State Street Corporation

Head of Agency Lending eTrading, Vice President

State Street Corporation$220K — $223K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in securities finance trading focused on technology-led solutions.
  • Proficiency in at least one scripting language (e.g., Python, R).
  • Undergraduate degree in Computer Science, Mathematics, Statistics, Engineering, Economics, Finance, or a related quantitative discipline.
  • Deep understanding of securities lending trading dynamics, market structure, regulation, and technology.
  • In-depth knowledge of bank capital, liquidity, and leverage constraints affecting securities finance businesses.
  • Outstanding written and verbal communication skills; ability to simplify technical concepts for executives.
  • Proven ability to foster trust and drive alignment across trading, product, engineering, and quant teams.

Responsibilities

  • Own the vision, strategy, and performance of electronic trading globally across all asset classes.
  • Manage, lead, and develop a global team of electronic trading personnel.
  • Act as a key external voice for electronic trading and engage with senior contacts to drive global strategy.
  • Serve as a strategic partner on the Agency Lending Trading leadership team to drive innovation.
  • Partner with Sales and Client Management to promote Agency Lending's electronic trading capabilities.
  • Ensure a robust risk and control environment for electronic trading in collaboration with compliance teams.
  • Lead development of next-gen quantitative intelligence to enhance revenue creation and efficiency.

Benefits

  • 401K plan with company match.
  • Insurance coverage including medical, dental, vision, and disability.
  • Paid-time off including vacation and sick leave.
  • Access to Employee Assistance Program.
  • Incentive compensation with performance-based awards.
Full Job Description

Head of Electronic Trading,AgencySecuritiesLending,Vice President

Who We Are Looking For:

Agency LendingElectronicTradingis responsible forconnectingone of theindustry99slargest pools of institutionallending supplytoborrowerdemand,enablinglow-touchmarket interaction across venues and bilateral channels,researching and implementingquantitativemodelsthatdrive business performance, and deliveringplatforms through which automated strategies aremonitored andcontrolled.

Ourvisionis tobe the world99s most connected, seamless, and intelligent lender defining the future of securities finance with technology-enhanced trading and data-driven strategies that efficiently mobilize client assets. We take pride in contributing to industrymodernizationby promoting standards, best practices and the adoption of new technologiesactively participatinginvariousworking groups and committees.

Wearesearchingfor anewHead of Electronic Trading for our Agency Securities Lending businessone of the world99s largest with ~$7 trillion lendable assets. Theprimarylocation for this role isBoston, Massachusetts, USA, but we will consider candidates based inLondon, England, UKas a secondary location both locationswith afrequent-hybrid onsiterequirement of 4-days per week.

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 tothe SSMbusiness unit. As our investment research and trading arm,SSM99snumber one goal is to enhance and preserve our clients99 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:

AsHead of Electronic Trading for Agency Securities Lending, you will:

  • Own thevision, strategy, and performanceforelectronic trading globally across all asset classeswith a focus onquantitative pricing,inventory optimization, automated trading strategies, analytics, and the deployment of artificial intelligence and digital innovation across the program

  • Manage, lead, and develop a global team of electronic trading personnel fostering accountability, ownership, collaboration, and high performance

  • Act as a key external voice for electronic trading, automation, analytics and artificial intelligence, and digital innovation engaging with senior contacts including clients, counterparties, vendors, and industry groups in various settings to drive a cohesive global strategy

  • Be a trusted strategic partner and stakeholder on the Agency Lending Trading leadership team collaborating globally to drive innovation and achieve optimal outcomes for our clients within the firm99s risk appetite and evolving financial resource constraints

  • Partner with Sales and Client Management to design and deliver a commercial narrative for Agency Lending99s electronic trading capabilities, leveraging our technology-led program as a selling point for new and existing clients

  • Ensure an ironclad risk and control environment for electronic and automated trading partnering with Business Risk Advisory, Compliance, Legal, and Audit to implement and oversee best practices

  • Lead the development of Agency Lending99s next generation of quantitative intelligence spanning pricing, inventory management, execution, and other use cases to power revenue creation and resource efficiency for clients and the firm

  • Continuously explore ways to make the Agency Securities Lending business more efficient in its consumption of financial resources while partnering across Trading and Risk to ensure that financial resource targets for the business are met in part by modulation of electronic trading parameters

  • Partner with Technology to design and evolve our automated trading systemincluding systematic pricing and inventory management frameworks, marketconnectivity, and business-facingtools for configuring and managingtheelectronic business

  • Evaluate and integrate new electronic trading venues, protocols, and data sources as the market evolves, with a focus on scalable solutions

  • Stay at the forefront of relevant market structure developments, partnering with the Product organization to incorporate solutions such as central clearing into scalable, electronically accessible solutions for counterparties

  • Collaborate with State Street Markets99 Research division to distill academic theory into actionable trading strategies while exploring evolving use cases within Trading across both predictive and generative artificial intelligence

Education And Preferred Qualifications:

  • 5+ years of experience in securities finance tradingwith a focus on technology-led solutionsis a requirement.

  • Proficiency in at least onescriptinglanguage (Python, R, etc.) is a requirement.

  • An undergraduatedegreeinComputer Science,Mathematics, Statistics, Engineering, Economics, Finance, or a related quantitative disciplineis a requirement.

  • Adeepunderstanding ofsecurities lending trading dynamics,market structure,regulation, and technologyis a requirement.

  • Adeep understandingof bank capital, liquidity, and leverage constraints and how they impact securities finance businesses is a requirement.

  • Outstanding written and verbal communication skillsand the ability to distill complex, technical concepts into succinct, digestible executive languageis a requirement.

  • A demonstrated ability tofoster trust anddrive alignment between cross-functional trading, product, engineering, and quant teams is a requirement.

  • A graduate degree(MS, MBA, MFE, or similar) is a plus.

Salary Range:

$220,000 - $223,750 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.

Employees are eligible to participate in State Street99s 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 .

About State Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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