Head of Corporate Strategy, Senior Vice President, Boston
Who We Are Looking For
The Head of Corporate Strategy is responsible for driving the Strategic Planning Process for State Street and developing an integrated firm-wide strategy. The role will be responsible for overseeing the enterprise’s strategic choices, including assessing where and how State Street should develop new avenues for growth, examining what State Street must do to compete and win, and supporting State Street’s top leaders in strategic decision making around the corporate portfolio.
This is a great opportunity to lead a high-impact team. Senior management includes many alumni from top management consulting firms and leading industry players. The team has a strong track-record of people development that has resulted in migrations from Corporate Strategy to leadership roles across the firm. In addition this role has direct exposure to State Street’s senior management, Executive Committee, CEO and the Board as a strategic advisor. The role reports into the Global Head of Strategy and Corporate Development for State Street.
Why this role is important to us
The Corporate Strategy team plays an important role in State Street’s overall success. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen, the Corporate Strategy team is at the center of setting the firm-wide strategic direction and evaluating some of the organization’s most critical strategic questions. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What You Will Be Responsible For
As Head of Corporate Strategy you will
- Drive Strategic Planning: Drive firm-wide Strategic Planning process to integrate corporate and growth objectives, business unit and functional strategies into an integrated firm-wide strategy; support and facilitate Executive Committee offsites and the annual Board Strategy Offsite
- Assess corporate portfolio: Design and drive execution framework to assess strategic progress against 3-year plan; facilitate resource allocation across the organization and identify new areas and concentrated bets where State Street should compete and win
- Provide strategic leadership across enterprise: Provide leadership oversight on select cross-enterprise/business unit/function strategies, and support select inorganic transactions
- Act as strategic counselor: Be a proactive counselor to senior Executive Committee members, EVPs and SVPs on strategic and corporate portfolio issues and influence State Street’s overall trajectory
- Lead and develop a team: Attract, coach, and develop a high-performing team and develop a collaborative and challenging team environment; the strategy team is a conduit of talent into State Street
What We Value
These skills will help you succeed in this role
- Ability to work effectively at all levels of an organization with proven experience developing and maintaining relationships with multiple stakeholders including senior c-suite executives, team members, and managers to drive successful completion of the work
- Excellent critical-thinking skills with ability to structure and solve complex business problems
- Ability to clearly articulate ideas, both written and oral, to internal and external audiences
- Strong work-ethic with ability to multi-task in a fast-paced environment under tight deadlines
Education & Preferred Qualifications
- Completed degree, preferably with a financial or business discipline (MBA, CFA, or equivalent experience)
- Significant management consulting and corporate strategy leadership experience
- 10+ years of work experience with top-tier strategy consulting experience preferred
- Significant exposure to Financial Services and banking, with exposure to asset management, asset servicing, data and analytics, capital markets preferred
- Proven ability to recruit, coach, develop, and promote high-performing individuals
- Strong experience in shaping organization’s strategy and making decisive bets to advance the strategy
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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.
Salary Range
$225,000 - $337,500 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.
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.
State Street's Speak Up Line
Job ID: R-759311
