Full-Time

Product Specialist

Investment Risk & Analytics, VP

Posted on 11/18/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Compensation Overview

$110k - $185kAnnually

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Ability to travel for client meetings, industry events or to other State Street locations up to 20 - 25% of the time.

Category
Product Management
Product
Required Skills
Data Analysis
Requirements
  • Strong communication and presentation skills, with a demonstrated ability to develop relationships inside and outside of an organization
  • Strong investment and analytical background
  • Ability to conduct effective meetings with clients and prospects and engage in needs identification conversations
  • Ability to create compelling demonstrations that display our value proposition
  • Ability to travel for client meetings, industry events or to other State Street locations up to 20 - 25% of the time
  • MBA, CFA or CIPM preferred
  • 6+ years of related experience (consulting, investment analytics, solution sales & implementation)
Responsibilities
  • Understand the marketplace for competitive positioning and drive innovation through new product exploration.
  • Drive new business process including deal pricing, RFP responses, presentations, and develop sales materials to drive revenue growth.
  • Actively participate in speaking engagements at industry events, promoting our brand through thought leadership.
  • Act as subject matter expert with respect to the product suite and remain close to the customer segment through client interaction to assure satisfaction and relevance of the product to customers evolving needs.
  • Develop key global relationships, both internally and externally, to continue advancement of our product suite.
  • Collaborate with sales, client relationship, and finance during the sales process to deliver high quality and compelling client proposals in order to win new business mandates.
  • Communication of product strategy, including market requirements and opportunities to both internal and external audiences.
  • Engage and partner with all strategic clients sharing industry best practices, staying abreast of client service delivery and satisfaction while understanding if there are opportunities to expand services.
  • Participate in internal sales and product development working groups.

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 innovation and leadership, particularly in promoting gender diversity and inclusion within the workplace. The goal of State Street is to provide high-quality financial services while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-10%

2 year growth

-10%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

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