Business Development Associate/ Internal Sales, Officer
$60k - $101.25kState Street Corporation
Business Development Associate (Officer)State Street Investment Management is seeking an experienced Business Development Associate (Officer) to join our U.S. Cash Distribution team. As one of the world's leading asset managers, State Street Investment Management oversees more than $6 trillion in assets and manages approximately $600 billion across money market funds and short-duration fixed income strategies. In this role, you will play a key part in supporting the growth of our US Cash Business by engaging with a broad range of institutional liquidity investors, including asset owners, financial institutions, and intermediary partners.This is an exciting opportunity to join a high-performing team within State Street Investment Management's Global Cash Business. You will have direct exposure to business development initiatives that drive net new revenue, while supporting one of the firm's most profitable businesses and a core strategic growth priority.As a Business Development Associate, you will:Partner closely with a Senior Cash Sales Director supporting all aspects of institutional sales and relationship management to some of the world's largest and most sophisticated organizationsFocus will be diversifying the client base through new prospect engagement, including daily consultative outreach and calling, developing new leads, utilizing market data, trends, and industry knowledge to secure new meetingsPlays important role in territory management including identifying new prospects, cultivating existing relationships, and executing a strategic business planParticipates in various client facing meetings and industry events where appropriate – stays current on economic and market developments and contributes value-added information during client interactionsUsing your technical and research skills, remain current on the competitor landscape, key differentiators and competitive advantagesYou will assist with preparing and organizing RFPs, marketing materials, and presentations for various meetings and eventsKeeps current on regulatory developments affecting cash products and communicates regularly with clients, partners and senior leaders in the cash businessCollaborating and building relationships with a number of different teams within SSGA: legal, compliance, finance, product management, portfolio managementThese skills will help you succeed in this role:Minimum of 1-3 years financial services experience in sales – ideally with money market funds and fixed incomeYour desire to increase the firm's assets under management through building and maintaining strong client relationships is evidentYour willingness to learn and grow with the team and with the organization make you a great fit for our growing businessAre you a self-starter and do you have energy, enthusiasm, optimism, a strong work ethic, and a high degree of integrity?Education & Preferred QualificationsBachelor's Degree RequiredFINRA Series 7 and 63 PreferredAdditional requirementsProficiency in Salesforce and Microsoft ExcelWork RequirementHybrid with 4 days in officeSalary Range:$60,000 - $101,250 AnnualThe 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.
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