Who we are looking for
The successful candidate will be a senior member of the FX analytics team to work on a new initiative to build out new pre-trade analytics for our Global Markets clients. The candidate will be responsible for formulating the underlying model/analytics taking into consideration benchmarks, real time market conditions, liquidity, risk and cost.
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.
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 Senior FX Analytics Quantitative Analyst you will
• Work to understand client needs, the environment and the specifications for pre-trade analytics for FX executions include spot, forward, NDF, swaps
• Recommend ideas and suggestions for input into the road map of the new initiative. Research and formulate the models required and justify models/algorithms through appropriate out-of-sample backtesting periods and cross-validation techniques.
• Analyse large, high frequency data sets and execution data and develop research all the way from prototype to production, working alongside technology to implement the workflow and model
• Work closely with the current best execution analytics team to analyse the data and improve on existing post-trade
• Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
• Ensure that the highest level of the Code of Conduct is displayed in your behaviour
• Facilitate the provision of appropriate management information as required to support business unit decision making
• Support the ‘Risk Excellence’ culture within the business
What we value
These skills will help you succeed in this role
• Pragmatic mindset - research should be targeted at solving business problems and improving profitability.
• Excellent communication skills are required to interact with clients and build relationships within Global Markets and be comfortable explaining results to both technical and non-technical audiences
• Self-motivated and with ability to work with minimal supervision.
Education & Preferred Qualifications
• Postgraduate degree (PhD or Masters) in Mathematics, Data Analytics, Machine Learning, Engineering, Statistics or related field.
• Experience developing algos and pre-trade analytics
• Strong understanding of the FX execution algo market
• Proficiency in statistical packages such as Matlab, Python or R.
• Object oriented programming skills: Java or C++.
• Strong statistical foundations
• Cross-asset exposure a plus
