Front Office Trading Services, Financing Solutions (Prime and SF), Assistant Vice President
State Street
- Location
- Boston
- Employment
- Full Time
- Work model
- On-Site
- Level
- Staff
- Posted
- 20h ago
About this role
Job Description
Who we are looking for We are looking for a motivated candidate who is eager to learn and expand their analytical and communication skills, while providing day-to-day support for Sales and Trading teams in Financing Solutions. Great learning opportunity to get immersed in Financing Solutions, working closely with Sales and Trading teams! In-office presence is required. The Front Office Trading Services (FOTS) team provides support across the globe (North America, Europe, and Asia-Pacific) for State Street Market’s Sales & Trading Desks and acts as the primary liaison for external and internal clients. In addition to trading support and client services, the team works closely with Operations groups and participates in projects related to new trading initiatives, platform onboarding, integration, testing and implementation planning. Why this role is important to us The team you will be joining is a part of State Street Markets (SSM). 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 we value
These skills will help you succeed in this role Strong willingness to learn systems, processes and new technical skills Ability to work as part of a team and under own initiative as well Ability to work under pressure and manage multiple priorities in a deadline driven environment What you will be responsible for As Front Office Trading Services team member you will: Partner with Sales & Trading to support financing transactions and post-trade lifecycle events across Prime Services and Secured Financing products. Manage and oversee key financing activities including returns, recalls, buy-ins, contract compare, corporate actions, collateral-related inquiries, trade matching, novation processes, and settlement monitoring to ensure timely and accurate execution. Serve as the primary point of contact between the Front Office and Operations, proactively monitoring daily processes, resolving breaks, managing escalations, and coordinating issue resolution across trading, operations, technology, finance, collateral risk, and external counterparties. Monitor trade activity, settlements, and financing positions to identify exceptions, mitigate operational risk, and ensure transactions are properly booked, matched, novated, and settled within required market deadlines. Support corporate action processing across physical and synthetic financing positions by partnering with Trading, Operations, and Corporate Actions teams to ensure accurate allocation and client impact management. Manage onboarding activities for new borrower accounts, coordinating with internal stakeholders to facilitate account setup, trading readiness, and operational support requirements. Respond to client, broker, and internal inquiries related to financing transactions, settlements, collateral discrepancies, position management, and other trade-related matters while providing exceptional client service. Perform reconciliations and data quality reviews to ensure the accuracy and integrity of trade, position, collateral, and financing records, investigating and resolving discrepancies in a timely manner. Produce and distribute client and management reporting, including financing activity, collateral, fee and rebate, pledged collateral, exception management, and bespoke client reporting requests. Partner with Trading desks to monitor financing inventory, borrows, loans, returns, and other financing activity to ensure adherence to settlement obligations and client commitments. Act as a subject matter