Global Head of ESG and Sustainable Investing, Senior Managing Director

Employer
State Street Corporation
Location
Boston, USA
Salary
Competitive
Posted
Mar 03, 2021
Closes
Mar 18, 2021
Ref
10441551
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Global Head of ESG and Sustainable Investing, Senior Managing Director (State Street Global Advisors) At State Street Global Advisors, we believe that investing responsibly enables economic prosperity and social progress. Increasingly, our ability to effectively engage with clients on their most pressing problems entails a comprehensive ability to deliver a suite of ESG related products and services. Over the past several years we have expanded our efforts in this regard by leveraging our stewardship and engagement efforts, developing thought leadership and collateral to educate our clients and their stakeholders, developing proprietary tools and data platforms, integrating ESG broadly into our investment capabilities and developing reporting and ancillary services that help clients assess their progress against desired ESG outcomes. You will have responsibility for developing and driving the firmwide ESG positioning and top-of-the-house point of view. You will head a team of dedicated ESG professionals who are located around the globe and collaborate closely with other senior leaders across the investment team, business lines and functional areas to formulate overall business strategy, ensure coherence of product strategy, marketing and messaging and represent the firm's positions and offerings in this rapidly evolving space. This role is a direct report to the Global Chief Investment Officer. Why this role is important to us: The team you will be joining is a part of State Street Global Advisors, one of the biggest asset managers in the world, that provides services to the world's governments, institutions and financial advisors across the globe. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. Join us if making your mark in the asset management industry from day one is a challenge you are up for.
As Global Head of ESG and Sustainable Investing you will:
  • Develop and drive the firmwide ESG positioning and top-of-the-house point of view
  • Develop and drive firmwide ESG business strategy
  • Manage overall ESG success metrics and P&L in coordination with regional/business leaders (Current ESG AUM $448 billion and $155 million in reveunes)
  • Develop the vision for the team, including being accountable for the overall effectiveness of the team in supporting the business objectives
  • Collaborate closely with Investment and Distribution teams to develop the product strategy, positioning in the marketplace and ESG-related client experience value drivers
  • Define the product roadmap across the franchise, determining which capabilities should be prioritized and in what timeframe
  • Understand and drive team wide understanding of market and industry dynamics, keeping his/her finger on the pulse of what competitors are doing, how the market is shifting and what impact these dynamics should have on product and client engagement strategy both in the short term and long term
  • Drive innovation agenda through broad understanding of investment capabilities, client needs and competitor products
  • Meet with institutional and retail intermediary clients, prospects, and consultants to engage in detailed discussions regarding State Street's ESG heritage, vision for the future and ability to align with their objectives
  • Coordinate with the broader State Street ESG initiative to amplify our collective voice, ensure alignment and advocate for the needs in the asset manager business
  • Develop effective thematic and market-oriented thought leadership that helps clients see us as an essential partner.
What we value
  • This role will be responsible for driving SSGA's ESG strategy and top-of-the-house views. You will need to have a strong ESG presence in the marketplace in key client segments, with a sensitivity to how various client segments and regions are seeking to include ESG in their investment decision-making. This role requires balancing points of view with client, competitive and other stakeholder pressures. Politicization of the issues is a key risk to be managed. You will need to manage business interests with ability to execute. You will also have a high degree of media engagement on the topic; need to carefully construct and articulate defensible points of view
Education & Preferred Qualifications
  • Advanced degree (MBA, PhD or similar) preferred; CFA or other industry accreditation a plus Minimum 15 years experience investment management, preferably with a large global asset manager, asset owner or consulting organization
  • ESG expertise including regulatory and industry initiatives
  • Strong leadership skills and experience managing global teams
  • Understanding of client needs including products and services, as well as other value drivers
  • Strong collaboration skills, willingness to challenge the status quo and drive execution
  • Ability to influence across siloes and motivate key partners
  • Excellent communication skills across all mediums
Additional requirements
Willingness to travel globally approximately 25% of the time Demonstrated success building and managing diverse teams 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

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