Boston, Massachusetts, USA
10 days ago
State Street Global Advisors - Head of Performance & Analytics, Managing Director

State Street Global Advisors manages over $4 Trillion in AUM globally across a full spectrum of asset classes and investment styles. Accurate and timely performance and analytics data is key for our Investment team, our clients and for internal governance.

The SSGA Head of Performance & Analytics is responsible for all performance lifecycle activities including the following key responsibilities:

Own performance & analytics policies and standards – and ensure these are correctly applied in performance lifecycle activities.Ownership of performance lifecycle activities – which includes performance returns calculations, attribution and explanation of results and deviations.SSGA has outsourced certain activities to Global Delivery – Performance Management Group (“PMG”). This position is responsible for management and oversight of outsourced activities to agreed service levels (a core outsourced activity is the production of monthly performance and attribution reports). This position is responsible for setting service standards, ensuring performance is calculated with approved methodologies and in accordance with defined service levels, acting as an escalation point to resolve issues, and seeking ways to make constant improvements.Set and execute the strategy for the function – including IT roadmap in the context of our broader Middle Office IT strategy. Ensure we have the capabilities to meet the evolving and increasingly complex demands of our investment teams and clients.Drive establishment of SSGA Performance & Analytics team through centralization of responsibilities and transition of analysis work from Investment teams.Act as visible owner and leader for Performance & Analytics within SSGA – including for the Investment team which are a key user of performance data.Manage the SSGA retained Performance & Analytics team – a team of professionals  responsible for delivering support and services that allow Portfolio Managers to focus on their core responsibilities. These services include performance explanation used in client reporting, investigation and resolution of unexplained breaks and internal reporting required for governance. The team will also have responsibility for custom attribution until we are confident it can be provided by our service provider.As Data Owner for performance data, understand consumer data requirements across the organization and drive execution of improvements to deliver “trusted data” across the organization.Lead domain engagement on key firmwide transversal initiatives – such as the deployment of our new “NextGen” client reporting system.Oversight application of GIPS performance standards; and reporting.

The position sits within the SSGA COO organization, reporting to the Global Head of Strategic Partner Oversight.
 

The successful candidate will be able to demonstrate:

Partnership: the ability to partner effectively and constructively to deliver results. The successful candidate will need to work with all major functional team within SSGA and with our outsourced service provider.Stakeholder Management: understand the needs of our various stakeholders, develop strong relationships, effective communications and deliver services that fully meet their requirements. Strategic Execution: the ability to set and execute a strategic plan for the function that will result in tangible service improvements while positioning us to support our evolving complex business needs.Leadership: strong, visible leadership that will reinforce the purpose and value of the SSGA retained Performance and Analytics team.Technical skills: strong domain knowledge is required. There will be times where the successful candidate will need to “roll-up their sleeves” to resolve unexplained variances or attribution questions.

The ideal candidate will have relevant experience and track record of success including:

Strong experience in the financial services industry for +12-15 years. Deep experience in performance and analytics, as well as a good understanding of the broader Middle Office ecosystem.BA/ BS or equivalent degree, preferably with a financial or business discipline; completion of CFA is a plusAbility to multi-task, prioritize and manage expectations in a fast paced, complex environmentExcellent problem solving and analytical skillsExcellent verbal and written communication skillsThe ability to work independentlyThe ability to manage a team creating an environment of cohesion and engagementStrong ability to motivate, mentor and engage high performing teamsStrong active listening skills, highly collaborative, and transparentA risk-excellence leader.

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:

$160,000 - $250,000 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.

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.

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