Assistant Manager, Global Credit Finance - Loan Servicing at State Street - ScoutJobs - The AI-curated global job board
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State Street
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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Assistant Manager, Global Credit Finance - Loan Servicing

State Street · Bangalore

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