eFX Quantitative Analyst
State Street
- Location
- Boston
- Employment
- Full Time
- Work model
- On-Site
- Level
- Mid
- Posted
- Sep 10, 2026
Skills
About this role
Who we are looking for Electronic foreign exchange is a cornerstone of State Street's global markets franchise, connecting clients to liquidity, exchanges, and trading venues around the world. As our eFX business continues to expand across market-making, algorithmic execution, and benchmark services, we are investing in the next generation of talent to drive innovation and growth. This is an exciting opportunity to join our eFX Benchmark team, where you will help develop and enhance automated trading strategies that intelligently manage and hedge the market risk associated with client FX benchmark orders. Why this role is important to us The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success. Our eFX trading desk processes billions of data points daily, creating challenging quantitative problems across market microstructure, statistical modeling, execution optimization, and real time decision making. We are seeking a talented quantitative researcher with strong technological skills to contribute across multiple aspects of the eFX Benchmark business. This role offers extensive opportunities for professional development, mentoring, and access to advanced resources. If you’re passionate about innovation in eFX and looking for a place where your expertise can help drive our continued success, we’d love to hear from you. Join us if making your mark in the capital markets industry from day one is a challenge you are up for. Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available. What you will be responsible for As an eFX Quant Analyst you will: Apply expertise in computer science, statistics, optimization, and machine learning to complex, high-frequency, asynchronous market and execution data, and develop automated strategies for benchmark execution, and electronic risk hedging. Work across the full research lifecycle, from identifying opportunities and developing hypotheses through data analysis, simulation, implementation, testing, production deployment, while collaborating closely with quantitative researchers, developers, traders, and partners across Technology, Product, Risk, Compliance, and Model Risk. Join a dynamic, supportive team where your contributions will directly influence our strategic direction. We value diverse perspectives and innovative approaches, and your ideas will be heard. More specifically What we value Creative and rigorous thinker motivated by challenging problems Self-starter with intellectual curiosity and a strong desire to learn Ability to formulate research hypotheses, design appropriate tests, and draw well-supported conclusions from complex data. Strong knowledge of statistics, probability, optimization, numerical methods, or machine learning Experience analyzing large, complex datasets and converting the results into practical insights or solutions. Experience developing analytics, visualizations, or user interfaces for data analysis and strategy monitoring. Ability to combine quantitative research with practical software development. Strong written and verbal communication skills, including the ability to explain complex quantitative concepts clearly. Ability to