State Street

Intermediary Sales Account Executive

Riyadh Full time

Overview of role:

We are looking for a sales/business development professional to join our dynamic, diverse SSIM Middle East & Africa (MEA) team. Based in our Riyadh office, you will be a key member of the State Street Investment Management MEA Client Coverage Group contributing to our prospecting, new revenue generation and client retention efforts.

You will be part of an ambitious and entrepreneurial business development team covering a range of client segments and your specific focus will be on Financial Institutions and Family Offices in Saudi Arabia. Product coverage will span the full range of SSIM capabilities including passive equities, global fixed income, cash, ETF’s, quantitative and fundamental equities, multi-asset and OCIO solutions.  

You will need to collaborate with colleagues in investments, research, and marketing. The role requires energy, flexibility, curiosity and excellent interpersonal and communication skills.

We want you to develop a deep understanding of the SSIM franchise in the Middle East and Africa region to advance our pipeline and actively contribute to the region’s annual gross and net new revenue targets.

What we will ask you to do:

  • Assume ownership and accountability for growing and converting an existing sales pipeline  

  • Work with line management on the annual sales strategy and commit to its successful execution

  • Take a leading role in retaining existing business by delivering high quality relationship management and anticipating our clients’ evolving needs

  • Focus your Business Development efforts on Intermediary/Wealth clients including Financial Institutions and family offices in Saudi Arabia

  • Contribute to new product ideas and build robust business cases for consideration by Product Development

  • Successfully deliver on individual KPI’s and contribute to the region’s Annualized Gross and Net New Revenue targets

  • Take the lead on dedicated RFP's, product information gathering and client-centric research origination/dissemination

  • Harness the expertise of our internal specialists (e.g. portfolio management, portfolio strategy, research, Cash, ETFs, etc.) in order to deliver a consultative sale to clients

  • Monitor key product performance and liaise with portfolio strategists to ensure proactive engagement with our client base

  • Build strong, positive relationships with key internal stakeholders

  • Maintain the highest possible fiduciary standards and ensure compliance with all internal and external requirements

Qualifications

What we would love you to be:

  • Academic background in finance, economics, business or a related field

  • CFA/CAIA charter holder/ candidate or equivalent

  • Prior experience in asset management sales and/or relationship management

  • Minimum 3 years experience in investment management client facing roles with top tier international firm

  • Demonstrable network of clients/prospects in the region

  • Willing to travel extensively across Saudi Arabia and internationally on an occasional basis

  • Fluency in English and Arabic

  • Excellent communication and interpersonal skills

  • A good problem solver and trouble-shooter, with the ability to identify and analyze issues with the creativity and energy to solve them

Who you are:

  • You are articulate, curious and entrepreneurial

  • You want to work in a diverse, multi-cultural environment

  • You are motivated and keen to deliver the best possible result to clients

  • You have the patience and resilience to work through lengthy sales conversion cycles

  • You are passionate about long-term relationship building

  • You understand the importance of risk excellence when representing a global financial services firm in emerging markets

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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