We are seeking a Head of US Defined Benefit (DB) Investment Strategy to lead a newly created team with primary responsibility to increase State Street's US Defined Benefit market share.
As an integral part of State Street's US Retirement Team within the Chief Business Officer (CBO), the Head of US DB Investment Strategy will work collaboratively across SSGA to ensure a superior product offering and client support model. Specifically, working in partnership with State Street's Client Coverage Group (CCG) and Investment organization, you will drive adoption of State Street investment solutions within DB plans and related transactions (e.g. OCIO, PRT).
You will lead a team of investment strategists as a player-coach and use your investment, sales, and entrepreneurial skills to create analysis highlighting the value of our offerings, targeted messaging and sales ideas, and supporting materials for our existing client base. In addition to supporting the sales process, the Investment Strategist plays a key role in improving upon and expanding our DB investment offerings through ongoing product innovation conducted in partnership with our investment teams and broader Chief Business Officer organization.
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The role is based in Boston, MA. Remote candidates in XXX will also be considered.
As Head of US Defined Benefit Investment Strategy, you will:
- Define, drive and lead the strategy to grow our US Defined Benefit market share
- Serve as internal and external DB expert on State Street's DB capabilities and broad DB issues (e.g. public vs. corporate, public policy, etc.)
- Work closely with CCG to engage with Defined Benefit clients, and their consultants, on product needs, investment topics and asset allocation ideas to drive solution-oriented approach to delivering SSGA investment capabilities.
- Demonstrate deep understanding of Defined Benefit client needs and providing appropriate education and support into CCG who own the Defined Benefit client and consultant relationships.
- Partner closely with Investment Teams to develop innovative investment offerings for the DB market and position existing investment capabilities in a DB plan context
- Partner with Marketing to generate thought-provoking investment content in the Defined Benefit market
- Keep abreast of industry, market and company trends, and partner with business leaders to understand key concerns and opportunities for each line of business; tailor analysis and synthesis around these topics
- Ability to collaborate for success and across all relevant stakeholder groups internally and externally to collaborate for market share growth in this client segment.
Education & Qualifications:
- Minimum 12 years of financial services experience.
- Experience of working with Defined Benefit plans at a global asset manager or institutional consultant are advantageous
- Published author of a blog, white-paper, article, media appearances or other investment content available to the Defined Benefit investment community
- Available for travel regionally and globally as required
- Knowledge of Defined Benefit market, investment product use cases and applicability in Defined Benefit portfolios, as well as strong track record of demonstrated ability to engage at senior level on portfolio construction topics with investors.
- Critical understanding of macroeconomics, financial theory and empirical research
- Excellent communications skills to present sophisticated solutions to client
- Ability to work efficiently with and influence internal and external partners
- Positive attitude with a strong team orientation, and is enthusiastic to educate team members and clients, whilst developing and nurturing talent based in other geographical locations.
- High level of integrity and professionalism
"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.
Company: State Street Global Advisors"
Salary Range:
$135,000 - $210,000 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.