Based in Boston, the role of the Global Markets Technology (“GMT”) Head of Sales & Trading Technology role is to lead the front to bank technology supporting State Street Global Market's trading businesses - Foreign Exchange Sales & Trading, Portfolio Solutions and Currency Management. This includes the execution of a front to bank transformation of the current technology as well as working directly with the traders, sales teams, and operational teams to enhance and improve the platforms.

The teams are based in Boston, Bangalore, Hong Kong and Hangzhou and leverages agile software development methodologies. The technology landscape underpinning these businesses is developed in-house, is a mix of inhouse and vendor platforms, but there are several multi-year transformations underway to replace legacy vendor platforms with inhouse solutions.

An important part of this role is the definition and maintenance of both an application and data architecture which is critical to supporting the growing and increasingly complex needs of the FX STR, Portfolio Solutions and the Currency Management businesses. Adoption of a common data model and bus, as well as reference data from authoritative sources is a focus area. The Head of GM Sales & Trading IT will need to articulate the architectural vision of the program to senior managers and executives in Global Markets and IT. The individual in this role will manage teams globally in both direct and matrix structures. This role will be a member of the GM IT Leadership team and will be expected to contribute to the broader priorities of the team.

What you will be responsible for

As Managing Director you will

Oversee teams with a broad range of skills and specialisms, from front office trading, OMS and risk management platforms in the front office to automated, workflow driven processing within the back office
Focus on assuring the core functionality, services, and tools developed by the team meet the needs of the FX, Portfolio Solutions and Currency Management businesses globally, adhere to corporate architecture standards and objectives, and meet the financial and technical objectives of the business strategies.

• Have deep understanding of technology and application development, preferably with ‘hands-on’ experience
• Have Experience of developing and maintaining an application and data architecture across a front to bank trading platform.
• Strong knowledge of data usage and end to end data management
• Experience with cross product / cross regional project integration and collaboration
• Strong vendor management oversight from engagement through implementation for new software / vendor solutions. Inclusive of multi-year management capability across FX and Equities
• Deep experience implementing post trade applications inhouse and vendor platforms (ASP and enterprise)
• Complete knowledge of the software development lifecycle for iterative, agile, and traditional approaches
• Strong background in release management and understanding of architectural schematics
• Willingness to support 24 x 7 global management oversight
• Experience with managing offshore and onshore teams

What we value

These skills will help you succeed in this role:

• Excellent verbal and written communication skills
• Successful track record of delivering projects and programs using lightweight or agile approaches
• Exceptional collaboration and communication skills
• Ability to successfully influence in a complex organizational and political environment
• Credible business advisor that is able to build consensus
  

Education & Preferred Qualifications

• 10+ years experience in financial services, preferably: capital markets and foreign exchange, derivatives, equities and/or securities lending
• 5+ years practical FX Industry and trading experience, strong understanding for global FX products and processes across the transaction lifecycle inclusive of global regulations
• 5+ years practical Equity Industry and trading experience and deep understanding of Equities OMS/EMS, Clearing and Settlement platforms
• 5+ years experience with overseeing large cross function implementations within the markets space

Why this role is important to us

Our technology function, Global Technology Services (GTS), is vital to State Street and is the key enabler for our business to deliver data and insights to our clients. We’re driving the company’s digital transformation and expanding business capabilities using industry best practices and advanced technologies such as cloud, artificial intelligence and robotics process automation.

We offer a collaborative environment where technology skills and innovation are valued in a global organization. We’re looking for top technical talent to join our team and deliver creative technology solutions that help us become an end-to-end, next-generation financial services company.

Join us if you want to grow your technical skills, solve real problems and make your mark on our industry.

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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.

Discover more at StateStreet.com/careers

Salary Range:

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.

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.

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