Secured Financing, Fixed Income Repo Trader, Assistant Vice President (onsite)

Secured Financing, Fixed Income Repo Trader, Assistant Vice President (onsite)

Who we are looking for

Secured Financing is looking for a fixed income repo trader to support the execution and the growth of the activity in the region. Some knowledge of funding markets and relationships with market participants is preferred.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

Why this role is important to us

The team you will be joining is a part of State Street Markets. When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to the Markets business unit. As our investment research and trading arm, State Street Markets’ 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

• Lead in managing a new repurchase agreement program to facilitate funding and customer demand to enhance net interest income
• 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

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
• fixed income market experience
• Familiarity with business intelligence tools such as Qlik or Tableau
• Python coding experience

Additional requirements

• Limited travel is likely required

Salary Range:

$120,000 - $120,000 Annual

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.