State Street Corporation

Business Development Associate/ Internal Sales, Officer

State Street Corporation$60K — $101K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-3 years of experience in financial services sales, preferably with money market funds and fixed income
  • Desire to build and maintain strong client relationships
  • Willingness to learn and grow within the organization
  • Self-starter with strong work ethic and integrity
  • Bachelor’s Degree required
  • FINRA Series 7 and 63 preferred
  • Proficiency in Salesforce and Microsoft Excel

Responsibilities

  • Partner with Senior Cash Sales Director on institutional sales and relationship management
  • Engage new prospects through daily outreach and calls
  • Manage territory by identifying new prospects and nurturing existing relationships
  • Participate in client meetings and industry events
  • Stay informed on economic developments to provide valuable client insights
  • Assist in preparing RFPs, marketing materials, and presentations
  • Keep updated on regulatory developments affecting cash products
  • Collaborate with teams across SSGA including legal and compliance

Benefits

  • 401K retirement savings plan with company match
  • Comprehensive insurance coverage (life, medical, dental, vision)
  • Paid-time off for vacation, sick leave, and family care
  • Access to Employee Assistance Program
  • Incentive compensation with eligibility for performance-based awards
Full Job Description

What you will be responsible for

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 organizations

  • Focus 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 meetings

  • Plays important role in territory management including identifying new prospects, cultivating existing relationships, and executing a strategic business plan

  • Participates in various client facing meetings and industry events where appropriate – stays current on economic and market developments and contributes value-added information during client interactions

  • Using your technical and research skills, remain current on the competitor landscape, key differentiators and competitive advantages

  • You will assist with preparing and organizing RFPs, marketing materials, and presentations for various meetings and events

  • Keeps current on regulatory developments affecting cash products and communicates regularly with clients, partners and senior leaders in the cash business

  • Collaborating and building relationships with a number of different teams within SSGA: legal, compliance, finance, product management, portfolio management

What we value

These 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 income

  • Your desire to increase the firm’s assets under management through building and maintaining strong client relationships is evident

  • Your willingness to learn and grow with the team and with the organization make you a great fit for our growing business

  • Are you a self-starter and do you have energy, enthusiasm, optimism, a strong work ethic, and a high degree of integrity?

Education & Preferred Qualifications

  • Bachelor’s Degree Required

  • FINRA Series 7 and 63 Preferred

Additional requirements

Proficiency in Salesforce and Microsoft Excel

Work Requirement

  • Hybrid with 4 days in office

Salary Range:

$60,000 - $101,250 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 .

About State Street Corporation

State Street Corporation Careers

Join the dynamic team at State Street Corporation, a leading financial services provider known for its commitment to innovation, leadership, and professional growth. As a global powerhouse in investment management and servicing, we offer unparalleled job opportunities that propel your career to new heights.

Work You’ll Do

At State Street Corporation, you’ll be part of a culture that values diversity, leadership, and continuous professional development. Engage in work that transforms the financial landscape and helps our clients achieve their investment goals. Our team at State Street is at the forefront of combining industry expertise with cutting-edge technology to deliver exceptional service and results.

Explore Our Job Opportunities

Whether you’re looking for an entry-level position or a senior role, State Street Corporation offers a range of career paths in areas such as asset management, data analytics, finance, and technology. Our hiring process is designed to identify and nurture talent, focusing on your skills and potential. Prepare your resume, ace the interview, and join a team that’s committed to your career growth.

Internship Programs

Kickstart your career with a State Street internship. Our programs provide hands-on experience, networking opportunities, and professional mentoring in a real-world setting. Interns at State Street gain valuable insights and skills that make them competitive candidates for full-time positions within our company.

Benefits and Growth

State Street Corporation is dedicated to the growth and well-being of our employees. We offer a comprehensive benefits package that supports both your professional and personal life. From advanced career training and leadership development programs to health and wellness benefits, we ensure that our team members have the resources they need to succeed.

Inclusive Culture and Diversity

We pride ourselves on fostering an inclusive environment where every employee can thrive. Diversity is not just embraced; it’s celebrated. At State Street, you’ll work alongside a diverse group of professionals who bring a wide range of perspectives and ideas to the table. Our diversity training programs are designed to enhance collaboration and innovation across our global team.

Stay Connected

Join Our Team Discover the career you’ve always wanted by exploring the job opportunities at State Street Corporation. We look for driven, curious, and innovative team players who are ready to make an impact. Search State Street jobs now and find the position that best matches your skills and interests. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. Our careers blog provides you with the latest trends, tools, and advice to keep you ahead in your professional journey.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at State Street Corporation, where your career development is our priority. Join State Street Corporation and be part of a team that values innovation, leadership, and a commitment to excellence. Your future in the financial services industry starts here.
Learn more about State Street Corporation
Size
39,335 employees
Market Cap
$28.4 billion
Industry
Net Income
$2.4 billion
Founded
1792
5 Year Trend
-4.9%
NASDAQ

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