23 Oct
|
Currenex State Street Trust
|
Mumbai
23 Oct
Currenex State Street Trust
Mumbai
We are seeking an experienced Officerlevel professional for our Equity Swaps Corporate Actions team, responsible for overseeing and executing daytoday BAU processing for Equity Swaps in line with the operating model, internal SLAs, and control frameworks.
The role sits within State Street Markets Operations' Financing Solutions business, supporting the Prime Services Equity Swaps product. The Officer will act as a key point of escalation and subject matter expert, partnering closely with Trading, Swap Operations, Stock Loan, Custody, and Risk teams to manage mandatory and voluntary events, restrictions, and lifecycle processing in a controlled, auditready environment. Corporate actions on equity swaps represent a highrisk, highcomplexity operational area where errors can directly impact P&L;, client outcomes, and regulatory posture. The team you will be joining is a part of State Street Markets which is transforming our operating model that provides support to sales and trading desks across all regions EMEA, APAC and North America 24/6. Since synthetic market access is growing globally, Prime Services are expanding their product offering to include Equity Swaps. Our Secured financing solution offers accessibility to cash investment and financing outlets for a wide range of institutional participants. State Street is one of the largest agent's lenders in the world, with over 40 years of experience and more than 250clients across multiple global markets. Our depth of lendable assets and strong market position provides more trading opportunities When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. As Equity Swaps Corporate Actions (Prime Services)-Manager, you will:
Oversee and perform processing of mandatory and voluntary corporate actions and dividend events impacting Equity Swaps portfolios.
Act as an escalation point for complex or timesensitive voluntary corporate action elections, providing guidance and decision support as required.
Ensure accurate booking and alignment of corporate action adjustments across swap and custody accounts.
Oversee execution of daily, eventbased, and periodic controls,
ensuring adherence to documented procedures and control standards.
Escalate material issues, control gaps, or processing risks in line with governance and escalation frameworks.
Provide support and guidance to Senior Associates on complex processing, investigations, and control execution.
Liaise with internal teams including Swap Operations, Trading, Stock Loan, and Custody to resolve issues and manage event impacts.
Support responses to internal and external queries related to swaplinked corporate actions and income events.
These skills will help you succeed in this role:
Strong technical understanding of corporate actions and asset servicing within an Equity Swaps or Prime Services environment.
Ability to exercise sound judgment in managing risk, prioritizing issues, and determining when escalation is required.
Strong reconciliation, investigative, and problemsolving skills.
Robust fronttoback understanding of Equity Swap Operations processes, lifecycle events, and interactions between synthetic and physical positions.
Handson experience supporting frontoffice exception management, middleoffice systems, and downstream settlement / payment processes.
Strong fronttoback understanding of Equity Swap Operations processes, lifecycle events, and interactions between synthetic and physical positions.
- 8-10+ years of experience in Corporate Actions, Asset Servicing, or Investment
- Handson experience supporting frontoffice exception management, middleoffice systems, and downstream settlement / payment processes.
- Experience providing oversight, coaching, or review support to junior team members.
- Shift Time: NA - 7:00 PM to 4:00 AM IST OR EMEA - 2:00 PM to 11:00 PM IST
Persona: 4 days' work from office
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.
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. 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.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. 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. 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.
📌 Professional Services and Tech Consultant (Mumbai)
🏢 Currenex State Street Trust
📍 Mumbai