Loan Service

1 day ago

Bengaluru, India State Street Full time

Job Location

Bangalore, India

Hiring Manager

Shepard, Robyn

Impact Statement

Global Credit Finance (GCF) Loan Operations provides operational support for several GCF products within Finance.

Loan Servicing Unit (LSU) Associate is needed to service credit facilities on the Bank’s loan accounting system(s), process related cash transfers and perform reconcilements/exception report reviews.

Primary Responsibilities
- 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

Required Skills or Certifications
- 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

Success Capabilities
- Strong interpersonal and communication skills necessary
- Must be detail oriented with ability to perform general analysis of credit documentation
- Ability to work with others to accomplish tasks

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