Bank Loan Services Operations, Senior Associate

State Street • Kansas City, KS

7d • Onsite

About The Position

This role 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 a high volume work environment are essential. 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 day to day deliverables 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

• BS/BA degree required.
• Must have a minimum of 1-3 years of related experience, preferably in financial services industry
• Experience in working with Bank Loan asset class required
• Proficiency with Wall Street Office (WSO)
• Strong critical thinking, problem solving, and decision making skills
• Strong interpersonal skills and ethical decision making
• Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams.

Nice To Haves

• background in client management, team management, multi-point reconciliations, fund accounting, custody, vendor data sourcing and automation.

Responsibilities

• Performs daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients
• Processing trades, booking receipts and disbursements
• Daily reconciliation of cash balances
• Producing daily roll-forward proof of portfolio holdings and accrual information
• Preparing standard and ad hoc reporting for both internal and external customers
• Responding to customer queries on a daily basis
• Daily processing of bank loan notices as received from agent banks
• Other tasks as needed

Benefits

• retirement savings plan (401K) with company match
• insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• paid-time off including vacation, sick leave, short term disability, and 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
• inclusive development opportunities
• flexible work-life support
• paid volunteer days

What This Job Offers

• Job Type: Full-time
• Career Level: Senior