Who we are looking for

We are seeking an experienced Senior Associate‑level professional for our Equity Swaps Corporate Actions team, responsible for overseeing and executing day‑to‑day BAU processing for Equity Swaps in line with the operating model, internal SLAs, and control frameworks.

The role sits within State Street Markets Operations Financing Solutions business, supporting the Prime Services Equity Swaps product. The Officer will act as a key point of escalation and subject matter expert, partnering closely with Trading, Swap Operations, Stock Loan, Custody, and Risk teams to manage mandatory and voluntary events, restrictions, and lifecycle processing in a controlled, audit‑ready environment. Corporate actions on equity swaps represent a high‑risk, high‑complexity operational area where errors can directly impact P&L, client outcomes, and regulatory posture. As an Officer, this role plays a critical part in safeguarding economic neutrality, ensuring accurate processing outcomes, and reinforcing a strong control and escalation framework across synthetic and hedge books.

Why this role is important to us

The team you will be joining is a part of State Street Markets which is transforming our operating model that provides support to sales and trading desks across all regions EMEA, APAC and North America 24/6. Since synthetic market access is growing globally, Prime Services are expanding their product offering to include Equity Swaps. Clients take advantage of a range of financing solutions, from memo-pledge and self-financing to self-borrow and repledge. Our Secured financing solution offers accessibility to cash investment and financing outlets for a wide range of institutional participants. State Street is one of the largest agent's 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 to make your mark in the capital markets industry.

What you will be responsible for

As Equity Swaps Corporate Actions (Prime Services)-Senior Associate you will

• Execute day‑to‑day processing of mandatory and voluntary corporate actions and dividend events impacting Equity Swaps portfolios.

• Support event lifecycle activities including event capture, entitlement calculation, election processing, and settlement of cash and stock outcomes.

• Assist in managing voluntary corporate action elections, including tracking instructions, validating inputs, and monitoring outcomes.

• Ensure accurate booking of corporate action adjustments across swap and custody accounts.

• Investigate and resolve breaks related to positions, entitlements, or cash flows, escalating unresolved items in line with procedures.

• Execute assigned daily, event‑based, and monthly controls in accordance with documented procedures.

• Liaise with internal teams including Swap Operations, Trading, Stock Loan, and Custody to support event processing and issue resolution.

• Support responses to internal and external queries related to swap‑linked corporate actions and income events.

What we value

These skills will help you succeed in this role

• Strong attention to detail with the ability to follow documented procedures in a controlled environment.

• Solid reconciliation and investigation skills, with the ability to identify when issues require escalation.

• Comfortable working under time pressure, especially around critical dates and market deadlines.

• Clear written and verbal communication skills.

• Strong communication (written and verbal), interpersonal, organizational, and time management skills

• Ability to think critically and resolve complex problems

• Drive automation initiatives to improve operational efficiency

What you will bring to the role

• Front-to-back knowledge of the Equity Swap Operations processes, markets and instruments.

• Hands-on experience and working knowledge in Front office exception management, Middle office systems, Settlement / Payment department & understanding Swap lifecycle

• Familiarity with systems such as NUVO, TRAIANA, DUCO, etc. will be an added advantage.

Education & Preferred Qualifications

• Working knowledge of corporate action event types, key dates, and processing flows.

• Prior experience supporting Prime Brokerage, Prime Services, or Equity Derivatives operations.

• Exposure to both synthetic and physical equity processing models.

• Familiarity with swap processing tools, custody platforms, or corporate action event capture systems.

• Good communication skills both written and oral.

• 3-6+ years of experience in Corporate Actions, Asset Servicing, or Investment Operations, preferably supporting Equity Swaps, Delta One products, or Prime Services.

Additional requirements

• Knowledge of Macros, SQL & MS Access Database queries will be an added advantage.

• Shift Timings: 7pm to 4 am IST (NA Shift)

• Persona: 4 days work from office

• Location: Mumbai

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 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.

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