Alternative Investment Services Bank Loans Operations, Assistant Vice President

State Street • Quincy, MA

25d

About The Position

This roles requires a deep understanding of the complexities of servicing Bank loan debt held in complex global fund structures. The candidate should have a background in client management, team management, multi-Point reconciliations, fund accounting, custody, vendor data sourcing and automation. Strong critical thinking skills and an ability to meet aggressive deadlines in high volume work environment are essential. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute and deliver at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

• Critical thinking, problem solving, and decision making skills
• Communication skill and ethical decision making
• Ability to work in a team environment with emphasis on collaboration with both client and other internal service teams.
• Bachelor’s degree required.
• Must have a minimum of 5-7 years of related experience, preferably in financial service industry
• Experience in working with Bank Loan asset class required
• Proficiency with Wall Street Office (WSO)

Responsibilities

• As Alternative Investment Services Bank Loan Operations AVP, you will serve as main contact and escalation point for internal issues
• Receive and resolve inquiries from client, Relationship Management, Sales, Client Executives, BU Support and BU Sales and ensure timely resolution.
• Maintain and monitor open items, issue, log, project list…
• Custom client request, manage production activity of Support Staff 1, 2 and Senior Staff.
• Assist in the implementation of new funds, system and process. Assist with client conversion and other client projects.
• Implement consistent operational best practices.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefit program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverage; paid-time off including vacation, sick leave, short term disability, and parental care responsibilities; access to our Employee Assistance Program; incentive compensation eligibility for annual performance-based award (excluding certain sales roles subject to sales incentive plan); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees