Alternative Investment Services Bank Loans Operations, Assistant Vice President
State Street · Boston, MA · 2 wk ago
Management$90k–$158k/yrFull-time
About the role
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.
Responsibilities
- Act as primary contact and escalation point for operational issues
- Receive and resolve inquiries from client, Client Management, COEs, BU Shared Services and BU Client Service and ensure timely resolution
- Maintain and monitor open items, issues, logs, project lists
- Address custom client requests, manage production activities of Client Support Specialists 1, 2 and Senior Specialists
- Cookordinate the implementation of new funds, systems and processes
- Aid with client conversions and other client projects
- Identify and implement consistent operational best practices
Qualifications
- BS/BA degree required
- Minimum of 5-7 years of related experience, preferably in financial services industry
- Experience in working with Bank Loan asset class required
- Proficiency with Wall Street Office (WSO)
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 Employee Assistance Program
- Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
- Eligibility for certain tax advantaged savings plans
Pay
$90,000 - $157,500 Annual
Schedule
Full-time