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EM FX Trader, Assistant Vice President - Markets

State Street

BostonFull TimeStaff$175k/yr
Sign in to applyVerified 1h ago
Location
Boston
Employment
Full Time
Work model
On-Site
Level
Staff
Salary
$175k/yr
Posted
1d ago

About this role

Who we are looking for We are looking for a n   EM FX Trader to join a   fast-paced ,   high-touch   principal market making team.   This is an intermediate-level seat for someone   with   trading experience   who   is ready   to   own   risk, build a client franchise and grow into a broader role. The primary focus is Latin American emerging markets,   with   generalist FX and Interest Rate   coverage   across the wider book.   We want someone   passionate about   markets , statistics   and   new   technolog ies   who wants to shape how the desk trades in   the future.     Why this role is important to us   The team you will be joining is a part of State Street Markets (SSM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM’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   AVP EM FX Trader   you will: Price and manage FX and IR risk for a growing and diverse client base, focused on CLP, COP and PEN with generalist coverage across the broader EM and G10 franchise, as part of a regional and global team   Own a defined risk book and contribute directly to desk revenue, using macro views and technical skills to manage risk and maximize opportunities   Partner with Sales to grow and deepen the client franchise by understanding client objectives and delivering consistent pricing and liquidity   Engage directly with clients to provide market color, trader insight and post-trade follow-up   Partner with eFX Trading to deliver a consistent, improving product and to strengthen risk coordination between eFX and Voice Trading   Work closely with Risk, Compliance and desk management on limits, escalation and control adherence, upholding the highest standards of conduct     What we value   These skills will help you succeed in this role   Market making experience in FICC, with a track record of managing risk and generating revenue   A client-first mindset and the ability to build trust and grow relationships alongside Sales   Strong technical background across data science, agentic coding and trading systems   Exceptional communication skills, an entrepreneurial mindset and the ability to work across Sales, Trading, Risk and Technology   A fast learner who is driven to improve how the desk works     Education & Preferred Qualifications   Bachelor's degree in a related field   3-6 years in a trading role or in direct support of a trading desk, with EM FX exposure preferred   Programming and agentic coding experience strongly preferred       Additional requirements   Full time on-site presence on the trading floor, including early and extended hours to cover Latin American and global FX markets   Spanish or Portuguese language skills are a plus but not required   Salary Range: $175,000 - $175,000 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. 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

EM FX Trader, Assistant Vice President - Markets at State Street, Boston | Yoinka