Head of Americas Multi Class Agency Execution Trading, Managing Director

Who we are looking for

The Head of Americas Multi Class Agency Execution Trading, Managing Director is responsible for our dealing desks in Boston, New York and Toronto where we deal as agent in equities, fixed income and exchange traded derivatives.

The role is a key member of the Portfolio Solutions global trading team, serving as a talent allocator, player/coach, workflow designer/implementation overseer, and regulatory compliance supervisor on behalf of the business’ transition management, portfolio trading and outsourced trading clients.

The role will encompass Americas market regional multi asset execution on behalf of the firm’s global clients with some initial execution responsibilities within the EMEA region until our contemplated follow the sun model is fully functional.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need team leaders within our organization to be both an individual contributors and managers. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables Join us if making your mark in the financial services industry from day one is a challenge you are up for.

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 Head of Americas Multi Class Agency Execution Trading, Managing Director you will

• Be responsible for all talent management and staffing function across the firms exiting locations in Boston, New York and Toronto who execute program trading assignments and single security orders, including orders in exchange traded derivatives in accordance with agreed upon instructions from the firm’s client base in transition management, portfolio trading and outsourced trading

• Maintain and oversee the firm’s extensive multi asset class counterparty roster (both internal and external) and technology relationships, including continual evaluation and design/redesign of the firm’s workflow to improve efficiencies and minimize operational incidents

• Ownership of regional best execution responsibilities and counterparty execution quality analysis

• Understand, comply and implement necessary regulatory responsibilities for themselves and entire trading teams

• Collaborate with other regional trading desks and the global head of trading to accomplish global strategic initiatives

Education & Preferred Qualifications

• 10+ years of Capital Markets experience across multiple asset classes, concentrated on execution trading, regulatory compliance and middle office processes

• Hold or are willing to attain US FINRA Series 3, 4, 7, 24, 53, 55, 63 and Canadian New Entrants licenses

• Bloomberg and Fidessa proficiency preferred with experience with various trade cost analysis constructs and vendors

• Flexible hours, including holidays and non US hours, as required

• BS/BA degree required; Master’s degree preferred

• Firm understanding of global equities, fixed income securities and exchange traded derivatives markets with a concentration in the Americas/EMEA region, demonstrated competency with best execution standards within those markets mentioned above

• Ability to multitask in a fast paced, market-driven trading floor environment under the stress of high volume and tight deadlines

• Ability to diagnose, recommend, resolve and implement process improvements

• Ability to service across various product lines, ensuring compliance to industry rules and regulations and multiple market conventions

• Excellent written and verbal communication skills including the ability to easily and comfortably communicate with internal and external clients on trade mandates and instruction

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

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:

$235,000 - $246,250 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.