Seeking an Experienced Professional for the Role of Alternative Investment Services Bank Loans Operations Assistant Vice President
The financial services industry is a dynamic, ever-evolving sector that requires professionals with a deep understanding of its complexities. At State Street, we are currently seeking an experienced individual to fill a vital role within our organization. This role is for an Alternative Investment Services Bank Loans Operations Assistant Vice President (AVP), a challenging but rewarding position that requires expertise in managing complex global fund structures, client and team management, multi-point reconciliations, fund accounting, custody, vendor data sourcing, and automation.
What makes this role critical to us? The individual selected for this position will be part of a team that is crucial to the overall success of our organization. We at State Street are relied upon by institutional investors across the globe to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen, we need teams that are capable of navigating both employees and the organization as a whole towards achieving our goals.
Who We Are Looking For
The ideal candidate for this role is someone who possesses strong critical thinking skills and is capable of meeting aggressive deadlines in a high-volume work environment. The role involves acting as the primary point of contact for operational issues, addressing clients’ custom requests, managing the production activities of Client Support Specialists, and coordinating the implementation of new funds, systems, and processes.
What We Value
At State Street, we value individuals who bring a unique set of skills to our team. For this role, we are looking for someone with strong critical thinking, problem-solving, and decision-making skills. Strong interpersonal skills and ethical decision-making are also essential. Furthermore, the ability to work in a team environment, emphasizing collaboration with both clients and other internal service teams, is a must.
Education and Preferred Qualifications
The ideal candidate should possess a BS/BA degree and have a minimum of 5-7 years of related experience, preferably in the financial services industry. Experience in working with Bank Loan asset class is required, along with proficiency in Wall Street Office (WSO).
Compensation and Benefits
The annual salary range for this role is $85,000 – $152,500. The quoted range applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location, the applicable range could differ. State Street offers a comprehensive benefits program, which includes a retirement savings plan with company match, insurance coverage, paid-time off, access to our Employee Assistance Program, incentive compensation, and eligibility for certain tax-advantaged savings plans.
About State Street
At State Street, we are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks. Our commitment to inclusivity extends to all aspects of employment, and we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Interested applicants can discover more information and apply for the role Here.
