Bank Loan Servicing, Officer

Who we are looking for This role 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 a 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 day to day deliverables at our best. What you will be responsible for: 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 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 Employee Benefits Eligibility 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. Equal Opportunity Employer State Street is an equal opportunity and affirmative action employer. Equal Opportunity Statement As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Legal Statement It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. #J-18808-Ljbffr State Street