What are the responsibilities and job description for the Junior Equity Strategist on the Multi-Asset Macro Team, AVP position at State Street?
Who We Are Looking For
The role of the Multi-Asset strategy team is to support the growth in State Street’s Global Markets business. It combines our unique capabilities in data and analytics to better serve our clients and build relationships with new customers. The aim of the group is to create a full spectrum of proprietary indicators, tools and ideas that enable our clients to identify opportunities, develop new perspectives and make more informed investment decisions in the global asset markets. The Junior Equity Strategist will be based in Boston and the key responsibility will be to provide research and analytical support for the Boston strategy team, with a view to developing into a strategist in the future.
This role can be performed in a light hybrid model, where you can balance work from home and office to match your needs and role requirements. However, four day a week office attendance is a requirement.
At this time, immigration related sponsorship is not offered for this role.
Role is AVP level, dependent on experience.
Why This Role Is Important To Us
The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
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 a junior equity strategist, you will:
These skills will help you succeed in this role
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.
Salary Range
$175,000 - $175,000 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.
State Street's Speak Up Line
Job ID: R-764554
The role of the Multi-Asset strategy team is to support the growth in State Street’s Global Markets business. It combines our unique capabilities in data and analytics to better serve our clients and build relationships with new customers. The aim of the group is to create a full spectrum of proprietary indicators, tools and ideas that enable our clients to identify opportunities, develop new perspectives and make more informed investment decisions in the global asset markets. The Junior Equity Strategist will be based in Boston and the key responsibility will be to provide research and analytical support for the Boston strategy team, with a view to developing into a strategist in the future.
This role can be performed in a light hybrid model, where you can balance work from home and office to match your needs and role requirements. However, four day a week office attendance is a requirement.
At this time, immigration related sponsorship is not offered for this role.
Role is AVP level, dependent on experience.
Why This Role Is Important To Us
The team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM. As our investment research and trading arm, SSGM’s number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
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 a junior equity strategist, you will:
- Support Senior strategists in providing regional / sector / style equity recommendations
- Analyse / model fundamental trends (earnings, margins, valuation, etc) in the coverage markets
- Combine the deep understanding of those fundamental trends with SSGM proprietary sentiment indicators to access relative attractiveness of the markets
- Provide commentary incorporating SSGM's proprietary measures of investor behavior, risk and inflation indicators with sector, industry and fundamental analysis with specific focus on equity markets
- Write thought pieces, contribute to the portfolio of recommended asset allocation ideas and help to produce longer-term research insights.
- Present research ideas to broader research team and sales force
- In the future the aim will be to present the research to clients and work with the sales team to provide ongoing coverage to large hedge fund, institutional and central bank clients.
- Work towards becoming a key voice for equity market views in the North American team and a key research contact for clients in this time zone
These skills will help you succeed in this role
- Candidate should be a self-driven, energetic and creative thinker with a strong curiosity about the drivers of asset risk and returns, economics, aggregate financial markets and correlations and causations of interactions of the relevant variables therein
- Candidate should be able to have a broad understanding of economic and political factors that impact equity markets.
- Strong written communication skills. One of the core functions is the generation and co-ordination of written research, so the ability to write clear, concise, and digestible research is critical.
- Strong quantitative skills. The candidate should be highly numerate with a strong familiarity with statistical techniques.
- Strong academic background in economics or finance.
- The candidate should have at least 2 to 4 years of experience in equity strategy (sell or buy side).
- Familiarity with investment analysis, database management, valuation and factor investing are essential. Understanding of broader macro investing / asset allocation is desirable.
- Analytical – Ability to assimilate and analyse complex market data and present one’s own ideas in written and presentation form, as well as to support the work of senior strategists. The need to work to tight deadlines will be required.
- Follow thought leadership research in the field.
- Communication – Solid verbal and written communication skills
- Technical – extensive experience with Python, Excel and PowerPoint required. Comfort with Bloomberg, BQL, and DataStream is preferred
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.
Salary Range
$175,000 - $175,000 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.
State Street's Speak Up Line
Job ID: R-764554
Salary : $175,000
