The Vice President will report into the Wealth Services Head of Strategy & Partnerships for Custody.

The selected candidate will be responsible for supporting a wide range of strategy and execution activities for the business, including:

• Supporting the growth strategy for a substantial, market-leading Wealth Custody offering by driving strategic and business development initiatives
• Contributing to the strategic and operating planning processes in partnership with business leaders
• Conducting regular market and competitive research to build a market leading view of the global Wealth Custody partnership ecosystem
• Identifying strategic partners and working with enterprise M&A teams to evaluate minority investment and acquisition opportunities
• Collaborate with cross-functional leadership across the business including compliance, risk, and business teams to ensure timely and accurate dissemination of information
• Support the head of the department in finalizing contractual arrangements

• Collaborate and reach alignment across internal business, third party partners, and consultants
• Drive joint and internal governance with internal and external stakeholders. Ensuring active issue management and facilitating required decision making are critical to the role

• Plan and execute business development initiatives in close collaboration with senior management and product management
• Contribute to the strategic and operating planning processes in partnership with business leaders

What We Value

Ideal Competencies & Experience

• Proven record of supporting M&A transactions and transaction experience in crafting strategic alliances, partnerships, and investments
• Exposure to the wealth management servicing industry with proven skillset in translation of industry / client themes and trends into actionable strategy
• Extensive experience in modelling Pro Forma financials reflecting revenue and cost implications of strategic partnerships being evaluated
• Partnering effectively with a wide range of internal and external constituents
• Ability to deliver across complex multi-functional projects
• 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
• Strong strategic and analytical acumen, capable of translating vision into actionable business plans that drives measurable results
• Results-oriented, with an unwavering commitment to delivering client success and performance excellence
• Innovative and forward-thinking, with the ability to anticipate market trends and adapt strategies to maintain a competitive edge

Skills / Qualifications:

• Undergraduate degree minimum and graduate degree / MBA preferred
• 7+ 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 wealth management or wealth custody industry
• Consulting experience is a plus, but not required
• Ability to lead, prioritize and execute on multiple, simultaneous priorities and initiatives
• Strong delivery focused mindset; ability to work on multiple initiatives in parallel, thinking both tactically and strategically
• Outstanding verbal and written communications
• Superb business judgment and ability to think through complex business issues

• Critical assessment capability – ability to maintain a very high bar and deliver excellence in work products

Salary Range:

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.