Who we are looking for
We are looking for a Foreign Exchange Sales, Assistant Vice President to join our team in Frankfurt. The successful applicant will be responsible for a portfolio of diverse clients including official institutions, asset managers, asset owners, insurance companies and hedge funds. A strong sense of teamwork is essential, as the person in the role will be expected to work closely with trading, research, relationship management and our colleagues internationally.
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.
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What you will be responsible for
As Foreign Exchange Sales, AVP you will:
- Interaction with clients across client segments to include as well as Asset Manager, Asset Owner, Insurance, Official Institutions, Hedge Funds, eFX clients and regional and global clients - dealing and producing market updates.
- Provide secondary and primary support to local, regional and global client relationships to share accountability for client relationships and business development.
- Expand client relationships by taking responsibility of primary coverage for certain clients and onboarding new ones.
- Pricing and keying in trades, handling pre-trade confirmations, liaising with middle and back office on trades.
- Generate daily and monthly reports on FX business - conduct analysis on client's performance to optimize FX win rates.
- Assist and coordinate client events/functions for State Street Global Markets in conjunction with our Macro and Quantative research teams.
- Strong risk management culture - showing accountability and responsibilities in all daily activities and personal conduct.
- Internal collaboration amongst local, regional and global colleagues to enhance and develop existing and new client relationships through innovation and creative thinking.
What we value
These skills will help you succeed in this role
- Passion for financial markets and their drivers
- Strong critical thinking, problem solving, and decision making skills
- Analytical skill to provide a value add service to our client base
- Ability to cross-sell and project manage opportunities
- Attention to detail, proactive, ability to respond to all client requests in a timely manner
- Accurate and articulate communication with clients, peers and senior management alike
Education & Preferred Qualifications
- Bachelor (or higher) degree holder
- 5+ years of experience within a Global Markets environment
- Language skills - all European languages are a bonus with German and English preferred.
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.