Chief of Staff - State Street Alpha, Managing Director
Who we are looking for
State Street's Alpha business unit is seeking an experienced Chief of Staff (CoS) to drive organizational effectiveness globally. You will build a deep understanding of Alpha products, services and business models, play a key role in driving strategic initiatives, and deliver on strategic goals in an evolving organization. This includes setting strategic direction through defining our multi-year plan and operating plan; driving accountability with clear goals, objectives, and metrics; driving results by executing key initiatives and delivering strategic insights; aligning the organization through effective communications; and ensuring the business unit is run effectively.
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Why this role is important to us
State Street AlphaSM is the industry's first front-to-back platform that powers better outcomes at every point on the investment lifecycle. It harmonizes data, technology, and services across trusted providers to help our clients better manage their businesses. The Alpha Chief of Staff (CoS) supports the entire Alpha business globally, with a primary focus on supporting the Head of Alpha (who is a direct report of the State Street CEO and also a member of State Street's Executive Committee) and his team. The CoS will report into the Chief Commercial Officer of Alpha, and will also manage a dedicated team.
This role is of critical importance to successful business management and execution. 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 Alpha Chief of Staff (CoS) is responsible for managing a wide range of strategy and execution activities for the business, including:
• Facilitating annual strategic planning for building multi-year plan (3-year view) and operating plan (next-year view)
• Establishing clear goals and metrics (OKRs - Objectives and Key Results) for Alpha and overseeing their delivery
• Identifying and governing investments needed to grow Alpha and related hiring needs
• Identifying, prioritizing and quarterbacking range of strategic initiatives
• Leading materials for Quarterly Business Reviews (QBRs) with State Street's CEO, and for meetings with State Street's Executive Committee, State Street's Board of Directors, Investor Relations / Shareholders, Client Advisory Board and other groups
• Managing a team to oversee ongoing development and enhancement of Business Intelligence to facilitate executive decision making
• Managing Alpha staff meetings, including agenda, materials and follow-ups
• Driving budget management (w Finance); Managing employee performance and compensation planning processes (w HR); Leading Employee communications
• Implementing best practices, policies, and cross-Alpha initiatives aimed at creating organizational efficiency, effectiveness, and improved client experience
• Partnering with Corporate Groups and BU representatives to implement corporate-wide initiatives, policies and systems
What we value
These skills will help you succeed in this role
• Strong critical thinking, problem solving, and decision making skills
• Willingness to jump into challenging situations or problems and drive to solutions
• Exceptional organizational skills and ability to simultaneously manage a wide range of on-demand, planned, and periodic activities
• Highly collaborative work style and ability to work well with the various Alpha leaders whose styles are quite disparate
• Executive presentation preparation, creation, or editing for executive audiences and verbal communication skills
• Strong people leadership skills and mature presence
• Grace under pressure and consistency in managing to deadlines
• Ability to identify options, manage trade-offs and lead the organization to the best possible recommendation and outcome
• Negotiation skills, such as for managing relationships with multiple management layers
• Strong business and financial acumen, and comfort with software and services businesses
• Strong execution management skills for delivery of programs and initiatives
• Ability to collaborate and work across multiple stakeholders
• Familiarity with fintech, asset servicing and/or asset management a plus
Education & Preferred Qualifications
• Undergraduate degree minimum and graduate degree preferred
• 8-15+ years of related experience including 5-10+ years as part of a global leadership team
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.
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
Salary Range:
$170,000 - $267,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.