Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation
Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation

Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation

London Full-Time 72000 - 108000 Β£ / year (est.) No home office possible
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State Street Corporation

At a Glance

  • Tasks: Lead the development of innovative distribution strategies and digital wealth platforms.
  • Company: State Street is a global leader in asset management and financial services.
  • Benefits: Enjoy competitive benefits, flexible work options, and extensive development programmes.
  • Why this job: Join a dynamic team shaping the future of investment management with a focus on innovation and client engagement.
  • Qualifications: 15+ years in sales, with 7 years in leadership roles within investment management.
  • Other info: Be part of a culture that values continuous improvement and accountability.

The predicted salary is between 72000 - 108000 Β£ per year.

As the asset management industry continues to undergo significant changes this role is designed to ensure that State Street Investment Management (\”State Street IM\”) adapts its distribution strategy to meet the needs of a broader range of potential clients with a focus on meeting the evolving needs of investor demographics, staying abreast of technological advancements and responding to market dynamics What you will be responsible for: Development and Leadership of New Distribution Function within State Street IM Lead the development of State Street IM\’s Digital Wealth Channel: With the projected growth of the digital wealth market you will develop and oversee State Street IM\’s digital wealth platforms to build market share, enhance client engagement and improve accessibility Develop and execute the Direct Retail strategy for State Street IM by implementing strategies to engage directly with retail investors expanding State Street IM\’s client base beyond its traditional institutional and intermediated segments. Create and manage and ETF-as-service platform to enable third party organisations to leverage State Street IM\’s ETF infrastructure and continuing to build State Street IM\’s leadership in this expanding market. Identify and establish partnerships outside the traditional intermediary and institutional segments to include fintech collaborations and alternative distribution networks. Support the development & articulation of strategic plans and translate this strategy into actionable plans Identify opportunities in new markets or market segments to grow the business Build on State Street IM leadership position to provide differentiated solutions to investors Build relationships with sales teams to best support their prospecting and client relationship management needs, ensuring effectiveness in the field and communicating results to senior leadership Lead strategic planning for growth initiatives, competitive intelligence and business projects Facilitate shared understanding of the Next Gen distribution strategy and priorities across key stakeholders Governance and risk excellence Ensure robust governance and compliance with contractual, statutory and regulatory obligations Act as the senior in-region escalation point for client issues, and for regulatory and other matters across the business that impact the client coverage function Provide leadership to governance committees sharing expertise, insights and ensuring cross functional participation Ensure a control environment that supports a compliance and risk culture Organisational leadership Lead collaboration across State Street Bank divisions to promote the franchise and create a strong outcome for our clients Identify opportunities to partner with Institutional Services and Global Markets divisions to develop and deliver \”One State Street\” solutions to clients Attend executive meetings to ensure the highest level of connectivity and contribute to the tactical priorities of the business Lead initiatives designed to maintain State Street IM and State Street organisational culture, fiduciary mindset and improve employee experience Foster a culture of speaking up when there is an issue and group accountability Promote a culture of continuous improvement What we value: Executive presence to lead, inspire and motivate across different cultures and functional teams A combination of focus and flexibility – this role is both highly strategic and facilitative Talent to build, motivate and coach high-performing sales teams Ability to build executive-level client relationships, including C-suite engagement, that result in mutually beneficial partnerships Strong technical ability and investment acumen Successful experience setting, measuring, meeting and exceeding sales targets Ability to lead, prioritise and execute simultaneous projects and initiatives Ability to use data and metrics to set and drive strategic objectives Excellent interpersonal, problem-solving and influencing skills Proven ability to form and cultivate positive relationships with clients and internal colleagues Ability to thrive in a highly regulated environment that demands full compliance with policies and procedures Additional requirements: Minimum of 15 years of experience selling to and/or servicing institutions 7 years of meaningful sales leadership experience, including success positioning active strategies and exceeding growth targets Experience in an Investment Management organisation, ideally with knowledge in sales management practices Experience in dealing with institutional and intermediaries business in Europe Existing industry profile and relationships that can accelerate the success of sales initiatives Track record of building complex solutions with and for clients, including active and multi-asset class strategies 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. Equal Opportunity Employer. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. State Street is an equal opportunity and affirmative action employer.

Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation employer: State Street Corporation

State Street Corporation is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration. With a strong commitment to employee growth, we provide comprehensive benefits, flexible work programs, and extensive development opportunities to help you thrive in your career. Join us in our London office, where you will be part of a forward-thinking team dedicated to shaping the future of asset management and making a meaningful impact in the financial services industry.
State Street Corporation

Contact Detail:

State Street Corporation Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation

✨Tip Number 1

Network strategically within the investment management industry. Attend industry conferences, webinars, and events where you can meet key players in asset management and distribution. Building relationships with professionals in this space can provide valuable insights and potentially lead to referrals.

✨Tip Number 2

Stay updated on the latest trends in digital wealth management and fintech collaborations. Familiarise yourself with emerging technologies and platforms that are shaping the future of asset distribution. This knowledge will not only enhance your conversations but also demonstrate your commitment to innovation in the field.

✨Tip Number 3

Develop a strong understanding of State Street's existing products and services. Being well-versed in their offerings will allow you to articulate how you can contribute to their growth and adapt their distribution strategy effectively. Tailor your discussions to highlight how your experience aligns with their goals.

✨Tip Number 4

Prepare to discuss your leadership style and how you motivate high-performing teams. Given the emphasis on building and coaching sales teams, be ready to share specific examples of how you've successfully led teams in the past, particularly in achieving sales targets and fostering a culture of accountability.

We think you need these skills to ace Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation

Strategic Planning
Sales Leadership
Client Relationship Management
Digital Wealth Management
Market Analysis
Partnership Development
Investment Acumen
Data-Driven Decision Making
Regulatory Compliance
Interpersonal Skills
Problem-Solving
Team Building and Coaching
Project Management
Cross-Functional Collaboration
Executive Communication

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in asset management, sales leadership, and client relationship management. Use specific examples that demonstrate your ability to lead teams and exceed sales targets.

Craft a Compelling Cover Letter: In your cover letter, express your understanding of the evolving asset management landscape and how your skills align with State Street IM's goals. Mention your experience with digital wealth platforms and your strategic vision for engaging retail investors.

Showcase Leadership Skills: Emphasise your executive presence and ability to motivate diverse teams. Provide examples of how you've successfully led initiatives that fostered collaboration and improved employee experience in previous roles.

Highlight Technical Acumen: Demonstrate your strong technical ability and investment acumen by discussing your familiarity with data-driven decision-making and how you've used metrics to drive strategic objectives in past positions.

How to prepare for a job interview at State Street Corporation

✨Understand the Role's Strategic Importance

Make sure you grasp how the Global Head of Next Generation Distribution role fits into State Street IM's overall strategy. Be prepared to discuss how your experience aligns with their goals, especially in developing digital wealth channels and direct retail strategies.

✨Showcase Your Leadership Skills

This position requires strong leadership capabilities. Prepare examples from your past where you've successfully led teams or initiatives, particularly in sales management or client relationship building, to demonstrate your ability to inspire and motivate others.

✨Highlight Your Technical Acumen

Given the focus on technological advancements, be ready to discuss your familiarity with investment management technologies and how you've leveraged data to drive strategic objectives. This will show that you can adapt to the evolving landscape of asset management.

✨Prepare for Cultural Fit Questions

State Street values a strong organisational culture. Think about how you can contribute to their culture of continuous improvement and accountability. Be ready to share experiences that reflect your commitment to fostering a positive work environment.

Global Head of Next Generation Distribution - State Street Investment Management, EVP - State Street Corporation
State Street Corporation
Location: London
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