State Street Global Advisors (“SSGA”) manages and is a promoter of around 350 European funds in multiple domiciles (Luxembourg, UK, Ireland and France). The European Funds Management team is responsible for handling all processes related to the day to day running of the funds and fund governance; including cross border registrations, coordination of board meetings and offering documents (prospectus, KIIDs, KIDs) and oversight of core service providers. We also oversee the fund financial statement preparation process and audits thereof.
As an intern working across the European Funds Management and International Product Teams, you will work closely with a range of internal and external stakeholders across the full Product and Funds Management ecosystem and lifecycle covering research and innovation to product development, working with registrations and service provider oversight. Your scope of responsibilities will be to support the respective teams execute on day to day tasks aligned to the firm’s strategic initiatives including supporting the development, launch, register and listing of new European funds, oversee and maintain existing country and tax registrations across different jurisdictions, with particular focus on the post Brexit Overseas Fund Regime requirements as well as support all aspects of the market/sub-custody account opening and oversight of service providers process.
We are looking for an ambitious, hardworking and self-reliant individual to work across our European Funds Management and International Product Teams.
About the Opportunity:
As a part of the team,– the Intern will be responsible for:
Develop, support and execute on SSGA’s EMEA product roadmap and provide insights to the global product roadmap, including in relation to sustainable investing.
Assist the team on product strategy, developing business cases, product design features and supporting Fund and ETF launches. Work cross-functionally to develop and position the firm's EMEA product range.
Assisting in managing and maintaining new and existing cross border registrations and tax reporting status of all SSGA European Funds, according to regulatory and business requirements.
Supporting the Overseas Fund Regime process for registrations of SSGA funds distributed in the UK.
Assisting in completion of the market/sub-custody account opening documentation.
You will contribute to business initiatives as part of the wider European Funds Management team.
You will support the Service Provider Oversight Manager and dedicated Product Managers with day-to-day tasks and projects related to SSGA Funds.
Qualifications:
Working towards a Bachelor's/Master's degree in an economic subject (e.g. Finance, Economics, Mathematics, Econometrics, Databases or similar).
Strong Microsoft Office Packages skills.
Excellent oral and written interpersonal skills, ability to communicate at all levels of the organisation.
Willingness to learn, “can do” attitude and focus on efficiency.
Ability to work successfully in a self-motivated environment.
Passionate about financial markets.
Skill Development Opportunities
As the International Product & European Funds Management Support – Intern, you will have the opportunity to gain the following skills and learning:
Broaden knowledge about financial product and markets with a focus on European Funds and regulations, with a particular focus on the Overseas Fund Regime.
Develop in-depth familiarity with the fund ranges (covering mutual funds and ETFs) in Europe and how they operate and are registered across various jurisdictions.
You will get familiar with the full lifecycle process from market and product research, development and market/sub-custody account opening.
Build network of contacts across the Product and European Funds Management Teams, external and internal stakeholders within State Street Global Advisors.
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 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.
Discover more at StateStreet.com/career
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