Front Office Trading Services Specialist – Financing Solutions

State Street; Boston (MA); On-site; USD 80,000 - 140,000; Full time

Job summary

State Street in Boston seeks a motivated candidate to learn quickly and support Sales and Trading teams in Financing Solutions. In-office presence is required, with exposure to global fronts and collaboration across Operations, Technology, and Finance.

You will participate in monitoring daily processes, managing settlements and financing activities, and delivering client reporting while building strong stakeholder relationships.

Qualifications

• Bachelor's degree or equivalent.
• 7+ years in financial services or exposure to secured lending, prime services or agency lending.
• Client facing experience is preferred but not required.
• Excellent communication, interpersonal and relationship skills.

Responsibilities

• Partner with Sales & Trading to support financing transactions and post-trade lifecycle events across Prime Services and Secured Financing products.
• Manage and oversee key financing activities including returns, recalls, buy-ins, contract compare, corporate actions, collateral-related inquiries, trade matching, novation processes, and settlement monitoring to ensure timely and accurate execution.
• Serve as the primary point of contact between the Front Office and Operations, monitoring daily processes, resolving breaks, and coordinating issue resolution across trading, operations, technology, finance, collateral risk, and external counterparties.
• Monitor trade activity, settlements, and financing positions to identify exceptions, mitigate operational risk, and ensure transactions are properly booked, matched, novated, and settled within deadlines.
• Support corporate action processing across physical and synthetic financing positions by partnering with Trading, Operations and Corporate Actions teams to ensure accurate allocation and client impact management.
• Manage onboarding activities for new borrower accounts, coordinating with internal stakeholders to facilitate account setup, trading readiness, and operational support requirements.
• Respond to client, broker, and internal inquiries related to financing transactions, settlements, collateral discrepancies, position management, and other trade-related matters while providing exceptional client service.
• Perform reconciliations and data quality reviews to ensure accuracy of trade, position, collateral, and financing records, investigating discrepancies.
• Produce and distribute client and management reporting, including financing activity, collateral, fee and rebate, pledged collateral, exception management, and bespoke client reporting requests.
• Partner with Trading desks to monitor financing inventory, borrows, loans, returns, and other activity to ensure adherence to settlement obligations.

Skills

Analytical skills

Communication skills

Attention to detail

Education

Bachelor's degree or equivalent

Tools

Microsoft Office (Word, Excel, Access, PowerPoint)

Job description

State Street in Boston seeks a motivated candidate to learn quickly and support Sales and Trading teams in Financing Solutions. In-office presence is required, with exposure to global fronts and collaboration across Operations, Technology, and Finance.

You will participate in monitoring daily processes, managing settlements and financing activities, and delivering client reporting while building strong stakeholder relationships.