Full-Time

Chief Investment Officer for Global Fixed Income Solutions

Gfis, Evp, State Street Global Advisors

Posted on 11/21/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Compensation Overview

$300k - $412.5kAnnually

Senior, Expert

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 1 more

More locations: London, UK

This position is based in either Boston or London.

Category
Investment Banking
Finance & Banking
Requirements
  • 15+ years’ experience in investment leadership managing a similar business line with a heavy emphasis on fixed income capabilities, factor/quantitative processes and/or operationally enabled portfolio construction and management
  • Advanced degree in Business or Finance and/or CFA designation preferred
  • Deep knowledge of investing value chain, from research and idea generation to portfolio management, trading, trade settlement and ongoing servicing and reporting.
  • Experience operating in a dynamic environment while managing various stakeholder needs and overall business risk factors
  • Experience leading businesses through transformational change
  • Attentive to detail with an ability to look critically at a problem and proposed solutions
  • Ability to build, manage, develop and motivate a high-functioning, diverse team to deliver results
  • Ability to influence colleagues to support business goals
  • Strong commercial mindset and ability to breakdown barriers to achieve financial goals
  • Positive attitude, strong work ethic, ability to execute independently yet also maintain strong team orientation
Responsibilities
  • Develop and drive the vision for the GFIS team, including assessing which capabilities to prioritize, developing the narrative for the team and engaging with key stakeholders and clients
  • Work collaboratively with client-facing and product leaders to develop and drive product strategy to scale the business
  • Manage overall GFIS success metrics (tracking error, operating losses) and P&L in coordination with regional/business leaders (Current AUM $1.1 trillion and annual revenue of over $500 million)
  • Understand and drive team wide understanding of market and industry dynamics, keeping his/her finger on the pulse of what competitors are doing, how the market is shifting and what impact these dynamics should have on product and client engagement strategy both in the short term and long term
  • Drive innovation agenda through broad understanding of investment capabilities, client needs and competitor products
  • Act as key Investment Team interface with significant partners, joint ventures and other external parties critical to the development of industry-leading capabilities
  • Meet with institutional and retail intermediary clients, prospects, and consultants to engage in detailed discussions regarding State Street's Fixed Income heritage, vision for the future and ability to align with their objectives
  • Champion critical investment team business initiatives, including leveraging global footprint, technology and harmonized operating procedures more fully
  • Foster intellectual curiosity about macroeconomic and investment topics that are relevant to our global client base
  • Support mobility and high performance culture as we transform the business

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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