Global Head of Financing Solutions , Executive Vice President Who we are looking for State Street is looking for a dynamic and experienced Global Head of Financing Solutions to lead our Agency Lending, Prime Services and Secured (Repo) Financing for State Street Global Markets (SSGM). The ideal leader will possess in depth knowledge of agency lending program, the repo markets and prime services platforms as well as experience navigating the complexities of the markets. In addition, the Global Head of Financing solutions must possess top notch leadership capabilities with the ability to form strong relationships with team, clients and internal stakeholders. 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 business unit. 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 Global Head of Financing Solutions, Executive Vice President you will
- Be responsible for a global revenue budget in excess of $1B.
- Possess a proven skillset in the translation of industry / client themes and trends into actionable strategy, partnering effectively with a wide range of internal and external constituents
- Execute on key priorities against clearly defined financial and return on balance sheet and capital metrics and milestones
- Ensure State Street delivers world class products as measured by market share, client satisfaction scores and various industry rankings
- Work closely with other senior leaders across both Global Markets and the broader Bank to execute business unit initiatives, product and geographic expansion efforts, and a scalable technology and operating model solution
- Develop trusted relationships with key client contacts (and consultants) to ensure State Street is viewed as an integral, long-term partner
- Dynamically foster a culture encouraging innovation and collaboration, especially between headquarters (Boston) and all regional offices, ensuring a truly global organization.
- Represent (and distinguish) State Street in key industry forums and publications
- Create a risk and compliance culture that ensures adherence with applicable regulatory provisions, internal and external audit reviews, and overall risk controls
- Develop and socialize thought leadership and brand awareness via tactical and strategic marketing plan
- Be an accomplished leader developing, motivating and retaining a diverse high caliber team.
What we value The Head of Financing Solutions requires executive leadership, presence and advanced managerial skills including:
- Exemplary track record of delivering sustained product and revenue growth with direct p/l ownership and accountability
- Differentiate State Street's brand and value proposition amidst a highly competitive industry and peer group.
- Ability to lead, prioritize and execute on multiple, simultaneous priorities and initiatives
- Exceptional talent development capabilities with accomplished track record of leading a global team
- Demonstrated track record of instilling a performance culture
- Comprehensive knowledge of market dynamics and regulatory landscape
- Extensive experience interfacing with global regulators on business performance, risk management, capital and emerging industry trends
- Current or recent experience serving on industry related Board of Directors
- Experience calibrating a global organizational structure around shifting strategic priorities or industry opportunities.
- Experience integrating strategic acquisitions
- Excellent verbal and written communication skills
Education & Preferred Qualifications â?¢ MBA, CFA or similar strongly preferred â?¢ Minimum of 15-20 years of Financial Services/Prime Brokerage experience, preferably with extensive Securities Lending /Prime Brokerage/Repo experience
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.
Salary Range: $300,000 - $412,500 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. #J-18808-Ljbffr