Alternative Investment Services Bank Loans Operations, Officer at State Street - ScoutJobs - The AI-curated global job board
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State Street
Posted a day ago

Alternative Investment Services Bank Loans Operations, Officer

State StreetAlternative Investment Services Bank Loans Operations, Officer

Perks & benefits

CommissionHealth InsurancePaid Leave

Requirements

BS in Finance, Business or related field, 5+ years Custody or Fund Accounting experience, Management or supervisory experience, Knowledge of securities language and legal requirements, Proficiency in software applications

Skills

AccountingBanking

About the role

Responsibilities

  • Manage day-to-day functional teams and oversee daily service delivery and production activities.
  • Act as the primary contact and key escalation point for operational issues, providing technical expertise to resolve problems.
  • Coordinate the implementation of new funds, systems, and processes, including client conversions and projects.
  • Identify and implement consistent operational best practices to improve efficiency.
  • Train, develop, and motivate staff through coaching, performance appraisals, and ongoing development opportunities.
  • Assist with compliance and fiduciary reviews, audits, and the identification of suspicious transaction activity.
  • Manage production activities for Shared Service Associates and escalate issues to Centers of Excellence (CoE) as needed.

Requirements

  • BS degree in Finance, Business, or a related field.
  • At least 5 years of experience in Custody and/or Fund Accounting.
  • Proven experience in a management or supervisory capacity.
  • Strong knowledge of securities language and legal requirements.
  • Proficiency in various software applications and computer systems.
  • Excellent interpersonal, organizational, and management skills.

Benefits

  • Retirement savings plan (401K) with company match.
  • Comprehensive insurance coverage including medical, dental, vision, life, and long-term disability.
  • Paid time off, including vacation, sick leave, and family care responsibilities.
  • Incentive compensation eligibility, including annual performance-based awards.
  • Access to an Employee Assistance Program and various tax-advantaged savings plans.

About the Company

State Street is a leading global provider of financial services to institutional investors. We help our clients manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where employees are empowered to reach their full potential through development opportunities and vibrant employee networks.

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Alternative Investment Services Bank Loans Operations, Officer

State Street · Boston

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