Relationship Manager, VP

Employer
State Street Corporation
Location
Quincy, USA
Salary
Competitive
Posted
Oct 22, 2020
Closes
Nov 04, 2020
Ref
8754120
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Relationship Manager will be responsible for ensuring that assigned clients are completely satisfied with State Street's services. Responsibilities include generating new business (including cross-selling services), maintaining extensive client contact including establishing relationships with client senior level management, consulting with client and internal groups on new products, services, and industry insights, providing project leadership for fund/product start-up/conversions, and ensuring all service areas within the company deliver the best possible service in the industry.
Why this role is important to us
The team you will be joining is a part of State Street IS (Institutional Services). SSIS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS' tools help our clients make better investment choices and act on growth opportunities.
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 Relationship Manager you will
  • Responsible for the management of client accounts ranging from small to complex
  • Responsible for strategic day to day management and the maintenance of successful long term relationships of assigned accounts
  • Ensures superior client satisfaction by acting as an advocate for clients and ensuring client issues are resolved. Proactive identification of client needs, and potential internal issues impacting client satisfaction
  • Establishes senior level relationships with assigned clients. Keeps senior management informed of new developments, service issues, and new business opportunities
  • Responsible for client retention and revenue expansion through existing services and cross sell. Creates barriers to exit through providing strategic value-added services
  • Works with Sector Sales to identify and develop new business opportunities
  • Represents the firm at industry events
  • Develops fee strategies and presents fee proposals for sign-off. Negotiates fees and contracts with clients, and ensures fee schedules are properly implemented
  • Acts as a liaison between client and business units to ensure successful implementation. Manages internal and client expectations
  • During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
  • Other duties as assigned
What we value
These skills will help you succeed in this role
  • At least 8 years of related experience, preferably in US Asset Owner industry
  • Superior skill levels in relationship management, along with excellent verbal and written communication and presentation skills
  • Must possess strong leadership and management skills
Education & Preferred Qualifications
  • BS/BA degree required. MBA, CFA desirable
Additional requirements
  • Knowledge of computer systems, financial operations and/or investment and related industries a plus
  • Ability to travel
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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program 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 perspective 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 the 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 program 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