Who we are looking for : Why this role is important to us : The team you will be joining is a part of State Street Global Markets India COO (SSGM) which is transforming our operating model that provides support to sales and trading desks across all regions EMEA, APAC and North America 24/6. Statestreet is one of the largest agents 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. Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for : As Corporate Action Prime Services, Senior Associate you will

- Reconciliation and distribution of dividends and cash corporate actions.
- Analyses, researches and interprets corporate action terms and conditions according to established policies and procedures.
- Inputs corporate action blocks, restrictions and trading comments on the Securities Finance system.
- Communicates with internal and external parties to provide corporate action information and relevant deadlines.
- Calculates entitlements based on corporate actions terms and conditions and processes the requisite adjustments and possible ensuing market transactions in a timely and accurate manner for securities borrowed and on loan.
- Communicates with the trading and settlements groups to enforce policies and procedures to minimize corporate action issues.
- Reconciles pending/open borrowed and loaned positions with participating parties.




- Collects the requisite income from participating borrowers in order to pay the participating lending agent(s) on market pay date.
- Ensure that your team meets the agreed SLA, KPI and KRI and evidence of the same documented every day
- Reviews contract compare records, DDA’s to validate positions with each counterparty.
- Assists business area with inquiries pertaining to transactional activity; coordinates response with traders, corporate actions staff and other internal teams.
- Ensure timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc. while keeping management informed of any potential issues.
- Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed
- Demonstrates effective communication skills (written and verbal) - ensuring key stakeholders are regularly appraised on progress relative to milestones & escalates issues requiring attention appropriately
- Ensure trades that fall out of the STP process are highlighted, tracked and remediated where appropriate
- Understand end to end of the process (including new ones) and contributes to process improvement ideas highlighting any potential process risk to the managers
- Demonstrates effective risk management skills - capture and communicate probability and impact to key stakeholders, ensure appropriate mitigation strategies are agreed.



Identifies and analyses operations risks related to current and potential business and recommends procedural changes/improvements as needed
- Works collaboratively across SSGM Globally on key initiatives
- Strong project and people management skills.

What we value : These skills will help you succeed in this role:

- 4 to 5 years’ of strong product knowledge of corporate actions life cycle and Agency/Principle Security lending business
- Strong communication, interpersonal, organizational, and time management skills
- Good team management experience
- Deadline and detail oriented
- Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills
- Should be versatile to work in EMEA/US (2:00 PM - 11:00 PM IST/6:00 PM - 03:00 AM IST) shift

Work Location: Hyderabad

Education & Preferred Qualifications :

- University degree in Business majoring in Accounting, Finance, or other Financial-related programs
- Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge is must.
- Certifications: certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage but not mandatory. 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,

📌 Corporate Action Prime Services, Senior Associate (Hyderabad)
🏢 State Street
📍 Hyderabad