State Street
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Subscription Finance Surveillance, Sr. Assoc.
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State Street 3 weeks ago Be among the first 25 applicants Join to apply for the
Subscription Finance Surveillance, Sr. Assoc.
role at
State Street Who We Are Looking For
An incoming Senior Associate on the team should possess a positive attitude and strong quantitative skills. The successful candidate will have an ability to work effectively with internal stakeholders to assist in the surveillance of subscription facilities. Surveillance and monitoring of the portfolio will be a core responsibility. Alternatives Lending sits within the Fund Finance department, which is a key driver of revenue for the division and has $23B of loan commitments. The Alternatives team provides subscription finance products to some of the world’s leading Private Equity Sponsors and Fund of Hedge Fund Managers. The job is located in Boston, MA. Who We Are Looking For
An incoming Senior Associate on the team should possess a positive attitude and strong quantitative skills. The successful candidate will have an ability to work effectively with internal stakeholders to assist in the surveillance of subscription facilities. Surveillance and monitoring of the portfolio will be a core responsibility. Alternatives Lending sits within the Fund Finance department, which is a key driver of revenue for the division and has $23B of loan commitments. The Alternatives team provides subscription finance products to some of the world’s leading Private Equity Sponsors and Fund of Hedge Fund Managers. The job is located in Boston, MA.
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. 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.
What You Will Be Responsible For
As Analyst- Senior Associate will
Assist Analysts and Account Officers in Borrowing Base uploads into Mercatus (Alpha for Private Markets) for subscription credit facilities Match Limited Partners (Investors) in our facilities to Investor Parents in Mercatus Create GEMs ID’s, UCI’s and Ratings for Limited Partners that are not currently in the State Street system Monitor Mercatus for Investor Parent and Limited Partners that are not rated, and create ratings for missing entities Create surveillance documents for Quarterly Exposure Review on the entire portfolio Create Monthly report for Credit Committee Assist in day-to-day management and maintenance of Mercatus platform Respond to requests for information from Enterprise Risk Management, internal audit and bank examiners; maintain high responsiveness and service quality across internal constituencies; Demonstrate the ability to identify, prioritize and escalate critical issues to senior management. Work closely with loan Senior Associates to continue to develop industry knowledge as well as underwriting and portfolio management skills, understanding of policies and procedures for credit and portfolio administration, and management of the legal documentation process. May also be relied upon to handle assigned projects
What We Value
These skills will help you succeed in this role
Strong analytical, credit underwriting and problem-solving skills. Excellent interpersonal, organizational and communication skills. Familiarity with KYC/AML. A positive attitude, a client service mindset and high level of attention to details. Strong excel skills and prior Salesforce experience is desirable.
Education & Preferred Qualifications
Degree in Business, Economics, Finance or liberal arts
About State Street
What we do.
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. 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.
Work, Live and Grow.
We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility.
We truly believe our employees’ diverse backgrounds, experiences and perspective 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 the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range
$52,000 - $91,000 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.
Job Application Disclosure
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.
Job ID: R-776503 Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Financial Services, Investment Banking, and Investment Management Referrals increase your chances of interviewing at State Street by 2x Get notified about new Senior Finance Associate jobs in
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Subscription Finance Surveillance, Sr. Assoc.
role at
State Street 3 weeks ago Be among the first 25 applicants Join to apply for the
Subscription Finance Surveillance, Sr. Assoc.
role at
State Street Who We Are Looking For
An incoming Senior Associate on the team should possess a positive attitude and strong quantitative skills. The successful candidate will have an ability to work effectively with internal stakeholders to assist in the surveillance of subscription facilities. Surveillance and monitoring of the portfolio will be a core responsibility. Alternatives Lending sits within the Fund Finance department, which is a key driver of revenue for the division and has $23B of loan commitments. The Alternatives team provides subscription finance products to some of the world’s leading Private Equity Sponsors and Fund of Hedge Fund Managers. The job is located in Boston, MA. Who We Are Looking For
An incoming Senior Associate on the team should possess a positive attitude and strong quantitative skills. The successful candidate will have an ability to work effectively with internal stakeholders to assist in the surveillance of subscription facilities. Surveillance and monitoring of the portfolio will be a core responsibility. Alternatives Lending sits within the Fund Finance department, which is a key driver of revenue for the division and has $23B of loan commitments. The Alternatives team provides subscription finance products to some of the world’s leading Private Equity Sponsors and Fund of Hedge Fund Managers. The job is located in Boston, MA.
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. 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.
What You Will Be Responsible For
As Analyst- Senior Associate will
Assist Analysts and Account Officers in Borrowing Base uploads into Mercatus (Alpha for Private Markets) for subscription credit facilities Match Limited Partners (Investors) in our facilities to Investor Parents in Mercatus Create GEMs ID’s, UCI’s and Ratings for Limited Partners that are not currently in the State Street system Monitor Mercatus for Investor Parent and Limited Partners that are not rated, and create ratings for missing entities Create surveillance documents for Quarterly Exposure Review on the entire portfolio Create Monthly report for Credit Committee Assist in day-to-day management and maintenance of Mercatus platform Respond to requests for information from Enterprise Risk Management, internal audit and bank examiners; maintain high responsiveness and service quality across internal constituencies; Demonstrate the ability to identify, prioritize and escalate critical issues to senior management. Work closely with loan Senior Associates to continue to develop industry knowledge as well as underwriting and portfolio management skills, understanding of policies and procedures for credit and portfolio administration, and management of the legal documentation process. May also be relied upon to handle assigned projects
What We Value
These skills will help you succeed in this role
Strong analytical, credit underwriting and problem-solving skills. Excellent interpersonal, organizational and communication skills. Familiarity with KYC/AML. A positive attitude, a client service mindset and high level of attention to details. Strong excel skills and prior Salesforce experience is desirable.
Education & Preferred Qualifications
Degree in Business, Economics, Finance or liberal arts
About State Street
What we do.
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. 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.
Work, Live and Grow.
We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility.
We truly believe our employees’ diverse backgrounds, experiences and perspective 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 the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range
$52,000 - $91,000 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.
Job Application Disclosure
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.
Job ID: R-776503 Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Financial Services, Investment Banking, and Investment Management Referrals increase your chances of interviewing at State Street by 2x Get notified about new Senior Finance Associate jobs in
Boston, MA . Boston, MA $120,000.00-$180,000.00 1 month ago Senior Associate, Corporate Finance & Strategy
Senior Finance Associate (Private Equity)
Senior Finance Associate - Private Credit
Boston, MA $90,000.00-$130,000.00 3 weeks ago Boston, MA $75,000.00-$80,000.00 1 year ago Framingham, MA $83,100.00-$106,000.00 2 weeks ago Senior Staff Accountant, Accounts Receivable
Cambridge, MA $67,200.00-$91,100.00 3 weeks ago Associates and Consultants - Finance Focus
Boston, MA $88,000.00-$198,000.00 1 day ago Boston, MA $122,000.00-$195,000.00 2 weeks ago Boston, MA $99,000.00-$110,000.00 2 months ago Senior Finance Manager & Assistant Treasurer
Quincy, MA $150,000.00-$170,000.00 1 week ago Senior Staff Accountant, Accounts Receivable
Cambridge, MA $67,200.00-$91,100.00 3 weeks ago Senior Financial Analyst, Client Support- Boston, hybrid role
Boston, MA $52,000.00-$84,760.00 2 weeks ago Newton, MA $95,000.00-$105,000.00 1 day ago Framingham, MA $101,700.00-$132,200.00 2 weeks ago Boston, MA $80,000.00-$88,000.00 2 weeks ago Boston, MA $99,000.00-$110,000.00 1 month ago Boston, MA $120,000.00-$140,000.00 18 hours ago Boston, MA $100,000.00-$115,000.00 2 weeks ago Boston, MA $83,000.00-$98,000.00 2 weeks ago Senior Finance Associate – Business Development Company
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr