Who we are looking for:
State Street Bank International (SSBI), Munich, is seeking to hire a Junior Portfolio and back-up Manager Treasury Funding dealer to provide support to the SSBI Senior Portfolio Manager and Treasury Funding Desk in managing SSBI’s Investment Portfolio and balance sheet.
What you will be responsible for:
- Supporting the SSBI Senior Portfolio Manager in portfolio construction and trade execution of the entity’s Investment Portfolio (primarily structured finance assets), whilst working in tandem with Senior Portfolio Managers globally.
- Support in managing liquidity and funding requirements of SSBI. This includes back-up for day-to-day management of currency positions and the entities liquid assets. Daily activities include trading and position management of the liquidity portfolio utilizing the currency swap market, money markets, repo market, and interbank funding markets.
- Working with Credit Analysts to buy and sell securities on behalf of the Investment Portfolio.
- Supporting other global Senior Portfolio managers with various ad hoc Investment Portfolio duties where required.
- Preparing reports on investment portfolio strategies, market developments, and Investment Portfolio risks.
- Communicating developments in macroeconomics and market data in timely and clear manner to Senior Management.
- Developing relative value outlooks for European RMBS/ABS/CLO and forward-looking views for these asset classes to guide the investment process.
Other responsibilities include:
- Developing and maintaining relationships with local Senior Management, various internal stakeholders and as well as developing banking/broker/dealer relationships with the wider financial community to support funding and Investment Portfolio activities.
- Participating and contributing to projects related to Global Treasury initiatives.
What we value:
- Excellent analytical skills and good knowledge of financial markets.
- Exhibit a high level of flexibility towards undertaking additional responsibilities as required to contribute to the overall team’s success.
- Detail-oriented and ability to work in a fast-paced, evolving environment.
- Excellent excel spreadsheet skills (coding skills are an additional benefit)
- Capacity to learn new technologies/systems.
- Professional, dependable and exhibit a high level of integrity.
- Strong communication skills and ability to work effectively with people at various levels of the organization.
Education & Preferred Qualifications:
- Bachelor’s degree in finance, Economics or a related field
- 2-5 years of front office Asset Management/Trading related experience.
Are you the right candidate? Yes
We honestly 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 do not 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 da