Agency Lending North America Trading, Vice President

State Street•Boston, MA

8d•Onsite

About The Position

State Street’s award-winning Agency Lending team is a global leader in Securities Finance and a flagship product within our Global Markets business. We provide innovative financing solutions in a $3.97 trillion industry that supports liquidity across global financial markets. We generate over $1.2 billion in annualized revenue for more than 225 active clients, including some of the world’s largest sovereign wealth funds, asset managers, and pension funds, who entrust us with over $5 trillion in lendable inventory. Our trading desks operate across six global locations, engaging with over 150 banks, brokers, and investment managers in 37 lending markets. Our traders drive client revenue by lending securities in exchange for fees, leveraging a wide range of data inputs—from macroeconomic trends to company-specific events—to price and manage trades throughout their lifecycle. We are seeking a dynamic and strategic Vice President to join our Agency Lending team within the Securities Finance division. The ideal candidate is a seasoned professional with deep expertise in securities lending, a strong understanding of global financial markets, and a proven ability to drive business growth while managing risk. You are a collaborative leader who thrives in a fast-paced environment and can build strong relationships with institutional clients, internal stakeholders, and external counterparts. Also, · Demonstrate strong management potential, as leadership capability is key to success in this role · Has excellent verbal and written communication skills to build relationships with counterparties and clients · Seeks to find ways to drive productivity and efficiencies · Accepts feedback to continually develop and improve · Problem solver

Requirements

5+ years of experience in Securities Finance or a related trading role
Deep understanding of corporate action trading fundamentals preferred
Exceptional communication and interpersonal skills
Proven ability to lead and mentor in a team environment
Strong organizational skills and attention to detail
Ability to manage multiple priorities in a dynamic setting
Proficiency in QlikView, VBA, Python (Pandas/Numpy), or similar tools
Bachelor’s degree in business, finance, STEM, or related discipline

Responsibilities

Lead and manage the agency lending program, including oversight of lending strategies, collateral management, and client servicing.
Meet revenue targets and achieve optimal return to lendable assets for clients while managing within appropriate risk limits
Monitor market trends, regulatory developments, and competitive landscape to inform strategic decisions of our lending program
Proactively engage with subject matter experts to glean business and market knowledge
Maintain and enhance relationships with clients, and counterparties.
Evaluate collateral options in terms of both value and risk, and provide cash liquidity where applicable
Innovate and explore ways to improve current systems and processes
Collaborate with trading, operations, legal, compliance, and risk management teams to ensure seamless execution
Represent the firm at industry events, conferences, and client meetings to promote the agency lending platform.
Comply and adhere to all global trading procedures

Benefits

Competitive salary and opportunity for discretionary bonus
Paid day off for birthday on us
Numerous benefits including 401k, healthcare, dental plan, legal and identity theft coverage
Wellbeing and health programs
Mentoring schemes
Personal development opportunities and extensive web-based training catalogue
Global inclusion, global outreach and corporate citizenship programs including volunteering
Dynamic and diverse international and multi-cultural working environment
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)
eligibility for certain tax advantaged savings plans