State Street

Officer, Alternative Investment Services – Bank Loans Operations

State Street

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois, Massachusetts

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Salary

💰 $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
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