Assistant Vice President - Corporate Action

Who we are looking for

The AVP - Corporate Actions will oversee the end-to-end processing, validation and management of all corporate actions affecting the firm's investment portfolios or client holdings. This role involves managing a team, ensuring accurate and timely capture of corporate action events, and maintaining strong communication with custodians, fund managers, and other stakeholders.

What you will be responsible for

• Corporate Actions Management:
• Manage all corporate action events including dividends, mergers, acquisitions, splits, rights issues, and tender offers.
• Ensure timely and accurate capture, validation, and processing of event data.
• Team Leadership: Lead, mentor, and supervise the corporate actions team.
• Allocate tasks and ensure SLAs and KPIs are consistently met.
• Risk & Compliance:
• Monitor and mitigate operational risks related to corporate actions.
• Ensure adherence to regulatory requirements and internal policies.
• Stakeholder Coordination:
• Liaise with custodians, fund administrators, portfolio managers, and other counterparties to resolve queries and confirm instructions.
• Communicate material events and decision deadlines to relevant internal stakeholders.
• Process Improvement:
• Identify areas for process enhancement and automation.
• Lead or contribute to system implementations and upgrades.
• Reporting:
• Generate and review daily, weekly, and monthly reports on event status, exceptions, and audit trails.
• Driving efficiencies, change management, transformation
• Provide MI (management information) and insights to senior management.

Education & Preferred Qualifications

• Bachelor's degree in Finance, Economics, or related field (Master's or MBA preferred).
• 10-12 years of experience in corporate actions or securities operations, with at least 3 years in a managerial role.
• Strong understanding of global market practices, SWIFT messaging (MT564-568), and settlement cycles.
• Experience with systems such as Bloomberg, Reuters, or corporate actions platforms (e.g., Eagle, XSP, or similar).
• Skills & Competencies
• Excellent analytical and problem-solving skills.
• Strong attention to detail and risk awareness.
• Effective team leadership and people management abilities.
• Excellent communication and stakeholder management skills.
• Proficiency in MS Office, particularly Excel knowledge of VBA or SQL is a plus.

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.