Bank Loans Operations Associate 2
State Street
full-time
Posted on:
Location Type: Office
Location: Quincy • Massachusetts • United States
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Salary
💰 $41,600 - $66,560 per year
About the role
- Support and assist Client Operations by monitoring and processing custody events
- Ensure timely problem resolution to mitigate risk and deliver service to clients
- Daily maintenance and record-keeping for Bank Loans and Structured portfolios
- Process trades, book receipts and disbursements, and reconcile cash balances
- Prepare standard and ad-hoc reporting for both internal and external customers
- Research and resolve exceptions and issues, interacting with Investment Manager
Requirements
- Experience in Client Operations or similar roles
- Knowledge of custody-related events processing
- Analytical and problem-solving skills
- Ability to generate reports and respond to client queries
- Familiar with financial instruments such as Syndicated Bank Loans
- Ability to work with internal teams and provide detailed reporting per guidelines
Benefits
- Health insurance coverage including basic life, medical, dental, and vision
- Retirement savings plan (401K) with company match
- Paid time off including vacation, sick leave, and family care responsibilities
- Employee Assistance Program
- Incentive compensation including eligibility for annual performance-based awards
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
custody events processingBank LoansStructured portfoliostrade processingcash reconciliationreport generationexception resolutionfinancial instrumentsSyndicated Bank Loans
Soft Skills
analytical skillsproblem-solving skillsclient communicationteam collaborationattention to detail