Liquidity Manager, Vice President
State Street
Boston, MA, USA
Who are we looking for
The Liquidity Manager is responsible for optimizing liquidity quality, execution performance, and traded volumes, with a primary focus on Currenex. This is a specialist, data‑driven role that actively manages liquidity provider participation to improve market quality, client outcomes, and overall commercial performance.
While the Liquidity Manager does not perform sales activities or engage in commercial negotiations, the role is client‑facing and owns the liquidity management component of the client relationship. This includes accountability for execution outcomes, liquidity quality, and trading performance. The role focuses on execution analysis, liquidity deployment, and close collaboration with internal stakeholders, liquidity providers, and clients to enhance trading efficiency and support platform growth.
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.
Investors are operating in increasingly complex regulatory and financial environments. Access to efficient, comprehensive trading solutions is vital to remaining competitive. Our GlobalLINK suite of award-winning electronic trading solutions deliver increased transparency, improved trading efficiency and quantifiable execution.
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 a Liquidity Manager, Vice President you will -
Liquidity Optimization & Market Quality
Actively manage liquidity providers on the platform, including adding, removing, or repositioning liquidity in response to market conditions, client needs, and performance outcomes.
Optimize liquidity by currency pair, trading stack, execution type, and trading style.
Ensure high‑quality, resilient liquidity provision that supports diverse client trading strategies.
Performance Monitoring & Analytics
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Monitor execution performance metrics, including (but not limited to):
Fill rates (overall and by currency pair)
Round‑trip times (RTT)
Market impact
Execution method effectiveness
Use quantitative analysis to identify performance gaps, trends, and optimization opportunities.
Make data‑driven recommendations to improve liquidity alignment and execution outcomes.
Platform Growth & Revenue Contribution
Directly support volume and revenue growth by improving liquidity quality and execution efficiency.
Identify and address structural or behavioral factors that inhibit optimal trading activity.
Contribute to strategic initiatives aimed at expanding liquidity participation and deepening market engagement.
Stakeholder Collaboration
Work closely with Sales, Product and Technology teams to support platform enhancements and data initiatives.
Engage with liquidity providers to review performance, communicate optimization actions, and align on trading behavior, while remaining non‑commercial in nature.
Escalate risks, issues, or blockers impacting liquidity performance to Liquidity Management leadership.
Governance & Controls
Operate within established governance, conduct, and market surveillance frameworks.
Ensure liquidity management activities are compliant with internal policies and regulatory obligations.
Support audits, reviews, and regulatory inquiries as required.
Success Measures
Improvement in execution quality and market performance metrics
Growth in traded volumes and liquidity engagement
Effective identification and resolution of liquidity performance issues
Strong collaboration with internal stakeholders and liquidity providers
Out of Scope Activities
The Liquidity Manager role explicitly excludes:
Selling GlobalLINK products or services
Pricing negotiations or client commercial discussions
Direct ownership of client accounts or relationships
What we value
Experience
Strong experience in FX markets, electronic trading, market structure, or liquidity provision.
Demonstrated background in execution analysis, trading analytics, or market microstructure.
Experience working with FX trading platforms, ECNs, EMSs, or liquidity aggregation technologies.
Technical & Analytical Skills
Strong quantitative and analytical capability with the ability to interpret complex execution data.
Comfortable working with trading metrics, performance dashboards, and large data sets.
Understanding of FX market participants, including banks, non‑bank market makers, and buy‑side trading behaviours.
Professional Skills
Highly data‑driven with strong problem‑solving and critical‑thinking skills.
Clear and confident communicator, able to explain analytical insights to technical and non‑technical stakeholders.
Strong judgment, attention to detail, and ability to operate effectively in fast‑moving market environments.
Education & Preferred Qualifications
Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related discipline (or equivalent experience).
Advanced degree or relevant market qualifications are advantageous but not required.
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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