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Middle Office, AVP

State Street

State Street is a leading provider of financial services to institutional investors around the world.

Corporate Actions/Income – Assistant Vice President

Job Description

Who we are looking for

A candidate with minimum 7+ years of financial operations experience and proven managerial background to assist in leading a global team that handles end-to-end corporate actions and income events. Role will focus on corporate action and income entitlement posting to investment accounting records and management of staff across the globe. Individual must be able to handle pressure and strive in a time sensitive environment.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Assistant Vice President of Corporate Actions/Income you will:

  • Oversee the daily processing of corporate action & income events to investment accounting records for middle office holdings across global markets
  • Establish and maintain strong working relations with global team members, custodians, agents, and our clients
  • Research and resolve reconciliation items, either cash or stock, relating to corporate actions and income processing.
  • Play a key role in onboarding of new clients (RFP, due diligence, client SLA, conversion).
  • Remain current on market trends and industry issues/regulations related to corporate actions and income.
  • Suggest, document, and carry out process improvements and automation projects.

What we value

These skills will help you succeed in this role

  • Exhibit strong reasoning, critical thinking, problem solving, and decision making skills.
  • Display leadership abilities by clearly defining expectations of direct reports are providing the tools for them to strive in their daily responsibilities.
  • Strong client service skills
  • Ability to lead and be a team player, but also be self-sufficient as an independent worker.
  • Organization in order to handle events and holdings with very large volumes.
  • Sensitivity to every process and detail.Due to size of holdings, one error could result in a claim in the millions of dollars.

Education & Preferred Qualifications

  • Minimum of Bachelor’s Degree required.
  • 7+Years of financial operations experience.
  • Proven managerial background is preferred.
  • Experience in managing projects relating to automation and/or system upgrades preferred.
  • Knowledge of asset servicing preferred.
  • Strong communication & client service skills.

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.

Discover more at StateStreet.com/careers.

COVID-19 Protocols: Complying with State Street’s COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.

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Middle Office, AVP

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Contact us

State Street

State Street is a leading provider of financial services to institutional investors around the world.

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