Head of Global Markets Product Strategy & Business Management, Senior Vice President

Who we are looking for:

State Street Markets is looking for a dynamic and experienced global manager to oversee all aspects of the groups trading, trading platforms and research businesses. Reporting directly to the head of Markets, Head of Global Markets Product Strategy & Business Management will be a key contributor to strengthen business oversight and strategy.

Head of Global Markets Product Strategy & Business Management is responsible for daily support of the organization and its businesses to execute against strategic and tactical initiatives. The role serves as a central point of contact for business management across the group and the organization overall.

Why this role is important to us:

State Street Global Markets is a large organization with over 1,700 people across 12 plus locations globally spanning five businesses and generating approximately $2 billion in revenue. The group has multiple business strategies and a wide array of initiatives underway at any point in time. A disciplined and thoughtful approach to product development, resource management, project management and change management are the building blocks for an effective execution strategy. This position will play a key leadership role ensuring that the group has strong product innovation, sound strategy and even better execution.  

Join us if making your mark in the capital markets industry is a challenge you are up for.

Key tenets of role:

• Coordinate all product development and product management across Global Markets to ensure the products are best of breed, innovative and fit well together across all businesses.
• Drive innovation and new product development across all products lines working closely with sales leads to focus on innovations that solve clients’ workflow, liquidity, and research needs.
• Work closely with the corporate strategy team on inorganic opportunities which can accelerate product development and drive growth.
• Act as representative / proxy for the head of Global Markets as necessary on regional and global committees.
• Lead execution strategy framework as well as key objectives while engaging in business unit to align business strategy with the overall enterprise.

• Oversee the CAO function in Global Markets,  which support tactical and strategic efforts across multiple areas, risk, business strategy, transformation, cross functional initiatives and presentation materials.

• Oversight of the product management functions across Global Markets responsible for managing a portfolio of initiatives and allocating resources to ensure effective execution of new initiatives.
• Manage the performance analytics functions which produces key business metrics including revenue attribution, client metrics, benchmarking, and business forecasting across Global Markets.
• Responsible for monitoring key business metric and results working closely with the business heads in Global Markets to ensure key objectives are meet in regard to sales and client analytics in conjunction with the business development team.
• Manage the business IT demand process ensuring that IT resources are properly prioritized across initiatives to maximize ROI.
• Partner with Business Risk Management (BRM) and business heads to ensure a strong risk and control culture is instilled across the group globally.
• Be the central point of contact for all enterprise-wide initiatives at State Street.
• Work closely with the business heads and corporate strategy groups to foster a culture of innovation in Global Markets.

What we value

This role requires executive leadership, presence and advanced managerial skills including:

• Demonstrated ability to effectively partner with senior level staff, middle management, and support teams across the bank to as required to drive execution.
• Effective engagement collaborating with senior management across the organization to drive Global Markets’ strategic initiatives forward.
• Results-focused individual with persistence and patience necessary to work effectively with a variety of internal and external constituents to drive results.
• Demonstrated analysis and problem-solving skills to help transform the organization.
• Ability to create executive and board level materials, synthesizing and summarizing complicated content.
• Ability to lead, prioritize and execute against multiple priorities and initiatives simultaneously.
• Experience pivoting a global organizational structure around shifting strategic priorities or industry opportunities.
• Comfortable working independently
• Deep knowledge and understanding of capital markets businesses and products.
• Excellent verbal and written communication skills

Education & Preferred Qualifications

• Undergraduate degree and MBA preferred.

• Minimum of 15-20 years of capital markets experience preferred.

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:

$225,000 - $337,500 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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