Jobs · Management · Massachusetts

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

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