North America Head of Securities Lending, Prime Services

State Street; Jersey City (NJ); On-site; USD 240,000 - 251,000; Full time

Job summary

State Street is seeking a North America Head of Securities Lending, Prime Services, Managing Director, onsite, to lead and expand the securities lending business across North America. You will set the strategic vision, grow profitability, and build high-performing trading teams in Boston and Jersey City.

You will guide processes, technology, and operating models to improve efficiency and risk management, while engaging with hedge funds, asset managers, and other market participants.

Qualifications

• 10+ years in securities finance, stock loan, prime brokerage, or related financing markets.
• Significant leadership experience building and managing high-performing trading teams.
• Deep relationships across the securities finance ecosystem.
• Proven ability to build, scale, and transform trading businesses.
• Entrepreneurial and results-oriented leadership with strong commercial acumen.
• Proficiency in Bloomberg and Microsoft Office, specifically Excel.

Responsibilities

• Set and execute the strategic vision for State Street's North American securities finance trading business, driving growth, profitability, and market leadership while helping shape the future direction of the broader Prime Services platform.
• Lead, develop, and inspire a team of traders across Boston and Jersey City, fostering a culture of accountability, collaboration, innovation, and excellence while mentoring and developing the next generation of trading talent.
• Evaluate and enhance trading processes, workflows, technology, and operating models to improve scalability, efficiency, risk management, and client outcomes.
• Serve as a senior trading representative for the franchise, building and maintaining executive-level relationships with hedge funds, asset managers, agent lenders, broker-dealers, and other key market participants.
• Partner with clients to understand their financing and securities borrowing needs, delivering differentiated solutions that deepen relationships and drive business growth across the Prime Services platform.
• Drive trading and financial performance through effective inventory optimization, financing strategy, risk management, and execution across the securities finance business.
• Identify emerging market trends, competitive dynamics, and strategic opportunities, translating market intelligence into actionable initiatives that strengthen the franchise's competitive position and support continued innovation.
• Collaborate closely with Sales, Client Management, Product Development, Technology, Operations, Risk, Compliance, and Treasury teams to deliver a best-in-class client experience while advancing the firm's broader financing and synthetic prime capabilities.
• Act as a trusted advisor to senior management, providing thought leadership, market insight, and strategic recommendations on securities finance, market structure, and industry developments.

Skills

Problem solving

Analytical skills

Technical skills

Front-office markets experience

Communication

Tools

Bloomberg

Excel

Job description

State Street is seeking a North America Head of Securities Lending, Prime Services, Managing Director, onsite, to lead and expand the securities lending business across North America. You will set the strategic vision, grow profitability, and build high-performing trading teams in Boston and Jersey City.

You will guide processes, technology, and operating models to improve efficiency and risk management, while engaging with hedge funds, asset managers, and other market participants.