Foreign Exchange Trading, Officer

Why this role is important for us

Including (but not limited to):  Market-make and order-manage for Sales/clients in FX markets, leverage principal positioning via transparent machine driven or manual trade initiatives within overall risk guidelines to maximize revenue opportunities.

What you will be responsible for

As Foreign Exchange Trading , Officer your will:

• Quote and manage direct/non-machine qualifying voice order business from Sales.
• When appropriate, use eFX liquidity for portfolio efficiency and use of discretion to tighten or skew pricing, based on client specific knowledge.
• Use macro views & technical analysis to manage risk from client flows and maximize the revenue opportunity.
• Execute flows according to client’s orders (at best, slowly, “iceberg”, etc.)
• Continuously monitor client orders in Barracuda
• Monitor and execute limit and stop loss orders for clients.
• Protect client’s best interest through the use of discretion.
• Work with eFX quant team to develop and improve our trading capabilities.
• Continuously synthesize informational content of macroeconomic data, market research, news stories and price action
• Assist sales team in formulating trading strategies for clients
• Post ideas in global chats Sales and Trading chats
• Continuously monitor trading positions and risk limits and ensure all positions are accounted for and booked properly
• Make sure positions are within proper risk and credit limits
• Read news, internal & external research, analyze overnight market moves and upcoming market events to offer opinions to sales and trading team
• Conduct quantitative analysis to foster trading strategies and improve client relationships
• Review volumes report from previous day to ensure its accuracy.

Work Parameters or Boundaries

• Work with the spot, Forward, Emerging Market, NDF traders and Quant team in the other centers to optimize the value of the global book working closely with the responsible risk monitoring locale to ensure maximum use of the available internal liquidity.
• Collaborate for proficient staffing coverage of Bank holidays and vacations with the other geographies.
• Attend global team meetings to discuss new developments, client analysis and delivery roadmap.

Education and Preferred qualifications

• FX Trading experience is desirable.
• Coding experience is desirable.
• BS/BA degree required
• Minimum 1yr Trading experience in FX or other local markets
• Process oriented open mindset with good understanding of technology and global markets.
• Strong analytical skills and an entrepreneurial mindset
• Strong and succinct communication skills
• Fluent in Portuguese
• Fluent in English

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.

Discover more at StateStreet.com/careers