Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management
Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management

Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management

Full-Time 80000 - 100000 £ / year (est.) No home office possible
State Street

At a Glance

  • Tasks: Lead fixed income product innovation and develop new ETFs and funds for international clients.
  • Company: Join State Street, a global leader in asset management with a commitment to diversity.
  • Benefits: Enjoy competitive pay, flexible work options, and comprehensive health benefits.
  • Other info: Collaborative environment with opportunities for professional growth and community engagement.
  • Why this job: Make a real impact in the finance world while driving innovative investment solutions.
  • Qualifications: 10+ years in product development with strong knowledge of the ETF industry.

The predicted salary is between 80000 - 100000 £ per year.

The role will be a leading member of the International Product Innovation team driving fixed income product innovation across ETFs, Funds and strategies. The Fixed Income Lead will drive the development and range management of SSIM's EMEA ETFs & Funds for International (ex US) including the research, design and build of new active and index ETFs & Funds across SSIM's range of investment capabilities.

The International Product team is a part of SSIM's Global Product Innovation team which is part of the Chief Business Office (CBO), supporting the Client Coverage Group and Global Investment team to research, design and deliver innovative products and solutions to SSIM's clients across asset classes and investment styles, including sustainable investing. The Fixed Income Lead will collaborate with colleagues in the Global investment teams, portfolio strategists, sales specialists, client/consultant facing teams, Capital Markets, and the broader Global Innovation Product team to drive our ETF & Funds agenda.

What we need you to do:

  • Design, develop and deliver new EMEA-domiciled ETFs & Funds to support SSIM Institutional and Intermediary clients and prospects and to support overall strategy and business priorities.
  • Develop, support and execute on SSIM's product roadmap and provide insights to the global product roadmap, including in relation to public and private assets.
  • Drive product strategy, develop business cases, design product features and co-ordinate launches.
  • Work cross-functionally to develop and position the firm's EMEA product range.
  • Analyse market research and understand the competitive marketplace to identify market trends and potential new product opportunities.
  • Understand the needs of SSIM's institutional and intermediary clients and prospects, the opportunities in the market and how best to respond to both of these with SSIM's investment capabilities.
  • Manage the full product lifecycle of the existing range of funds; analyse - and where appropriate adjust - pricing, positioning and operating models to ensure they remain market-leading products; merge or close products if needed.
  • Build strong relationships and collaborate effectively with the Global Product Innovation team, key internal and external business partners.
  • Contribute to and produce key management reports, in support of a strong governance process and to ensure accountability for the Product Innovation team.

Job Requirements:

  • 10+ years of experience within product development, design, or as a product strategist/investment strategist with demonstrable track record of delivering successful outcomes, preferably with a good knowledge of the ETF industry.
  • In-depth knowledge of Fixed Income product landscape and investment strategies both index and active strategies across public and private assets.
  • Strong knowledge of the regulatory environment, MiFID, UCITS, AIFMD, BMR and SFDR and client demand.
  • Experience and knowledge across the elements of the product development process: research, strategy, structuring, launch co-ordination and product lifecycle management.
  • Ability and experience in managing a team (both direct and indirect).
  • Stakeholders Management to lead Fixed Income Innovation Forum and complex projects with stakeholders across multiple teams and geographies.
  • Strong capabilities in researching and analysing market trends and intelligence to support product strategy and design including experience in using third party databases and tools.
  • Ability to problem solve and identify/analyse issues, escalate, find viable alternatives and recommend solutions.
  • Highly effective relationship-building with strong collaborative skills across all levels and teams within a global business.
  • Ability to be persuasive and articulate in presenting complex ideas and issues to teams across the business in a clear and succinct way, including presentations to the Funds' Product Committees and Boards.
  • Excellent communication and teamwork skills.
  • Advanced skills in Bloomberg, Morningstar, Microsoft Excel and PowerPoint and AI.

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 Investment Management

As the asset management arm of State Street Corporation, State Street Investment Management 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 Investment Management 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 Investment Management

About State Street: Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

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.

Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management employer: State Street

State Street Investment Management is an exceptional employer that prioritises inclusivity and employee growth, offering a dynamic work environment in the heart of the financial sector. With competitive benefits, flexible work programs, and a commitment to professional development, employees are empowered to thrive while contributing to innovative investment solutions. The company's strong focus on diversity and community engagement further enhances its appeal, making it a rewarding place for those seeking meaningful careers in finance.
State Street

Contact Detail:

State Street Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events, webinars, or even casual meet-ups. The more people you know, the better your chances of landing that Fixed Income Product Innovation Lead role.

✨Tip Number 2

Show off your expertise! Prepare a portfolio or presentation that highlights your past successes in product development and innovation. When you get the chance to chat with hiring managers, make sure to showcase how your experience aligns with their needs.

✨Tip Number 3

Stay updated on market trends! Keep an eye on the latest developments in fixed income products and ETFs. Being knowledgeable about current market dynamics will help you stand out during interviews and discussions.

✨Tip Number 4

Apply through our website! We love seeing candidates who take the initiative. Make sure to submit your application directly on State Street's careers page to ensure it gets the attention it deserves.

We think you need these skills to ace Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management

Product Development
Fixed Income Knowledge
ETF Industry Knowledge
Market Research and Analysis
Regulatory Knowledge (MiFID, UCITS, AIFMD, BMR, SFDR)
Stakeholder Management
Team Management
Product Lifecycle Management
Business Case Development
Relationship Building
Communication Skills
Presentation Skills
Advanced Excel Skills
Bloomberg Proficiency
PowerPoint Proficiency

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Fixed Income Product Innovation Lead role. Highlight your relevant experience in product development and fixed income strategies, and don’t forget to showcase any successful outcomes you've achieved in previous roles.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with State Street's mission. Be sure to mention your understanding of the ETF industry and your innovative ideas for product development.

Showcase Your Teamwork Skills: Collaboration is key in this role, so make sure to highlight your teamwork skills in your application. Share examples of how you've worked cross-functionally in the past and how you’ve built strong relationships with colleagues and stakeholders.

Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to the right team. Plus, it shows you’re serious about joining us at State Street!

How to prepare for a job interview at State Street

✨Know Your Fixed Income Stuff

Make sure you brush up on your knowledge of fixed income products, especially ETFs and funds. Be ready to discuss the latest trends in the market and how they relate to State Street's offerings. This will show that you're not just familiar with the basics but also engaged with current developments.

✨Showcase Your Collaborative Spirit

Since this role involves working cross-functionally, be prepared to share examples of how you've successfully collaborated with different teams in the past. Highlight your relationship-building skills and how you've navigated complex projects with multiple stakeholders.

✨Demonstrate Your Analytical Skills

You’ll need to analyse market research and identify trends, so come equipped with examples of how you've used data to drive product strategy in previous roles. Discuss any tools or databases you’ve used, like Bloomberg or Morningstar, to support your insights.

✨Be Ready for Problem-Solving Scenarios

Expect to face some hypothetical scenarios during the interview. Prepare to discuss how you would approach problem-solving in product development or lifecycle management. Think about challenges you've faced and how you found viable solutions, as this will demonstrate your critical thinking abilities.

Fixed Income Product Innovation Lead, Vice President II, State Street Investment Management
State Street

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