Corporate Actions and Income Oversight

Who we are looking for

The purpose of this role is to provide oversight for the operations teams that support Corporate Action and Income functions for our various investment management services (middle office) clients. Responsible for overseeing the day-to-day operational escalation and support for those teams as well as ensuring governance and controls are adhered to within the IMS Oversight team. Work closely with other IMS teams, locally and globally, to provide a high level of service to our clients. Understand and implementing a risk adverse environment including controls and governance is met to the highest standards. This role is based in Sydney, Australia.

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 a Corporate Actions and Income Specialist you will
- Provide Subject Matter expertise for all Corporate Action and Income related questions and queries.- Oversee the Processing of Corporate Actions and Income across multiple markets and asset types.- Manage elements of the onboarding of multiple large new clients.- Work with Project teams, client and colleagues in multiple locations to ensure all required detail and data is accurate and received / sent / updated in a timely manner.- Review Client specific processes and ensure they are introduced through all phases of project preparation and into the Production environment.- Perform work independently within scope of established guidelines and according to specific procedures.- Communicate effectively on issues / problems to the Client and to SSC management and ensure a proper and timely follow-up to ensure resolution.- Provide guidance, support, act as resource and assist team members from multiple operational areas for both onshore and offshore locations.- Document and validate the Future State Operating Model covering all in-scope Investment Operations functions.- Work with, review and participate in BAU with the Asset Servicing Business Operations teams to ensure that they understand the Future State Operating Model and that they are operationally ready to support the in-scope business activities and have completed required tasks such as procedures, system access and training.- Analysis and documentation of data consistency issues- Maintenance of Processing Matrix- Support other Operational Readiness activities and administrative tasks as required- Liaise with clients and colleagues within other business areas and locations- Work with the Business teams to update Procedures, Processes Flow and Checklists as required- Complete any ad-hoc tasks as identified by the line manager.

What we value

These skills will help you succeed in this role- Strong critical thinking, problem solving, and decision making skills- Demonstrate a willingness to support change and work with the operations teams to roll out any changes to their processes across all of the clients that they support- Demonstrate ability to take on tasks without instruction- Work effectively with others to achieve results on queries.- Participation in relevant projects

Education & Preferred Qualifications- Essential to have be able to demonstrate market knowledge of corporate actions and income- Creative thinker with the ability to think out-of-the-box- Must display an ability to drive tasks through to completion- Strong written and oral communication skills

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.

State Street is an equal opportunity and affirmative action employer.