Network Management VP - Sub-Custody
Network Management VP - Sub-Custody

Network Management VP - Sub-Custody

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
S

At a Glance

  • Tasks: Lead the Network Management team, engaging with banks and clients across EMEA.
  • Company: Join State Street, a global leader in custodian banking and asset management.
  • Benefits: Enjoy flexible work options, competitive medical care, and comprehensive development programmes.
  • Why this job: Be part of a dynamic team that shapes investment solutions and drives client success.
  • Qualifications: 7-10 years in finance or related fields; knowledge of global custody and securities markets preferred.
  • Other info: Diversity and inclusion are core values; we welcome candidates from all backgrounds.

The predicted salary is between 43200 - 72000 £ per year.

The Vice President of the Network Management team will primarily be responsible for working with subcustodian banks, central securities depositories and top tier and strategic clients in the EMEA region. As a member of the Network Management team, you are responsible for oversight of our network of third party sub custodians and cash correspondent service providers in EMEA and the successful delivery of services onward to State Street's global client base. Respond to client inquiries on impacted markets, performing ongoing due diligence on network of providers and provide support to the strategic direction of the bank. The ability to facilitate complex problem resolution across the bank is a must. Serve as an escalation point for external and internal clients.

Why this role is important to us: The team you will be joining is a part of the Network Management team in Product Development. Network Management provides asset owners and managers access to over 100 markets they need to deliver effective investment solutions. From core custody services to market information, we help our clients make better investment choices and act on growth opportunities.

What you will be responsible for:

  • Directly interact with subcustodian banks and central securities depositories in EMEA on a daily basis providing internal and external support.
  • Respond to inquiries and service requests from internal and external clients.
  • Identify opportunities for process improvement and service enhancements.
  • Develop strong relationships with our network of providers.
  • Develop a strong understanding of clients' workflows and create tailored solutions that increase efficiency and reduce risk.
  • Support the publication of market information to a broader client base.
  • Act as an escalation point for client and internal service teams.
  • Present global services capabilities and discuss international custody topics with clients and prospects through various industry forums and during on-site client sales meetings and due diligence reviews by existing clients.

What we value: These skills will help you succeed in this role:

  • Strong oral and written communication with effective team building skills to be competent in communicating and presenting issues to clients, management, business units and other interdependent groups.
  • Ability to influence and motivate staff across locations in order to resolve client issues.
  • Problem solving skills, negotiation, root cause analysis, risk management and escalation.
  • Ability to recognize, manage and mitigate risk.
  • Work closely with internal and external clients to foster a global operating environment and owner's mindset.

Education & Preferred Qualifications:

  • BS/BA degree in Business, Finance, or Accounting preferred but not essential.
  • 7-10 years of relevant experience.
  • Working knowledge of the global custody industry and in-depth knowledge of securities markets.
  • T2S experience essential.

About State Street: 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. Discover more at StateStreet.com/careers.

Network Management VP - Sub-Custody employer: State Street Corporation

State Street is an exceptional employer that prioritises employee growth and well-being, offering a competitive benefits package that includes generous medical care, insurance, and flexible work programmes tailored to individual needs. The inclusive work culture fosters diversity and encourages personal development through extensive educational support, ensuring that every team member can thrive while contributing to meaningful financial services in the EMEA region.
S

Contact Detail:

State Street Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Network Management VP - Sub-Custody

✨Tip Number 1

Familiarise yourself with the key players in the EMEA sub-custody market. Understanding the major subcustodian banks and central securities depositories will help you engage more effectively during interviews and demonstrate your industry knowledge.

✨Tip Number 2

Network with professionals in the global custody industry. Attend relevant industry forums or webinars to connect with potential colleagues and learn about current trends, which can give you an edge in discussions during the interview process.

✨Tip Number 3

Prepare to discuss specific examples of how you've improved processes or resolved complex issues in previous roles. This will showcase your problem-solving skills and ability to manage risk, which are crucial for the Vice President position.

✨Tip Number 4

Research State Street's values and recent initiatives related to diversity and inclusion. Being able to articulate how your personal values align with theirs can make a strong impression and demonstrate your commitment to their corporate culture.

We think you need these skills to ace Network Management VP - Sub-Custody

Strong Oral and Written Communication
Team Building Skills
Client Relationship Management
Problem Solving Skills
Negotiation Skills
Root Cause Analysis
Risk Management
Escalation Management
Process Improvement
Market Knowledge in EMEA Region
Understanding of Securities Markets
T2S Experience
Ability to Influence and Motivate Staff
Adaptability in a Global Operating Environment

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in network management, particularly with subcustodian banks and securities markets. Use specific examples that demonstrate your problem-solving skills and ability to manage client relationships.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, especially your experience in EMEA markets and your understanding of the global custody industry.

Showcase Communication Skills: Since strong communication is key for this role, provide examples in your application that showcase your written and oral communication skills. Mention any experience you have in presenting to clients or stakeholders.

Highlight Problem-Solving Abilities: Demonstrate your problem-solving capabilities by including specific instances where you've successfully resolved complex issues in previous roles. This will show your potential employer that you can handle the challenges of the position.

How to prepare for a job interview at State Street Corporation

✨Understand the Network Management Landscape

Familiarise yourself with the key players in the EMEA region, including subcustodian banks and central securities depositories. Being able to discuss their roles and how they interact with State Street will demonstrate your industry knowledge.

✨Showcase Problem-Solving Skills

Prepare examples of complex problems you've resolved in previous roles. Highlight your negotiation skills and ability to manage risk, as these are crucial for the Vice President position.

✨Communicate Effectively

Practice articulating your thoughts clearly and concisely. Strong oral and written communication skills are essential, so be ready to present your ideas and solutions confidently during the interview.

✨Demonstrate Relationship-Building Abilities

Be prepared to discuss how you've developed strong relationships with clients and stakeholders in the past. This role requires collaboration across various teams, so showcasing your interpersonal skills will be beneficial.

Network Management VP - Sub-Custody
State Street Corporation
S
  • Network Management VP - Sub-Custody

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-06-21

  • S

    State Street Corporation

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>