State Street Corporation
Portfolio Manager/Trader, VP
State Street Corporation, Boston, Massachusetts, us, 02298
Who we are looking forInvestment Portfolio Team, a unit of Global Treasury, plays a critical role in managing the bank's ~$100 billion investment portfolio in order to generate income and meet State Street's liquidity and collateral needs pursuant to its balance sheet strategy.
The global investment portfolio team is comprised of portfolio managers, traders and credit personnel across the U.S., Europe, India and Australia.
The candidate will be part of the portfolio management team responsible for developing the investment portfolio strategy and allocation of investments across multiple asset classes and currencies.
This is a visible role and the individual is expected to collaborate effectively within the team and across organizational functions including Finance, Treasury, Risk, and IT.
Why this role is important to usPortfolio Manager/Traders are members of the Global Treasury CIO Portfolio Management Team which is organized by 3 broad asset sectors:Global Rates and Asset AllocationMBS/ACMBSGlobal Credit
The Portfolio Manager/Trader role will join the Global Rates team to build upon this vision to continue the investment strategy and portfolio positioning around key risks, such as duration, spread, liquidity, and currency in the global Sovereign, Supranational and Agency (SSA) markets leveraging both cash bonds and interest rates swaps.
The focus will be on US (including US TIPS) and Canadian rates with a growing coverage in emerging markets such as Brazil and Mexico.
What you will be responsible forPortfolio Managers are responsible for strategy, sector allocation and security selection in their area of responsibility. This role includes market execution. Main responsibilities include:Develop a relative value outlook on global rates/SSA sectors and derive market insight and a forward looking view within responsible sectors to guide the investment process.Trade on behalf of the investment portfolio in global rates/SSA markets with a focus on USD and CAD.Deep understanding of macroeconomics and market data and have ability to timely translate these insights to investment views in global rates space.Communicate global rates strategy and macro-economic development to the broader investment teams.Developing active investment strategies in USD/CAD Government and SSA markets, working with global rates team to develop global relative value and outright duration strategies.Work with Credit Research Team and Quantitative Analysts to buy and sell securities on behalf of the portfolio within responsible sectors.Ensure investments are in line with volumes and metrics specified within the sector's investment strategy.Prepare reports on strategy, market developments, and portfolio risk exposures to communicate with Senior management and other stakeholders.Work with the Credit Research Team and various risk management groups to develop, size, and rationalize Credit Risk Guidelines ("CRGs" - risk limits) and manage the Investment Portfolio within these established risk limits.Responsible for monitoring portfolio positions and recommending strategic changes in line with market movements.Excellent analytical skills and innovative and solution orientation.Team players who must show the willingness to work with global teams across time zones.Exposure to EM regions such as Brazil and Mexico is a bonus.Working experience on Python, R or similar is an advantage.
Education & Preferred QualificationsBSc from a quantitative discipline, economics or finance degrees.Excellent oral, written and presentation communication skills.Previous relevant investment experience is an advantage.
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 StreetWhat 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:$110,000 - $185,000 AnnualThe 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.#J-18808-Ljbffr
The global investment portfolio team is comprised of portfolio managers, traders and credit personnel across the U.S., Europe, India and Australia.
The candidate will be part of the portfolio management team responsible for developing the investment portfolio strategy and allocation of investments across multiple asset classes and currencies.
This is a visible role and the individual is expected to collaborate effectively within the team and across organizational functions including Finance, Treasury, Risk, and IT.
Why this role is important to usPortfolio Manager/Traders are members of the Global Treasury CIO Portfolio Management Team which is organized by 3 broad asset sectors:Global Rates and Asset AllocationMBS/ACMBSGlobal Credit
The Portfolio Manager/Trader role will join the Global Rates team to build upon this vision to continue the investment strategy and portfolio positioning around key risks, such as duration, spread, liquidity, and currency in the global Sovereign, Supranational and Agency (SSA) markets leveraging both cash bonds and interest rates swaps.
The focus will be on US (including US TIPS) and Canadian rates with a growing coverage in emerging markets such as Brazil and Mexico.
What you will be responsible forPortfolio Managers are responsible for strategy, sector allocation and security selection in their area of responsibility. This role includes market execution. Main responsibilities include:Develop a relative value outlook on global rates/SSA sectors and derive market insight and a forward looking view within responsible sectors to guide the investment process.Trade on behalf of the investment portfolio in global rates/SSA markets with a focus on USD and CAD.Deep understanding of macroeconomics and market data and have ability to timely translate these insights to investment views in global rates space.Communicate global rates strategy and macro-economic development to the broader investment teams.Developing active investment strategies in USD/CAD Government and SSA markets, working with global rates team to develop global relative value and outright duration strategies.Work with Credit Research Team and Quantitative Analysts to buy and sell securities on behalf of the portfolio within responsible sectors.Ensure investments are in line with volumes and metrics specified within the sector's investment strategy.Prepare reports on strategy, market developments, and portfolio risk exposures to communicate with Senior management and other stakeholders.Work with the Credit Research Team and various risk management groups to develop, size, and rationalize Credit Risk Guidelines ("CRGs" - risk limits) and manage the Investment Portfolio within these established risk limits.Responsible for monitoring portfolio positions and recommending strategic changes in line with market movements.Excellent analytical skills and innovative and solution orientation.Team players who must show the willingness to work with global teams across time zones.Exposure to EM regions such as Brazil and Mexico is a bonus.Working experience on Python, R or similar is an advantage.
Education & Preferred QualificationsBSc from a quantitative discipline, economics or finance degrees.Excellent oral, written and presentation communication skills.Previous relevant investment experience is an advantage.
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 StreetWhat 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:$110,000 - $185,000 AnnualThe 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.#J-18808-Ljbffr