Agency Lending - Head of Trading, North America, Managing Director
BOSTON, MAPosted 19 days ago
Job summary
Job post source
This job is directly from State Street
Job overview
The role is Head of Trading, North America for State Street's Agency Lending business, leading the North American trading team to drive strategy and performance in securities finance.
Responsibilities and impact
The candidate will lead the North American trading desk, manage a team in Boston and Toronto, optimize trading strategy and risk-adjusted returns, maintain regulatory compliance, build relationships with stakeholders, and contribute to global business direction.
Compensation and benefits
The salary range is $235,000 to $246,250 annually with competitive benefits including medical care, insurance, savings plans, flexible work programs, development programs, and educational support.
Experience and skills
Requires minimum 10 years in securities finance with agency lending and trading leadership experience, strong knowledge of securities lending markets, regulatory frameworks, risk management, and effective communication skills; bachelor's degree required, advanced degree or CFA preferred.
Career development
The company offers wealth of development programs and educational support to help employees reach their full potential.
Work environment and culture
State Street values diversity, inclusion, and social responsibility, offering an inclusive environment, flexible work programs, paid volunteer days, and employee networks to support work-life balance.
Company information
State Street is a leading custodian bank and asset manager with over two centuries of history, providing investment servicing, data analytics, research, trading, and management to institutional clients worldwide.
Team overview
The candidate will join the global Agency Lending trading team operating across six global locations, managing a team of seasoned traders in Boston and Toronto.
Job location and travel
The position is based in Boston, MA or Toronto, CA with options for flexible work programs.
Unique job features
The role offers leadership of a high-revenue, market-leading agency lending trading desk with global reach and innovative trading platforms.
Company overview
State Street Corporation is a leading financial services and bank holding company headquartered in Boston, Massachusetts. Specializing in investment management, research, and trading, the company generates revenue through asset servicing, investment management, and advisory services. Founded in 1792, State Street has a rich history of innovation in financial services, including the development of the first U.S. mutual fund in 1924. Today, it is known for its robust technology platforms and global presence, managing over $4 trillion in assets.
How to land this job
Position your resume to highlight your leadership experience in securities finance, especially in agency lending and trading, demonstrating your ability to manage and inspire high-performance teams across multiple locations.
Emphasize your deep understanding of global securities lending markets, risk management, regulatory compliance, and your strategic thinking skills that align with driving trading strategy and optimizing risk-adjusted returns.
Apply through multiple channels including State Street's official corporate careers site and LinkedIn to maximize your application visibility and ensure you reach the right hiring managers.
Connect with current employees in State Street's Agency Lending or Markets division on LinkedIn; use ice breakers like commenting on recent market trends they shared, asking about their experience working in agency lending, or expressing admiration for State Street’s leadership in securities finance.
Optimize your resume for ATS by incorporating keywords such as 'agency lending,' 'securities finance,' 'trading leadership,' 'risk management,' 'regulatory compliance,' and 'client relationship management' to ensure it passes automated screenings.
Use Jennie Johnson's Power Apply feature to automate multi-channel applications, tailor your resume with relevant keywords, and identify LinkedIn connections for networking, allowing you to focus your time on interview preparation and strategic follow-ups.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.