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For Companies At a Glance
- Tasks: Join our Corporate Actions team to process client responses and manage corporate actions accurately.
- Company: State Street is a leading global custodian bank and asset manager with a commitment to innovation.
- Benefits: Enjoy flexible work options, competitive medical care, and comprehensive benefits packages.
- Why this job: Make your mark in finance while working in a diverse, inclusive environment that values your contributions.
- Qualifications: A degree is preferred; understanding of financial services is a plus but not essential.
- Other info: Full training provided; we value detail-oriented, problem-solving team players.
The predicted salary is between 28800 - 43200 £ per year.
Job Description
This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Job Description
Who we are looking for
Corporate Actions Administrator (A2)
Based in Edinburgh, as member of State Street's Corporate Actions team you are responsible for the processing of Corporate Actions activity our global custody and middle office clients and investment managers across Global markets.
The candidate will be responsible for the accurate capture and validation of corporate actions responses, processing of Corporate Actions instructions to market, posting of client Corporate Actions entitlements, client inquiries and ensuring reporting deliverables are resolved within client service level agreements and agreed quality standards.
Working in a global team, the candidate will liaise with colleagues and providers across multiple time zones.
An understanding of the 'end to end' Corporate Actions workflow is desirable.
Full training will be provided.
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS' tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As Corporate Actions Administrator you will
- Working in a global team you will be required to liaise with colleagues and providers across multiple time zones
- Responsible for the processing of clients responses to our global custody and middle office clients and investment managers.
- Accurate processing of Corporate Actions Instructions to the market based on client elections
- Accurate and timely posting of client entitlements relating to Corporate Actions events
- Prioritise workload to ensure all daily tasks are completed
- Collate and review daily reporting
- Ensure timely escalation and resolution of pertinent issues
- Participate in projects and initiatives aimed at improving the Corporate Actions product
- Support the 'Risk Excellence' culture within the business
- Adhere to limits of delegation and escalation procedures required by your manager so that you comply with internal policies and external regulations
- Deliver effective client service
What we value
These skills will help you succeed in this role
- Detail oriented and accuracy
- Problem solving skills
- Ability to multi-task
- Ability to work under pressure and meet deadlines.
- Customer focused approach
- Flexible and positive attitude
- Team player
Education & Preferred Qualifications
- An understanding of the financial services industry (preferred)
- Educated to a degree level (preferred)
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.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organisation and our clients. We warmly welcome 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 programs 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
#LI-DNI
Corporate Actions Administrator Associate 2 employer: State Street
Contact Detail:
State Street Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Corporate Actions Administrator Associate 2
✨Tip Number 1
Familiarise yourself with the Corporate Actions workflow. Understanding the end-to-end process will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of State Street, especially those in the Corporate Actions team. They can provide valuable insights into the company culture and expectations for the role.
✨Tip Number 3
Brush up on your problem-solving skills. Be prepared to discuss how you've handled challenging situations in the past, as this role requires a customer-focused approach and the ability to work under pressure.
✨Tip Number 4
Showcase your flexibility and positive attitude during any interactions. State Street values a team player mentality, so emphasising your collaborative spirit can set you apart from other candidates.
We think you need these skills to ace Corporate Actions Administrator Associate 2
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Corporate Actions Administrator. Familiarise yourself with the key tasks mentioned in the job description, such as processing corporate actions and liaising with global teams.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your attention to detail, problem-solving abilities, and any experience in financial services or corporate actions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention why you are interested in State Street and how your background makes you a suitable candidate for the Corporate Actions team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is accurate and presented clearly. A polished application reflects your professionalism.
How to prepare for a job interview at State Street
✨Understand Corporate Actions
Make sure you have a solid grasp of what Corporate Actions are and their significance in the financial services industry. Familiarise yourself with the end-to-end workflow, as this will demonstrate your commitment and understanding during the interview.
✨Showcase Attention to Detail
As a Corporate Actions Administrator, accuracy is key. Prepare examples from your past experiences where your attention to detail made a difference. This could be in previous jobs, academic projects, or even personal tasks.
✨Demonstrate Problem-Solving Skills
Be ready to discuss how you've tackled challenges in the past. Think of specific instances where you identified a problem, proposed a solution, and successfully implemented it. This will highlight your ability to think critically under pressure.
✨Emphasise Teamwork and Communication
Since you'll be working in a global team, it's important to show that you can collaborate effectively across different time zones. Share experiences where you worked as part of a team, especially in diverse environments, and how you communicated effectively to achieve common goals.
