Loan Servicing Associate 2

State Street UK

Boston, United States
Base: $41,600 - $66,560 annual; bonus/equity: not ...
Servicing bank loan debt
Client management
Critical thinking skills
As a Loan Services Specialist, Associate 2, you will perform daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients

Job Summary

  • As a Loan Services Specialist, Associate 2, you will perform daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients.
  • The team you will be joining plays an important role in the overall success of the organization, helping institutional investors manage risk, respond to challenges, and drive performance and profitability.
  • State Street offers competitive and comprehensive benefits packages, including medical care, insurance, savings plans, and access to flexible work programs and development opportunities.

Matching Summary

As a Loan Services Specialist, Associate 2, you will perform daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients.

Salary

Base: $41,600 - $66,560 Annual; Bonus/Equity: Not specified; Benefits: Comprehensive benefits program including retirement savings, insurance, paid-time off, Employee Assistance Program, incentive compensation, and tax-advantaged savings plans.

Skills & Requirements

Must-have

  • Servicing bank loan debt
  • Client management
  • Critical thinking skills
  • Meet aggressive deadlines
  • High volume work environment
  • Daily maintenance and record keeping
  • Processing trades, booking receipts and disbursements
  • Daily reconciliation of cash balances
  • Producing daily roll-forward proof
  • Preparing standard and ad hoc reporting
  • Responding to customer queries
  • Processing bank loan notices
  • Interact with Investment Manager
  • Identify unusual transaction activity

Nice-to-have

  • Scalable solutions
  • Build resilience
  • Interpersonal skills
  • Ethical decision making
  • Team environment collaboration
  • Work with individuals at all levels

Key Requirements

  • Bachelor’s degree in finance, Accounting, Economics, or Business Management
  • Strong financial accounting knowledge
  • Proficiency in Microsoft Office applications
  • Strong analytical and organizational skills

Work Rights

Not specified

Tailored Resume

Cover Letter