Role at a glance
- Salary
- Not yet verified Check the description for pay details; an amount or pay period has not been verified.
- Location
- Boston, Massachusetts, United States
- Work arrangement
- On-site
- Employment
- Full-time
- Experience
- 3-6 years in a trading role or in direct support of a trading desk, with EM FX exposure preferred
- Education
- Bachelor's degree in a related field
Spotted an issue?
We’ll check it against the original posting.
Role Summary
The AVP EM FX Trader is an intermediate-level seat on a principal market-making team, focused primarily on Latin American emerging markets, including CLP, COP, and PEN, with broader EM and G10 FX and interest-rate coverage. The role manages trading risk and client liquidity while coordinating with Sales, eFX Trading, Risk, Compliance, and desk management.
What You'll Do
- Price and manage FX and interest-rate risk for a diverse client base, with a focus on CLP, COP, and PEN and broader EM and G10 coverage.
- Own a defined risk book and use macro views and technical skills to manage risk and pursue trading opportunities.
- Partner with Sales to understand client objectives, provide consistent pricing and liquidity, and grow client relationships.
- Engage directly with clients to provide market color and trader insight, and follow up after trades.
- Work with eFX Trading to improve the product and coordinate risk between eFX and voice trading.
- Coordinate with Risk, Compliance, and desk management on limits, escalations, and control adherence.
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Market-making experience in FICC with a track record of managing risk and generating revenue; a client-first mindset and ability to build relationships alongside Sales; a strong technical background across data science, agentic coding, and trading systems; exceptional communication, an entrepreneurial mindset, cross-functional collaboration, and a drive to improve desk processes.
Preferred
- EM FX exposure is preferred.
- Programming and agentic coding experience are strongly preferred.
- Spanish or Portuguese language skills are a plus but not required.
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Who we are looking for
Why this role is important to us
The team you will be joining is a 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.
What you will be responsible for
As AVP EM FX Trader you will:
Price and manage FX and IR risk for a growing and diverse client base, focused on CLP, COP and PEN with generalist coverage across the broader EM and G10 franchise, as part of a regional and global team
Own a defined risk book and contribute directly to desk revenue, using macro views and technical skills to manage risk and maximize opportunities
Partner with Sales to grow and deepen the client franchise by understanding client objectives and delivering consistent pricing and liquidity
Engage directly with clients to provide market color, trader insight and post-trade follow-up
Partner with eFX Trading to deliver a consistent, improving product and to strengthen risk coordination between eFX and Voice Trading
Work closely with Risk, Compliance and desk management on limits, escalation and control adherence, upholding the highest standards of conduct
What we value
These skills will help you succeed in this role
Market making experience in FICC, with a track record of managing risk and generating revenue
A client-first mindset and the ability to build trust and grow relationships alongside Sales
Strong technical background across data science, agentic coding and trading systems
Exceptional communication skills, an entrepreneurial mindset and the ability to work across Sales, Trading, Risk and Technology
A fast learner who is driven to improve how the desk works
Education & Preferred Qualifications
Bachelor's degree in a related field
3-6 years in a trading role or in direct support of a trading desk, with EM FX exposure preferred
Programming and agentic coding experience strongly preferred
Additional requirements
Full time on-site presence on the trading floor, including early and extended hours to cover Latin American and global FX markets
Spanish or Portuguese language skills are a plus but not required
Salary Range:
$175,000 - $175,000 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.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage 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 essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
About the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.