Portfolio Solutions Transition and Trade Strategy Analyst, AVP

Portfolio Solutions Transition and Trade Strategy Analyst, AVP

Who we are looking for

We are seeking candidates with 3+ years of experience to join our Portfolio Solutions Transition Management and Strategy team in Boston, MA.  State Street Markets Portfolio Solutions group provides trading and exposure management solutions to institutional investors globally. Strategies cover a range of asset classes including equities, fixed income, FX, and exchange traded derivatives. The Portfolio Solutions Trade Strategy team operates across our Currency Management, Transition Management, Exposure Solutions and Partnered Trading offerings. The person in this role will be responsible for support of the transition desk, development / enhancement of all Portfolio Solutions products and client-facing trade strategy consulting.

This role can be performed in a hybrid model, requiring at least 4 days of work in the office.

Why this role is important to us

The team you will be joining is a part of State Street Markets which provides owners and managers of institutional assets with research, trading, securities lending and innovative portfolio strategies. As our investment research and trading arm, State Street Markets’ goal is to preserve and enhance 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 a Transition and Trade Strategy Analyst, you will:

• Gain an in-depth understanding of the trading life cycle including pre-trade, implementation, and post-trade aspects.
• Support our Global transition desk with pre- and post-trade analysis and execution reporting; planning and project management including communication across parties (clients, custodians, record-keepers, investment managers and consultants); portfolio management and order generation; collaboration with trading desk on trade strategy and instructions; and monitoring of daily middle office support functions (trade communications, reconciliations, corporate actions).
• Evolve and industrialize our suite of trading, hedging and exposure analysis tools, including ongoing enhancement of pre- and post-trade analytics, working with our internal reporting, product development and analytics teams and external vendors.
• Develop expertise in multi-asset agency trading, exposure management, and currency hedging strategies. Represent trading products as a subject matter expert.
• Become an expert on benchmarking and measurement of our trade execution performance through Transaction Cost Analysis (TCA)
• Consult with clients to understanding their investment challenges, perform quantitative and qualitative analysis, and present findings internally and to existing and prospective customers
• Support sales and business development initiatives and contribute to thought leadership across products
• Assess internal business operations (trading strategies, performance, technology, data management, marketing, research) and develop solutions to enhance product positioning
• Lead and contribute to strategic projects in partnership with other groups / businesses within State Street as well as external vendors

What we value

These skills will help you succeed in this role

• Technical proficiency, with experience using Bloomberg and other market-data sources for analytical purposes as well as modeling in Excel / VBA and Python
• Strong verbal, written and interpersonal communication skills; ability to clearly articulate complex topics and navigate projects with clients and internal stakeholders
• Experience with investment management, trading and operational functions, preferably across multiple asset classes
• Ability to work and problem solve independently under tight deadlines in a fast-paced trading environment, all while maintaining a critical focus on details
• Strong project management and organizational skills; pro-active in seeking out the next project to help the team

Education & Preferred Qualifications

• Bachelor’s degree in engineering, mathematics, economics, finance or similar
• 3+ years of experience in a trading, portfolio management, consulting, analytical  or operational role
• MBA, graduate degree in a quantitative discipline, or CFA designation preferred
• Experience with programming languages, data visualization software, and database infrastructures preferred

Additional requirements

• Completion of FINRA exams required to become registered representative within first 2 years in role
• Willingness to travel up to 10% of the time
• Expertise in Transaction Cost Analysis (TCA) a plus

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.

Salary Range:

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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