Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges through solutions, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged professionals are essential to our success.
For nearly four decades State Street Global Advisors has been committed to helping our clients and those who rely on them achieve financial security. We partner with many of the world’s largest most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous investment process spanning both indexing and active disciplines. With trillions in assets our scale and global reach offer clients unique access to markets geographies and asset classes and enable us to deliver both thoughtful insights and creative solutions. SSGA is the investment management arm of State Street Corporation. For further information please visit ssga.com.
Our commitment to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.
Key Responsibilities
This Boston or London-based position will be a senior member of the Investment organization, reporting directly to the Global CIO, will work closely with the other asset class CIOs and business Heads and will collaborate closely with senior leaders in the Client Coverage Group and Chief Business Officer teams as well as with the primary support functions, including operations, technology, compliance, legal and risk. Your role will include:
- 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
Value Drivers
The successful team leader should possess high-end interpersonal skills, strong written and verbal communication capabilities, and deep expertise across a range of investment disciplines, with a focus on fixed income related solutions. In addition, the team leader should show real passion for investment management, intellectual curiosity and strong teaming skills.
The GFIS team will fulfill its function effectively by
- Executing on mandates and delivering exceptional outcomes for clients across a range of index and active fixed income strategies
- Engaging with key clients and their advisors on new research, developments, techniques and strategies to achieve the preferred risk/return profile
- Taking overall accountability for the end-to-end set of activities required to deliver a set of investment capabilities that are relevant to our client and market strategy
- Working closely with technology, legal, compliance, risk and other business partners to drive operational efficiency and effectiveness programs
- Staying abreast of industry trends and competitive dynamics to identify emerging threats and opportunities
Qualifications:
- 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
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 Global Advisors
What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world’s governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world’s largest asset managers with trillions of dollars under our care.
Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.
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.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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