State Street India | Corporate Actions - Manager

Responsibilities

• As a Corporate Actions COE Officer, the ideal candidate will support and assist Client Operations and other operational Shared Services teams/Centers of Excellence (COEs) by monitoring and processing custody, accounting, and middle-office-related events to the fund’s records accurately and on time.
• The role requires prompt follow-up on exceptions and timely problem resolution to mitigate risk to the corporation while delivering excellent service to clients and supporting effective people management.
• As part of Corporate Actions COE, you will be required to contribute to the development of processes, people, and risk standards for the team.
• Job Description: Officer , Location : Mumbai.
• Process Optimization: Identify and implement improvements to streamline operations, increase efficiency, and reduce costs.
• Drive pay-for-performance and a culture of performance differentiation
• Work, Live, and Grow.

Requirements

• Commercial acumen, including an understanding of costs and budgets.
• Drive efficiency and automation initiatives. A sound understanding of technology tools, AI, and Agile frameworks is preferred.
• Bachelor’s degree in Commerce/Economics with a specialization in Business, Accounting, Finance, or another finance-related program.
• 10–16 years of experience in accounting, finance, mutual fund operations, loan servicing, or related careers is preferred.
• Deep Knowledge of Corporate Actions: Understand the end-to-end corporate actions cycle, fund accounting, bonds, dividends, mandatory and voluntary event types, and the corporate action event life cycle.

State Street

State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.

In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)