What are the responsibilities and job description for the Business Strategy and Planning, VP position at State Street?
Why this role is important to us
Strategic Investments and Partnerships, within State Street’s Corporate Advisory Services is responsible for identifying, developing and managing strategic partnerships, joint ventures and minority investments for State Street Corporation, as well as advising the Company on opportunities and challenges created by disruptive technologies and other innovation that may impact State Street or its clients. The Strategic Investments function is focused on developing new avenues for growth for State Street by identifying strategic partnerships that drive commercial value, add new capabilities, and provide economic benefit to State Street. The team you will be joining plays an active role in setting the strategy for State Street. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
Who We Are Looking For
Vice President, Strategic Investments supports the execution of projects using quantitative and qualitative analyses such as strategic evaluation, financial modeling, detailed valuation, capital analysis and target due diligence. The position affords the candidate with an opportunity to make a difference and lasting impact on State Street's overall success while working within a dynamic, collaborative and high-performing team executing challenging work. The small team size and high level of activity requires the candidate to take on significant project responsibilities from initiation to close.
What You Will Be Responsible For
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.
Discover more at StateStreet.com/careers
Salary Range:
$110,000 - $188,750 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.
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.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
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.
Job ID: R-786491
Strategic Investments and Partnerships, within State Street’s Corporate Advisory Services is responsible for identifying, developing and managing strategic partnerships, joint ventures and minority investments for State Street Corporation, as well as advising the Company on opportunities and challenges created by disruptive technologies and other innovation that may impact State Street or its clients. The Strategic Investments function is focused on developing new avenues for growth for State Street by identifying strategic partnerships that drive commercial value, add new capabilities, and provide economic benefit to State Street. The team you will be joining plays an active role in setting the strategy for State Street. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
Who We Are Looking For
Vice President, Strategic Investments supports the execution of projects using quantitative and qualitative analyses such as strategic evaluation, financial modeling, detailed valuation, capital analysis and target due diligence. The position affords the candidate with an opportunity to make a difference and lasting impact on State Street's overall success while working within a dynamic, collaborative and high-performing team executing challenging work. The small team size and high level of activity requires the candidate to take on significant project responsibilities from initiation to close.
What You Will Be Responsible For
- Analyze potential strategic investment transactions, other strategic initiatives and ad hoc projects to support senior leadership in making key decisions
- Construct detailed financial models and valuation analysis
- Drive all aspects of due diligence, including coordinating with commercial partners to identify and quantify sources of financial opportunities and risk
- Perform market research and competitive analysis
- Draft investment presentations and recommendations for all stages of the deal process (from sourcing to integration)
- Monitor and intercede, as necessary, portfolio company performance and progress against internal commercial outcomes
- Develop and produce quarterly portfolio review for senior management
- 8 years of experience of working with strategic investments at a Fortune 1000 company, a top tier investment bank or private equity / venture capital firm
- Financial institutions experience is a plus
- Bachelor’s degree
- Self-starter with superior analytical and quantitative skills
- Track record of excellence (vis-a-vis peer group) in prior endeavors
- Demonstrated ability to work well on small teams
- Highly motivated with high attention to detail and sense of urgency
- Ability to effectively communicate with individuals on all levels of the organization
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.
Discover more at StateStreet.com/careers
Salary Range:
$110,000 - $188,750 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.
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.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
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.
Job ID: R-786491
Salary : $110,000 - $188,750