Trading, VP - State Street Investment Management

State Street•Boston, MA

1d•$120,000 - $202,500•Onsite

About The Position

The State Street Investment Management Trading team is a multi-asset trading desk developed to meet diverse client demands. In this role, you will be responsible for trading the US-based derivatives business, including futures, total return swaps, and options (listed, FLEX, and OTC). Secondary roles will involve equities and foreign exchange. This is a fantastic opportunity to trade for a wide range of investment strategies and teams at State Street Investment Management. This job is located in Boston, Massachusetts.

Requirements

5+ years of previous buy-side or sell-side derivative trading experience.
Deep interest in markets.
Ability to manage trading costs.
Ability to deliver a high level of service in a fast-paced environment.
Proficient trading experience of derivatives in algorithmic, list-based, RFQ, and Block execution channels.
Proficient in Bloomberg and execution management systems.
Solid understanding of markets, market forces, managing risk, and market microstructure.
Maintain the highest standards of conduct and integrity within the business and ensure compliance with industry practice, company policies, statute, and regulatory requirements in all matters.
Possess both an ownership mentality of the derivative space and also a strong investor mindset.
Possess the ability to operate in a fast-paced environment; having flexibility and the skill to manage competing priorities.
Possess strong written and verbal communication skills.
Ability to work in a dynamic, team-oriented environment.
Attention to detail and strong risk management qualities are crucial.
Ability to be a self-starter and build own/upgrade existing workflows.

Nice To Haves

Four-year education degree or higher preferred.
Data Science experience with some or all of Excel, Python, Java, VBA, SQL preferred.
Tableau data-visualization experience a plus.

Responsibilities

Provide coverage to the global Portfolio Management teams with primary focus on derivatives.
Responsible for ensuring quality, accuracy, and timely execution of client orders.
Engage and communicate effectively with executing brokers to deepen relationships, gather market color, explore execution strategies, and resolve exceptions.
Assist in the ongoing development of derivative trading capabilities, developing avenues of execution and reviewing/enhancing Transaction Cost Analysis.
Add instrument expertise as business requirements dictate.
Disseminate trade ideas, market insight, and commentary as needed or desired.
Ensure close cooperation and relationship building with support and oversight functions such as Portfolio Management, IT, Risk, Operations, Legal, Sales, Marketing, and Compliance.

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 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