At a Glance
- Tasks: Lead the EMEA Wealth Services market, focusing on strategy and relationship management.
- Company: State Street is a global leader in investment servicing and asset management.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
- Why this job: Make a significant impact in a competitive industry while working with top executives.
- Qualifications: 15+ years of experience, including leadership roles and strong strategic skills required.
- Other info: Join a team dedicated to innovation and excellence in financial services.
The predicted salary is between 72000 - 108000 £ per year.
State Street’s Wealth Services business unit is seeking a dynamic executive to serve as the Head of EMEA. This role will be pivotal in developing the market for core Wealth Services in EMEA, including Relationship Management, Governance, and Product Management. The Head of EMEA for Wealth Services will work extensively on formulating and executing market entry plans, relationship management and closely coordinating on various initiatives with Global Product Leads.
Why this role is important to us
State Street Wealth Services seeks to enable wealth advisors and their investment managers to achieve better outcomes for their clients and themselves, thereby enabling revenue growth across all areas of State Street. The Head of EMEA for Wealth Services will work on developing and scaling the market within Europe and Middle East. Join us if making your mark in an ever-changing, increasingly complex and competitive industry is a challenge you are up for.
What you will be responsible for
The Head of EMEA for Wealth Services is pivotal for developing the market, with full accountability for the following:
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Establish and execute the initial phase of a substantial, market-leading business
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Develop market entry plan, and associated execution for EMEA working closely with other Wealth Services global product groups
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Engage with c-suites of client organizations in EMEA
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Define and execute business plan for European and Middle Eastern Wealth Services and manage to the P&L, through sales, client relationships, and product strategy
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Understand and manage through regulatory aspects specific to local geographies
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Developing relationships with European and Middle Eastern client executives to gain understanding of client strategy and wealth services alignment to achieving their strategy
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Identify and foster strategic partners for European and Middle Eastern clients for Wealth Platform and Services, in close coordination with other leaders
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Maintaining frequent communication and collaboration with internal sales and client account teams
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Work closely with global product teams to ensure product development is tailored to local requirements, 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
State Street’s Speak Up Line
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Comprehensive knowledge of market dynamics and regulatory landscape of wealth management market landscape within EMEA
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Track record of managing and deploying investments in key areas to foster business growth
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Responsibility for running a business with P&L implications
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Experience in collaborating across the enterprise to deliver business results
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Track record of successfully developing and executing Go-To-Market strategy
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Strong executive presence and ability to lead and collaborate cross-functionally
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Demonstrated ability to develop, grow, and operate greenfield market opportunities
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Proven skillset in translation of industry / client themes and trends into actionable strategy, partnering effectively with a wide range of internal and external constituents
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A customer orientation which allows him/her to solicit, acquire, and act on information from customers concerning their current and future needs, issues, and challenges, * Undergraduate degree minimum and graduate degree preferred
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15+ years of related experience including 10+ years as part of a global leadership team
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Proven experience successfully recruiting and building world class teams
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Ability to make tough decisions, to change and adapt quickly, while remaining focused on customers and executing business initiatives
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Experience managing a large portfolio of clients and building senior level relationships
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Ability to lead, prioritize and execute on multiple, simultaneous priorities and initiatives
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Strong management background; ability to work both tactically and strategically
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A strong leadership profile coupled with outstanding verbal and written communications.
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Superb business judgment and ability to think through complex business issues.
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Critical assessment capability -ability to maintain a very high bar and drive excellence in work products, services, hiring, etc.
Head of EMEA for Wealth Services, SVP employer: State Street
Contact Detail:
State Street Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of EMEA for Wealth Services, SVP
✨Tip Number 1
Network extensively within the wealth management sector, especially in EMEA. Attend industry conferences and events to connect with key players and decision-makers who can provide insights and potentially support your application.
✨Tip Number 2
Research State Street's current initiatives and strategic goals in the Wealth Services sector. Understanding their market entry plans and product strategies will help you align your experience and vision with their objectives during discussions.
✨Tip Number 3
Demonstrate your understanding of the regulatory landscape in EMEA by staying updated on recent changes and trends. This knowledge will be crucial in conversations with State Street and will showcase your expertise in navigating complex environments.
✨Tip Number 4
Prepare to discuss your experience in building and leading high-performing teams. Highlight specific examples where you've successfully recruited talent and fostered collaboration across different functions, as this is essential for the Head of EMEA role.
We think you need these skills to ace Head of EMEA for Wealth Services, SVP
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in wealth services, relationship management, and market development. Emphasize your leadership roles and any experience with P&L responsibilities.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the wealth management industry and outline how your background aligns with the responsibilities of the Head of EMEA for Wealth Services. Mention specific achievements that demonstrate your ability to develop market strategies.
Showcase Your Executive Presence: Since this role requires strong executive presence, ensure that your application reflects your ability to lead and collaborate across functions. Use examples from your past experiences where you successfully managed teams or projects.
Highlight Regulatory Knowledge: Given the importance of understanding regulatory aspects in the EMEA region, include any relevant experience you have in navigating regulatory landscapes. This will show your preparedness for the challenges of the role.
How to prepare for a job interview at State Street
✨Showcase Your Strategic Vision
As the Head of EMEA for Wealth Services, you'll need to demonstrate a clear understanding of market dynamics and your strategic vision for growth. Prepare to discuss specific examples of how you've successfully developed and executed market entry plans in the past.
✨Engage with Executive Presence
This role requires strong executive presence and the ability to engage with C-suite executives. Practice articulating your thoughts clearly and confidently, and be ready to discuss how you've built and maintained senior-level relationships in previous roles.
✨Highlight Regulatory Knowledge
Understanding the regulatory landscape is crucial for this position. Be prepared to discuss your experience navigating regulatory challenges in the wealth management sector, particularly within the EMEA region.
✨Demonstrate Cross-Functional Collaboration
The ability to collaborate across various teams is essential. Share examples of how you've worked with global product teams or other departments to achieve business results, emphasizing your role in fostering communication and teamwork.