Income Processing - Manager
<br /><p style="color:!important"><b><span style="font-size:inherit">Who we are looking for</span></b></p><br /><p style="color:!important">As an Income COE Officer, the ideal candidate will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody, accounting, middle office related events to the fund’s records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients and people management.</p><br /><p style="color:!important"><b><span style="font-size:inherit">Why this role is important to us</span></b></p><br /><p style="color:!important">Income COE deals with end to end processing of events across custody, accounting, middle office and claims services for our clients. This involves processing of many financial activities which will help other team to derive at NAV to the client, As part of Income COE you will be required to contribute towards development of Process, people and Improve Risk standards for the team.</p><br /><p style="color:!important"><b><span style="font-size:inherit">What you will be responsible for</span></b></p><p style="color:!important">As Officer you will:</p><ul><li><b><span style="font-size:inherit">Process Optimization: </span></b><span style="font-size:inherit">Identify and implement improvements to streamline operations, increase efficiency, and reduce costs. </span></li><li><b><span style="font-size:inherit">Resource Management</span></b><span style="font-size:inherit">: Manage resources (people, budget, technology) effectively to achieve operational objectives. </span></li><li><b><span style="font-size:inherit">Performance Monitoring: </span></b><span style="font-size:inherit">Track key performance indicators (KPIs) and identify areas for improvement, taking corrective actions as needed. </span></li><li><b><span style="font-size:inherit">Team Leadership: </span></b><span style="font-size:inherit">Lead and develop a team of managers and staff within the operations department.</span></li><li><b><span style="font-size:inherit">Collaboration: </span></b><span style="font-size:inherit">Work with other executive teams to ensure alignment and coordination across the organization. </span></li><li><b><span style="font-size:inherit">Quality Control: </span></b><span style="font-size:inherit">Ensure that the company's operations deliver high-quality products or services that meet customer needs. </span></li><li><b><span style="font-size:inherit">Risk Management: </span></b><span style="font-size:inherit">Identify and mitigate potential operational risks. </span></li><li><b><span style="font-size:inherit">Deep knowledge of Income and Corporate Actions:</span></b><span style="font-size:inherit"> Understanding the end to end income cycle, fund accounting, amortization, concepts on bonds, dividends, entitlement calculations , amortization, market and loan claims lifecycle, middle office operations and relevant regulations. </span></li></ul><br /><p style="color:!important"><b><span style="font-size:inherit">What we value- </span></b>Key Skills:</p><ul><li><span style="font-size:inherit">Result-oriented with an ownership and accountability mindset</span></li><li><span style="font-size:inherit">Commercial acumen - Understanding of cost/budgets</span></li><li><span style="font-size:inherit">Drive pay for performance and culture of performance differentiation</span></li><li><span style="font-size:inherit">Executive presence, managing with influence and effective communication across stakeholder groups both regionally and globally</span></li><li><span style="font-size:inherit">Embed risk excellence culture across the teams</span></li><li><span style="font-size:inherit">Encourage and drive a culture of change and ideation</span></li><li><span style="font-size:inherit">Drive efficiency and automation initiatives . Sound understanding of technology tools around AI, Agile framework is preferred.</span></li></ul><br /><br /><p style="color:!important"><b><span style="font-size:inherit">Education & Preferred Qualifications</span></b></p><br /><ul><li><span style="font-size:inherit">Bachelor’s Degree in Commerce / Economics with a specialization n Business, Accounting, Finance or another Financial related program. Inter C.A. / Inter ICWAI or CFA (pursuing) will be preferred</span></li><li><span style="font-size:inherit">10-16 years’ experience in accounting, finance, mutual fund operations, loan servicing or related careers (preferred).</span></li></ul><p></p><h1><span class="emphasis-3"><b>About State Street</b></span></h1><p></p><p>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.</p><p></p><p>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.</p><p></p><p>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.</p><p></p><p>Discover more information on jobs at <a target="_blank" href="">StateStreet.com/careers</a></p><p></p><p>Read our <a target="_blank" href="">CEO Statement</a></p>