Equity Portfolio Management, Assistant Vice President - State Street Investment Management

    
Role description summary / Purpose of the role:
To manage a range of passive equity funds within the Global Systematic Equity portfolio management team. The role will include all aspects of management for a range of regional and global index equity portfolios including rebalancing, risk monitoring and exposure management.
 

Who we are:

State Street Investment Management is a global leader in institutional asset management, entrusted with more than $5 trillion in assets. For more than four decades, investors worldwide have benefited from our disciplined, precise investment process and powerful global platform offering access to every major asset class, capitalization range and style across the indexing and active spectrums. State Street IM is the investment management arm of State Street Corporation, one of the world’s leading providers of financial services to institutions.
 

What we will ask you to do:

Portfolio Management - you will have responsibility for various daily tasks associated with managing index funds such as: monitoring tracking, risk and exposure, trading for index changes and cash flows, performance measurement and attribution
Analysis of upcoming corporate actions for value add or wealth preservation opportunities
Working with investment managers to improve efficiency of processes and workflow, with a strong emphasis on technology-enabled solutions
Project work may include working with our research team to help guide and implement various projects that drive efficiency and improve service levels
Create reports and presentations for internal and external clients
 
What we would like you to be:

The successful candidate should possess good mathematical, decision-making and interpersonal skills.

Excellent verbal and written communication skills
A good understanding of Factset, advanced Excel, and coding knowledge would be useful
Demonstrated interest in and hands-on use of AI tools
Numerically minded and confident with data handling and interpretation
Ability to work effectively in a team, providing support, prioritizing workload
Initiate, demonstrate flexibility and think creatively to solve problems
Absolute attention to detail and high degree of accuracy when working under pressure
Fundamentally curious and passionate about passive equity management 
 
Who you are:

Passionate about project and process management
Seek chance to define quality improvements to processes
Want to work in a diverse, multi-cultural environment
Forward-thinking, curious with a disruptive mindset
Be able to utilize technology and systems effectively
Strong understanding of passive portfolio construction and investments
Capability to gain trust and respect of business partners while bringing objective and independent challenge to their activities
Ability to work under pressure and self-motivation to master concepts quickly
Phenomenal teammate and collaborative attitude required
 
Education & Qualifications:

An undergraduate degree
Ideally a finance related post grad / CFA (or equivalent)
Experience requirement: 3+ years working in a financial institution or a finance-specific industry.  You will have a good practical understanding of index funds and ideally experience working within, or closely with, an equity fund management team or similar group.
 
Equal opportunities Statement

Across the world, institutional investors rely on us to help them handle risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and engaged employees are critical to our continued success. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our values. It’s also part of our dedication to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.

Salary Range:

$90,000 - $157,500 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

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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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.