EM FX Trader, Assistant Vice President - Markets
State Street
- 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