Markets Corporate Action, Assistant Vice President

2 days ago


Hyderabad, Telangana, India State Street Full time US$ 90,000 - US$ 1,20,000 per year

Who we are looking for:

This dynamic leadership role requires good understanding of Securities Lending and borrowing business and corporate action life cycle. It requires constant interaction with multiple stakeholders namely TFO, borrowers and other internal teams. Candidates having working experience of corporate action life cycle should only apply.

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 State Street Markets Corporate Action, Assistant Vice President, 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:

  • 12 to 15 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 flexible to work in US (6:30 PM - 3:30 AM IST) shift

Work Location: Hyderabad / Bangalore

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.

  • Exposure to Equilend, Pirum, Captain, MCH, and DTC applications

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


  • Vice President

    9 hours ago


    Hyderabad, Telangana, India Valueline Full time

    Job Title: Vice President (Finance & Accounts)Location: HyderabadReports To: Managing DirectorIndustry: Manufacturing and TradingExperience Required: 10+ years (with proven experience in Private Equity fundraising)Contact: hr@valueline.inJob Summary:We are seeking a dynamic and strategic Vice President to lead the financial operations of our growing...


  • Hyderabad, Telangana, India HSBC Full time

    Job descriptionSome careers have more impact than others If youre looking for a career where you can make a real impression join HSBC and discover how valued youll be HSBC is one of the largest banking and financial services organisations in the world with operations in 62 countries and territories We aim to be where the growth is enabling businesses to...


  • Hyderabad, Telangana, India HSBC Full time

    Job DescriptionJob descriptionSome careers have more impact than others.If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 countries and territories. We aim to be where the growth is,...


  • Hyderabad, Telangana, India JP Morgan Chase & Co. Full time

    Job DescriptionShape the future of user experience with strategic design initiatives that blend business needs and user insights.As an Experience Design Vice President in Corporate Oversight and Governance Team which is aligned to Corporate Technology, you will play a pivotal role in shaping the user experience across our products and services. Leveraging...


  • Hyderabad, Telangana, India DBS Bank Full time

    Job DescriptionDescriptionThe Assistant Vice President, Finance, Central Operations Office will be responsible for overseeing the financial operations of the organization, ensuring compliance with all regulatory requirements, and developing strategies to enhance financial performance. The ideal candidate will have extensive experience in finance and will...


  • Hyderabad, Telangana, India UBS Full time

    Business DivisionsInvestment BankYour role Do you understand the complexities of different corporate events both mandatory and voluntary Do you have experience in the full front to back life cycle of corporate actions Can you manage an event and take ownership and accountability for ensuring it is correctly processedDo you understand the risks associated...


  • Hyderabad, Telangana, India Citco Full time

    Job DescriptionWe are seeking a highly experienced and dedicated Vice President, Private Equity Fund Accounting to oversee the core accounting functions for our private equity fund clients. This senior leadership role involves managing a team, acting as a primary client contact, and ensuring the accuracy of all financial and reporting activities. The ideal...

  • Vice President

    1 week ago


    Hyderabad, Telangana, India Weekday AI Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    This role is for one of the Weekday's clientsSalary range: Rs Rs ie INR 20-25 LPA)Min Experience: 2 yearsLocation: HyderabadJobType: full-timeWe are seeking a dynamic and driven individual to join as Vice President – Founder's Office. This role is critical in enabling cross-functional execution, streamlining operations, and acting as a force multiplier for...


  • Hyderabad, Telangana, India GENPACT Full time

    Ready to shape the future of work At Genpact we don t just adapt to change we drive it AI and digital innovation are redefining industries and we re leading the charge Genpact s our industry-first accelerator is an example of how we re scaling advanced technology solutions to help global enterprises work smarter grow faster and transform at scale ...


  • Hyderabad, Telangana, India Genpact Full time

    Ready to shape the future of work? At Genpact, we don't just adapt to change—we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're scaling advanced technology solutions to help global enterprises work smarter, grow faster, and...