Corporate Actions - Manager

STATE STREET CORPORATION; Mumbai; On-site; INR 3,200,000 - 4,200,000; Full time

Job summary

State Street Corporation in Mumbai seeks a Corporate Actions COE Officer to support custody, accounting and middle-office events. You will monitor processes, resolve exceptions, and ensure timely updates to fund records while maintaining risk controls.

The role requires 10–16 years in finance, a commerce/economics background, and CFA/ICWAI pursuit is preferred. You will lead a team of managers, optimize operations, manage budgets, and drive automation and process improvements across regions.

Qualifications

• Bachelor’s degree in Commerce/Economics or finance-related field.
• Inter CA/Inter ICWAI or CFA pursuit is preferred.
• 10–16 years of experience in accounting, finance, mutual fund operations, loan servicing, or related careers.

Responsibilities

• Process Optimization: identify and implement improvements to streamline operations, increase efficiency, and reduce costs.
• Resource Management: manage resources (people, budget, technology) effectively to achieve operational objectives.
• Performance Monitoring: track KPIs and identify areas for improvement with corrective actions.
• Team Leadership: lead and develop a team of managers and staff within the operations department.
• Collaboration: coordinate with other executive teams for alignment across the organization.
• Quality Control: ensure operations deliver high-quality products/services meeting customer needs.
• Risk Management: identify and mitigate potential operational risks.
• Deep knowledge of corporate actions lifecycle including event setup, entitlement calculations, election processing, payment, and post-payment reconciliations.

Skills

Results oriented

Executive presence

Risk culture

Automation initiatives

AI and Agile

Education

Bachelor’s degree in Commerce/Economics with a specialization in Business, Accounting, Finance, or another finance-related program.

Job description

Who we are looking for

As a Corporate Actions COE Officer, the ideal candidate will support and assist Client Operations and other operational Shared Services teams/Centers of Excellence (COEs) by monitoring and processing custody, accounting, and middle-office-related events to the fund’s records accurately and on time. The role requires prompt follow-up on exceptions and timely problem resolution to mitigate risk to the corporation while delivering excellent service to clients and supporting effective people management.

Why this role is important to us

Corporate Actions COE manages end-to-end processing of mandatory and voluntary events across custody, accounting, and middle-office services for clients. This involves processing financial activities that help other teams derive NAV, cash and stock projection reports, and portfolio performance reports for clients. As part of Corporate Actions COE, you will be required to contribute to the development of processes, people, and risk standards for the team.

What you will be responsible for

• Process Optimization: Identify and implement improvements to streamline operations, increase efficiency, and reduce costs.
• Resource Management: Manage resources (people, budget, technology) effectively to achieve operational objectives.
• Performance Monitoring: Track key performance indicators (KPIs) and identify areas for improvement, taking corrective actions as needed.
• Team Leadership: Lead and develop a team of managers and staff within the operations department.
• Collaboration: Work with other executive teams to ensure alignment and coordination across the organization.
• Quality Control: Ensure that the company's operations deliver high-quality products or services that meet customer needs.
• Risk Management: Identify and mitigate potential operational risks.
• Deep Knowledge of Corporate Actions: Understand the end-to-end corporate actions cycle, fund accounting, bonds, dividends, mandatory and voluntary event types, and the corporate action event life cycle. Demonstrate a strong understanding of validation checks and controls across different life-cycle stages, including event setup, entitlement calculations, election processing, payment, and post-payment reconciliations, as well as fund accounting, middle-office operations, and relevant regulations.

What We Value – Key Skills

• Results-oriented, with an ownership and accountability mindset
• Commercial acumen, including an understanding of costs and budgets
• Drive pay-for-performance and a culture of performance differentiation
• Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally
• Embed a risk excellence culture across teams
• Encourage and drive a culture of change and ideation
• Drive efficiency and automation initiatives.
• A sound understanding of technology tools, AI, and Agile frameworks is preferred.

Education & Preferred Qualifications

• Bachelor’s degree in Commerce/Economics with a specialization in Business, Accounting, Finance, or another finance-related program.
• Inter CA/Inter ICWAI or CFA pursuit is preferred.
• 10–16 years of experience in accounting, finance, mutual fund operations, loan servicing, or related careers is preferred.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. 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. Join us in shaping the future.

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. 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. Join us in shaping the future.

• inclusive development opportunities
• flexible work-life support
• paid volunteer days
• vibrant employee networks

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.

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.

Discover more information on jobs at StateStreet.com/careers Read our CEO Statement

Discover more information on jobs at StateStreet.com/careers Read our CEO Statement