Who we are looking for

State Street Global Advisors manages and is a promoter of investment funds worldwide. The Global Funds Management team is responsible for handling all processes related to investment fund governance and fund operations, including coordination of board meetings, maintenance of offering documents, taxation, service provider oversight, maintenance of existing cross border registrations with host regulators and listing exchanges, monitoring of fund costs, fund financial reporting and life cycle events.  As such we are looking for an Officer to lead and manage sub-custody account openings and maintenance for our SSGA funds. Candidates must evidence a working knowledge of European fund structures. Successful candidates will demonstrate a continuous improvement and innovation mindset and be technologically savvy.

The role is responsible for managing the sub-custody account opening, maintenance and renewals process for all of our European funds to ensure local regulatory adherence with documented market requests as well as enrolling the SSGA funds into class actions as well as supporting with sub-custody account openings for our US domiciled funds.

Why this role is important to us

Your scope of responsibilities will include managing and coordinating sub-custody market openings ensuring pipeline of activity is prioritized and managed appropriately, ensuring effective onwards communication with key stakeholders, enrolment of funds into class actions, input into team and committee reporting, coordination and completion of regulatory filings, Range Manager and Designated Person support as necessary.

You will coordinate and lead regular regulatory filings, engaging with key stakeholders to ensure consistency and harmonization of the filings across ranges and jurisdictions.  You will also assist in collation of metrics and data to feed into various reports that support our Fund Boards and internal operating units.

We promise to maintain an environment where every employee feels valued and able to meet their full potential. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.

What you will be responsible for

As Market Opening Oversight Manager you will:

Lead on managing the life cycle of sub-custodian accounts for our European funds ensuring harmonization and consistency of approachProject manage, track and prioritize activities based on regulatory need, deadlines set internally or by clientsCoordinate and communicate with core internal and external stakeholders to ensure timely completion of activitiesOversee and report on the service levels of the key external stakeholder supporting on these servicesSupport on sub-custody account openings, renewals and maintenance for US domiciled fundsPreparation of reports to the Fund Boards and SSGA committeesCo-ordinate the class action processCreate, maintain, review and update appropriate procedures and policiesPreparation of quarterly metrics and productivity analysisEnsure timely execution of all BAU processes with a focus on minimizing enterprise risk

What we value

These skills will help you succeed in this role

High level of prioritization and time management skillsEffective written and verbal communication skillsSelf-starterYou will need a high level of initiative and ownershipAttention to detail

Education & Preferred Qualifications

min 2 years relevant experience in fund / funds management or operationsPowerPoint, Excel and Word proficientBackground in operations and knowledge of European fund regulation (e.g. COLL, UCITS, AIFMD) would be helpful.

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street Global Advisors

What We Do. As the asset management arm of State Street Corporation, State Street Global Advisors has served the world’s governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world’s largest asset managers with trillions of dollars under our care.

Our Mission. At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.

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 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 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.

Company: State Street Global Advisors

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