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Manager, Corporate Action

State Street

Manager, Corporate Action

State Street

Mumbai, India

·

On-site

·

Full-time

·

1w ago

Benefits & Perks

Healthcare

401(k)

Flexible Hours

Paid Volunteer Days

Healthcare

401k

Flexible Hours

Required Skills

Corporate Actions

Securities Operations

Team Leadership

Excel

Risk Management

Who we are looking for

The Manager – Corporate Actions will oversee the end-to-end processing, validation, and management of all corporate actions affecting the firm's investment portfolios or client holdings. This role involves managing a team, ensuring accurate and timely capture of corporate action events, and maintaining strong communication with custodians, fund managers, and other stakeholders.

What you will be responsible for

As officer you will

Corporate Actions Management:

  • Manage all corporate action events including dividends, mergers, acquisitions, splits, rights issues, and tender offers.

  • Ensure timely and accurate capture, validation, and processing of event data.

  • Team Leadership: Lead, mentor, and supervise the corporate actions team.

  • Allocate tasks and ensure SLAs and KPIs are consistently met.

Risk & Compliance:

  • Monitor and mitigate operational risks related to corporate actions.

  • Ensure adherence to regulatory requirements and internal policies.

  • Stakeholder Coordination:

  • Liaise with custodians, fund administrators, portfolio managers, and other counterparties to resolve queries and confirm instructions.

  • Communicate material events and decision deadlines to relevant internal stakeholders.

  • Process Improvement:

  • Identify areas for process enhancement and automation.

  • Lead or contribute to system implementations and upgrades.

  • Reporting:

  • Generate and review daily, weekly, and monthly reports on event status, exceptions, and audit trails.

  • Provide MI (management information) and insights to senior management.

Education & Preferred Qualifications

  • Bachelor’s degree in Finance, Economics, or related field (Master’s or MBA preferred).

  • 5–8 years of experience in corporate actions or securities operations, with at least 2 years in a supervisory or managerial role.

  • Strong understanding of global market practices, SWIFT messaging (MT564–568), and settlement cycles.

  • Experience with systems such as Bloomberg, Reuters, or corporate actions platforms (e.g., Eagle, XSP, or similar).

  • Skills & Competencies

  • Excellent analytical and problem-solving skills.

  • Strong attention to detail and risk awareness.

  • Effective team leadership and people management abilities.

  • Excellent communication and stakeholder management skills.

  • Proficiency in MS Office, particularly Excel; knowledge of VBA or SQL is a plus.

Additional requirements

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.

Company: Charles River Development

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.

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About State Street

State Street

State Street Investment Management — formerly State Street Global Advisors (SSGA) — is an American investment management division of State Street Corporation founded in 1978 and the world's fourth largest asset manager, with nearly US$4.1 trillion in assets under management as of December 31, 2023.

10,001+

Employees

Boston

Headquarters

Reviews

3.5

6 reviews

Work Life Balance

2.5

Compensation

3.0

Culture

2.5

Career

3.2

Management

2.8

35%

Recommend to a Friend

Pros

More opportunity than other banks

Career advancement potential

Financial services experience

Cons

Slow hiring process

Poor Glassdoor reviews

Variance in firm quality opinions

Salary Ranges

76 data points

Junior/L3

Junior/L3 · Business Analyst

2 reports

$134,560

total / year

Base

$117,009

Stock

-

Bonus

-

$127,061

$142,060

Interview Experience

5 interviews

Difficulty

2.6

/ 5

Duration

21-35 weeks

Offer Rate

20%

Experience

Positive 20%

Neutral 60%

Negative 20%

Interview Process

1

Application Review

2

Recruiter Screen

3

Phone Interview

4

Technical/Hiring Manager Interview

5

Final Interview/Offer Stage

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit