Officer, Alternative Investment Services – Bank Loans Operations
State Street
full-time
Posted on:
Location: Illinois, Massachusetts • 🇺🇸 United States
Visit company websiteSalary
💰 $70,000 - $115,000 per year
Job Level
Mid-LevelSenior
About the role
- 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
- Act as primary contact and escalation point for operational issues
- Manage and escalate issues related 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, compile related documentation, assist with agenda and record notes/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 and provide coaching
- Serve on committees and help define/implement new company initiatives
- Identify and report any unusual or potentially suspicious transaction activity in accordance with corporate policy
- Other duties as assigned
Requirements
- 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
- Knowledge of securities language and legal requirements
- Good interpersonal, organizational and management skills
- Solid understanding of operational functions within 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