Asia Emerging Market Fx Trader, Assistant Vice President

Singapore, Singapore

Job Description


Who we are looking for
Manage liquidity provision to all SSGM clients and branches. This includes:

  • Limit orders, market orders, and fixing orders etc.
  • Making markets as principal to clients and in the interbank market
  • Monitor all market risk in eFX Forward stream, and intervene when necessary
  • Manage flows and initiate market risk position to augment revenues
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 capital markets industry from day one is a challenge you are up for.

What you will be responsible for
As Emerging Market Trader you will
  • Make markets to clients / interbank counterparts and manage the resulting risk positions with the goal of generating market making revenues within individually prescribed guidelines focusing on South East Asian Markets
  • Continuously monitor and execute all client and branch orders
  • Assist the sales teams in marketing to SSGM clients
  • Participate in daily and regional/global market meetings
  • Continuously monitor trading positions, P/L and risk limits to ensure all positions and P/L are booked correctly
  • Oversee the eFX market risk management for some Asian currency pairs, including continuous development of our e-platform
  • Manage flows regarding custody FX service
Education & Preferred Qualifications
  • Undergraduate preferred or relevant/comparable professional qualification.
  • At least 2-3 years trading experience in FX or FI markets with proven track record.
  • Focus in Southeast Asian markets preferred.
Additional requirements
  • Stay current with all new regulatory requirements and industry best practice.
  • Ensure compliance with all Dodd-Frank and local regulatory business requirements.
  • Adhere to all requirements as an "Associated Person" or "Principal" in SSGM\'s Swap Dealer.
  • Ensure timely certification of all SSGM compliance training.
  • Maintain the highest ethical and business standards in order to not jeopardize State Street\'s reputation.
  • Report any business control and ethical issues / concerns to management promptly.
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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You\'ll have access to flexible Work Program 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 perspective 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 the 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 program 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

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Job Detail

  • Job Id
    JD1400561
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned