Global Credit Finance

1 week ago

Bengaluru Karnataka, India State Street Full time

Who we are looking for

Global Credit Finance (GCF) Loan Operations provides operational support to the GCF division of Markets and Financing. Loan Servicing Unit (LSU) Associate is needed to service credit facilities on the Bank’s loan accounting system, process cash transfers and perform reconcilements.

This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As a Senior Associate you will:
- Review transactional documentation and process principal, interest and fee transactions on loan accounting system- Initiate cash movements via internal transfer and Fed wire/SWIFT- Reconcile general ledger/demand deposit accounts, document discrepancies timely

Education & Preferred Qualifications
- 3+ years of loan operations and servicing support- General understanding of accounting- Proficiency with Microsoft Excel- Good organizational skills and the ability to prioritize under tight deadlines- Prior banking and/or lending knowledge beneficial

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

State Street is an equal opportunity and affirmative action employer.

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