Ais Bank Loans, Associate 2

Who we are looking for:
Why this role is important to us:
The team you will be joining is a part of State Street Global Delivery (GD). GD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, GD tools help our clients make better investment choices and act on growth opportunities.

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:

- Performs daily maintenance and record keeping for Syndicated Bank Loans held in various Private Equity, BDCs and other alternatives portfolios for various SSC clients
- Processing trades, booking receipts and disbursements
- Daily reconciliation of cash balances
- Producing daily roll-forward proof of portfolio holdings and accrual information
- Preparing standard and ad hoc reporting for both internal and external customers
- Responding to customer queries on a daily basis
- Daily processing of bank loan notices as received from agent banks,
- Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guidelines
- During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
- Research and resolve exceptions and issues
- Receive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessary
- Define and ensure successful completion of ad-hoc requests
- Escalate unresolved issues to management as required
- Perform daily or weekly reporting functions for the team’s activities
- Ensure adherence to Standard Operating Procedures
- Keep up to date on broader internal/external business issues; applies knowledge across team
- Assist management in the implementation of new policies and procedures, participates in projects
- Assist with workflow management and technology enhancements., make suggestions to streamline operations
- Maintain knowledge of current alternative procedures and processes
- Support training of new hires as necessary
- Other tasks as needed.

What we value:
These skills will help you succeed in this role:

- Responsible for performing daily processes accurately and in accordance with defined time frames and client requirements. May have daily contact with Client Service, Client Management, COEs and Business Unit (BU) Shared Service teams.
- Consults with manager where clarification or exception to policy may be required

Education & Preferred Qualifications:

- Bachelor / Masters in Accounting/MBA Finance / Commerce

Additional requirements:

- Ability to adhere to strict timelines
- Good interpersonal and communication skills
- Ability to work under tight timelines
- Willing to work in any shifts.

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program 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.