State Street
Alternative Investment Services Bank Loans Operations, Assistant Vice President
State Street, Quincy, Massachusetts, us, 02171
Alternative Investment Services Bank Loans Operations, Assistant Vice President
Join to apply for the
Alternative Investment Services Bank Loans Operations, Assistant Vice President
role at
State Street .
Who We Are Looking For This role 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 a high‑volume work environment are essential.
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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting‑edge solutions that are straightforward and scalable, helping us build resilience and execute day‑to‑day deliverables at our best.
What You Will Be Responsible For
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
Coordinate the implementation of new funds, systems and processes. Assist with client conversions and other client projects
Identify and implement consistent operational best practices
What We Value
Strong critical thinking, problem solving, and decision‑making skills
Strong interpersonal skills and ethical decision making
Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams
Education & Preferred Qualifications
BS/BA degree required. Must have a 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)
Salary Range $85,000 - $152,500 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.
Benefits Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax‑advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
Equal Opportunity Employer We are an Equal Opportunity Employer, considering all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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 Job ID: R-780672
#J-18808-Ljbffr
Alternative Investment Services Bank Loans Operations, Assistant Vice President
role at
State Street .
Who We Are Looking For This role 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 a high‑volume work environment are essential.
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. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting‑edge solutions that are straightforward and scalable, helping us build resilience and execute day‑to‑day deliverables at our best.
What You Will Be Responsible For
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
Coordinate the implementation of new funds, systems and processes. Assist with client conversions and other client projects
Identify and implement consistent operational best practices
What We Value
Strong critical thinking, problem solving, and decision‑making skills
Strong interpersonal skills and ethical decision making
Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams
Education & Preferred Qualifications
BS/BA degree required. Must have a 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)
Salary Range $85,000 - $152,500 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.
Benefits Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax‑advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
Equal Opportunity Employer We are an Equal Opportunity Employer, considering all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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 Job ID: R-780672
#J-18808-Ljbffr