Global Head of Secured Financing, Senior Vice President

Global Head of Secured Financing, Senior Vice PresidentWho we are looking forState Street Secured Financing is a core business unit within State Street Global Markets (“SSGM”). Acting in a principal capacity, Secured Financing provides secured investment and financing solutions, primarily through repurchase agreement (repo) trading services as well as through secured fund financing facilities. These structures provide a scalable offering that services a broad range of buy-side clients.Secured Financing is a global program, predominantly driven by the FICC sponsored member repo platform that allows clients to borrow or invest cash through the US Treasury repo market, but is also expanding globally to other CCPs as well as alternative intermediation structures that facilitate peer-to-peer execution. Secured financing facilities provide various custody clients access to committed leverage, financed via our agency lending business. Secured Financing has been an evolving business for over seven years, has a global client base, continues to experience exponential growth, and is currently one of the fastest growing products within State Street.SSGM seeks a dynamic executive to lead the Secured Financing organization globally. This role involves leading a team of professionals, responsibility for financial budgets, developing strategic plans, and fostering client relationships to drive sustained business growth. This individual will report directly to the Head of Financing Solutions, work closely with the SSGM senior leadership team and work collaboratively with cross-business and cross-organizational support functions (e.g., Treasury, Risk, Institutional Services, Segments/Sales, Marketing, Legal, Compliance).Why this role is important to usThe team you will be joining is a part of State Street Global Markets (SSGM). When owners and managers of institutional assets need research, trading, securities lending, and innovative portfolio strategies, they turn to SSGM business unit. As our investment research and trading arm, SSGM’s 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.What you will be responsible forAs Head of Secured Financing, Senior Vice President, you will develop and drive the execution of the Secured Financing strategy, generating alpha for clients while achieving revenue, expense, and return on capital targets:Be responsible for a material global revenue / NII budgetLead, mentor, and manage a high caliber growing team across North America, EMEA, and APACFoster a performance culture that encourages innovation and collaborationDevelop and implement strategic plans, including identification of new business opportunitiesWork closely with other senior executives to execute strategy, product and geographic expansion efforts, and scalable technology and operating model solutionsDevelop strategic relationships with key client contacts and ensure State Street is viewed as an integral, long-term partnerDeliver highly valued solutions to clients, ensuring comprehensive and consistent delivery of services as their needs evolveMonitor market trends and competitor activities to stay ahead in the industryDevelop financial budgets and drive global execution against clearly defined revenue, expense, and NIBT metrics and milestonesCreate a risk culture that ensures compliance with applicable regulatory provisions, internal and external audit reviews, and overall risk controlsProvide regular updates and reports to senior management on the division’s performanceRepresent State Street in key industry forums relating to repo, clearing, and securities financeWhat we valueThe Head of Secured Financing requires senior leadership experience and advanced skills in areas such as:Demonstrated ability to achieve strategic business, financial performance, and exemplary client satisfaction resultsDifferentiating State Street’s brand and value proposition amidst a highly competitive industry and peer groupCreative, outcome-driven influencer with demonstrated leadership and exceptional talent development capabilitiesProven skillset in translation of global industry/client themes and trends into actionable strategy, partnering effectively with a wide range of internal and external constituentsComprehensive knowledge of market dynamics and regulatory landscapeAbility to lead, prioritize and execute on multiple, simultaneous priorities and initiativesExcellent verbal and written communication skillsSuperior problem-solving, analytical, and technical skillsExperience working in fast-paced, front-office financial markets environmentA risk-excellence mindset, awareness and alignment with internal and regulatory policies and procedures with a focus on platform resiliencyEducation & Preferred Qualifications15+ years’ experience in Repo Financing, Securities Finance, or related fieldAbout State StreetWhat 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 AnnualThe 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

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