordination across all 3 global regions: Americas, EMEA, and APAC with the potential to progress into other asset classes including fixed income and/or derivatives . Due to the nature of this role, it is required to be onsite five days per week. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen, we need driven individual contributors within our organization to cultivate overall team success. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

• 2-5 years of Capital Markets experience across multiple asset classes, concentrated on execution trading, regulatory compliance, and middle office processes.
• Must currently hold US FINRA Series 7 and 63
• Firm understanding of global equity securities markets and best execution standards within those markets.
• Ability to multitask in a fast paced, market-driven trading floor environment under the stress of high volume and tight deadlines.
• Ability to diagnose, recommend, resolve, and implement process improvements.
• Ability to service across various product lines, ensuring compliance to industry rules and regulations and multiple market conventions.
• Excellent written and verbal communication skills including the ability to communicate with internal and external clients easily and comfortably on trade mandates and instructions.

Nice To Haves

• Bloomberg and Fidessa proficiency preferred.
• Flexible hours, including holidays and non-US hours, as required.
• BS/BA degree required, master’s degree preferred.

Responsibilities

• Take responsibility for executing regional program trading assignments and single security orders in accordance with agreed upon instructions from the firm’s transition management and partnered trading client base.
• Assist with management of the firm’s counterparties (both internal and external) and technology relationships, including continual evaluation and design/redesign of the firm’s workflow to improve efficiencies and minimize errors.
• Take ownership for regional best execution responsibilities and counterparty execution quality analysis.
• Understand, comply, and implement necessary regulatory responsibilities for portfolio execution.
• Collaborate with other regional trading desks to accomplish global strategic initiatives.
• Assist with the compilation of daily regulatory oversight documents and procedures.

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