Market Opening Oversight Manager, State Street Global Advisors, Officer

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 approach
• Project manage, track and prioritize activities based on regulatory need, deadlines set internally or by clients
• Coordinate and communicate with core internal and external stakeholders to ensure timely completion of activities
• Oversee and report on the service levels of the key external stakeholder supporting on these services
• Support on sub-custody account openings, renewals and maintenance for US domiciled funds
• Preparation of reports to the Fund Boards and SSGA committees
• Co-ordinate the class action process
• Create, maintain, review and update appropriate procedures and policies
• Preparation of quarterly metrics and productivity analysis
• Ensure 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 skills
• Effective written and verbal communication skills
• Self-starter
• You will need a high level of initiative and ownership
• Attention to detail

Education & Preferred Qualifications

• min 2 years relevant experience in fund / funds management or operations
• PowerPoint, Excel and Word proficient
• Background 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 marke