Full-Time

Asset Owner Business Development

Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$100k - $167.5kAnnually

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Role will be in Boston or may be based in another location in some cases.

Category
Business Development
Business & Strategy
Required Skills
Sales
Requirements
  • BA/BS degree
  • At least 5 years of successful sales experience
  • Deep financial services background and experience
  • Willingness to travel regularly
  • Ability to generate new business through prospecting
  • Ability to gain access and interact with C-level executives
Responsibilities
  • Meet and exceed revenue goals
  • Conduct business research on prospects / opportunities
  • Become familiar with State Street’s technology and related product offerings
  • “Sell the Firm”: Candidate will be responsible for learning / selling State Street’s products / services across asset owners
  • Perform product demonstrations and presentations
  • Represent State Street at relevant industry events and conferences
  • Provide regular and accurate reporting back to the Head of Sales
  • Candidate will work closely with operations, legal, risk and relationship management to align opportunities with corporate requirements
  • Network across State Street to uncover other relationships / services that enhance prospecting opportunities
  • Candidate will understand, monitor, and communicate competitor activity throughout the market, identifying key strengths and weaknesses
  • Candidate will provide feedback to State Street’s Corporate Marketing team on product positioning, marketing materials, and industry trends

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing aligns with State Street's diversity commitment.
  • Digital assets offer new growth opportunities for State Street's custody services.
  • Expansion of passive investing boosts market share for State Street Global Advisors.

What critics are saying

  • Intense competition from BlackRock and Vanguard may impact State Street's growth.
  • Regulatory scrutiny on ESG practices could affect State Street's operations.
  • Geopolitical tensions in expansion regions may disrupt State Street's strategic plans.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to diversity and inclusion in financial services.
  • State Street leverages advanced data analytics to enhance investment management services.

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