Who we are looking for
Responsible for Foreign Exchange Sales Trading within Continental Europe across predominately the European Real Money / Institutional FX client base.
Why this role is important to us
The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success.
With our FX solutions, investors can access a wide range of markets and jurisdictions using our decision-making and strategy planning tools, diverse funding options and trading strategies. We deliver sophisticated avenues to tap into new sources of liquidity, capitalize on market opportunity and transact efficiently in any market environment. We have a range of solutions from various high- to low-touch principal execution methods, and outsourced agency hedging and execution solutions through our currency management offering.
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
Role specifics
1. Drive the retention, development and extension of the foreign exchange client franchise in Continental Europe
2. Willing to travel across Continental Europe as needed in order to participate in and support client forums, new business development opportunities and cross-sell initiatives across State Street
3. Understanding and passion for the ever changing macro-economic environment
4. Ability to book trades and monitor EFX win rates to optimise client flow across Spot, Swap and NDF.
5. Relationships within the Real Money, Institutional, Private Market FX space is a plus.
6. Language skills to aid with interactions across Continental Europe with Scandinavian and/or Italian languages preferred.
Individual Contributor
7. Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
8. Ensure that the highest level of the Code of Conduct is displayed in your behaviour
9. Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations
Risk Excellence
Ensuring compliance with all corporate standards, codes of conduct, business unit limits and guidelines governing FX sales and trading activities. This includes but is not limited to:
10. Counterpart credit limits
11. US Swap Dealer requirements, DF regulations, EMIR regulations, MiFID regulations and all local regulations.
12. Being fully knowledgeable of internal compliance policies, guidelines, limits and procedures as well as completing all certifications completely and on a timely basis.
13. Being conversant in industry best practice and striving to exceed best practices whenever possible.
14. Seeking out ways to improve our control framework.
What we value
15. Good knowledge and experience of FX products and relevant systems, knowledge of macro-economic climate.
16. Knowledge of State Street proprietary research
17. European Language skills (Scandinavian and/or Italian preferred)
18. Interpersonal, numerical, problem-solving, analytical skills, market and operational risk focused
19. Motivation, team skills and ability to work under pressure
Education & Preferred Qualifications
20. Degree or equivalent with significant market experience
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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