State Street
Alternative Investment Solutions Loans Unit, Assistant Vice President
State Street, Clifton, New Jersey, us, 07015
Job Description
The role of Alternative Investment Solutions Loans Unit (ALU) in the organization is to handle critical and time-sensitive controls, executions, and decisions within investment operations. The team is responsible for the Investment book of records, trade execution, settlements, lifecycle events, corporate action processing, cash and position reconciliation. The successful candidate will be responsible for managing day-to-day delivery of services to several large fund managers. Position includes significant managerial responsibilities, oversight as well as some hands-on delivery of services. This managerial position is within the Private Markets Fund Administration Department of the State Street Alternative Investment Services Group. Responsibilities: Manage a consistent high-quality service delivery to clients across all Regions/Service functions, working closely with GD Client Executive & Client Service Teams. Manage internal workflow and client deadlines. Assist Senior management in the implementation of a new Global Operating Model within the product line of Private Credit. Relationship Building – Manage and develop relationships with clients, Vendors, and internal development teams. Time management – Encourage team resources to create efficiencies, recognizing talent and ensuring training needs are addressed. Client focus – Consistent and active awareness of the client’s needs. Proactively sourcing ways to improve and promote quality. Policies and Procedures – Development and upholding of company policies and procedures. Communication with other areas of the business at a high level – NAV, QA, Development, etc. Create and maintain cash and Position reconciliations, delivering complete recon to the internal Fund accounting teams and clients where necessary. Create efficiencies through technological enhancements and development. Review and/or preparation of various client-related correspondence. Lead ad hoc projects based on client needs or internal process changes. Requirements: In-depth knowledge of the operational management of the following product: Private and Syndicated Loans, Notes, Private Bonds In-depth knowledge of processing functions: Trade intake, Settlements, Lifecycle Events, complex restructures IT Literate Strong knowledge of Geneva for the product set in scope Strong verbal and written communication skills Strong analytical skills Education & Preferred Qualifications: Degree in Accounting or Finance or Business-related area (minimum 2.2 honors degree) ACCA/CIMA/ACA/CPA qualified, or part qualified an advantage A minimum of 4+ years’ experience at management level Salary Range:
$85,000 - $152,500 Annual 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.
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The role of Alternative Investment Solutions Loans Unit (ALU) in the organization is to handle critical and time-sensitive controls, executions, and decisions within investment operations. The team is responsible for the Investment book of records, trade execution, settlements, lifecycle events, corporate action processing, cash and position reconciliation. The successful candidate will be responsible for managing day-to-day delivery of services to several large fund managers. Position includes significant managerial responsibilities, oversight as well as some hands-on delivery of services. This managerial position is within the Private Markets Fund Administration Department of the State Street Alternative Investment Services Group. Responsibilities: Manage a consistent high-quality service delivery to clients across all Regions/Service functions, working closely with GD Client Executive & Client Service Teams. Manage internal workflow and client deadlines. Assist Senior management in the implementation of a new Global Operating Model within the product line of Private Credit. Relationship Building – Manage and develop relationships with clients, Vendors, and internal development teams. Time management – Encourage team resources to create efficiencies, recognizing talent and ensuring training needs are addressed. Client focus – Consistent and active awareness of the client’s needs. Proactively sourcing ways to improve and promote quality. Policies and Procedures – Development and upholding of company policies and procedures. Communication with other areas of the business at a high level – NAV, QA, Development, etc. Create and maintain cash and Position reconciliations, delivering complete recon to the internal Fund accounting teams and clients where necessary. Create efficiencies through technological enhancements and development. Review and/or preparation of various client-related correspondence. Lead ad hoc projects based on client needs or internal process changes. Requirements: In-depth knowledge of the operational management of the following product: Private and Syndicated Loans, Notes, Private Bonds In-depth knowledge of processing functions: Trade intake, Settlements, Lifecycle Events, complex restructures IT Literate Strong knowledge of Geneva for the product set in scope Strong verbal and written communication skills Strong analytical skills Education & Preferred Qualifications: Degree in Accounting or Finance or Business-related area (minimum 2.2 honors degree) ACCA/CIMA/ACA/CPA qualified, or part qualified an advantage A minimum of 4+ years’ experience at management level Salary Range:
$85,000 - $152,500 Annual 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.
#J-18808-Ljbffr