Alternative Investment Services Bank Loans Operations, Officer

About the role

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. 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.

Responsibilities

• Account for the day-to-day management of a functional team(s) and manage daily service delivery and production activities performed by staff.
• Primary contact and key escalation point for operational issues; provide technical expertise to resolve daily problems.
• Manage and escalate issues related to Centers of Excellence (CoE’s) and other Shared Services.
• Manage production activities of Shared Service Associate I, II, and Senior Associate.
• Coordinate the implementation of new funds, systems, and processes. Assist with client conversions and other client projects.
• Organize Shared Service internal meetings, as needed, and compile related documentation, assisting with the coordination and development of the agenda; may attend meetings to record notes and action items.
• Identify and implement consistent operational best practices.
• Assist with compliance/fiduciary reviews and audits.
• Train, develop, and motivate new staff; complete performance appraisals.
• Provide coaching and development opportunities to staff; participate in individual on-going training and development.
• Serve on committees. Help define and implement new company initiatives.
• 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 duties as assigned.

Requirements

• Knowledge of securities language and legal requirements.
• Good interpersonal, organizational, and management skills.
• Solid understanding of operational functions within Custody and/or Fund Accounting.
• Ability to provide technical expertise to resolve daily problems.
• Demonstrated computer proficiency and working knowledge of various software applications.
• Ability to develop and enhance client relationships.

Qualifications

• Equivalent to a BS degree in Finance, Business, or related field.
• At least 5 years of related Custody and/or Fund Accounting experience, part of which must have been in a management or supervisory capacity.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. We truly believe our employees’ diverse backgrounds, experiences, and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality.

Benefits

• Retirement savings plan (401K) with company match.
• Insurance coverage including basic life, medical, dental, vision, and long-term disability.
• Paid-time off including vacation, sick leave, short-term disability, and family care responsibilities.
• 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.
• Paid volunteer days.
• Matching gift programs.
• Access to employee networks that help you stay connected to what matters to you.

Pay

Salary Range: $70,000 - $122,500 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, the applicable range could differ.