eFX Alpha Strategies Quantitative Analyst, Vice President
State Street Corporation
Application
Details
Posted: 14-Aug-24
Location: London, United Kingdom
Type: Full-time
Salary: Open
Internal Number: 20866771
Who we are looking for This front office, trading floor role involves generating and researching ideas for signal and strategies for use in automated standalone alpha trading and other areas of eFX, and developing them into production system code.
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 eFX Alpha Strategies Quantitative Analyst, Vice President, you will
Main contributor to on-going enhancements to the eFX Alpha pod's model and strategy backtesting framework (in Java)
Contributing to the on-going R&D of the eFX Alpha pod's automated selection and optimization of models and strategies
Researching and generating FX market signals for use in standalone risk holding Alpha strategies, and in other eFX business areas
Meeting Alpha pod P&L targets, and contributing to Market Making P&L targets
Documenting analysis and models so that they accessible to eFX Quants and, where necessary, to all relevant Risk, Compliance, and Audit teams
Individual Contributor
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
Provide appropriate management information as required to support business unit decision making
Support the 'Risk Excellence' culture within the business
Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations
What we value
These skills will help you succeed in this role
Required: extensive professional Java development experience
Required: experience in backtesting and simulation of trading strategies in a production environment
Required: R&D experience with a variety of automated trading strategies
Good to have: Buy-side experience
Good to have: Experience with a data analysis & modelling language (e.g. Python, Matlab, etc.)
Education & Preferred Qualifications
Required: degree in a quantitative discipline (Computer Science included)
A post-graduate degree in a quantitative discipline would be a benefit
Additional requirements
Appreciate that all Alpha strategies must be ethical in intention and implementation
Able to anticipate where models and code are susceptible to problems or fragile
Able to apply statistical rigour to data analysis
Motivated to consider and test multiple hypotheses to explain data
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 Street
What 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.