North America Head of Securities Lending, Prime Services, Managing Director
Who we are looking for
Why this role is important to us
What you will be responsible for
As North America Head of Securities Lending, Prime Services , you will:
- Set and execute the strategic vision for State Street's North American securities finance trading business, driving growth, profitability, and market leadership while helping shape the future direction of the broader Prime Services platform.
- Lead, develop, and inspire a team of traders across Boston and Jersey City, fostering a culture of accountability, collaboration, innovation, and excellence while mentoring and developing the next generation of trading talent.
- Evaluate and enhance trading processes, workflows, technology, and operating models to improve scalability, efficiency, risk management, and client outcomes.
- Serve as a senior trading representative for the franchise, building and maintaining executive-level relationships with hedge funds, asset managers, agent lenders, broker-dealers, and other key market participants.
- Partner with clients to understand their financing and securities borrowing needs, delivering differentiated solutions that deepen relationships and drive business growth across the Prime Services platform.
- Drive trading and financial performance through effective inventory optimization, financing strategy, risk management, and execution across the securities finance business.
- Identify emerging market trends, competitive dynamics, and strategic opportunities, translating market intelligence into actionable initiatives that strengthen the franchise's competitive position and support continued innovation.
- Collaborate closely with Sales, Client Management, Product Development, Technology, Operations, Risk, Compliance, and Treasury teams to deliver a best-in-class client experience while advancing the firm's broader financing and synthetic prime capabilities.
- Act as a trusted advisor to senior management, providing thought leadership, market insight, and strategic recommendations on securities finance, market structure, and industry developments.
What we value
These skills will help you succeed in this role
- Superior problem solving, analytical, and technical skills
- Experience working in fast-paced, front-office financial markets environment; deeply engaged and comfortable with the markets and trading
- Outstanding communication (written and oral) and interpersonal skills; ability to interact professionally with business leaders and technical teams alike
- Extremely flexible with a "do anything mentality"; creative and willing to challenge current paradigms
Education & Preferred Qualifications
- 10+ years of experience in securities finance, stock loan, prime brokerage, or related financing markets, with a demonstrated track record of commercial success and revenue growth.
- Significant leadership experience building, developing, and managing high-performing trading teams and organizations.
- Deep relationships across the securities finance ecosystem, including hedge funds, agent lenders, broker-dealers, and other key market participants.
- Proven ability to build, scale, and transform trading businesses, drive strategic initiatives, and influence product development and business growth.
- Entrepreneurial and results-oriented leader with strong commercial acumen, strategic thinking skills, and a passion for developing talent and building successful teams.
- Proficiency in Bloomberg and Microsoft Office, specifically Excel.
Additional requirements
- Travel up to 10% may be required
Salary Range:
$240,000 - $251,250 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.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit https://hrportal.ehr.com/statestreet/Home .
About State Street
Job Application Disclosure
Not included in the source posting: what you'll do, qualifications, benefits.
Skills
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