Managing Director - GCF Head of Business Management

The Global Credit Finance team oversees a portfolio of 10 different products with over $104B of notional commitments. Its 150+ member team operates in the US, EMEA and APAC with offices in Boston, Irvine, London, Munich, Gdansk, Luxembourg, and Bangalore.

Global Credit Finance’s mission is twofold: to attract and retain clients of State Street through the use of the firm’s balance sheet; and to add income and diversification to the company’s portfolio of on and off-balance sheet investments.  Our products include Private Markets – Subscription Finance, Private Credit, Real Money Funds-Liquidity and Leverage, CLOs, Municipal Finance, Commercial Real Estate, Leveraged Loans, Corporates, and Stable Value Wrap.

Who we are looking for

Reporting to the co-heads of the division, this position will facilitate the division’s execution of high priority and critical initiatives to achieve annual business goals and drive organizational effectiveness.  The Head of Business Enablement will lead key activities for the business including project management, data governance, budgeting, headcount prioritization, establishing OKRs, performance tracking, supporting execution of strategy, communications, marketing, employee engagement, resource management, client coordination, and general business oversight.  The role also leads the Division’s Executive Management Group.

What you will be responsible for

• Align the organization through effective communications, including key messaging to internal business partners and fostering the One State Street mindset
• Support strategic direction and drive accountability with clear goals, objectives and metrics
• Organize and prioritize critical issues and information for the division executives to facilitate efficient decision making
• Develop and maintain effective core management reporting, dashboards and analysis tools
• Lead business planning sessions, budgeting, and division leadership meetings, including the Executive Management Group, Town Halls
• Manage internal relationships with GCF business partners and other stakeholders
• Provide oversight, guidance and management on projects and cross-function initiatives, offering both clear direction and mentorship to management teams
• Manage a cross-functional team that supports overall division objectives and initiatives, including project management and sales enablement / marketing across all products
• Establish and lead Data Governance team
• Liaise with bank-wide Talent Leadership Councils
• Manage headcount prioritization
• Enhance employee engagement and team performance

What we value

These skills will help you succeed in this role

• Ability to effectively communicate with senior management, including C-suite executives
• Ability to clearly articulate ideas to internal and external audiences
• Strong analytical, business partnership and influencing skills
• Solid background in Project Management and strategic planning
• Proven experience of executing initiatives on time with the desired outcome
• Strong working knowledge of credit products and the financial services industry; Credit/Lending experience is a plus
• Experience establishing project governance and operating KPIs
• Experience setting meaningful and relevant agendas for senior leaders, staff meetings and offsites
• Internally motivated to seek out answers, generate ideas, and develop new skills
• Creative and willing to challenge current paradigms
• Positive, proactive and solutions-focused mindset
• Self-motivated professional with the ability to work under pressure, handle multiple priorities, lead team efforts and meet aggressive deadlines and goals
• Demonstrated ability to effectively partner with senior level staff, middle management and support divisions as required

Education & Preferred Qualifications

• Undergraduate degree required with a strong preference for advanced degrees
• Minimum of 10 plus years of experience in roles including Project Management, Business Management, IT, Risk, Controls, etc.
• Proven track record of engagement and execution with senior executive leadership

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 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