Purpose of Role:
State Street Global Markets is seeking an experienced product specialist in Germany, to serve as lead client services and relationship manager for mandates papered with SSBI GMBH for its Currency Management offering.
The role's primarily focus is on managing, servicing and growing existing client relationships. This includes account setup and onboarding activities as well as supporting client change and growth.
The role will also encompass new business development and sales efforts in continental Europe with the support of product SME's globally.
As the Product Specialist role combines responsibilities ranging from account management and onboarding, operational set-up, client servicing, relationship management and business development. We expect the successful candidate to be involved in all steps of the accounts and client life cycle.
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State Street Global Markets is an industry-leading currency manager, servicing some of the largest institutional investors globally. Using state-of-the-art technology and scaled trading platforms across a vast range of customer types and base currencies, we deliver hedging services that minimize operational risk and simultaneously reduce tracking error and transaction costs, together with the highest level of transparency.
Role specifics
The Currency Management team's hubs exist in Frankfurt, Boston, London and Sydney. The European-based Product Specialist will be responsible for servicing the European client base, featuring predominately the large mutual / managed funds segment and asset owners.
Additionally, the Product Specialist will be responsible for representing the business to local senior management. The role will have a material onboarding, operational, and account management component coupled with business development and relationship management responsibilities.
Role Summary/Description:
- Carry out day to day account management activities such as: account set-up, onboard, new fund launches and project management
- Engage with senior management locally in the EMEA region, representing the broader Currency Management business and the operations taking place globally.
- Provide day to day support to clients in the region, addressing queries, managing change, and resolving time critical issues.
- Manage and develop client relationships. Provide clients with professional support on solutions design and any changes to product offering. Organize and lead periodic account reviews.
- Assist with EU Currency Management business development and product strategy efforts with a focus on market analysis and strategic business opportunities for continental Europe.
- Promote the Currency Management and other Portfolio Solutions products
- Be fully conversant of Risk Excellence. Operate in compliance with internal and external regulations and make sure that escalation procedures are adhered to at all times.
PERSON SPECIFICATION
Level of Education/ Specific Qualifications:
- Graduate Degree. MSC or Equivalent in Baking/Finance a plus.
- Fluent English a must, plus one European language
Skills and Experience -
- The successful candidate should have 10+ years' experience in a financial services or buy-side organization
- Deep understanding of Fund Accounting /Custody/ Transfer agency operations
- Deep understanding of FX, derivatives and other securities markets
Required Competencies -
- Attention to detail and time management are a must.
- Ability to work under pressure
- Excellent written and verbal communication skills
- Motivated, self-starter
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
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
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.
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