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Transfer Agent, Registration - Internship

State Street Corporation
Luxembourg, Luxembourg
Closing date
Feb 24, 2024

View more

Job Function
Industry Sector
Finance - General
Employment Type
Full Time

IFDS, established in 2007, is a market leader in Transfer Agency Services committed to providing high quality services and technology to our clients, with European offices in Dublin and Luxembourg. IFDSL is owned equally by SS&C Technologies Holdings, Inc. and State Street Bank Corporation.

IFDSL services and supports a diverse range of products across multiple fund domiciles on behalf of global Asset Managers. Our unique set up provides the expertise, scale, technology and strategic support and partnership to our clients. We are deeply involved, with the support of our Shareholders, in the evolution of our Industry, towards more Innovation and Digital transformation.

IFDS Luxembourg currently services a total of €1,100 billion AUM for some of the most sophisticated and demanding asset managers in the industry. Our footprint in Luxembourg is about 320 people and we have more than 700 people globally supporting our Luxembourg businesses.

Our Mission and Values:
Our mission is to 'build great experiences for our clients, their customers and our employees'.
This is achieved through our values of 'PACE & L': Professional, Accountable, Client Focused, Excellence and Leadership.

We are looking for a Registration Transfer Agent intern and happy to help students to take their mandatory internship with school agreement, share their fresh ideas and have working exposure with us to enhance their career in the financial services industry.

Your Role
You will be helping with Registration Account opening and maintenance performing in line with Lux regulatory requirements; you will also be supporting the review and implementation of data quality processes complying with the regimes of Client Asset and Data protection.

Your Team
You'll be supporting the BAU (Business as Usual i.e. day to days Ops) Registration department, directly reporting into a Team Leader and applying the PACE & L values - Professional, Accountable, Client Focused, Excellence and Leadership - in all tasks and interactions.

Your Responsibilities
  • Registration Account opening (onboarding of new investors into our client's Mutual Funds).
  • Ensure all accounts adhere to internal KYC (Know Your Customer) and AML (Anti Money Laundering) policy.
  • Reporting any suspicious behavior in relation to AML guidelines.
  • Certain static data maintenance on the register in line with Lux regulatory requirements and internal rules, policies and procedures.
  • Review practices, monitor service levels and implement change where necessary.

Your Profile
  • Bachelor Degree (Completed or in progress) - Financial or Business education would be an asset.
  • Good working knowledge of MS Office suite including Outlook, Word and Excel.
  • Excellent administrative skills, with the ability to work under pressure while maintaining calm, high accuracy and quality standards, and meet the deadlines.
  • A clear and precise methodological approach to problem-solving; organization skills; team-oriented, enthusiastic and flexible.
  • Excellent communication skills - Fluent in English (written and verbal).
  • Additional EU languages such as German, Dutch, French, Spanish or Italian would be an added value.

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 the 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.

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