Who we are looking for

As a Front Office Trading Services (FOTS) officer, s/he provides support for State Street Global Market’s FX Sales & Trading Desks in the Seoul branch. The role also acts as a liaison for external and internal clients. In addition to trade support and client services, s/he maintains effective controls and participates on projects related to new trading initiatives, testing and implementation planning.

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. As one of the largest and most experienced securities financing providers in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision-making and enhance performance. With a focus on innovative financing solutions, we’ve expanded our services to support a range of agency lending, repo and prime services, helping investors access new pools of liquidity and providing competitive overnight and term cash investment financing. 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 Front Office Trading Services (FOTS), Senior Associate you will:

Assist Markets FX Sales & Trading with trade support and related responsibilities, not limited to -                

• Booking, cancelling, modifying, and rebooking of trades.
• Process NDF fixing and position clearing.
• Reconcile sales profit and loss reporting and P/L consolidation.
• Maintain strong working relationships and liaise with internal and external counterparts including Sales, Trading, Legal, Compliance, Operations, Technology and Business Architecture as FOTS.
• Monitoring Markets’ trading systems and address/resolve issues with appropriate escalations.
• Perform daily valuation of Korea MSB(Monetary Stabilization Bonds) and book MSB trade.
• Participate in various projects that require FOTS expertise involvement with testing or future support.
• Understand the intricacies of manual and/or exceptional processes on the FX desk and work with IT, Credit & Compliance, Operations and Business Analysis teams to improve process inefficiencies. 
• Review and/or implement controls when applicable to reduce risk.
• Participate in UAT driven by regulatory change or system upgrade or compliance/legal related requirement change for both internal and external reason.
• Produce reporting for internal and external use.

QUALIFICATION REQUIRED

• Degree or equivalent education qualifications deemed appropriate in local market 
• 1-3 years financial services industry experience and experience in FX preferred
• Client facing experience is desirable/Strong client servicing skills are required 
• Excellent communication, interpersonal and relationship skills, that include the ability to build productive working relationships across teams and functions; and the ability to foster an environment of open communication.

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.

Discover more at StateStreet.com/careers

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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