What are the responsibilities and job description for the Global Head of Multi-Asset Class Trading, SMD position at State Street?
Who We Are Looking For
The Senior Managing Director, Global Head of Multi-Asset Class Trading is a pivotal role within State Street Markets to drive product, revenue and efficiency across our current and future capabilities. The current business mix is comprised of captive agency multi-asset class trading businesses servicing asset managers and asset owners located in multiple jurisdictions. Asset classes covered currently include global equities, global fixed income, global exchange trader derivatives and foreign exchange. This highly visible role will serve as the focal point of Markets Broker Dealer trade execution engine.
This successful applicant will report directly to the Global Head of Portfolio Solutions.
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, financing and innovative portfolio strategies, they turn to SSM solutions for partnership. As our investment research, financing, and trading arm, SSM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading/financing, 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 willing to accept.
What You Will Be Responsible For
As the Global Head of Multi Asset Class Trading, you will be responsible for:
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.
Salary Range
$300,000 - $337,500 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 sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
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.
Job ID: R-788608
The Senior Managing Director, Global Head of Multi-Asset Class Trading is a pivotal role within State Street Markets to drive product, revenue and efficiency across our current and future capabilities. The current business mix is comprised of captive agency multi-asset class trading businesses servicing asset managers and asset owners located in multiple jurisdictions. Asset classes covered currently include global equities, global fixed income, global exchange trader derivatives and foreign exchange. This highly visible role will serve as the focal point of Markets Broker Dealer trade execution engine.
This successful applicant will report directly to the Global Head of Portfolio Solutions.
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, financing and innovative portfolio strategies, they turn to SSM solutions for partnership. As our investment research, financing, and trading arm, SSM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading/financing, 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 willing to accept.
What You Will Be Responsible For
As the Global Head of Multi Asset Class Trading, you will be responsible for:
- Management of existing trading personnel across 7 trading desks located in Toronto, New York, Boston, London, Frankfurt, Hong Kong and Sydney
- Evolving the roadmap for the electronic trading business including algorithmic execution strategies, smart order routers and liquidity sourcing across multiple jurisdictions
- Overseeing the development and optimization of electronic platforms, ensuring high performance technology, market microstructure expertise and competitive advantage
- Create roadmap to support growth for servicing partnered trading clients
- Partner with sales and financing teams on go to market strategy for holistic multi-asset class trading capabilities
- Collaborate with product and technology teams to enhance workflow tools, data and analytics capabilities.
- Maintain strict compliance with global regulatory requirements
- Minimum of 10 years’ experience in senior trading/management roles with deep expertise in sell side global electronic trading infrastructure/offerings and strong familiarity with prime brokerage workflows
- Proficiency in trading platforms, high performance technology and data driven analysis
- Proven ability to lead diverse global teams, manage cross functional projects and communicate technical concepts to stakeholders
- Undergraduate degree required with preference of advanced degree/designations
- FINRA Series 3, 7, 24, 57, 63 registrations
- Up to 25% travel required
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.
Salary Range
$300,000 - $337,500 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 sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
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.
Job ID: R-788608
Salary : $300,000 - $337,500