Introducing the Role of Bank Loans Vice President
As the Bank Loans Vice President, we are seeking a candidate with deep-seated knowledge of the Bank Loan asset class and the numerous internal and external dependencies required to effectively manage end client delivery. This task will be executed by several staff members under your supervision. The candidate must have experience or exposure to various financial services sectors such as Fund Accounting, Custody, Financial Reporting, Recon, Fund Operations, Trade Processing, Middle Office, Risk Oversight, Relationship Management, Automation and Management Reporting.
The Significance of the Role
The importance of the role you will be filling cannot be overstated. As an integral part of our team, your role will be instrumental in achieving the overall success of the organization. Clients across the globe, particularly institutional investors, depend on us to help manage their risk, respond to challenges, and drive performance and profitability. To meet these expectations, we need teams like yours to guide employees and the organization as a whole. As the Bank Loans Vice President, your role will involve the development of innovative, straightforward, and scalable solutions. You will help us build resilience and execute day-to-day deliverables at our best. If you are up for the challenge of making a significant impact in the financial services industry from day one, we invite you to join our team.
Your Responsibilities
As the Bank Loans Vice President, your responsibilities will include:
- The responsible oversight of complex daily operations and processes.
- Acting as the primary contact and escalation point for operational issues.
- Resolving inquiries from clients and various internal teams in a timely manner.
- Addressing custom client requests and managing production activities AVP and Officer teams.
- Coordinating the implementation of new funds, systems, and processes, and assisting with client conversions and other projects.
What We Value in a Candidate
We are looking for individuals with strong critical thinking, problem-solving, and decision-making skills. Your strong interpersonal skills and ethical decision-making will be an asset to our team. The ability to work in a team environment, with a focus on collaboration with both clients and other internal service teams, is essential.
Education & Preferred Qualifications
- A BS/BA degree is required, along with a minimum of 8-10 years of related experience, preferably in the financial services industry.
- Experience in working with the Bank Loan asset class is a must.
- Proficiency with Wall Street Office (WSO).
Remuneration Details
The annual salary range for this role is $110,000 – $192,500. This 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.
About State Street
At State Street, we keep our clients at the heart of everything we do. We recognize that smart, engaged employees are essential to our continued success. 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 that keep you connected to what matters most.
State Street is an Equal Opportunity Employer. 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.
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Application Disclosure
Please note that it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. Any employer who violates this law shall be subject to criminal penalties and civil liability.
