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State Street Global Advisors, Fixed Income Portfolio Management, AVP

State Street

State Street

This job is no longer accepting applications

See open jobs at State Street.
Boston, MA, USA
Posted on Thursday, February 1, 2024

We are currently looking to hire a talented and highly motivated candidate to join our Global Cash Management team. You will join our business in a role as a Credit Trader. In that role, you will be responsible for the daily trading of money market securities like Commercial Paper, Time Deposits, Certificates of Deposit, Asset-backed Commercial Paper, etc. You will work alongside senior portfolio managers of a variety of strategies – which may include both registered funds, private funds, and/or Securities Lending Cash Collateral accounts - from our Boston location. It is a complex role, offering an opportunity to be a part of a core business unit within a fast-paced environment. We are looking for applicants with an undergraduate and/or graduate degree in business, economics, or finance (CFA designation, or progress towards, is a plus) who have at least 3-5 years’ of relevant experience in financial services, Fixed Income or the money markets. The ideal employee has excellent analytical skills; communicates ideas clearly, both verbally and in writing; is able to work in an unstructured environment under tight deadlines; enjoys working in a team environment; demonstrates integrity and inspires trust and confidence in others.

SUPERVISORY ROLE: Not applicable

JOB SCOPE:

Responsibilities for Credit Trader include, but are not limited to:

  • Daily trading of a multi-billion dollar credit book across a variety of security types including commercial paper, time deposits, certificates of deposit, asset-backed commercial paper, floating rate notes, etc.
  • Generate trade ideas and opportunities across the money markets
  • Ensure execution and settlement of those trades through attention to detail and high risk excellence
  • Ensure that the cash strategies operate in compliance with internal and external regulations and procedures
  • Work closely with Senior Portfolio Managers to execute strategies across a variety of funds
  • Communicate market observations regularly and clearly both internally and externally to our dealer counterparts

MINIMUM REQUIREMENTS:

  • Bachelor in Banking/Business/Economics/Finance from a recognized university
  • Advanced Degree/CFA a plus
  • At least 3-5 years of meaningful working experience
  • Strong social and interpersonal skills
  • Able to work in a demanding environment and handle pressure
  • Meticulous, resourceful and critical individual
  • Proficient in Microsoft Office applications, Bloomberg

Across the world, institutional investors rely on us to help them handle 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 critical to our continued success.

Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our values. It’s also part of our dedication to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.

Are you the right candidate? Yes!

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 Global Advisors

What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world’s governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world’s largest asset managers with trillions of dollars under our care.

Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.

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 Global Advisors State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.

Salary Range:

$90,000 - $142,500 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.

This job is no longer accepting applications

See open jobs at State Street.