About The Position

The Financing Solutions Chief Administrative Officer (CAO), Vice President will play a critical role in shaping, enabling, and executing the strategic vision of the Financing Solutions business. Partnering closely with the Financing Solutions leadership team, this role brings a strategic mindset, strong business judgement, and the ability to translate vision and complexity into clear, compelling insights for senior leadership and key governance forums. This role requires a highly effective operator who can manage multiple priorities, influence senior stakeholders and serve as a central conduit of information flow and decision-making across State Street Markets. This role has a dual reporting line to the Head of Business Management for the Trading Businesses (based in Boston) who oversees CAO functions globally for State Street Markets and the Global Head of Financing Solutions (based in Jersey City). The team you will be joining is a part of State Street Markets (Markets). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to Markets business unit. As our investment research and trading arm, Markets number one goal is to enhance and preserve our clients’ portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world. Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

Requirements

  • Ability to translate strategy, vision, and complex datasets into impactful executive-level presentation
  • Strong analytical background with keen inclination to solve problems.
  • Comfort operating in a fast-paced, evolving environment with the ability to pivot and adapt.
  • Excellent written and verbal communications skills.
  • Proven ability to manage multiple, time-sensitive priorities without compromising the quality of work
  • Highly proactive, self-directed, and comfortable operating with limited guidance on complex and/or sensitive matters
  • Business acumen with the ability to anticipate stakeholder questions and sense check facts
  • Intellectual curiosity and ability to quickly self-learn topics to provide context and insight
  • 10+ years of experience in a CAO, COO or Business Management role within State Street or across the banking industry / capital markets industry
  • Experience in Securities Finance or familiarity with the businesses
  • Bachelor’s degree required, preference in finance, accounting or related field.
  • Highly skilled in PowerPoint and other prominent Microsoft offerings.

Responsibilities

  • Partner with the Financing Solutions leadership team to drive execution of business strategy, operating plans and transformation initiatives.
  • Support annual planning processes for headcount, technology investment, legal and marketing spend and ongoing investment governance.
  • Track strategic initiatives and ensure timely delivery, transparency, and accountability
  • Own and drive leadership governance, including weekly leadership meetings, business reviews, offsites, and ad hoc strategic meetings.
  • Create high quality executive and board-level materials for senior management, committees and governance forums, synthesizing complex information for audience consumption
  • Act as a thought partner to senior leaders, anticipating questions and shaping decision-ready narratives
  • Coordinate client engagement planning for the Financing Solutions leadership team
  • Oversee global client and industry events for the Financing Solutions business.
  • Provide strategic support to global staff engagement, communications and culture initiatives
  • Lead productivity, process improvement and change initiatives that span the business and broader firm.
  • Oversee the Financing Solutions Real Estate footprint.

Benefits

  • 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.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

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