Who we are looking for

State Street Corporation was founded in 1792, listed on the New York Stock exchange in 1995 (NYSE: STT) and is headquartered in Boston. Since our entry into the European market in 1970, State Street has built a strong presence in the region to better serve our clients. Today, with 10,000 employees (as of December 31, 2015) throughout Continental Europe, Ireland and the United Kingdom, we offer local investors a complete range of financial services across the investment spectrum, including investment servicing, investment research and trading, and investment management. In Switzerland, we've grown our staff to more than 200 employees (as of December 31, 2015) since first entering the market in 1998, and our Swiss offices now serve as our competence centers for Performance Services in Continental Europe. When you work with us, you have access to the local market knowledge of our experienced professionals, as well as capabilities and services that are highly scalable and truly global. More importantly, you benefit from our unwavering client focus and commitment to your success.

For the support of our department within the Depositary Bank / Investment Compliance in Zurich we are looking for a Head Representative and Paying Agency.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

You will be joining the Institutional Services function that allows us to deliver a comprehensive, holistic approach to each client relationship — for asset managers and asset owners, insurance companies, and official institutions globally. It means our client-facing functions work together to bring the very best solutions and services the firm has to offer — across all of our locations, products, and capabilities.

Join us if making your mark on the long-lasting client relationships we build is a challenge you are up for.

What you will be responsible for

As Head Representative and Paying Agency you will

• Support in negotiating and drafting agreements such as Representative, Paying Agent or Distribution Agreements
• Examination of fund prospectuses including contracts for collective investment schemes under foreign and Swiss law
• Preparation and submission of applications to FINMA regarding the representation of foreign collective investment schemes
• Support with KYC/AML verification of customers
• Independently answering legal questions from customers with the support of the Legal Team
• Clarify new laws and their impact on the bank's everyday business
• Support in the implementation of new laws and, in some cases, selective monitoring of individual regulatory projects
• Help with the implementation of new laws, guidelines or general changes in the financial center into the business process
• Control of fund documents such as prospectuses, fund contracts, KIIDs and annual reports as well as marketing documents
• Independent support of customers
• Support in developing a strategy for customer acquisition in the area of agent and paying agent business
• Supporting the invoicing and administrative process
• Responsibility of the Representative and Paying Agent department
• Team leadership
• Managing relationships with existing customers and potential customers
• Relationship and reporting to management
• Regular contact and consultation with the local legal manager
• Participation to different meetings (regulatory meeting)

What we value

These skills will help you succeed in this role:

• Ability to work under pressure, prioritize, keep attention to detail
• Strong organizational, communication and analytical skills
• Team player strengths
• Management skills

Education & Preferred Qualifications

• Experience in a custodian bank or/and in portfolio compliance, investment controlling, risk- or asset management.
• Good understanding of the general investment environment, different investment instruments and markets.
• Knowledge in the Swiss legal and regulatory environment (KAG/KKV/KKV-FINMA/BVV2)
• Fluent in German (written and spoken) and advanced knowledge of English

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

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.

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