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Full-Time

Head of US Retirement

State Street Global Advisors, SVP

Posted on 9/25/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$225k - $337.5kAnnually

Senior, Expert

Boston, MA, USA

Flexible Work Programs available.

Category
Asset Management
Finance & Banking
Required Skills
Communications
Data Analysis
Requirements
  • Proven track record of successfully leading innovation initiatives and driving organizational change in a complex and dynamic environment.
  • Strong strategic mindset with the ability to translate vision into actionable strategies and initiatives.
  • Excellent leadership and people management skill, with a demonstrated ability to inspire and motivate teams towards achieving common goals.
  • Demonstrated ability to collaborate effectively across teams and business leaders.
  • Exceptional communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels of the organization.
  • Strong analytical and problem solving skills, with the ability to leverage data and insights to inform decision making.
  • Demonstrate a strong track record to drive commercial success through the development of appropriate investment solutions for clients.
Responsibilities
  • Develop and execute the strategic vision for the US retirement DB and DC plans, through deep understanding of industry trends, regulatory changes, and competitive dynamics to anticipate challenges and opportunities in the market.
  • Utilize data and analytics to assess the viability and potential impact of initiatives, guiding investments decisions and resource allocations.
  • Responsible for leading and managing a Defined Contribution and Defined Benefits team with a coaching and motivational leadership style that develops a culture of high performance for continued talent development and succession.
  • Build close partnerships with key internal stakeholders to engage and influence business decisions regarding US Retirement business.
  • Work closely with investment teams and distribution teams to ensure the delivery of high quality competitive investment solutions.
  • Cultivate and maintain strategic partnerships with industry leaders to enhance SSGA's position in the market.
  • Partner with the distribution and portfolio management teams to advise clients on new strategies aimed at enhancing retirement portfolio characteristics.
  • Take ownership to be a key player in driving innovation initiative that support SSGA growth ambitions.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
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.
INACTIVE