Who we are looking forThis roles requires a deep understanding of servicing bank loan debt held in complex global fund structures. The candidate should have a background in client management, ,strong critical thinking skills and an ability to meet aggressive deadlines in high volume work environment are essential.
What you will be responsible for:As Loan Services Specialist, Officer, you will be
- Performing daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients.
- Processing new trades and trade settlements on accounting records
- 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,
- Interact with the Investment Manager on their assigned portfolios, performing ad hoc requests and providing daily reporting per client specific guidelines
- The individual will work closely with their mutual fund counterpart, providing Loan related reports to be incorporated into the final NAV Calculation.
- During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
- Other tasks as needed.
What we value These skills will help you succeed in this role
- 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.
Salary Range: $60,000 - $101,250 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits 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 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 (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
