Securities Finance : Agency Lending - Fixed Income Trading, Vice President

This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Securities Finance, Agency Lending Trading, Vice President

This role could potentially be based in Boston, MA or Jersey City, NJ

Who we are looking for

We are seeking a dynamic and strategic Vice President to join our Agency Lending team within the Securities Finance division. The ideal candidate is a seasoned professional with deep expertise in securities lending, a strong understanding of global financial markets, and a proven ability to drive business growth while managing risk. You are a collaborative leader who thrives in a fast-paced environment and can build strong relationships with institutional clients, internal stakeholders, and external counterparts.

You will be part of the broader Securities Finance ecosystem, which includes Agency Lending (AL), Prime Services (PS), and Secured Fund Financing (SFF). This role offers significant exposure to cross-functional teams and leadership opportunities within a collaborative and talent-focused environment.

Due to the role requirements this job needs to be performed in the office.

Why this role is important to us

State Street's award-winning Agency Lending team is a global leader in Securities Finance and a flagship product within our Markets business. We provide innovative financing solutions in a $3.97 trillion industry that supports liquidity across global financial markets. We generate over $1.2 billion in annualized revenue for more than 225 active clients, including some of the world's largest sovereign wealth funds, asset managers, and pension funds, who entrust us with over $5 trillion in lendable inventory. Our trading desks operate across six global locations, engaging with over 150 banks, brokers, and investment managers in 37 lending markets. Our traders drive client revenue by lending securities in exchange for fees, leveraging a wide range of data inputs-from macroeconomic trends to company-specific events-to price and manage trades throughout their lifecycle.

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

As Securities Finance, Agency Lending Trading, Vice President you will :

Lead and manage the agency lending program, including oversight of lending strategies, collateral management, and client servicing.

Meet revenue targets and achieve optimal return to lendable assets for clients while managing within appropriate risk limits

Monitor market trends, regulatory developments, and competitive landscape to inform strategic decisions of our lending program

Proactively engage with subject matter experts to glean business and market knowledge

Maintain and enhance relationships with clients, and counterparties.

Evaluate collateral options in terms of both value and risk, and provide cash liquidity where applicable

Innovate and explore ways to improve current systems and processes

Collaborate with trading, operations, legal, compliance, and risk management teams to ensure seamless execution

Represent the firm at industry events, conferences, and client meetings to promote the agency lending platform.

Comply and adhere to all global trading procedures

What we value

These skills will help you succeed in this role

Demonstrate strong management potential, as leadership capability is key to success in this role

Has excellent verbal and written communication skills to build relationships with counterparties and clients

Seeks to find ways to drive productivity and efficiencies

Accepts feedback to continually develop and improve

Problem solver

Education & Preferred Qualifications

5+ years of experience in Securities Finance or a related trading role

Strong background / knowledge of Fixed-Income Markets, including Securities Finance, Repo, the Federal Reserve, and Treasury

Experience with industry trading, operations, legal contracts, along with various collateral trades including cash, and non-cash upgrade swaps

Exceptional communication and interpersonal skills

Proven ability to lead and mentor in a team environment

​ Strong organizational skills and attention to detail

Ability to manage multiple priorities in a dynamic setting

Proficiency in QlikView, VBA, Python (Pandas / Numpy), or similar tools

Bachelor's degree in business, finance, STEM, or related discipline

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 fulfill 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 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.

Salary Range :

$195,000 - $198,750 Annual

The 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.

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.

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