FX Forwards Trader, Vice President (m/f/d) - #2197947

Who We Are Looking For

As a Forward FX trader you will oversee and manage market risks that have an impact to the region’s Sales & Trading and Research business, typically driven by changes or opportunities in Foreign Exchange markets, client demand or by market driven events. The responsibilities will include the identification of risks, the analysis and the development of a trading strategy around these risks as well as the coordination across different areas, regions and groups that have an involvement, contribute to or have a responsibility in handling and resolving these risks.

Why this role is important to us

The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.

With our FX solutions, investors can access a wide range of markets and jurisdictions using our decision-making and strategy planning tools, diverse funding options and trading strategies. We deliver sophisticated avenues to tap into new sources of liquidity, capitalize on market opportunity and transact efficiently in any market environment. We have a range of solutions from various high- to low-touch principal execution methods, and outsourced agency hedging and execution solutions through our currency management offering.

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What You Will Be Responsible For

• Provide liquidity provision to our clients and the subsequent risk management of any risk transfer.
• Manage our inventory to facilitate our client requirements and add revenue.
• Drive the expansion of our client centric FX Swaps markets business in EMEA. Meet with clients to develop and deepen our relationships.
• Analyze, discuss, and develop strategy to address significant market driven events/changes that can have risks / costs / balance sheet / liquidity / financing / clearing / collateral or other impacts to the FX business
  
  
  

Individual Contributor

• Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
• Ensure that the highest level of the Code of Conduct is displayed in your behaviour
• Provide appropriate management information as required to support business unit decision making
• Support the ‘Risk Excellence’ culture within the business
• Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations
  
  
  

What We Value

• A strong, practical understanding of the foreign exchange business, local markets, regulations, operations and associated credit, liquidity, financing, and clearing knowledge
• A track-record in trading of G20 currencies and interest rates with a particular focus on EUR, JPY, GBP and CHF
• The ability to market-make to our client base.
• The ability to use risk analytics, stress tests, scenario analysis relating to market risk, counterparty risks, liquidity and other risks impacting the Sales & Trading business
• Strong team player able to work within the global structure of State Street
• Highly motivated, self-sufficient, innovative, able to challenge status quo, develop or advance ideas and work with small teams as well as represent the business.
  
  
  

Education & Preferred Qualifications

• A minimum BA degree or equivalent or a person with significant market experience.
• Good communication skills.
• Analytical and structured.
• A strong knowledge of the Foreign exchange product.
  
  
  

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Job ID: R-774204