Job Title – VP, Income and Corporate Actions COE

Location – India

Who we are looking for

As a Vice President in the Income and Corporate Actions COE, the ideal candidate will support Client Operations and other operational Shared Service teams/Centers of Excellence (COEs) by monitoring and processing custody, accounting, and middle-office-related events accurately and in a timely manner. The candidate will ensure prompt follow-up on exceptions, facilitate timely problem resolution, mitigate operational risk, deliver excellent service to clients, and support effective people management.

Why this role is important to us

The Income and Corporate Actions COE manages end-to-end event processing across custody, accounting, middle office, and claims services for clients. The team processes financial activities that support NAV production, cash and stock projections, and portfolio performance reporting. In this role, you will contribute to process and people development while strengthening risk standards across the team.

What you will be responsible for

As Vice President, you will:

Strategic Planning: Develop and implement operational strategies that support the company’s overall business goals.

Process Optimization: Identify and implement improvements to streamline operations, increase efficiency, and reduce costs. 

Resource Management: Manage people, budget, and technology resources effectively to achieve operational objectives.

Performance Monitoring: Track key performance indicators (KPIs) and key risk indicators (KRIs), identify areas for improvement, and take corrective actions as needed.

Team Leadership: Lead and develop a team of managers and staff within the operations department. 

Budget Management: Manage the operational budget, ensuring efficient resource allocation and cost control.

Collaboration: Partner with leadership teams and cross-functional stakeholders to ensure alignment and coordination across the organization.

Quality Control: Ensure operations deliver high-quality services that meet client needs and internal standards.

Risk Management: Identify and mitigate potential operational risks. 

Deep Knowledge of Income and Corporate Actions: Demonstrate strong understanding of the end-to-end income cycle; mandatory and voluntary corporate action events; event lifecycle from creation to post-payment reconciliation; fund accounting; amortization; bond and dividend concepts; entitlement calculations; market and loan claims lifecycle; and relevant regulations.

What We Value – Key Skills

Results-oriented mindset with strong ownership and accountability

Commercial acumen, including understanding of department-level costs and budgets, with the ability to lead and drive related initiatives

Ability to drive pay-for-performance practices and a culture of performance differentiation

Accountability for end-to-end outcomes across the enterprise, with collaboration across functions, businesses, and locations

Executive presence, stakeholder influence, and effective communication across regional and global stakeholder groups

Ability to embed a risk excellence culture across teams

Ability to encourage and drive a culture of change and ideation

Ability to drive efficiency and automation initiatives, with a sound understanding of technology tools, including AI and Agile frameworks, preferred

Education & Preferred Qualifications

• Bachelor’s or postgraduate degree in commerce or economics, with a specialization in business, accounting, finance, or another finance-related discipline. Inter CA, Inter ICWAI, or CFA pursuit is preferred.
• 16–20 years of experience in accounting, finance, mutual fund operations, loan servicing, income processing, corporate actions, or related functions is preferred.

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 are making our mark on the financial services industry. For more than two centuries, we have been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data and analytics, investment research and trading, and investment management to institutional clients.

Work, Live, and Grow. We make every effort 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 will have access to flexible work programs to help match your needs. Our development programs and educational support will help you reach your full potential.

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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