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Bank Loan Operations, Assistant Vice President

State Street Corporation
Irvine, CA Full Time
POSTED ON 3/2/2025
AVAILABLE BEFORE 5/25/2025

Who we are looking for

As a Bank Loans Assistant Vice President, the ideal candidate will need to have an in-depth knowledge of the Bank Loan asset class and the multiple internal and external dependencies required to successfully manage the end client delivery executed by multiple staff under your oversight. Experience in or exposure to Fund Accounting, Custody, Financial Reporting, Recon, Fund Operations, Trade Processing, Middle Office, Risk Oversight, Relationship Management, Automation, and Management Reporting are required.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams to help navigate employees and the organization as a whole. In your role, you will strive for effective and scalable cutting-edge solutions. You will help us build resilience and execute day-to-day deliverables at our best. 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

As Bank Loans Assistant Vice President, you will :

  • Oversee complex daily production and processes. This is a client-facing, player-coach role responsible for direct staff management in addition to global teams oversight.
  • Serve as lead subject matter expert, primary contact, and escalation point for operational mattersincluding non-routine requests and / or inquiries directly from clients, internal teams, and external 3rd parties.
  • Collaborate and prioritize individual staff and cross-team work to meet daily and monthly SLA, KPI, and other performance metrics.
  • Lead and coordinate cross-functional teams to deliver prioritized projects and / or events, including implementation of process improvements, technological system enhancements, CLO warehouse launches and closings.
  • Role-model work culture traits, propagate valued behaviors, and recognize exemplary actions of others.

What we value

These skills will help you succeed in this role

  • Strong creative and critical thinking, organization, problem-solving, and ethical decision-making skills.
  • Strong verbal and written communication, including interpersonal relationship management and professional empathy.
  • Clear sense of ownership and accountability over individual and team work.
  • Ability to thrive in a global team environment with emphasis on collaboration with both clients and other internal service teams.
  • Education & Preferred Qualifications

  • BS / BA degree required. Must have a minimum of 8 years of related experience in financial services industry. Operations experience is strongly preferred.
  • Experience in working with Bank Loan asset class and MS Office applications required.
  • Proficiency with Wall Street Office (WSO) and Excel macro development preferred.
  • 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

    Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

    State Street is an equal opportunity and affirmative action employer.

    Discover more at StateStreet.com / careers

    IT IS UNLAWFUL IN MASSACHUSETTS TO REQUIRE OR ADMINISTER A LIE DETECTOR TEST AS A CONDITION OF EMPLOYMENT OR CONTINUED EMPLOYMENT. AN EMPLOYER WHO VIOLATES THIS LAW SHALL BE SUBJECT TO CRIMINAL PENALTIES AND CIVIL LIABILITY.

    Salary Range :

    85,000 - $152,500 Annual

    The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

    Job Application Disclosure :

    It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

    State Street's Speak Up Line

    Salary : $85,000 - $152,500

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