The Senior SPY Strategist will lead our business strategy to grow market share n this market segment for State Street Global Advisors. The role is based in New York, NY or Boston, MA.
The ideal candidate will demonstrate a strategic and team first approach to growing our market share in SPY, working collaboratively across our distribution, marketing, sales research & strategy, capital markets, and product teams. The role will be crucial in bringing together stakeholders to create a cohesive strategic plan, executing on this plan, and reporting on progress or making proactive changes where desired results are not being achieved. The candidate will bring expertise and practical experience in capital markets and derivatives. More specifically, will have deep expertise in the market dynamics that impact why clients and market participants use ETFs versus other derivative instruments.
Qualifications
- The candidate will have experience developing and executing on business strategy related to revenue and / or market share
- Track record of working collaboratively across multiple teams, ideally related to ETFs or derivative markets
- Deep knowledge of derivative and delta one markets, particularly options, futures, and swaps
- Exceptional communication and presentation skills and the ability to clearly articulate complex investment topics
- ETF or derivative sales and / or trading experience preferred; business strategy in this market will also be considered
- Strong understanding of market dynamics impacting derivatives markets and ETFs
- Strong understanding of bank regulatory capital constraints that may impact their ability to hold ETFs vs other instruments
Responsibilities
- The role is based in New York, NY or Boston, MA
- Be responsible for developing a business strategy related to growing market share in select products, working very closely with colleagues in distribution, marketing, sales research & strategy, capital markets, and product to create a cohesive plan, execute on this plan, and report on its progress.
- Be responsible for acting as a subject matter expert for internal stakeholders to support their part in the broader strategy and bring new perspectives and expertise to the business that can help improve or create new thought leadership, client positioning, product enhancements, and more.
- Understand and communicate on market dynamics influencing ETF flows and the actions being taken across the business to grow market share
Education & Preferred Qualifications
- Minimum 10+ years of markets experience
- CFA or CAIA, and/or MBA preferred
- Deep knowledge of derivative and delta one markets, particularly options, futures, and swaps
- ETF or derivative sales and / or trading experience preferred; business strategy in this market will also be considered
- Current securities licenses (Series 7, 63, and 24) preferred or the ability to attain
- Track record of collaboration with intentional mindset to partner and build business outcomes
- Strong organizational, time management, and relationship management skills
- Ability to drive results and operate independently
- Clean compliance and U4 record required
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 Global Advisors
What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world’s governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world’s largest asset managers with trillions of dollars under our care.
Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.
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.
Company: State Street Global Advisors
Salary Range
$120,000 - $202,500 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-758620