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Location
In office (Mumbai)
Seniority
Staff · 5+ years exp
Employment
Full-Time
Overview
Company
Impact
Profile match
State Street is an American financial institution founded in Boston in 1792 and one of the oldest banks in the United States, though its modern business bears little resemblance to retail banking. It is one of the three dominant global custodians, holding trillions of dollars of assets in safekeeping for institutional investors and providing the fund accounting, administration and settlement infrastructure that asset managers depend on. Its investment arm State Street Global Advisors created the first American exchange traded fund with the SPDR S&P 500 Trust and remains one of the largest index managers in the world.

Job Description

Who we are looking for

We are looking for ambitious and career oriented graduates with good analytical skills and conversant with accountancy concepts & numbers. Individuals having knowledge or hands on experience with Corporate actions SWIFTs will be an added advantage.

Work experience of 5-7 years in Capital markets industry.

Why this role is important to us

The Senior Team Member in Corporate Actions is responsible for ensuring accurate capture, processing, and settlement of corporate action events (mandatory and voluntary) across global markets. The role involves reviewing complex events, guiding junior team members, ensuring adherence to deadlines, and maintaining a high standard of accuracy and client service.

What you will be responsible for

  • Event Capture & Processing

    • Monitor and record all corporate action events (dividends, mergers, rights issues, tender offers, spin-offs, bonus, splits, etc.) from multiple sources (custodians, depositories, vendors).

    • Validate event details, terms, and deadlines to ensure accuracy.

    • Process entitlements, instructions, and reconciliations within defined cut-offs.

  • Client Servicing & Communication

    • Ensure timely and accurate communication of event details and deadlines to internal teams and clients.

    • Respond to client queries promptly and professionally.

    • Escalate discrepancies or complex issues to management with proposed resolutions.

  • Quality Control & Oversight

    • Review the work of junior team members to ensure accuracy.

    • Perform end-of-day checks and validations to minimize breaks/errors.

    • Support in resolving breaks with internal teams (settlements, reconciliations, etc.).

  • Risk & Compliance

    • Ensure adherence to operational controls, regulatory guidelines, and internal policies.

    • Identify potential risks in processes and suggest improvements.

    • Support audit and compliance reviews with accurate documentation.

  • Team Support & Development

    • Act as a subject matter expert (SME) for corporate action processes.

    • Provide training, mentoring, and guidance to junior members.

    • Contribute to process improvements and automation initiatives.

What we value

  • Learning attitude.

  • Critical thinking.

  • Positive approach.

  • Flexibility.

  • Result orientation.

Education & Preferred Qualifications

  • Graduate/Postgraduate in Finance, Accounting, or related field.

  • 3-6 years of experience in Corporate Actions, preferably in a global bank, custodian, or asset management firm.

  • Knowledge of market vendors (Bloomberg, Refinitiv, etc.) preferred.

  • Exposure to corporate action systems will be an advantage.

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.

Company: STATE STREET CORPORATE SERVICES MUMBAI PRIVATE LIMITED

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.

Discover more information on jobs at StateStreet.com/careers

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