FX Sales - Alternatives, Vice President
State Street is hiring an FX Sales - Alternatives, Vice President in Boston, United States. It pays $200k a year and Level rates it ; you can apply on State Street.
Level's read on this job
- Little AI ●○○○ is how Level rates this sales role: aI is not part of the work.
- Pay on this posting starts 43% higher than the typical sales posting on Level.
- The posting mentions fx sales, institutional sales and relationship management among its tools and skills.
- Level classes it as a senior role.
- State Street has 1,300+ other open roles on Level.
AI in this role
Distribute FX products and research to institutional investors while growing client relationships and trading volumes.
Who we are looking for
This position is part of the Alternatives FX Sales team within SSGM and will have primary responsibility to distribute a diverse range of FX products and research to institutional investors. The role will require developing and maintaining client relationships, providing daily FX coverage, academic research, innovative eFX solutions, and competitive pricing and execution across G10 and EM.
Why this role is important to us
The team you will be joining is a part of State Street Markets. 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
Manage a portfolio of institutional client FX relationships with a focus on the alternatives segment.
Prospect new clients and grow the existing franchise by leveraging State Street’s trading, research, and technology tools.
Achieve goals regarding client acquisition, volume of business, and cross sell.
Collaborate with SSM trading and strategy to deliver quantitative indicators and macro thought leadership.
Assume responsibility for new business initiatives including working with internal teams on corporate wide initiatives.
Pursue risk excellence including adhering to procedures, regulations and credit limits.
Leverage e-FX technology and data to drive effective business growth and trading volumes.
What we value
These skills will help you succeed in this role
Sophisticated understanding of foreign exchange and interest rate derivative trading products and the application to asset managers, hedge funds and alternative managers.
Detailed understanding of the regulatory environment and market structure.
Long track record of demonstrated commercial orientation covering institutional clients including existing and new business development.
Ability to collaborate across organizational boundaries.
Self starter, with excellent communication skills.
History of strong team performance and achievement in the sales arena.
Education & Preferred Qualifications
BS/BA degree required; Master's degree or CFA preferred
5-15 years of experience in FX or related markets
Strong interpersonal, communication skills and team orientation
Creativity, intellectual curiosity, and the ability to learn continuously
Additional requirements
Foreign language considered a plus
Salary Range:
$200,000 - $200,000 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
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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.
How we rate this
FX Sales - Alternatives, Vice President at State Street rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Also common in sales jobs at this level
Pay
- This job starts at
- $200k
- Typical sales job
- $140k
This posting starts 43% above the typical sales job. See sales jobs
Questions you could be asked
- Tell me about a project where fx sales was part of your work. What did you do?
- Tell me about a project where institutional sales was part of your work. What did you do?
- Tell me about a project where relationship management was part of your work. What did you do?
- Tell me about a project where financial markets was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Fx Sales, Institutional Sales, Relationship Management, and Financial Markets. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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