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State Street

Head of FX and TCA Platforms, Senior Vice President, Onsite

State Street, Boston, Massachusetts, us, 02298


Who we areGlobalLink is State Street’s global suite of market-leading electronic trading platforms providing solutions for market participants designed to increase transparency, improve trading efficiency, and deliver quantifiable execution. Everything we do aims at making sure our clients value every aspect of GlobalLink, from our product and technologies to our ease of doing business and our support.Who we are looking forThe Head of FX and TCA Platforms has global responsibility for the management of the FX Trading and TCA suite of products, including Currenex, FXConnect, TradeNeXus, and BestX. The position holds responsibility for revenue growth, governance & oversight of the product and its employees, numbering 30+ directly (including IT development staff).As a senior leader of the team, the successful incumbent will proxy for the Head of GlobalLink from time to time.The role holder will report directly to the Head of GlobalLink and be a member of the GlobalLink Management Team and possess advanced leadership, management skills such as:Comprehensive knowledge of the institutional foreign exchange marketsDeep understanding of trading technology systems and infrastructureCreative, outcome-driven influencer with the ability to lead a global team of product and account management leads in line with business strategy and financial objectivesDemonstrated track record of developing innovative, technology-led client solutions in financial marketsAbility to continuously educate assigned team on product differentiators, product development efforts, and relevant industry trends, leading to engaging and informative interactions with clients and prospectsActive presence at industry conferences and State Street-led symposiums with a focus on promoting thought leadershipExperience developing and executing on a strategic business plan; imperative that candidate can articulate and differentiate GlobalLink’s value proposition amidst a fiercely competitive industry.Excellent verbal and written communication skillsDue to the role requirements, this job needs to be performed primarily in the office with some flex work opportunities available.What you will be responsible forAs the Head of FX and TCA Platforms, you will be responsible for:Developing and monitoring the business plan and budgets in line with corporate goalsEnsuring that the business has the right resourcesEnsuring that the businesses operate in compliance with internal and external regulations and that escalation procedures are followedConducting periodic business reviews ensuring associated risks are identified and managed and appropriate remedial action is taken where appropriateIdentifying new business opportunities driven out of market, client, and regulatory demand and developing and implementing business plans in line with corporate goalsManaging staff across productsWorking collaboratively with GlobalLink centralized functions, including sales, operations, business risk management, and COO to ensure that business growth objectives are met and the team has the proper controls and procedures in placeWorking across GlobalLink, Global Markets, and State Street to ensure that GlobalLink is maximizing opportunities to provide our solutions to prospective clientsCreating and monitoring annual performance priorities and quantifiable metrics to continually assess performanceCultivating and strengthening talent by ensuring appropriate training to assist them in meeting their core job expectations. Strengthening our talent through increased diversity, mobility, and promotion of employee engagementActive contributions to the decision-making process within the Global Markets EMG.What we valueThese skills will help you succeed in this role:Proven management success within a large highly regulated multinational organizationProven ability to build client relationships with key decision-makers for our solutions including Heads of Businesses, Chief Operating Officers, Treasurers, and Traders at Banks, Asset Managers, and multinational corporationsAbility to communicate feedback from clients and prospects back into the overall organization to improve delivery of solutions and improve the overall client experienceEducation & Preferred QualificationsUndergraduate degree required with preference for advanced degree (MBA, CFA, etc.)Minimum of 10 years experience in a senior management capacityExtensive experience in foreign exchange markets (15+ years)Proven track record of developing/delivering innovative solutions to the marketExemplary communication skills are essential – excellent speaking and writing skillsAbility to build trust and relationships with clients, peers, staff, and support partnersAdditional requirementsThe preferred location for this role is in Boston or London. If the successful candidate is hired in London, they will be required to take on SMF responsibilities.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 fulfill 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 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:$340,000 - $385,000 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.For further information, and to apply, please visit our website via the “Apply” button below.

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