Overview
The Vice President, Strategy and Business Development for Wealth Services will report into the Senior Vice President, Strategy and Business Development for Wealth Services. The selected candidate will be responsible for supporting a wide range of strategy and execution activities for the business, including driving strategic and business development initiatives, contributing to strategic and operating planning processes, conducting market and competitive research, identifying strategic partners, and supporting business leaders in executing partnerships.
* Support the growth strategy for a substantial, market-leading offering through driving strategic and business development initiatives.
* Contribute to the strategic and operating planning processes in partnership with business leaders.
* Conduct regular market and competitive research to build a market leading view of the global ecosystem of wealth services providers globally.
* Identify strategic partners and work with enterprise M&A teams to evaluate minority investment and acquisition opportunities.
* Support business leaders in executing strategic partnerships with clients, fintech firms, custodians, data providers, and other third parties.
* Support the head of the department in finalizing contractual arrangements.
* Plan and execute business development initiatives in close collaboration with senior management and product management, including identifying potential targets for acquisition.
* Undertake chief of staff responsibilities for the head of the department, including supporting the administration and delivery of clear goals and metrics (OKRs) for Wealth Services Strategy and business development.
* Develop materials for Quarterly Business Reviews (QBRs) with the Global Head of the business.
* Support Business Intelligence projects, in partnership with teams such as finance and talent.
What we value — Ideal Competencies & Experience
* Proven record of supporting M&A transactions and experience crafting strategic alliances, partnerships, and investments.
* Extensive experience in modelling Pro Forma financials reflecting revenue and cost implications of strategic partnerships being evaluated.
* Exposure to the wealth management servicing industry with proven skill in translating industry and client themes into actionable strategy, partnering effectively with a wide range of internal and external constituents.
* Ability to deliver across complex multi-functional projects.
* A customer orientation to solicit, acquire, and act on information from customers concerning their needs and challenges.
Education & Preferred Qualifications
* Undergraduate degree minimum; graduate degree / MBA preferred.
* 5+ years of related experience, preferably within the Financial Services industry.
* Top-tier investment banking, business development, or corporate development experience preferred, particularly with exposure to Financial Services / FinTech.
* Ability to lead, prioritize and execute on multiple, simultaneous priorities and initiatives with a strong delivery-focused mindset.
* Outstanding verbal and written communications; superb business judgment and ability to think through complex business issues.
* Critical assessment capability with a high bar for excellence in work products.
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 are making our mark on the financial services industry. For more than two centuries, we have helped 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 will have access to flexible Work Program 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 perspective 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 program 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.
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