Front Office Trading Services, VP - EFC; Prime​/Equity Swaps; Markets

Location:

UK-London

We are looking for a motivated candidate who is eager to learn and expand their analytical and communication skills, while providing day-to-day support for Client Management and Sales & Trading teams within Execution, Financing and Clearing business.

Great learning opportunity to get immersed in Execution, Financing, and Clearing business, working closely with Client Management and Trading teams! In-office presence is required.

The Front Office Trading Services (FOTS) team provides support across the globe (North America, Europe, and Asia-Pacific) for State Street Market’s Client Management, Sales & Trading Desks and acts as the primary liaison for external and internal clients. In addition to trading support and client services, the team works closely with Operations groups and participates in projects related to new trading initiatives, platform onboarding, integration, testing, and implementation planning.

The team you will be joining is part of State Street Markets (SSM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM’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.

These skills will help you succeed in this role

• Strong willingness to learn systems, processes and new technical skills
• Ability to work as part of a team and under own initiative as well
• Ability to work under pressure and manage multiple priorities in a deadline driven environment

As Front Office Trading Services team member you will:

• Partner with Client Management and Sales & Trading to oversee operational lifecycle, from settlement through to maturity / termination; resets, rolls, partial / full unwinds, amendments, dividends, corporate actions.
• Manage and oversee key financing activities such as checking financing rates / spreads, benchmark rates, fees, commissions, dividend levels & other swap economics against agreed terms. Escalating any discrepancies with the trading desk.
• Serve as the primary point of contact between the Front Office and Operations, proactively monitoring daily processes, resolving breaks, managing escalations, and coordinating issue resolution across trading, operations, technology, finance, collateral risk, and external counter parties.
• Monitor trade activity arriving in Traiana;
  Ensure correct book, counter party, security, direction, notional, price, dates, currency, financing terms, settlement dates
• Respond to client, broker, and internal inquiries related to trade affirmations, trade economic disagreements, and trade settlements.
• Perform reconciliations and data quality reviews to ensure the accuracy and integrity of trade, position, collateral, and financing records, investigating and resolving discrepancies in a timely manner.
• Produce and distribute client and management reporting, including financing activity, collateral, fee and rebate, pledged collateral, exception management, and bespoke client reporting requests.
• Provide the desk with reliable intraday / overnight position information; flag any unexpected position movements, stale / mossing trades or booking anomalies.
• Act as a subject matter expert for Prime Physical and Prime Swaps processes and controls, participating in strategic initiatives, business change…