Asset Owners and Insurance Lending – Global Credit Finance, Vice President

State Street•Boston, MA

About The Position

The Global Credit Finance (GCF) division at State Street provides a range of financial solutions to support clients across the bank. It is a global division with approximately 150 employees worldwide. The Asset Owner and Insurance Lending team in GCF offers liquidity and credit products to a diverse group of State Street clients, including municipalities, non-profits, corporates, and insurance companies. This Vice President role serves as the lending officer responsible for client relationship management, focusing on originating, structuring, and executing new transactions, managing client relationships, and coordinating internal resources to deliver high-quality lending solutions. The role involves close collaboration with a dedicated credit officer for credit underwriting and approval processes. The team plays a crucial role in the organization's success, helping institutional investors manage risk, respond to challenges, and drive performance. The ideal candidate will contribute to cutting-edge, straightforward, and scalable solutions, building resilience and executing daily deliverables effectively within the financial services industry.

Requirements

Demonstrated strength in relationship management and transaction origination, including deal structuring and execution
Working proficiency in credit analysis and risk considerations
Excellent interpersonal and communication (written and verbal) skills
Proven ability to work cross-functionally and coordinate effectively with diverse stakeholders
Understanding of banking regulations and compliance requirements applicable to commercial lending
Bachelor’s degree in finance, business, economics, accounting, or a related field
5-7 years of progressive commercial lending experience, with exposure to corporate, insurance, municipal, and/or not-for-profit clients

Nice To Haves

MBA, CFA, or similar advanced credential preferred
Formal credit training program experience preferred

Responsibilities

Serve as a relationship-focused lender for assigned clients, maintaining fulsome relationships and engaging with clients to deliver appropriate credit solutions
Source, develop, and maintain pipeline of new credit opportunities that align with portfolio and client strategy
Originate, structure, and negotiate a range of liquidity and credit facilities, including liquidity facilities, letters of credit, revolving lines of credit, and term loans, in bilateral and syndicated transactions
Partner closely with internal sales and relationship management teams to support broader client strategy, including acquisition, retention, and expansion of client relationships
Coordinate with credit officer to obtain credit approval for portfolio transactions and conduct ongoing surveillance, including annual reviews and internal risk ratings
Ensure adherence to credit policies and underwriting standards across all assigned relationships

Benefits

generous medical care
insurance
savings plans
flexible Work Program
wealth of development programs
educational support
inclusive development opportunities
flexible work-life support
paid volunteer days
matching gift program
access to employee networks
retirement savings plan (401K) with company match
basic life insurance coverage
dental insurance
vision insurance
long-term disability insurance
other optional additional coverages
paid-time off including vacation
sick leave
short term disability
family care responsibilities
access to our Employee Assistance Program
incentive compensation including eligibility for annual performance-based awards
eligibility for certain tax advantaged savings plans