Who We Are Looking For
The Secured Financing business is looking for a fixed income repo trader to support the execution of and support the growth of the activity in the region. Knowledge of global funding markets and relationships with market participants is preferred.
Due to the role requirements this job needs to be performed primarily in the office.
Why this role is important to us
The team you will be joining is a part of Markets. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to Market’s business unit. As our investment research and trading arm, Market’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.
What You Will Be Responsible For
As Fixed Income Repo Trader you will -
- Lead in developing and managing a new repurchase agreement program
- Facilitate funding and customer demand to enhance fee and net interest income
- Operate as an agent for client repo trading.
- Provide supporting principal trading coverage as required.
- Trade entry and position recon
- Initiate and maintain client relationships for trading
- Understand and analyze markets to capitalize on opportunities and effectively execute the team’s trading strategies
- Forecast daily cash requirements and execute daily financing decisions
- Analyze central bank actions and the impact of those actions on the market
- Understand and analyze capital, liquidity and credit impact of trades
- Develop and maintain trading dashboards using business intelligence software
- Support the development of the product build out to ensure that the appropriate trading and risk management models are built out.
- Support the regional governance and oversight for the product working closely with the regional head, risk, compliance and legal colleagues
What We Value
These skills will help you succeed in this role
- Ability to extract meaningful information and insights from large and diverse sets of data
- Demonstrated ability to concisely summarize and communicate results of quantitative or qualitative analysis to audiences of varying backgrounds
- Excellent verbal and written communication skills
- Attention to detail and accuracy
- Internally motivated to seek out answers, generate ideas, and develop new skills
- Ability to manage and prioritize tasks to meet specific daily, weekly, and monthly deadlines
- Ability to work with and organize large amounts of data to produce reporting in a logical and efficient manner
- Ability to work in a fast paced environment at times, balancing several duties at once
- Understanding nuances of different asset classes including structured products
- Some experience in preparing presentations for management
- Ability to support multiple initiatives through independent or collaborative work
- Ability to be able to lead, implement, and follow through to completion
- Ability to think critically to understand existing process and identify opportunities for improvement
Education & Preferred Qualifications
- BS/BA (Finance/ Economics)
- Strong Excel and Power Point
- UK and EMEA sovereign / fixed income market experience
- Familiarity with business intelligence tools such as Qlik or Tableau
Additional Requirements
- Limited EMEA travel likely required
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-773501
