Partnered Trading And Transition Management

Partnered Trading and Transition Management

Who we are looking for

CF Global seek an experienced and technically sophisticated buy side trader (Fixed Income/Multi-Asset). The successful individual is highly likely to have some buyside experience but may also have worked on the sell side in a trading role with a strong understanding of data for Transaction Cost Analysis (TCA) and Execution consulting purposes.

Why this role is important to us

The team you will be joining is a part of State Street (CF Global). CF Global combines best-in-class trading technology with tailored commission, management services and advanced transaction cost analysis to help their clients reduce both explicit and implicit trading costs.

• Provide best execution in trading for CF Global/State Street clients by executing effectively with our wide counterparty list.
• Work closely with counterparties and vendors to optimise execution
• Assist in ensuring an efficient trading process, feeding back TCA and broker analytics to continuously improve
• trade execution
• Assist in the development of new tools to improve trading, measurement (TCA) and implementation
• Provide ad-hoc and structured support to Head of Trading / other colleagues

What you will be responsible for

As a Partnered Trading and Transition management you will:

Trading

• Execution main focus will be Fixed Income but Multi-asset experience would be useful (Equities, Futures, Options). Clients Asset Mgrs, Pension Funds, Family offices and hedge fund
• Communication with client investors on pre-trade analysis and opportunities
• Defining trading strategy and implementation with trading team
• Monitoring of market movements and communication of execution opportunities to investors
• Monitoring of universe of investable securities
• Proper communications with compliance from pre- and post-trade
• Transaction cost analysis to evaluate execution with goal of improving trading efficiency
• Pre- trade for investment trades and programs
• Perform, quarterly formal TCA analysis and meeting delivery to clients and compliance
• 
  Willing to stay current by study and by understanding global market structures for Fixed Income, Equity, as well as direct market access and underpinnings of algorithmic trading
• Assist in managing broker relationships
• Perform due diligence via questionnaire and in-depth studies on brokers, smart-order routing, algorithm behaviour and dark pool structure and participants
• Managing system vendors (Bloomberg, Fidessa, MarketAxess, Tradeweb, etc)
• Maintain trading procedures manual
• Update of various screens and reports for weekly investment meetings

Work with Operations to:

• Ensure timely delivery of trading data to counterparty (broker, administrator)
• Ensure clean reconciled data available for start-of-day positions and trading
• Drive automation of manual processes

Execution and TCA Tools

• Maintain trading procedures manual
• Evaluate and drive innovation and progress on TCA tools for all asset classes
• Keep abreast of industry trends and new providers of trading insight
• Work on tools for market intelligence
• Work on tools for tracking down and sourcing liquidity
• Work on strategies for TCA benchmarking
• Work on trading strategies for each order type and style and TCA benchmark
• Create and perform due diligence questionnaires and evaluation for brokers, dark pools and other venues

What we value

These skills will help you succeed in this role

• Highest levels of integrity
• Ability to accept responsibility
• Strong attention to detail
• Prior trading or market facing experience or interest

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Get Hired

Education & Preferred Qualifications

• Customer function approved person
• Undergraduate 2:1 in a technical subject preferred
• Minimum 5 years of supporting work expeience.
• Ability to perform detailed data analysis (using Excel or other)
• Excellent communication skills and client focus with a keen sense of client service
• Strong technology skills
• CFA
• Excel/VBA and statistics skills highly desirable

Additional requirements

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 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.

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