Equity Trading, VP at State Street in Boston, Massachusetts

Job Description:

Equity Trading, Vice President

Who we are looking for

The Equity Trading Specialist will be primarily responsible for supporting all of the firm's electronic trading needs as well as supporting its existing high touch trading franchise. The role is a client facing role and has a strong emphasis on client service and problem resolution. The ideal candidate must show strong traits in exercising sound judgment, working in a pressure environment, prioritizing tasks, identifying potential problems, learning new concepts, following procedures and communicating with clients.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

Why this role is important to us

The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM'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 Equity Trading, Vice President you will

• Designated specialist and execution consultant on all aspects of electronic trading


• Educate clients on State Street's private label equity algorithmic suite


• Help implement bespoke custom strategies on behalf of client base


• Support client base by providing real time analytics feedback on client orders and executions


• Develop close working relationships with portfolio managers, traders and technology staff


• Investigating trade and technical issues on behalf of clients

These skills will help you succeed in this role

• 5-7 years of Equity Capital Markets experience in the electronic trading space


• 5-7 years of direct support and relationship management with buys side trading desks


• Deep understanding of Order Management Systems (OMS) functionality.


• Previous expertise in equity sales/trading including buy side vendor OMS/EMS, FIX connectivity, and other aspects of electronic trading


• Hold Series 7, 55 and 63 licenses

• Deep understanding of algorithmic trading is required


• Bachelor's Degree or international equivalent


• Domain expertise in TCA reporting and Venue Analysis


• Possess a firm understanding of Americas equity market structure and best execution standards.


• Able to work in a fast paced, market-driven, environment and troubleshoot and problem solve in real-time.


• Desire to build relationships across internal divisions in order to uncover opportunities to position offerings with internal clients.


• Flexible and willing and able to undertake a broad range of tasks

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:
$150,000 - $150,000 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.