Senior Business Development Officer

3 weeks ago


Singapore State Street Corporation Full time
Job Description

This is a senior-level management position within the Hedge Funds Services Business Unit of State Street Alternative Investment Solutions Group. As Senior Business Development Officer - Hedge Funds, you will be responsible for managing departments experiencing significant growth, providing overall direction to teams, and ensuring synchronized teamwork achieves yearly and quarterly financial and operations goals.

Key Responsibilities
  • Develop and execute overall business plans both internally and in partnership with clients.
  • Manage relationships with clients at appropriate levels, ensuring continued confidence in State Street.
  • Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed within the department.
  • Direct and train subordinate managers and staff, addressing employee concerns and sensitivities.
  • Review and approve NAV files in accordance with established policies and procedures.
  • Support and communicate broad overall company initiatives and goals to staff within the span of control.
  • Develop department budgets and staffing projections, completing staffing proposals for newly awarded business.
  • Monitor and approve department expenses.
  • Assess operational effectiveness and make suggestions to streamline functions.
  • Develop ideas for new products and services to expand business opportunities and better meet client needs.
  • Participate in new business processes, including proposal reviews, prospect presentations, staffing allocations, and more.
  • Represent the organization internally and externally as a senior-level executive of State Street.
  • Meet all requirements for the performance planning process, including goal setting, regular and immediate feedback, and submission of formalized performance appraisals.
  • Allocate and coordinate resources, including staff allocation, space, and procurement of necessary equipment.
Requirements
  • University degree in business, mathematics, finance, or economics, with an accounting concentration a plus.
  • At least 7 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience.
  • Experience in the Hedge Funds and Fund of Funds is required.
  • Strong computer skills, especially Microsoft Office, particularly MS Excel.
Estimated Salary: $180,000 - $220,000 per year

The estimated salary range is based on industry standards, location, and experience requirements. This is a senior-level position with a competitive compensation package.

State Street Corporation

State Street Corporation is a leading financial services company that provides a range of products and services to institutional investors, including investment management, custody, and execution services.

About the Role

This is an exciting opportunity to join State Street's Hedge Funds Services Business Unit as a Senior Business Development Officer - Hedge Funds. As a senior-level executive, you will lead high-performing teams and drive business growth, ensuring exceptional client satisfaction and loyalty.



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