The Sector Sales Specialist distributes the SPDR Select Sector ETFs, drives Sector fund adoption and owns business results as part of the Sector ETF Sales Specialist team. The Sector Sales Specialist will partner with our Client Coverage Group to drive Select Sector ETF engagement with Retail brokerage platforms using Sector ETFs. The Sales Specialist will play a key role in growing our Select Sector ETF franchise and serve as an expert for Sector investing in their assigned client coverage.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.
Why this role is important to us
The team you will be joining is a part of State Street Investment Management, one of the largest asset managers in the world. We partner with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process. With over four decades of experience and trillions of dollars in assets under management, we offer one of the broadest selections of services across asset classes, risk profiles, regions and styles. As pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest.
Join us if making your mark in the asset management industry from day one is a challenge you are up for.
As a Sector Sales Specialist you will
Be responsible for providing client-facing expertise supporting the Select Sector SPDR ETFs for State Street IM’s Client Coverage Group across Retail brokerage platforms, seeking platform placements, approvals pursuing increased usage of Sector ETFs
Educate clients on the benefits of sector investing via client meetings, presentations and industry panels
Partner with Markets Intelligence team to uncover current and potential users of Select Sector ETFs
Deliver thought leadership related to Sector ETF’s place in portfolios and methods for incorporating Sector investing in investment allocations
Provide a deep understanding of the SPDR Sector ETF range, competitive landscape, industry trends, and product attributes
These skills will help you succeed in this role
Sector investing sales, strategist or portfolio management experience
Understanding of the options markets and how they interact with the Select Sector ETFs
An ability to discuss the short-term qualitative and quantitative factors driving sector returns
An understanding of the benefits of Select Sector ETF’s liquidity and competitive advantages
Strong communication and public speaking skills
Ability and willingness to travel consistently across assigned geographic territory
Education & Preferred Qualifications
- Minimum 7 years of investment experience
- National Account relationships preferred
- CIMA, CFA or other professional designations preferred
- Current securities licenses (Series 7 and Series 63) preferred or the ability to attain
- Clean compliance and U4 record required
- Knowledge of equity markets and portfolio construction
- In-depth knowledge of Sector investing
- Excellent communication skills
- Ability to work with and influence internal and external stakeholders
- Positive, collaborative attitude with a strong team orientation
- Available for travel 50-75%
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 asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Salary Range:
$130,000 - $205,000 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.
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.
