
Posted 24 days ago
Assistant Manager, Global Credit Finance - Loan Servicing
State StreetAssistant Manager, Global Credit Finance - Loan Servicing
Requirements
10 years Loan Operations experience, Bilateral, Agented and Non Agented knowledge, Accounting understanding, Microsoft Excel proficiency, Bachelor's degree, Loan IQ knowledge preferred
Skills
ExcelLoan IQ
About the role
Responsibilities
- Supervise day-to-day credit facility servicing, including deal closing, drawdowns, rollovers, repayments, and rate-fixings
- Monitor team performance to ensure all SLAs are met and escalate exceptions immediately
- Initiate cash movements via internal transfers, Fed wire, and SWIFT
- Reconcile general ledger and demand deposit accounts, documenting discrepancies in a timely manner
- Manage interest and fee logs and handle Letters of Credit maintenance
- Act as a Subject Matter Expert (SME) to handle complex process queries and provide training to team members
- Drive 100% compliance with process-related policies, guidelines, and controls
- Implement knowledge management models, including the maintenance of SOPs and process change management
- Identify and drive process improvements to increase productivity and efficiency
Requirements
- Approximately 10 years of experience in Loan Operations (Bilateral, Agented, and Non-Agented)
- Bachelor's degree or equivalent
- General understanding of accounting principles
- Proficiency with Microsoft Excel
- Strong organizational skills with the ability to prioritize under tight deadlines
- Ability to work in Bangalore and openness to all shifts, including night shifts
Preferred Qualifications
- Knowledge of loan systems such as Loan IQ
- Prior banking or lending industry experience
About the Company
State Street is a global leader that helps institutional investors manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where every employee feels valued and empowered to reach their full potential.
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Get started — it's freeAssistant Manager, Global Credit Finance - Loan Servicing
State Street · Bangalore
