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Corporate Actions, Senior Associate

State Street

State Street

Quincy, MA, USA
Posted on Nov 6, 2024

Job Description

Who we are looking for

Responsible for Corporate Action Instruction processing. Will need to manage high risk processes that span international markets. Focus will mainly be around voluntary corporate action activity and could include complexities such as securities finance, middle office, and international custody. Ideal candidate has experience within the corporate action field and is able to utilize internal SSB and external relationships to troubleshoot instruction related issues.

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 an Senior Associate

  • Risk management within corporate actions operations.
  • Training of staff around corporate actions complexities as SME.
  • Streamlining of processes.
  • Meeting of Corporate Obligations.
  • Project work, inclusive of Robotics/Automation.
  • Daily escalation resolution.

What we value

These skills will help you succeed in this role

  • Strong critical thinking, problem solving, and decision-making skills
  • Ability to manage team members across multiple sites
  • Prioritize potential issues and escalate
  • Subject matter expert within the corporate action space

Education & Preferred Qualifications

  • B.S. degree in accounting or Finance preferred
  • Minimum 3 years of Middle Office and/or Front Office support experience.
  • Corporate Action mechanics understanding preferred
  • Knowledge of securities language preferred
  • Experience around custody/accounting systems preferred
  • Strong written and verbal communication ability

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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 perspective 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 the 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 program 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

Salary Range:

$52,000 - $75,400 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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