Transfer Agency, Associate 2

State Street; Maharashtra; On-site; INR 600,000 - 900,000; Full time

Job summary

State Street in Mumbai is seeking an Transfer Agency Associate 1 to manage shareholder data in TA systems and support daily operations. You will handle subscriptions, redemptions, transfers, and client inquiries while ensuring accuracy and regulatory alignment.

The role emphasizes data integrity, timely reporting, and collaboration with teams in fund accounting and compliance. A bachelor’s degree and 1 year in related financial services are preferred, with night shift readiness and strong

Qualifications

• Bachelor’s degree in Business, Finance, Economics or related field preferred.
• 1 year of transfer agency, fund administration, or financial services experience desirable.
• Proficiency in MS Office; familiarity with transfer agency systems is a plus.

Responsibilities

• Process subscriptions, redemptions, transfers, and switches with accuracy and compliance.
• Provide timely client inquiries responses via email, phone, or written correspondence.

Skills

Verbal communication

Written communication

Microsoft Office

Education

Bachelor’s degree in Business/Finance/Economics

Tools

Fund administration systems

Job description

Who We Are Looking For:

Looking for candidate who will be responsible for create or amend shareholder database in TA system. Candidate should have good verbal & written communication .Preferable location Mumbai. Ready to work in any shift including night shift.

Why This Role Is Important To Us:

The Transfer Agency Associate 1 plays a vital role in supporting the daily operations and client services of a transfer agency, typically within the financial services sector. This position is suited for professionals with foundational experience in transfer agency operations, looking to further develop their expertise and contribute to the smooth processing and administration of investor transactions.

What You Will Be Responsible For:

• Transaction Processing: Accurately process subscriptions, redemptions, transfers, and switches for investors, ensuring compliance with internal procedures and regulatory requirements.
• Client Servicing: Respond promptly and professionally to client, investor, and intermediary queries via email, phone, or written correspondence, maintaining a high standard of service.
• Data Management: Maintain and update investor records, ensuring data integrity and confidentiality at all times.
• Reporting: Prepare and deliver periodic and ad hoc reports to clients and internal stakeholders, supporting fund accounting and compliance teams as needed.
• Anti-Money Laundering (AML) and Compliance: Assist with client due diligence, document verification, and transaction monitoring in line with AML regulations and company policies.
• Quality Assurance: Participate in quality control checks and audits to ensure accuracy and compliance of processed transactions.
• Process Improvement: Contribute ideas for operational efficiency, support system enhancements, and participate in team projects as required.
• Training and Development: Mentor junior team members and participate in ongoing training to stay updated with regulatory changes and industry best practices.

Skills & Qualifications

• Education: Bachelor’s degree in Business, Finance, Economics, or a related field is preferred.
• Experience: Previous experience in transfer agency, fund administration, or financial services is desirable, ideally 1 years.
• Technical Skills: Proficient in Microsoft Office (Excel, Word, Outlook), with experience using fund administration or transfer agency systems considered an advantage.
• Communication: Strong written and verbal communication skills, with the ability to interact professionally with clients and colleagues.
• Attention to Detail: Demonstrated ability to manage high volumes of work with accuracy and efficiency.
• Problem-Solving: Proactive approach to identifying issues and implementing solutions.
• Organization: Excellent organizational and time-management skills, with the ability to prioritize tasks and meet deadlines

Additional Requirements:

Mutual Fund and Capital Market knowledge is added advantage

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 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. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. 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.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

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.

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

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Job ID: R-797848